The state’s third-largest charitable foundation will take a hiatus from the middle of March through the fall.
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
The state’s third-largest charitable foundation will take a hiatus from the middle of March through the fall.
Meyer Memorial Trust is aiming to better assist education, the environment and affordable housing — as OregonLive.com David Stabler reports.
With $780 million in assets, the Meyer Trust gave away $30.5 million to 339 nonprofit organizations last year in the areas of education, the environment, affordable housing, and arts and social services. The Trust chose March 15 to begin its hiatus because that is a previously established deadline date for grant applications.
Changing focus isn’t unique to Meyer, Foundation Source philanthropy director Elizabeth Wong said in the story:
“We have a saying, ‘When you’ve met one foundation, you’ve met one foundation’,” she said. Some put their priorities out front. Some see problems surface and go from being a general supporter to identifying the most compelling needs in a community.
