Our mission is to maximize the leverage of philanthropic dollars, time and effort through the pursuit of two strategies:
- to increase philanthropic resources by supporting organizations, programs and projects that serve primarily to encourage philanthropy, public service and/or volunteerism; and
- to increase philanthropic impact by encouraging and supporting long-term collaborations among nonprofits working in the same or complementary areas in order to increase efficiency and/or impact and to reduce duplication of efforts, and the adoption of other sound business practices.
Jerry Hirsch, Chairman
Lois Savage, President
Cathy Lake, Vice President of Programs
Bonnie Fujii, Grants Manager
One of the challenges in starting a new enterprise is finding the right name to reflect the essence of the organization. In 1999, as we were forming the foundation, we read through an entire dictionary searching for the perfect name; it was there that we discovered the word “lodestar.” “Lodestar” has two meanings: first, it’s the guiding star that is used as a point of reference for sailors in navigation, and, secondly, and more generally, it is something that serves as a model, inspiration or guiding principle. We subsequently learned that “lodestar” has a third meaning in Arizona history; the “lodestar” was the first shining glint of ore, uncovered by miners, that foreshadowed striking a rich vein of ore in the mine. Applying any of these three definitions, it seems the perfect name for a foundation that was formed to inspire and guide us to find happiness through philanthropy.
Our Geographic Focus
The Lodestar Foundation is based in Phoenix, Arizona, and a number of our grants fund projects and initiatives of local nonprofits. However, we are opportunity-driven and will consider making grants elsewhere for opportunities that are aligned with our mission and strategies and include strong funding partners to participate with us. Consequently, we have made grants throughout the United States and in Central America, Europe, the Middle East, Asia, and will consider grant opportunities worldwide.