Creating Opportunity for All

Greater Worcester Community Foundation 2016 ANNUAL REPORT Table of Contents

2016 Highlights...... 2

Creating Opportunities for All Investing in the Youngest Among Us...... 4 Building a Learning Readiness Pipeline...... 6 Developing Life-Changing Opportunities...... 8

Grant Highlights...... 12

Named Funds...... 16 Discretionary and Field of Interest Funds...... 16 Donor Advised Funds...... 18 Scholarship Funds...... 20 On the cover: At Webster Square Day Care Center, a Designated Funds...... 22 Foundation-funded program engages teachers Agency Funds...... 24 in best practices that enrich child development. The Foundation’s Early Childhood Initiative is The Acorn Society: Creating Your Legacy...... 26 working with the entire community to improve a child’s earliest years. The benefits will be both Contributors...... 28 immediate and far-reaching, as today’s toddlers grow into productive adults. Financial Stewardship...... 29 Foundation grants invest in evidence-based programs that support healthy development Corporators...... 30 from prenatal care through a child’s first school years. The Foundation is also building a network Board of Directors...... 31 of collaboration to conduct public education and Your Invitation to Make a Difference...... 32 advocacy—laying the groundwork for policies that bring quality pre-K education within the Staff...... inside back cover reach of all families.

2

C2 Letter to Our Community At a Glance (as of 12/31/2016)

SINCE OUR START IN 1975, Greater Worcester GIFTS Community Foundation has drawn people who believe they can do more for our community, on a far larger Gifts received $5.7 scale, by working together. MILLION Our shared resources include an endowment more than $3.9 million for existing funds $139 million, the source of more than $6.6 million in annual $1.8 million for creating new funds grants that increase opportunities for all in our region to obtain the fundamentals of a productive life—economic 1069 gifts security, housing, health care and a sound education. 917 donors With its staying power, track record of leadership, strong 12 new funds relationships across sectors, and deep knowledge of the 569 funds in total region’s needs and nonprofits, your Foundation is a force multiplier for donors and nonprofits alike. Donors see that their philanthropy reaches further through the Foundation’s expert endowment management, GRANTS & vigilant stewardship, and responsive grantmaking. Nonprofits regard Foundation grants as a source of pride SCHOLARSHIPS as well as funds, and value its Nonprofit Support Center for training that increases their effectiveness. Grants and Your Foundation’s resources also include knowledgeable volunteers from all sectors of the community. scholarships $6.6 Their careful evaluations of grant applications and site visits with grantees deepen our relationships with approved MILLION nonprofits. And our all-volunteer board sets the direction of the Foundation and oversees its operations and governance. 519 grantee organizations In 2016, the Foundation board moved forward with its strategy to help the youngest among us. The 391 scholarship recipients Foundation’s Early Childhood Initiative will engage the entire community in providing a stronger start received a total of $610,251 for our children during their formative first years, which set the path for success in school and life. Thank you for joining us in creating a community that offers opportunity to all. ASSETS

Total assets $139.2 Ann T. Lisi Gerald M. Gates President and CEO Chair MILLION Investment returns 5.3% 2016 Highlights

THE EARLY CHILDHOOD INITIATIVE  The Foundation and United Way of Central of the Foundation gained momentum with grants, Massachusetts co-convened a Summer Learning partnerships and public policy advocacy. Its goal is to Leadership Group that includes Edward Street develop resources and practices region-wide that give Child Services, Family Services of Central our children a stronger start during their formative Massachusetts, Recreation Worcester, the first years. Worcester Education Collaborative, and  The Board established an Early Childhood the Worcester Public Schools. Committee to lead public outreach and advocacy THE FOUNDATION ENDOWMENT  Grants totaling $552,500 invested in evidence- portfolio increased by 5.3% and now exceeds based programs that foster early learning and $139 million. Discretionary and field-of-interest development funds totaling $62.9 million provided community

GERALD M. GATES (pictured with his wife, Attorney Patricia Finnegan Gates) became chair of the Foundation Board in May, succeeding Lee Gaudette.

A SCHOLARSHIP RECEPTION held in June drew more than 200 awardees and donors, including Johnathan Ruggiero, recipient of the Steve Drawbridge Memorial Scholarship, his father Joseph (left) and donor Jim Drawbridge.

2 grants of more than $2.4 million targeting five strategic priorities: early childhood development; youth development and education; economic security; healthy communities; and the arts, environment, and civic engagement.

THE 12TH ANNUAL RENAISSANCE AWARD of the Foundation, an award established by founding donor Jack Lund (1920-2010) to honor exemplary nonprofit leaders, was presented to Alex Zequeira, then president of Nativity School of Worcester.

