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Phoenix Business Journal: Virginia G. Piper Charitable Trust awards $123M in grants to Arizona nonprofits

Trustees of Virginia G. Piper Charitable Trust on Monday doled out $123 million in surprise grants to 71 Arizona nonprofits.

The trustees met with the CEOs and board chairs of the 71 organizations to thank them for their leadership and work, and wanted to provide a boost of capital through the grants program — known as the Now is the Moment Grants Commemoration — and provide significant capital through grants that will give them strength and runway to help secure their futures.  Read more