Jewish Family & Childrenâ€™s Service One of 71 Arizona Nonprofits to Receive a â€˜Now is the Momentâ€™ Grant from Virginia G. Piper Charitable Trust
By Marissa Baker -
Wednesday Sep 22, 2021
When Dr. Lorrie Henderson received a call to meet with the Trustees of Virginia G. Piper Charitable Trust, he was quick to say yes. After all, the Piper Trust had supported Jewish Family & Childrenâ€™s Service over the years, and he was happy to accept the invitation.
Little did he know that he would leave that meeting with JFCS as a recipient of one of 71 surprise grants made to Arizona nonprofits.
Despite a tumultuous year due to the global health crisis caused by COVID-19 and economic uncertainty across all sectors, many individuals and institutions with significant investments in the stock market experienced extraordinary growth in the value of their holdings. Virginia G. Piper Charitable Trustâ€™s endowment grew by $123 million in the 15 months following the start of the pandemic. With these two opposing forces at work and as stewards of the Trustâ€™s founder, Virginia Galvin Piper, Trustees felt compelled to share all of the earnings with the community in one swift action by awarding $123 million in one day, the largest single-day grant initiative in Arizonaâ€™s history.
â€œPiper Trust has been extremely generous to JFCS over the years,â€ said Gail Baer, JFCSâ€™ vice president of philanthropic services. â€œI couldnâ€™t hold back the tears when they shared that we would be receiving an unrestricted grant as part of their â€˜Now is the Momentâ€™ grants commemoration.â€
According to Piper Trust, grantee selection was shaped by each organizationâ€™s respective mission and impact on the community. The grants ranged in size and were determined by a variety of factors such as an organizationâ€™s overall need, budget size, and populations served. Some selections were based on Virginia Piperâ€™s history of giving to organizations and her personal values.
â€œThese past 18 months have been challenging, and social services programs like JFCS have seen an exponential increase in requests for services,â€ said Henderson, president/CEO of JFCS. â€œWe are honored to have been selected by Piper Trust to receive this generous grant as a testament to the important work we are doing in our community.â€
The $123 million Now is the Moment Grants Commemoration was a single-day investment in Maricopa Countyâ€™s nonprofit community. Piper Trustâ€™s annual grantmaking averaging $22 million will continue as usual. Since it began awarding grants in 2000, Piper Trust has awarded more than $644 million in grants to the community..
About Jewish Family & Childrenâ€™s Service
Jewish Family & Childrenâ€™s Service (JFCS) is a nonprofit, non-sectarian organization that strengthens the community by providing behavioral health, healthcare, and social services to all ages, faiths, and backgrounds. JFCSâ€™s goal is for a future where families are strong, elders are cared for, and children are safe. The dedication to the mission is strengthened by a commitment to core Jewish values that honor community and the continuity of the generations. More information about JFCS and ways to support the organizationâ€™s mission is available at http://www.jfcsaz.org.