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Tracy & Ken McCormick Endowment

The Tracy & Ken McCormick Endowment is an unrestricted fund that supports PCF’s local grantmaking and reflects the couple’s deep connection to Pasadena and its community values. With backgrounds in journalism, economics, and banking, Tracy and Ken created the fund as part of their ongoing commitment to the city’s vibrancy, inclusivity, and long-term well-being.

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OVERVIEW

About the Fund

The Tracy & Ken McCormick Endowment is a PCF Endowment Builder fund, which provides unrestricted support for PCF’s local grantmaking programs.

Tracy, raised in Iowa City with a family legacy in banking, studied economics and journalism before earning a master’s from the London School of Economics and joining J.P. Morgan in 1984, where she spent 17 years in Corporate Finance and M&A across major U.S. cities. Ken, originally from Altadena, pursued English History at Harvard and began his career in journalism before transitioning to finance and economics through graduate studies at Stanford. His work as an economist and banker took him from California to London and ultimately to New York City, where he also joined J.P. Morgan.

The couple leveraged their professional skills to establish a real estate company, based in California, more than 20 years ago. They spent several years in New Mexico and Colorado assisting community banks following the 2007 banking crisis.

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Detail shot of an Art Deco-style building showing detailed friezes and brickwork

A Family Focus on Life in Pasadena

Tracy and Ken have four children, three of whom are married, and four grandchildren. Their youngest child graduated from college in 2024. Their children started their lives in Pasadena and still feel attached to it, grateful for their early schooling and shaped and nurtured by Pasadena’s sense of place and inclusion.

Tracy and Ken generously focus their time on the Pasadena area, with deep interest in the arts, education, and livable neighborhoods. After years of service to their children’s schools, they’ve also become very involved with The Huntington Library, the Pasadena Playhouse, and the Playhouse Village business district. “What motivates us both is the intersection of Pasadena’s humanity and its vibrancy. Pasadena has the institutions and attractions of a large city with the look and feel of a small town – individuals still very much matter here and make a difference.”

Tracy joined the PCF Board in 2023 after being introduced to the organization by two good friends. “The more I learned about the organization, the more impressed I became. PCF has an impactful and inspiring mission, outstanding leadership, and sound corporate governance that will allow it to help Pasadena thrive for decades to come.”

Grantmaking Impact

Through this fund, PCF has been able to

  • Provide sustained funding
  • Offer consistent financial support for our local grantmaking programs throughout Greater Pasadena.
  • Enhance community programs
  • Empower organizations to expand their services and reach more individuals in need.
  • Support flexibility
  • Allows PCF to direct resources when and where they are needed most, respond quickly to emerging needs, and fill funding gaps that restricted gifts can’t cover.

Contact Us

For more information about PCF giving opportunities, please contact
Pasadena Community Foundation
301 E. Colorado Blvd., Suite 810
Pasadena, CA., 91101
626.796.2097
pcfstaff@pasadenacf.org

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