Triangle Community Foundation on Move
Thanks to the Philanthropy Journal Editor/Publisher Todd Cohen for this capcom article. This article appeared in the Dec 14, 2006, edition of Philanthropy Journal.
Triangle Community Foundation will move next March from its office in Research Triangle Park to larger quarters in the American Tobacco Historic District in downtown Durham.
The $110 million-asset foundation also named Susin Seow, former Vice President of Workplace Giving at Triangle United Way, as development officer for corporate outreach, a new position. In her new job, Seow will develop a program to better engage the region’s business leaders and entrepreneurs in organized philanthropy.
The 10-year lease at American Tobacco includes an option to renew and favorable terms on rent, and will give the foundation a permanent home, says Andrea Bazán-Manson, president.
The move also is a homecoming for the foundation, which was formed in 1983 as the Greater Durham Community Foundation with a $3,000 gift from the late George Hitchings, who was a scientist at what was then Burroughs Wellcome and five years later won the Nobel Prize in medicine.
The new offices will have room for up to 21 staff members, compared to the 13 the foundation now employs in its offices in Cambridge Hall at 4813 Emperor Boulevard. The new space will include two conference rooms for up to 30 people and 15 people, respectively, plus a small lounge area and a small meeting room for five people.
All that meeting space will be open to any nonprofit that wants to use it, Bazán-Manson says.
Jim Goodmon, president and CEO of Capitol Broadcasting Co., which is developing the American Tobacco complex, is making a gift to the foundation to help it renovate its new space, and the foundation also is contributing to the renovation work, Bazán-Manson says.
“Because we serve the entire Triangle region, where we’re located is an important factor because we want to be accessible and centrally located, she says.
The foundation staff also plans to spend more time visiting throughout the region with non-profit’s and donors. Outreach to local businesses will be key to reaching the foundation’s goals for the next five years, Bazán-Manson says.
Thanks to the Philanthropy Journal for this capcom story.