I N L A S T Y E A R ’ S A N N U A L M E S S A G E , we reported on the unprecedented level of anxiety many were feeling in day-to-day life across the region, and its dragging effect on our work. Nowonder,consideringthedailynewsbombardmentaboutdisruptive policiesanddivisivepoliticsinWashingtonandoverseas.For2016–17,we listedseveralissuesplayingoutonthosestagesthatchangedthedirection ofourregionalagenda,andweworriedabouttheabilityofourcommunity philanthropy to protect values and mission in the fray. Inthisreportperiod,eventsbeyondtheregioncontinuetofuelanxiety and uncertainty. There are new pressures on philanthropy: a new tax-cut law adding more complexity to charitable giving, and criticism leveled at some in our field for prioritizing fundraising over local leadership and grant-making responsibilities. In navigating around all the tumult, here is what we have learned in the past year: Our grantees and project partners are powerful sources of community resiliency; our donors give out of abiding faith in the power of community to improve lives; and our Board and staff are committed as muchtospendingleadershipcapitalasinbuildingtheFoundation’swealth. Acrossitsnearly75-yearhistory,theFoundationhassetanimpressive record of asset growth as residents have been attracted to donor-advised fundsfortheirabilitytobeimpactfulthroughtheirpersonalphilanthropy, growtheircharitableaccountsandreceivetaxbenefits.Yet,thecommunity foundation model we adhere to encourages our donors be active and benefit the local community. Last year, 1,027 donor-advised funds accounted for nearly 40 percent of the Foundation’s grantmaking, and the vast majority went to causes in PITTSBURGHHAS ALWAYSBEEN ABOUTBUILDING BRIDGES 1