2025 Annual Report

A Rocha Canada

2025 was a year of both/and, holding tensions and paradox while moving toward a hopeful vision of the future. 

It was a year of agility and challenge, of purpose and uncertainty, of honoring the past and leaning into the future. Across the social sector, from the national level down to our own neighborhoods, organizations navigated shifting funding landscapes, rising service demand, and the real weight of weariness. And yet we showed up as a sector for each other and those we serve. Leaders did the faithful work of staying focused on mission and community 

Our engagement with each of you bolsters our belief in the potential of human flourishing for all, not just as a vision statement, but as a reality we can work towards together. 

2025 also marked the Murdock Trust’s 50th anniversary, and that milestone was its own kind of both-and. We paused to honor five decades of stewarding Jack Murdock’s resources for the common good, and we turned our eyes to what comes next. Listening sessions across the region gave us the gift of your candor and feedback, and our inaugural Jack Murdock Innovation Symposium brought us together to dream about what’s possible. The anniversary gave us permission to celebrate, and the moment gave us reasons to keep asking the right questions about the future. 

As I reflect on this past year, what fills me most is gratitude. Gratitude for a social sector that has always held the tension between the limits of any given moment and a sustaining vision of what our communities could become.  

We invite you to explore this report as a celebration of the fruitful work done by nonprofits across our region, and with gratitude for the places the Murdock Trust gets to intersect with it. Behind every inspiring story there is a whole set of questions and uncertainties that go unnamed but are just as much a part of the story we are all building together. 

Thank you for being part of ours. For the last fifty years, and for the next fifty together. 

Murdock Trust CEO, Romanita Hairston, smiling headshot Person sittings with arms crossed, smiling, wearing professional attire and looking directly at the camera.

Romanita Hairston
Chief Executive Officer

A Look Back at 2025

$85m

Total Granted

337

Grants Awarded

1,500

Program Participants

$10.7m to Artistic & Cultural Expression

$33.7m to Civic Engagement & Community Services

$15.6m to Education & Leadership Development

$17.9m to Health & Environmental Stewardship

$6.7m to Scientific Research

50th Anniversary

2025 marked the Murdock Trust's 50th anniversary — a meaningful opportunity to reflect on the past and anticipate the future.

Three things guided our approach to this milestone: shining a light on the extraordinary organizations we've supported over five decades; giving every staff member a chance to connect directly with nonprofits; and honoring Jack Murdock, whose vision and legacy we carry forward every day.

To commemorate five decades of partnership, we visited each of the PNW states we serve, hosting receptions and listening sessions alongside nonprofit association conferences. We engaged with longtime grantees and new potential partners alike, celebrating their work and learning how we can best partner together in the years ahead.

This spirit of collaboration also inspired the inaugural Jack Murdock Innovation Symposium, bringing together hundreds of nonprofit leaders for a day of learning, networking, and bold thinking about what's next for the sector — a fitting tribute to a man whose belief in human potential and the power of community continues to animate everything we do.

We have always believed that the fruit of our labor grows on the trees of others. To all who have been part of our fifty years of history: thank you for all that you do to serve the common good!

Nonprofits at Work

In 2025, we saw nonprofits demonstrate incredible agility and creativity in the face of profound uncertainty and change to the nonprofit sector. The organizations below offer a glimpse of the Strategic Project grants the Murdock Trust was honored to support. Each one represents far more than a single project: it's a whole community investing its time, talent, and resources in what matters. View full list of Strategic Project grants here >

Professional headshot of Pauline Fong

Pauline Fong

Chief Program & Impact Officer

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Children of the Setting Sun Productions
Benaroya Research Institute

Programming

The Murdock Trust welcomed more than 1,500 nonprofit leaders and staff into conferences, convenings, and cohort-style programs in 2025 designed to spark the questions that advanced sustainability and innovation: Where are we? Who else is doing this? What's next? From the inaugural Jack Murdock Innovation Symposium to milestones in some of our longest-running programs, it was a year of remarkable learning, collaboration, and creativity. 

Kimberly Thornbury

Vice President of Programs & Partnerships

Cohort-Style Programs

Board Leadership

In 2025, 190 individuals across 33 organizations deepened their board leadership skills through this year-long, cohort-style program with customized coaching. 

Essentials of Development

78 participants from 22 organizations sharpened their fundraising and development strategies through a blend of in-person gatherings, virtual webinars, and customized coaching.

Green Room: Board Leadership for Leaders of Color

30 leaders of color came together in our 2025 cohort to build skills and community, equipping them to deepen existing board commitments or step into board leadership for the first time.

Peer Cohorts

2025 saw the second year of Excelling Beyond the Beginning, supporting 12 executive directors in years three through six of their leadership, and the inaugural year of our Leaders of Color cohort, welcoming 12 executive directors of color.

