Category: Philanthropy
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An Opportunity for Impact Arrives at Age 70½
A GTCF fundholder said, “A lightbulb went off!”, when he discovered a sometimes-overlooked opportunity to support a thriving community available after age 70½ . It isn’t traditionally seen as a milestone birthday, but age 70½ 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
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Partnering For Philanthropy: Bob Pittman, Professional Advisor
At Greater Tacoma Community Foundation, we’ve seen how much more we can accomplish when we work together. Since 1981, community members have shared their commitment to a thriving Pierce County by partnering with GTCF to bring their vision to life and build a legacy for future generations. In our 2018 yearbook, Pierce County Partners, a few > Continue Reading
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Endowment Funds Help L’Arche Tahoma Hope’s Community for the Long-Term
L’Arche Tahoma Hope is a familiar sight at local farmers markets, offering flower baskets, plants, and vegetables. That produce is grown on six acres in rural Pierce County by members of the L’Arche community, people with and without developmental disabilities. Although the market booths are the most visible part of L’Arche’s work, the 43-year old organization also supports and enriches the lives of its community > Continue Reading
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Partnering For An Engaged Community: Bill & Della Robertson
At Greater Tacoma Community Foundation, we’ve seen how much more we can accomplish when we work together. Since 1981, community members have shared their commitment to a thriving Pierce County by partnering with GTCF to bring their vision to life and build a legacy for future generations. In our 2018 yearbook, Pierce County Partners, a few > Continue Reading
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Don’t Let The Fear Of “No” Get In The Way Of Giving
When Jan Jacobs led fundraising efforts for the Seattle-based international health innovation nonprofit, PATH, a high-tech sticker helped engage donors with the organization’s mission. Donors were invited to tour the facilities where a PATH product designer, who Jan compared to Bill Nye the Science Guy, “with his apron and ear protectors slung around his neck”, demonstrated > Continue Reading