 Modeled after a pig (also named Rachel) that lived on Whidbey Island and was the 1985 Island County prize-winner, "Rachel" receives roughly $9,000 annually in just about every type of world currency, which is collected by the Market Foundation to fund the Market's social services.The Smithsonian Institution describes "Rachel" as a "life-size, realistic figure" of a sow piggy bank.The Pike Place Market Foundation calls it the "mascot" of Pike Place Market.