From Family to Community:

A History of the Satterberg Foundation

1990 – 2012

Founding Era

Forging our philanthropic path.

Our family’s culture and interconnectedness drove our giving as we saw the pressing need for a just society and a sustainable environment. Very early, we committed to a 10% annual payout of our assets—double the IRS requirement.

2012 – 2015

Exponential Growth

Learning to listen to community.

With the passing of a family elder, our assets grew from $4M to $400M. We hired our first paid Executive Director and philanthropic advisors, who helped us establish a culture of listening to the community and taking bold risks.

2015 – 2020

Refining Focus

Hitting our stride as stewards of community assets.

We modified our focus to center BIPOC communities and equity, launching our core support multigenerational funding program that would go on to support more than 200 Grantees.

2020 – 2021

Pandemic Pivot

Reframing stewardship as reparative action.

This reflective moment allowed us to more fully acknowledge the deeply harmful impacts of entrenched racism, and the immediate need for the wealthy to share not just funds but power. The Foundation Board took a back seat to staff in grantmaking, and we created the Reparative Action Fund.

2022 – 2025

​Moving Forward

Putting our values into action.

How do we operationalize our beliefs? We have committed to spending down our assets over the next ten years, deepening learning partnerships with our Grantee Partners, and championing Trust-Based Philanthropy. Whatever happens, this next stage will be characterized by a continual effort to walk our talk.