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56 Giving Guide 2017 Worcester Business Journal www.wbjournal.com Worcester State Foundation Inc. Fundraising Priorities Philanthropic Opportunities Your gifts to Worcester State University make a measureable difference in the lives of our students. Donors support the Worcester State Fund, student scholarships, student and faculty research, athletic programming, capital improvements, equipment purchases, and more. There are many vehicles for giving, and your gift can be tailored to meet your financial and philanthropic objectives. Sponsorships and Gifts-in-Kind Worcester State University has a busy calendar of academic, cultural, community, and sporting events open to the campus community and the public. These include speaker series, lectures, special event programming, athletic activities, Homecoming, the annual Worcester State Foundation Golf Tournament, and many more. Sponsorships, financial contributions, and gifts-in-kind are routinely sought to support these activities. Charitable Contributions The Worcester State Foundation accepts gifts of cash, appreciated securities, gifts from donor-advised funds and family foundations, real estate or tangible property, matching gifts, planned, deferred and combination gifts. The Foundation's annual appeals for the Worcester State Fund are in the fall and spring, and all year long through our student caller phonathon program. Major gift initiatives take place in coordination with the University's strategic plan and initiatives. Lancer Athletics teams fundraise throughout the fall, winter, and spring sports season. Tom McNamara '94 President & Clerk Craig A. Bovaird '77 Chairman MISSION STATEMENT Service area: The Commonwealth of Massachusetts, with extended student enrollment from the Northeast. To promote the growth and progress of Worcester State University beyond what is possible with state funding. Alumni ......................... 54.2% Friends ....................... 36.6% Corporations and Foundations .................. 8.7% Top funding sources: Craig A. Bovaird '77 – Chairman President/CEO, Built-Rite Tool & Die, Inc. and Reliance Engineering Ann L. DeBaisio '79 - Vice Chair Senior Vice President, Commercial Lines Sales Executive, Eastern Insurance James D. Glickman - Vice Chair Principal, Glickman Kovago & Company Mary C. Ritter - Immediate Past President Consultant, Maywood Consulting Edward L. Sherr – Treasurer Senior Vice President, Carl P. Sherr & Co. LLC Thomas M. McNamara '94 - President & Clerk, Vice President of Institutional Advancement, WSU Worcester State Foundation Inc. 486 Chandler Street Worcester, MA 01602 Phone: 508-929-8141 www.worcester.edu/ Worcester-State-Foundation Full-time employees: 0 Annual revenues: $6.05M Year founded: 1994 Board of Directors Excellent colleges and universities flourish when they have the resources to attract motivated students and talented faculty, equip and maintain state-of-the-art facilities, and adapt programs to the changing needs of students and the community. The Worcester State Foundation works to ensure that Worcester State University has the resources it needs to thrive and maintain its reputation for academic excellence—now and into the future. We connect your charitable objectives with the needs and mission of the University. Fundraising priorities continue to be student scholarship support, academic development, capital projects and equipment, and mission support. Under the management of the University Advancement Division, the foundation increases awareness of WSU's excellence, promotes Worcester State's importance and vitality, and raises private gifts to support the university's mission. As an IRS-approved 501(c)(3) tax- exempt charitable organization, the foundation develops, fosters, and cultivates relationships with WSU's external constituencies, including alumni, friends, corporate partners, private foundations, and supporters in the greater Worcester community and beyond. As chairman, I am honored to uphold the mission of the Worcester State Foundation to enrich and empower Worcester State University, its students, and faculty. Through scholarships, research grants, and funds for capital and facilities improvements, the Worcester State Foundation provides opportunities that promote and sustain a strong future for our region. Our students are tomorrow's leaders, employees, entrepreneurs, and productive citizens. They represent the backbone of our community. Their achievements are made possible through the inspiring generosity of our donors. We are grateful for the continued loyalty of our alumni, friends, business supporters, and our WSU families. Together, we help transform lives. – Craig A. Bovaird '77, Chairman