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April is proving an exciting month at MMT, with several things we just can’t wait until our regularly scheduled e-newsletter to share. We have new staff to introduce, a capital survey we encourage you to take, a new investment portal to announce and more.
It's been another productive month at Meyer Memorial Trust! First, we awarded more than $4 million in grants in February to 62 organizations in Oregon and Clark County, Washington. Grantees represent a wide range of issues and interests in communities all across our region.
This is a very exciting and critical time at Meyer Memorial Trust. We have three management level positions open at once: Director of Human Resources, Director of Communication and Chief Investment Officer. Our hiring decisions will help determine the path MMT takes for at least the next decade.
Well, the day has finally come for my last news alert to all of you. After today I am officially semi-retired. What that means is I will no longer be Director of Communication and Learning. I will, however, continue to work to move Oregon Unlimited forward through the end of 2014
At the December program meeting, MMT trustees made 22 grants for nearly $4.2 million. Five of the awards–totaling $1,085,333–went to organizations that help Oregonians meet basic needs, as we enter the winter season when poverty hurts the most.
So my greenhouse is packed full of all the plants that might be harmed by a freeze, some still in a state of bloom. Temperature-wise, I think many of my plants have been confused this year. One tree is on its fourth bloom! But photoperiodism is more reliable. That's the scientific term for plant's reaction to light and dark, controlled by the phytochrome pigment in leaves.
At the November program meeting, Meyer Memorial Trust's board of trustees awarded more than $4.3 million in grants and a program-related investment loan to 14 nonprofit organizations in Oregon and one in Vancouver, WA. Nearly $3 million of the amount awarded went to large capital projects, which MMT considers twice a year. The two grants to Stand for Children were made under our Quality K-12 Public Education Initiative.These awards bring the total amount MMT has awarded since it began operating in 1982 to more than $611.3 million.November awards included:
Can you believe the weather we've had this month? And what it's doing to leaves on trees and shrubs? I've heard a number of people say this is the best fall color Oregon has seen in their lifetimes. And these were not toddlers speaking. For example, check out my Fothergilla to the right. I swear I have not shopped this photo! Straight from my iPhone with no filter... (Imagine if I had a real camera?!
The leaves of the sumac tree outside the window have turned red and are beginning to fall. The bird feeder is full of nyjer thistle seed for the goldfinches. How about a round of fresh pressed apple cider and some pumpkin pie to complete the scene?
At present, we are most excited about this month's program meeting. It was record-setting–epic even!–on a number of fronts. Partly because our trustees awarded $17.5 million!! In one day!! That translates to support for many organizations, communities, ideas and efforts that contribute to a flourishing and equitable Oregon
This month's meeting led to actions that awarded and invested $17.5 million in Oregon, the greatest amount ever awarded by MMT in a single day. Actions included approving $11 million dollars to support our Affordable Housing Initiative for the next five years. Director of Programs Candy Solovjovs will report on what this means our on website soon, including the timeframe of when we anticipate funding through this next phase of the Initiative will be available, for what purposes, and how to keep up-to-date about application opportunities.
So I guess we are in the waning days of summer. I can feel it in the air. Especially at night. I hope you've enjoyed this summer as much as I have. I think it was one of the loveliest ever, weatherwise.
I think Oregon is the best summer place on the planet. Warm by day, cool at night, breezes to keep the air fresh and the long hours of sunlight do wonders for all living things. Well, except for the forest fires.
At the July program meeting, Meyer Memorial Trust's board of trustees awarded $2.016 million in grants to 17 nonprofit organizations across Oregon. These grants bring the total the foundation has awarded to 7,492 awards totaling $599,629,835. It's looking pretty likely that we'll pass the $600 million mark at our next trustee meeting! July awards included:
During June Meyer Memorial Trust awarded 63 grants for nearly $3 million. Most of the awards–48–were made in the Grassroots Grants program, which awards grants up to $40,000, usually to smaller organizations. The remaining awards–totaling nearly $1.8 million–were Responsive Grants, including five to Habitat for Humanity affiliates to help their work in providing affordable housing. The largest awards were: