According to the AllTrails mobile app, the Best Trails in the USA include the John Muir Trail, the Tahoe Rim Trail, the Ozark Highlands Trail, American Discovery Trail and more. What do these trails have in common? They are epic, challenging, well known and well maintained, traversing some of the most spectacular terrain in the country. There were visionaries who built them, and there are stewards who look after them. The Tahoe-Pyramid Trail (TPT) is taking its rightful place alongside these trails, and the TPT Board, volunteers, supporters and users continue to work together to ensure that the TPT is here for future generations to enjoy.
The tag line “For Good, For Ever” has been used by many groups and charities, but those words don’t always mean what they say. In our case, they mean exactly that. With only 19% of the trail remaining to be built, we are planning for the trail to be available, well used and well maintained, forever. In that effort, and to ensure the vision persists, our Founder Janet Phillips established an endowment in 2017. With the Board’s support and agreement, the endowment is held at the Community Foundation of Northern Nevada, and the first donors were Mike and Karen Traynor. Many people have contributed through the years including Sam Limerick and Gayle Haraguchi, Elaine Alexander, Jack and Linda Hartman, Jay Stuart and Nancy Wong, Muriel Sonne, Marcia Growden, Mark Hughs, and yours truly. More than a dozen families have committed to make a gift to the endowment through their estate plans.
While the endowment didn’t grow much until 2021, in that year a regular donor, John Strangman, passed away and bequeathed about $1.5 million dollars to the TPT, which was added to the endowment. A few additional large gifts were made, including from Greg Nelson, and then Janet left the bulk of her estate to the endowment when she passed away two years ago. Today the endowment is close to $5 million and a donor you may recognize, Ernest Tschannon, has committed to make a significant gift that will grow the endowment to more than $6 million. Ernest’s name is on signage on the trail as recognition of his commitment. The TPT uses up to 5% of the endowment annually to help cover operating expenses. This money comes from the interest earned on the endowment, so we don’t touch the principal. Our goal is to grow the endowment to about $10 million, which we estimate will cover between 30% and 40% of our annual costs from the income stream. There is little doubt that we will need to fundraise every year to “fund” the bulk of the costs of constructing, maintaining, improving and operating the TPT, but the incredibly generous gifts to the endowment ensure the organization will always be supported.
Few organizations have such a resource, and many organizations go under when times are tough, or when fundraising and/or grant income falls short. For TPT lovers, arranging a bequest to the trail’s endowment is a way of joining with others of like mind and heart to make the gift that keeps on giving, for good, forever. Once completed, and well deserved, I have no doubt the Tahoe-Pyramid Trail will join the AllTrails list of best trails in the USA.
~ Chris Askin, Chair of the TPT Board