What's Happening?
The Roundhouse Foundation, initially a small family foundation, has significantly expanded its philanthropic efforts in rural Oregon. Since 2019, the foundation has increased its grant distribution from
$221,000 to approximately $15.5 million by 2024, supporting over 600 organizations. This growth is attributed to a bequest from Gert Boyle, former chair of Columbia Sportswear, and the strategic leadership of Kathy Deggendorfer and Erin Borla. The foundation's asset base has grown to $400 million, with plans to distribute $21 million in grants by 2026. Roundhouse focuses on arts, culture, environmental stewardship, social services, and education, while also addressing rural healthcare challenges and disaster response. The foundation has become a key player in national conversations about rural philanthropy, emphasizing trust-based approaches and community engagement.
Why It's Important?
The expansion of the Roundhouse Foundation highlights the increasing importance of targeted philanthropy in rural areas, which often face unique challenges such as healthcare access and disaster recovery. By increasing its funding and focusing on trust-based philanthropy, Roundhouse is addressing critical needs in rural communities, which are frequently overlooked by larger philanthropic efforts. This approach not only provides immediate support but also fosters long-term resilience and self-sufficiency in these communities. The foundation's work in healthcare, particularly in addressing 'pharmacy deserts,' and its role in disaster response, exemplify how strategic philanthropy can have a substantial impact on rural populations. As Roundhouse continues to grow, it sets a precedent for other philanthropic organizations to follow, potentially influencing broader policy and funding strategies.
What's Next?
Roundhouse plans to continue its expansion, with a budget of $21 million for grants in 2026. The foundation is also increasing its involvement in national discussions on rural philanthropy, potentially influencing policy and funding strategies beyond Oregon. As it grows, Roundhouse is likely to further develop its focus areas, such as healthcare and disaster response, and continue to build partnerships with other philanthropic organizations. The foundation's approach to governance, including the addition of community trustees and advisory committees, suggests a commitment to inclusive and responsive philanthropy. This evolution may lead to new initiatives and collaborations that address emerging challenges in rural communities.
Beyond the Headlines
Roundhouse's growth reflects broader trends in philanthropy, where family foundations are increasingly adopting professionalized, trust-based approaches. This shift involves sharing decision-making power with professional staff and community members, which can enhance the effectiveness and reach of philanthropic efforts. The foundation's work underscores the importance of understanding and addressing the interconnectedness of rural issues, such as healthcare, education, and environmental stewardship. By focusing on 'the magic in the middle,' Roundhouse is funding initiatives that cut across traditional silos, reflecting the complex realities of rural life. This holistic approach may inspire other foundations to adopt similar strategies, potentially leading to more integrated and impactful philanthropic efforts.
