Greater Worcester Community Foundation - pr Discretionary

By: Greater Worcester  11-11-2011
Keywords: Community Foundation

Foundation Awards $1.6 Million in Grants through June 2009

Worcester, MA - Greater Worcester Community Foundation approved more than $1.6 million in grant awards during the first six months of 2009.

Nearly $1 million was distributed through designated and advised funds that allow donors to name the charity that will benefit. Approved grants included $115,000 to United Way of Central Massachusetts to support operations; $49,000 from the Robert W. Booth Fund to the Worcester Art Museum for youth education programs; $24,000 from the Alice A. Sibley Fund for vision care to Great Brook Valley Health Center; and $22,000 from the Chapin Riley Fund to Worcester Academy for scholarship aid. An additional $76,000 was distributed to the newly formed Worcester Tree Initiative from its campaign fund, to replace trees lost to storms and disease.

“Discretionary grants fulfill the foundation’s strategy of uplifting the community. We identify key organizations in Central Massachusetts, understand their impact and challenges, and provide funding where it is needed most,” said Ann T. Lisi, executive director. “We were especially mindful this year to help existing nonprofits fulfill their missions even as they reduce operations, rather than supporting new programs. The Alden Trust allowed us to further our reach this year with money going to child care, shelter, and nutrition programs at Rachel’s Table, Rainbow Child Development Center and Genesis Club."

In 2008, Greater Worcester Community Foundation approved $5.3 million in grants, including $2.4 million from discretionary funds and field of interest funds. The foundation was created in 1975 to build permanent endowments to support the ever-changing needs of the community. It administers 400 named funds valued at $94 million, and offers services to donors and nonprofits.

The information in this article was current at 08 Nov 2011

Keywords: Community Foundation

Other products and services from Greater Worcester

11-11-2011

Greater Worcester Community Foundation - pr Renaissance

The Renaissance Award was established as an endowed prize through a gift by the late John W. Lund to recognize and thank individuals who serve in the community’s nonprofit development, education, cultural and human service organizations. Under his leadership, the Museum has become an important chronicler of “Worcester Firsts” and its publications have engaged diverse segments of the population in documenting their stories.


11-11-2011

Greater Worcester Community Foundation - programdetail

In this session you’ll discover three types of succession planning opportunities: emergency preparedness plans; longer term, strategic investment plans for leader development; and departure defined succession plans. Most boards go through times when they are invigorated and eager to roll up their sleeves, but even the best group can miss the chance to live up to its leadership potential.