The Murdock Trust Envisions the Next Billion Dollars in Grants

1. The Murdock Trust Envisions the
Next Billion Dollars in Grants
By: Murdock Trust

2. The Murdock Trust Envisions the Next Billion Dollars
in Grants
Founded in 1975, the M.J. Murdock Charitable Trust has made more than 6,700 grants to nonprofit
organizations that strive to build better communities in Alaska, Idaho, Montana, Oregon, and
Washington. As the Murdock Trust celebrates its total grants surpassing the $1 billion mark, the
foundation leaders also begin to plan for the next billion dollars in grants.

3. The Murdock Trust Envisions the Next Billion Dollars
in Grants
With the Murdock Trust’s assets growing from $91 million to $1.3 billion over the past four
decades, the foundation expects to make $50-$60 million in grants each year moving forward.
Having supported more than 3,000 organizations in the past, the foundation aims to expand its
reach by partnering with more nonprofits in the future.

4. The Murdock Trust Envisions the Next Billion Dollars
in Grants
According to Steve Moore, the executive director of the Murdock Trust, the foundation will continue
to listen to nonprofits that have direct involvement with the locals and firsthand knowledge of the
unique needs of the communities across the Pacific Northwest. Instead of directing nonprofits on
what to do, the foundation will support and work alongside them in serving the region.