Worcester Business Journal

Giving Guide 2024

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38 Giving Guide 2024 Worcester Business Journal www.wbjournal.com FUTURE GOALS As we approach our 50th anniversary in 2025, we seek to strengthen our long-standing programs and launch new initiatives that respond to the needs of the community. Priorities for this year include: 1. Grantmaking: We make approximately $10 million in grants per year, a quarter of which is distributed through our competitive Community Grants program. is supports nonprofits working on our five strategic focus areas: arts & creativity, health & well-being, youth & families, basic needs, and economic opportunity. 2. Nonprofit Support Center: Revitalized this year with new training opportunities, effectiveness grants, and networks to help nonprofits build their capacity and skills. 3. Worcester County Green Fund: A new fund to support the capacity and bandwidth of the 22 community land trusts serving Worcester County. 4. Affordable Housing and Impact Investments: Non-grant strategies to support the critical issue of affordable housing in Worcester County. 5. Worcester County Insights: A new county-wide community indicators resource for nonprofit organizations, policymakers, and others in the region. Hosted in partnership with Worcester Regional Research Bureau. GIVING OPPORTUNITIES We offer a number of giving options for individuals and organizations. Whether a donor wants to give now or give later, be involved in their giving or leave it up to us, we provide the support, expertise, and community knowledge to turn donors' philanthropic goals into meaningful and lasting giving strategies. We require a minimum of $10,000 to establish a fund ($30,000 for scholarship funds). Once a fund is established, individuals and organizations can contribute any amount to that fund. We also hold an annual appeal for our Civic Leadership Fund, an unrestricted fund that helps the Foundation respond to pressing community needs. Anyone can donate any amount to this fund. VOLUNTEER OPPORTUNITIES Participation from the community is a cornerstone of our work and essential to our operations. Over 250 individuals from the business community, educational sector, and local nonprofits serve the Foundation annually as corporators. Corporators are volunteers who act as ambassadors applying their expertise, talent, and knowledge to help the Foundation grow its philanthropic impact across the region. All of our board members are also corporators and can serve up to two four-year terms on the board. We also have community volunteers who serve as members of our staff- led grantmaking and scholarship award committees, helping to review applications and advise on the selection process. Greater Worcester Community Foundation Peter Dunn President & CEO Thomas J. Bartholomew Bartholomew & Company, Inc, Board Chair Satya Mitra, Guru Tax & Financial Services, Chair-Elect Maria Heskes-Allard, Fidelity Bank, Treasurer Joycelyn Augustus, Financial Consultant, Clerk Ché Anderson, UMass Chan Medical School, At-Large Michael P. Angelini, Bowditch & Dewey, At-Large Warner Fletcher, emeritus BOARD MEMBERS Kola Akindele, Worcester Polytechnic Institute Linda Cammuso, Estate Preservation Law Offices Marybeth Campbell, Worcester Community Action Council Christine Cassidy, Fallon Health Germán Chiriboga, UMass Chan Medical School Dennis Kerrigan, Hanover Insurance Group Christopher McCarthy, Fidelity Bank Lisa Hill McDonough, Community Volunteer Kimberly Salmon, Hanover Insurance Group Naomi Sleeper, Imperial Distribution Eric Torkornoo, Fidelity Bank Ann Tripp, Retired Ronald Waddell, Legendary Legacies Valerie Zolezzi-Wyndham, Promoting Good "e community foundation is a trusted anchor institution in Worcester County. Its deep-rooted commitment to enhancing our community is evident through its steadfast support for the region's nonprofit sector and its crucial investments in all aspects of community life. e Foundation is also an incredibly knowledgeable resource for anyone looking to give back to the community they love. As a local business owner, I am proud to be a part of advancing the community foundation's mission to create a greater Worcester County and invite others to join us." – Thomas J. Bartholomew, Board Chair One Mercantile Street, Suite 010 Worcester, MA 01608 Phone: (508) 755-0980 greaterworcester.org Full-time Employees: 13 Annual Revenues: $11 million (gifts and donations) Year Founded: 1975 MISSION STATEMENT To enhance our community, now and in the future, through philanthropic leadership. SERVICE AREA The Foundation serves the 60 cities and towns in Worcester County. TOP FUNDING SOURCES Individuals Private & Nonprofit Foundations Business and Government Nonprofit Endowment Funds

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