One of the Arboretum's many specimens of Leucospermum (Photo: Don Kenny) |
The David and Lucile Packard Foundation of Los Altos has granted $309,757. During the three-year grant period, Arboretum staff will work with the Packard Foundation's Organizational Effectiveness Program to devise plans for the Arboretum's long-term financial self-sufficiency.
In another expression of support, Santa Fe resident and longtime Arboretum supporter Elspeth Bobbs has pledged $500,000 to establish an endowment that will help support the Arboretum's general operating expenses. The gift was made to honor Ray Collett, who stepped down in December from his administrative role as Arboretum director.
Under terms of the $500,000 pledge, the campus and community have been "challenged" to match the gift.
Another gift to the Arboretum, made by Santa Cruz resident Barbara Shields in late December, has taken the campus halfway toward that matching goal. A lifelong gardening enthusiast and highly recognized watercolorist, Shields has established a charitable trust with a gift of $250,000.
"This generous support will provide a tremendous boost to the Arboretum," noted Chancellor M.R.C. Greenwood.