VIRGINIA G. PIPER CHARITABLE TRUST   l   ANNUAL REPORT 07/08

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Piper Trust Settles into
New Central Phoenix Home

Virginia G. Piper Charitable Trust serves Maricopa County, a large county comprising 9,000 square miles, nearly four million people and several municipalities including Phoenix, the fifth largest city and fastest-growing metropolitan area in the country.

After eight years leasing offices in Scottsdale, Piper Trust has moved to its own office building in the heart of Phoenix-and nearly the center of Maricopa County. The new location provides better access to nonprofits in all corners of the county.

"We hope to serve our community even more effectively," said Mary Jane Rynd, Piper Trust executive vice president and CFO. "The new office building will fulfill our space needs for the foreseeable future. Also, we purchased the building and will no longer pay rent."

Located at the corner of 12th Street and Missouri Avenue, the building will be home to the Trust's 18 employees and seven members of the Board of Trustees-with room for growth in staff and services.

Sharon Harper, Piper trustee and real estate development executive, encouraged the organization to consider purchasing its own building. "One of the things we discussed early on was that owning provides an appreciating asset as well as ending lease payments," she said. "Ultimately, it will result in the Trust having more to give to the community."

The Spanish-style building, originally named Edificio de Professionals and built in 1984, has undergone major renovations. The new office provides 17,000 square feet of space compared with 6,400 square feet at the Scottsdale office building.

Piper Trust holds a number of public information meetings and convenings, including Piper 101 information meetings, Piper 201 grantee contract meetings, gatherings of Piper Fellows and Piper Academies on leadership topics of interest to nonprofit executives. The Trust will hold Piper meetings in the expanded meeting rooms.

     


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