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Virginia G. Piper Charitable Trust
Virginia G. Piper established the Trust in 1995. She was the widow of Motorola co-founder Paul Galvin. The foundation operates as a private independent...
Virginia G. Piper Charitable Trust
Virginia G. Piper established the Trust in 1995. She was the widow of Motorola co-founder Paul Galvin. The foundation operates as a private independent grantmaker focused exclusively on Maricopa County. The Trust allocates across private equity, hedge funds, and startups. Confirmed holdings include commitments to Equity Partners III and Equity Partners IV. It also maintains a real estate footprint through direct ownership of its headquarters at 1202 East Missouri Avenue and an extension property at 1177 East Missouri Avenue. Geographic activity remains confined to the United States, with primary emphasis on Arizona. Cambridge Associates has served as investment advisor since 2006. Northern Trust acts as custodian since 2014. The foundation reported estimated annual giving of $23.4 million and executed a $123 million one-time grant program in 2021. Governance rests with a board of trustees that includes family members and local business leaders. Stephen J. Zabilski, who joined the board in 2006, assumed the CEO role in 2023.
General information
Firm type
Endowment / Foundation
Year founded
1995
Location
Region
North America
Country
United States
City
Phoenix
Corporate office
1202 East Missouri Avenue, Phoenix, AZ 85014, United States
Principals
Stephen J. Zabilski
President and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Virginia G. Piper Charitable Trust?
Stephen J. Zabilski serves as President and CEO. The board of trustees, which includes family members and local executives, oversees investment policy.
Does Virginia G. Piper Charitable Trust participate in fund commitments or only direct deals?
The Trust holds limited partner positions in private equity funds including Equity Partners III and Equity Partners IV. It also maintains exposure to hedge funds and early-stage opportunities.
Where does the underlying wealth come from?
Virginia G. Piper, widow of Motorola co-founder Paul Galvin, established the Trust in 1995 with assets from the electronics and technology sector.
What geographic areas does the Trust target?
All grantmaking and operational activity is restricted to Maricopa County, Arizona, within the United States.
Which professional networks does the Trust belong to?
The Trust holds memberships in the Arizona Grantmakers Forum, Council on Foundations, Grantmakers for Effective Organizations, PEAK Grantmaking, Philanthropy Southwest, and Early Childhood Funders Collaborative.
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