Worcester Business Journal

December 9, 2024

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wbjournal.com | December 9, 2024 | Worcester Business Journal 19 Businesses donate regularly to nonprofits Milford Regional Healthcare Foundation raised a record-breaking $1.3 million through its annual Mélange Gala and Live Auction on Nov. 2, the most the event had ever raised in its 20-year history. Supporting major renovation taking place to an eight-bed surgical suite at UMass Memorial Health – Milford Regional Medical Center, the fundraiser was attended by 400 individuals and businesses with four donating $25,000 each and 24 donating $10,000 each. When polled online, the majority of WBJ readers said their businesses donate regularly to nonprofits. Does your business donate to nonprofits? F O C U S Over our history, we have invested $58 million in grants to more than 230 organizations to address community-defined needs. Our unique grantmaking approach fosters long-term sustainability and systems changes to improve the health of those who live or work in the Central Massachusetts region. We thank the many community members, nonprofit organizations, public officials, staff members, and volunteers who have contributed to our success over the past 25 years. If you would like to contribute to our investments in the region in the next 25 years and beyond, please visit thfcm.org/fund or scan the QR code. The Health Foundation of Central Massachusetts is proudly celebrating our 25th anniversary in 2024. Yes, we donate regularly to nonprofits 50% Yes, we donate on a case-by- case basis. 33% 3% No, we don't donate to nonprofits. No, but I donate personally. No, but we encourage employees to donate their time and/or money. 8% 6% the year to something more in kind. ere was a bottom line impact, but in terms of people giving, that did not change. How do you and your team select which initiatives the event is going to raise money for? How do you pick which projects to push to the forefront of your fundraising efforts? We take a really comprehensive approach to making that decision. It involves a number of important people, the operating room in Continued on page 20 Event guests pose with "The Wizard of Oz" characters during the cocktail reception.

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