Conferences & Convenings

Leadership Now

238 executive directors of faith-based nonprofits, plus Trust staff and partners, gathered for two days of learning, community, and encouragement, exploring the topic "Co-Creating the Future: How Nonprofits Grow Gardens in Challenging Landscapes” together.

Vision & Call Retreat

112 interns joined 61 advisers and mentors in Yelm, WA for a weekend of connection, learning, and vocational discernment at our annual Vision & Call retreat.

Murdock College Science Research Conference

Now in its 34th year, the MCSR conference brought together 330 students and 90 faculty from 31 institutions for two days of presentations, peer networking, and collaborative learning.

Partners in Science Research Symposium

The research conference for our Partners in Science program welcomed nearly 100 science educators (high school science teachers and university mentors), hosted for the first year in Portland, OR. 

Partners in Science Teaching Practices Conference

26 first-year and 13 second-year Partners came together in August for a hands-on day of learning, idea exchange, and peer connection.

Jack Murdock Innovation Symposium

In celebration of the Murdock Trust's 50th anniversary, more than 300 nonprofit leaders and staff, plus Trust staff and partners, from across the region convened for keynotes, breakout sessions, and meaningful conversation about the future of innovation in the nonprofit sector.

Welcoming New Faces to the Trust

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Aaron Putzke joined as Vice President for Scientific Research, leading this focus area’s grantmaking and programming to use scientific research for the common good. 

We welcomed Ashley Castino as our Cloud Applications Administrator, applying her expertise to evolving our web-based platforms to meet business needs.

We welcomed Jeremy Likes as our new Investment Associate, providing reporting, modeling, and analytical support for existing investments and recommendations.

Valentina Chau joined as our Event & Hospitality Planner, ensuring all logistics of Murdock Trust events, meetings, and convenings are effectively executed.

Dr. Moses Lee

After 12 years at the Murdock Trust, Dr. Moses Lee retired from his role as Vice President of Scientific Research Grants & Programming in July 2025. Starting as a Program Director in 2013, Dr. Lee brought a rare combination of deep scientific expertise and visionary leadership to his role, overseeing nearly 600 grants and evolving science programming as the needs of the region changed. Just as impactful, his joyful presence, vibrant energy, and genuine passion for people and science shaped our team and the broader scientific community in ways we will always cherish. 

"I have worked with few individuals more passionate, energetic, and genuinely knowledgeable about their work than Dr. Moses Lee. It is in this spirit that Moses truly embodies the legacy of our benefactor, Jack Murdock. We are deeply grateful for his dedicated service." — Romanita Hairston, CEO, Murdock Trust 

Dr. Moses Lee

Group of people participating in the High Desert Project in Bend, Oregon
High Desert Museum

Total Assets, Grants Approved & Grants Paid

In 2025, we approved more than $85 million in new grants and processed grant payments of more than $97 million in commitments. In a year marked by significant uncertainty across the broader landscape, disciplined fiscal management remained essential to fulfilling our mission, ensuring that every dollar was stewarded with care and directed toward meaningful impact. Hover over the graph below to learn more about the Trust's history of giving.

Professional headshot of Mike True, Chief Financial Officer

Mike True

Chief Financial Officer 

Hover over the graph for more information. (Amounts in thousands. Example: $1,140,574 = $1,140,574,000)

Investments

The Murdock Trust kept a steady hand on our long-term investment strategy while staying responsive to a year of notable market complexity in 2025. We continued realigning allocations where needed, always in close partnership with our trusted managers. Our team remains committed, as ever, to stewarding these resources well in support of nonprofits and the communities they serve. 

Professional portrait of Elmer Huh, Chief Investment Officer

Elmer Huh

Chief Investment Officer

The Murdock Trust divides all potential investments into either low, medium, or high “risk/reward buckets” and considers all types of investment products — without preconceived ideas or built-in biases — for all three categories. Our investment objectives follow directly from this “three-bucket” allocation strategy. More information on this strategy ›

Target Allocation

Investment Types

Low Risk/Return
Medium Risk/Return
High Risk/Return

About Our Benefactor

Our benefactor, Melvin J. “Jack” Murdock, was an avid learner, innovator, and entrepreneur with business interests throughout the Pacific Northwest. At a young age, he established his own business selling and servicing radios and electrical appliances, and from there he began working with Howard Vollum. The two would go on to develop the oscilloscope and co-found Tektronix, which would become a major Oregon employer and contribute significantly to the tech growth of the Pacific Northwest. Upon his untimely death in 1971, his will directed three Trustees to establish a charitable trust that would support thriving communities in the region he lived in and loved.

Black and white portrait of Jack Murdock, Pacific Northwest entrepreneur and philanthropist

Our Mission

To build capacity in nonprofits driving innovative and sustainable outcomes in the Pacific Northwest.

Forest of green trees, blue sky with clouds, and mountains in the background.
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