an overview***
where we are and where we’re heading
From peddling coffee ona horse-drawn cartto an empire of 128Fred Meyer superstoresin Oregon, Washington, Idaho and Alaska.
When he died in 1978, Fred Meyer’s will established a charitable trust from his personal assets, valued at $120 million – creating the largest private foundation in PNW in 1982
• entrepreneur
• innovator
• risk-taker
• community-builder and supporter
• backer of local economic development, new businesses
• unorthodox
Fred G. Meyer:the man behind MMT
MMT’s mission: To invest in people, ideas and efforts
that deliver significant social benefit to Oregon and Clark County, Washington
MMT’s values:Stewardship
EntrepreneurshipService-driven
Leading by example
Over the past 26 years, MMT has made grants to help
in places like
Recent Changes –
2005: First operating planDecision to become national model of a regional foundation
What:Align our work more closely with our mission to invest in people, ideas and efforts that deliver significant social benefit to Oregon and Clark County,
Washington
Why:
To increase our social impact and outcomes
To give ourselves greater clarity of purpose
To continually learn and improve our work
Report to Meyer Memorial TrustApril 2007
3major strategies
Restructure giving to increase social impactS1
Willamette River Basin Restoration
Access to Affordable Housing
est. $12 mil over next 6 yrs2008-14
$9 mil over 7 yrs2007-14
Quality K-12Public
Education
$16.3 mil over 7 yrs2003-10
s1 Increase focus on critical issues facing
Oregon, starting with 3 initiatives
*Additional allocation in Affordable Housing expected 2009
• Focus more on capacity building
• Enhance and increase small grants program critical to grassroots & small organizations
• Outreach to underserved areas/groups (TWST)
• Share learning (events & connectipedia)
• Develop technical assistance grants program
s1 Work more intentionally to strengthen nonprofit sector
• Highest and best use of MMT capital and intellectual resources
• Stimulate proposals in critical areas by issuing RFPs
• Respond nimbly to emergencies and special opportunities
s1 Maximize returns and impact
Discussion
Evaluating Participation
Reflection Planning
Partnering ParticipationEvaluating
Reflection Discussion Planning
Partnering
s1 More emphasis on...
s2 Mission Investing
• Growth of MMT’s Program-Related Investments
MMT Awards 2000+
$0
$5
$10
$15
$20
$25
$30
$35
00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08
Millions
Fiscal Year
Amount
PRI
Grants
Total
• MMT co-leading national 2% challenge
• more than 5% of MMT assets in MRI and growing
• sharing MRI study, implementation plan
A home of our ownsomeday?s3
Imagine the possibilities!
An appreciating assetFurthering our mission
Save lease costsA NPO learning center?Model for collaboration?
Incubate innovation?Green building
and more...