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32 Worcester Business Journal • Giving Guide 2016 www.wbjournal.com Greater Worcester Community Foundation Future Goals 1. The Foundation will engage donors to endow their philanthropy and create a lasting legacy through Named Funds with a current gift or bequest. 2. Our funding and leadership will improve the lives of families, children and adults in our community. Our special focus on children will contribute to their success in school and in life. 3. Discretionary and donor advised grants will continue to build healthy and vibrant communities in arts and culture, health improvement, civic engagement, elder services, housing and the environment. 4. Teen and adult volunteers will participate with us as grant makers and see the community in new ways. 5. Our Nonprofit Support Center will continue to strengthen and better connect the region's nonprofit organizations. 6. Our scholarships will help more than 350 students attend college. 7. Professional Advisors will increase awareness of the benefits of giving through the Community Foundation. Volunteer Opportunities Grounded in the local community, the Foundation engages volunteers in several aspects of our mission. The nominating committee recommends new corporators for election each year including members of business, education, government, and the general community. Once elected, these members help with grant making, investment oversight, scholarship awards, and fundraising for special projects. Area high school students are invited to apply to join Youth for Community Improvement, a special program for sophomores and juniors that engages students in learning about and providing grants to local nonprofit organizations. Professional Advisors such as lawyers, accountants, trust officers, and financial advisors play a special role in understanding the benefits of giving and the unique role of the community foundation in serving the needs of charitable-minded clients. Giving Opportunities Our grant awards are made possible by the generosity of past donors who established permanent charitable funds with us during their lifetimes or by a bequest. With a gift of $10,000 or more, anyone may establish a named fund to create a meaningful and personal legacy. The Foundation allows donors to determine the purpose of the fund. They decide whether a fund is designated for particular charities, a broad area of interest, scholarship or donor advised. Gifts of any size are welcome and may be made to any of our more than 500 endowment funds, to provide grants and scholarships year after year. We especially seek help in these priority areas: Fund for the Arts & Humanities, General Scholarship Fund, Community Impact Fund, Water & Land Stewardship Fund, GLBT Partnership Fund and Youth Opportunity Fund. To discuss your giving options, please call Kelly Stimson at 508-755-0980. Board of Directors Gerald M. Gates Stop Loss Insurance Services Board Chair Ann T. Lisi President & CEO MISSION STATEMENT Service area: Greater Worcester Community Foundation serves the 65 cities and towns in Worcester County. To enhance the community, now and in the future, through philanthropic leadership. Individuals/Bequests .... 58% Nonprofits and Foundations ................. 38% Businesses ..................... 4% Top funding sources: Warner S. Fletcher, Fletcher Tilton, Vice Chair Timothy M. Jarry, College of the Holy Cross, Treasurer Carolyn Stempler, Carolyn & June Designs, Clerk Joycelyn Augustus, Financial Consultant Jennifer Davis Carey, Worcester Education Collaborative Matilde Castiel, City of Worcester Brian M. Chandley, Southbridge Savings Bank, retired J. Christopher Collins, Mirick O'Connell Tracy A. Craig, Mirick O'Connell Jack L. Foley, Clark University Alison C. Kenary, Community Volunteer Patsy C. Lewis, Nonprofit Consultant Linda C. Looft, Worcester Polytechnic Institute Nadia McGourthy, Dresser & McGourthy, LLP Satya B. Mitra, Guru Tax & Financial Services, Inc. Ann K. Molloy, Mountain, Dearborn & Whiting LLP Hilda Ramirez, Latino Education Institute George W. Tetler III, Bowditch & Dewey Matthew Wally, UniBank Charles S. Weiss, College of the Holy Cross, retired Greater Worcester Community Foundation 370 Main Street, Suite 650 Worcester, MA 01608 Phone: 508-755-0980 www.greaterworcester.org Full-time employees: 10 Annual revenues: $6 million Year founded: 1975 As our core mission, and following the wishes of generations of generous donors who entrust their philanthropy to our stewardship, the Greater Worcester Community Foundation brings people and resources together to solve problems. Our special focus on young children living in vulnerable circumstances is one example of the kind of leadership that our community values. – Gerald Gates, Board Chair