Double bottom line investing.
Triple bottom line investing.
Socially responsible investing.
There are more terms than we can list to describe all the opportunities today to invest for good. Impact investing is shaking up both philanthropic and traditional finance circles, having captured the attention of investors of all stripes: private and public, for-profit and non-profit, individual and institutional. A recent report, Essentials of Impact Investing, estimates the total impact market could reach between $400 billion and $1 trillion by 2020.
Bill and Nancy Smith spent over 30 years bringing joy to children around the world by providing toys and novelties from their Sumner-based company, Toysmith. Bill started the company in 1981 from his garage, and when they handed over the reins to new leadership this summer, Toysmith stocked and shipped over 1,600 products – from bristle blocks to glow-in-the-dark footballs – to more than 7,500 retailers around the world.
Focused on building Toysmith for so many years, the Smiths had little time to dedicate to personal interests in their own back yard. But with the sale of their company resulting in greater liquidity and more time, they decided it was time to build again – this time with a philanthropic focus on their community.
We’re so proud that Spark Grant recipients are as diverse as our community! In our last cohort, in addition to Tacoma Tool Library and Creative Colloquy Crawl, we have a community park project undertaken by Gates High School leadership students – the Gates Community Beautification Project. If this project does not inspire a spark in you, we don’t know what will!
Spark Grants seek to connect and impact the Greater Tacoma community in as many ways possible - from tools to literature! Along with Tacoma Tool Library, another recent Spark recipient is Creative Colloquy Crawl. On October 7 this inaugural literary event will gather more than 30 local writers in 9 venues across Tacoma for a night of local literary immersion. The Crawl will provide an exciting opportunity to meet local authors, connect with the written word, and celebrate the South Sound’s rich talent. The line-up of genres is as diverse as Spark grantees themselves, including young adult, science fiction, fiction, non-fiction, graphic novels, poetic prose and the list goes on!
People have been “Doin’ the Puyallup!” since the fair was first conceived in 1900, with the goal of advancing the interests of agricultural, horticultural, dairying, stock raising, mining, and manufacturing industries of the Puyallup Valley. Since then, Pierce County has changed and the Fair has changed, supersizing to meet the ever-more-complex and diverse interests of the population of this area.
Lately, it feels like not a week goes by without another national news story about tension, and sometimes violence, between police and citizens – in particular, citizens of color. In an effort to avoid this fate, and instead proactively work to build a positive relationship between law enforcement and our community, the Tacoma Police Department and City Manager launched a new initiative this month, Project Peace.
Stories and studies abound describing the next generation’s search for meaning and desire to make the world a better place.
Sparks are flying in Pierce County thanks to the most recent Spark Grant recipients! Have you seen all the amazing things they’re doing?
Did you know that in 2014, 72% of total charitable giving in the United States came from individuals? People like you? Your children? Your neighbors across the street?
Page 1 of 27 >>