Thursday, February 17, 2022

M.J. Murdock Charitable Trust sets giving records in 2021

Following two record-breaking years of giving, the M.J. Murdock Charitable Trust based in Vancouver, Washington announced a record quarter and record year of giving. Since its establishment in 1975 by the estate of Melvin J. “Jack” Murdock, a co-founder of Tektronix, the Murdock Trust has invested over $1.2 billion in nonprofit organizations that enrich the educational, spiritual, and cultural base of the Pacific Northwest.

Recently, the Murdock Trust announced that it approved 112 grants in the final quarter of 2021, totaling $25.4 million. This includes funding for 33 nonprofits totaling $6.4 million in Washington alone. These record-breaking numbers finish off a record-breaking year of giving; in 2021, the Murdock Trust invested $110 million through 460 grants throughout the region.

In 2019, the Murdock Trust invested $57 million, followed by $75 million in 2020. This marks the third consecutive year the Murdock Trust set personal records for investment in the community.