Now is the Moment Grants Commemoration
Virginia G. Piper Charitable Trust Awards Surprise “Now is the Moment Grants Commemoration” to 71 Nonprofits, including ATC—the Largest Single-Day Grant Initiative in Arizona History
The grants were presented to the awardees throughout the day on September 13, 2021—as a complete surprise. Trustees personally met with the CEOs and Board Chairs of the organizations to thank them for their leadership and work and provide significant capital through grants that will give them strength and runway to help secure their futures.
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 large investments in the stock market experienced extraordinary growth in the value of their holdings. Virginia G. Piper Charitable Trust’s endowment grew in the 15 months following the start of the pandemic. With these two opposing forces at work, and as stewards of the Trust’s founder, Virginia Galvin Piper, Trustees felt compelled to share with the community all of the earnings in one swift action.
Thank you to the Virginia G. Piper Charitable Trust for this transformative gift, having faith in the arts, and supporting ATC!