Category: Philanthropy
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Boris And The Enduring Impact of Endowments
At 34 years old, Boris the polar bear is believed to be the oldest male polar bear in the world. Boris has lived over half of his life at Tacoma’s Point Defiance Zoo & Aquarium, where he found a safe, caring home after being rescued from a tropical circus. From special vitamins and foods to > Continue Reading
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Intentionally Planning a Year of Generosity
There are currently four generations and more than fifteen family members engaged in the Nist Family’s philanthropy. Thanks to a well-defined giving strategy, one of the family’s youngest members guided the family’s annual giving. “In the end, he helped us all recognize the organization that was most closely aligned with our mission.” “We want to > Continue Reading
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Move Beyond the Overhead Myth To Giving For Impact
The end of the calendar year is a time when charitable giving is in the spotlight. Just as there are myths associated with many year-end cultural celebrations, there are also myths associated with philanthropy. Some ideas about charitable giving are rooted in well-meaning, but incorrect assumptions about nonprofits. Other myths are holdovers from outdated approaches > Continue Reading
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Partnering for Life-Centered Planning – Bev Cox, Certified Financial Planner
Over the past 38 years, Greater Tacoma Community Foundation has seen Pierce County grow and change, but what has remained constant is the passion people bring to building a thriving community. Sharing community knowledge and stories about our lived experiences builds everyone’s ability to make a positive impact. In our latest annual book of Pierce > Continue Reading
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An Opportunity for Impact Arrives at Age 72
A GTCF fundholder said, “A lightbulb went off!”, when he discovered a sometimes-overlooked opportunity to support a thriving community available after age 72 . It isn’t traditionally seen as a milestone birthday, but age 72 can be reason to celebrate. That’s when Individual Retirement Account (IRA) holders must begin taking minimum withdrawals annually, known > Continue Reading
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Partnering for Higher Education Scholarships: Xavier Cooper, GTCF Fundholder
Over the past 38 years, Greater Tacoma Community Foundation has seen Pierce County grow and change, but what has remained constant is the passion people bring to building a thriving community. Sharing community knowledge and stories about our lived experiences builds everyone’s ability to make a positive impact. In our latest annual book of Pierce County > Continue Reading
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7 Big Ideas From Next Gen Philanthropists
Kristen Corning Bedford compares the evolution of philanthropy to a bee hive, “The old model was to woo the queen bee … the future is wooing the hive.” Her metaphor emphasizes the importance of principles of solidarity, agency, and reciprocity in order for philanthropy to disrupt the status quo and create real change. “as next > Continue Reading
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GTCF’s Socially Responsible Investment Fund Hits Market Sweet Spot
Over the last three years, GTCF’s Socially Responsible Investment (SRI) Fund has outperformed its endowment fund by 1%. GTCF CFO, Mo Mousa, pleased with the SRI fund’s performance since its introduction in 2016, likes to think of SRI as, “Doing well while doing good.” With specific regard to “doing well,” Mousa offers this: “A > Continue Reading
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Local Organizations Go Beyond the Gala for Deeper Donor Engagement
When she arrived at her post as president and CEO of Goodwill of the Olympics and Rainier Region in 2017, Lori Forte Harnick wanted to engage donors more deeply in the organization’s transformational work. She had a vision: “More people should be invited to our beautiful work opportunity center so they can see us in > Continue Reading
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2018 Giving Numbers Point to the Importance of Donor Relationships
Charitable giving in 2018 set another overall record, reaching $427.71 billion nationally. Although that is an increase of nearly $3 billion in current dollars from 2017, adjusting for inflation, total giving decreased by $7.4 billion. Those numbers came from Giving USA’s annual report on philanthropy, offering research into the who, what, and where of giving in 2018. “Many donors are becoming more sophisticated in the way they want to give and the > Continue Reading