Meyer Memorial Trust gives $2 million to local charities
July 29, 2013
When foundations decide to give money to various charities to support a number of different objectives, administrators have two choices - they can focus on a given region or spread their generosity across the globe. Either option is a valuable one and can result in important groups being given the funds they need to succeed.
When the Meyer Memorial Trust of Portland, Ore., was faced with this choice, it decided to keep things close to home. More than $2 million was given to a few organizations in the area.
For example, the trust gave $165,000 to the Bandon Community Health Center so that more children would have access to healthcare, $100,000 went to the Japanese Garden Society of Oregon to prepare for its 50th anniversary and $150,000 was funneled to Garten Services to modernize recycling tactics.
This type of action isn't new to the Meyer Memorial Trust. The group tends to center its financial efforts on organizations across Oregon and in Clark County, Wash. In the fiscal year that ended in March 2012, charities in these areas received more than $25 million from the entity.
Organizations that are looking to raise funds through grant opportunities or local campaigns can use nonprofit financial management solutions to improve their chances of success. The software can help program leaders identify potential donors and send out applications with accurate accounting information.