Meyer Memorial Trust

Sponsor Website:

http://www.mmt.org/

Sponsor Description:

We work with and invest in organizations, communities, ideas and efforts that contribute to a flourishing and equitable Oregon.

As of November 2012, Meyer Memorial Trust had made 7,100 awards for more than $577.5 million since it began operating in 1982.

Overview of Meyer Memorial Trust's Funding Activities

In Fiscal Year 2011 that ended March 31, 2011, Meyer Memorial Trust invested more than $30 million in 246 new grants and program-related investments to nonprofit organizations that operate in and serve Oregon and Clark County, Washington. In addition, its more than $4.4 million operating costs supported the local and regional economy. MMT paid out a total nearly $31 million in FY 2011, partly to meet commitments made in prior years.

The nonprofit sector is an important but sometimes overlooked part of the United State's economy, accounting for more than 8% of all wages and salaries in the U.S. Nonprofit organizations employ some 13.5 million people, more than manufacturing (12.3 million employees) and more than construction, finance and insurance industries combined (11.6 million employees). Since it began operating in 1982, MMT has provided more than $554 million to the regional economy through the nonprofit sector, primarily in Oregon and Clark County, Washington. We have awarded funds in every one of Oregon's 36 counties and about 80% of cities, communities and unincorporated places in the state. Through our operating budget, we have contributed more than another $46 million to the area's economy since 1982.

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