THE PROFESSIONAL ADVISORS NETWORK is a group of financial professionals who partner with the Foundation to customize charitable planning for clients and share expertise. Their peer forums included a joint seminar with the Estate and Business Planning Council of Worcester YOUTH FOR COMMUNITY County on the 2014 U.S. Trust Study of High Net IMPROVEMENT (YCI), now in its Worth Philanthropy. THE NONPROFIT SUPPORT CENTER 17th year, engaged 15 students from 12 high produced a series of 12 well attended and highly schools in grantmaking. The YCI team awarded 10 LEADERSHIP WORCESTER, a joint program rated seminars on fundraising, strategic financial grants totaling $22,200 to programs offering after- with Worcester Regional Chamber of Commerce to management, board and leadership development, school arts activities, improving neighborhoods, and develop new civic leaders, enrolled its second annual human resource management, and crisis increasing access to fresh produce. They also held a cohort in September. This group of 27 outstanding communications. reception for grantees, took part in the NE Regional professionals will hone leadership skills while Youth Philanthropists Conference, and conducted a workshop at the GradNation Boston Summit. examining such issues as economic development, education, public health, culture, and public safety.

3 Early Childhood Initiative: Investing in the youngest among us

THE FOUNDATION STRIVES TO BUILD a outreach and advocacy. Enlisting support across community in which all can thrive, particularly sectors, members of the Early Childhood Committee the youngest among us. Yet in Worcester, many have begun meeting with public officials. children are unprepared to learn when they enter “Closing this readiness gap, which kindergarten. By grade three, just 38 percent of disproportionately affects low-income children, is Worcester children read at grade level. the wisest investment we can make, with the biggest Through its Early Childhood Initiative, the return,” says City Manager Edward M. Augustus, Jr., Foundation is devoting significant resources to who has turned Recreation Worcester into a year- create conditions that prepare our youngest children round learning and recreation resource serving 1,600 to succeed in school and life—including universal children. access to quality early education. Time and money invested in early learning will Senator Michael O. Moore, who represents the Recognizing that a child’s first years set the stage reap enormous rewards down the road.” Second Worcester District in the Massachusetts State for life, the Foundation and its partners are working The Foundation is directing grants into evidence- Senate, says, “We need universal access to quality to build a learning readiness pipeline that extends based programs that: pre-K education, with a dedicated funding source that from prenatal care through grade three.  Increase the availability of quality pre-K extends to private providers. Public schools don’t have In 2016, the Foundation board formed a education the capacity to do this on their own. committee to lead its Early Childhood Initiative. “The first step is public awareness. Voters need to  Stem summer learning loss of children in first “Too many children start kindergarten lacking see that quality pre-K education is an urgent and cost- through third grades the skills to succeed,” says its chair, Jack Foley, vice effective investment. I look forward to working with president, Government and Community Affairs,  Support parents in nurturing their children’s the Foundation and its partners to make quality early Clark University. “Working with our partners, we development education available to all of our children.” will invest in effective models to develop these skills While making grants, the Foundation is expanding the Early Childhood Initiative with community-wide and drive public policies to fund their delivery. “Too many children start kindergarten lacking the skills to succeed,” says Jack Foley, chair of the Foundation’s Early Childhood Committee. “Investing in early learning will reap enormous rewards down the road.”

4

Early Childhood Initiative: Building a learning readiness pipeline

TEACHERS BECOME by the Foundation and the Currently handling half of the court’s 700 LEARNERS TOO at five United Way. child welfare cases, CASA has launched a growth early education centers “Kids read more,” says plan. “We want to serve every child,” says Robb. in Worcester taking part Anne Vinick, coordinator, “Foundation support has been critical, both its in an innovative pre-K “and gain confidence.” This consistent funding and Nonprofit Support Center, professional development summer, with another which helps us develop our staff.” program. Collaborating Foundation grant, a new with a master teacher, Reading Bug program they adopt evidence-based best practices to assess will prepare preschoolers and their parents for DONOR DR. PETER METZ ON CASA: and enhance their teaching strategies, from lesson kindergarten with sessions on such topics as “CASA serves our most vulnerable children. plans to interactions with children and each other. nutrition, health, and child advocacy. They are pulled from home at a time “We’ve learned how much a child develops by when secure attachment is essential for age five,” says Eve Gilmore, executive director of First comes family life their development. The Foundation’s focus Edward Street Child Services, which designed Learning begins at home. But what if a home is on early childhood couldn’t be a more the program, funded by Foundation grants. “A unsafe? In Worcester, where infant mortality important priority. The years between birth child needs a strong start. By elevating childhood is almost double the state average, the Court and age five make a huge impact on the learning into a community-wide commitment, the Appointed Special Advocates (CASA) capacity of children to grow into productive Foundation’s Early Childhood Initiative will benefit Project of Worcester County serves children adults and become effective parents Worcester children now and for generations to come.” removed from homes investigated for abuse or themselves.”

neglect. Dr. Metz and his wife, Phyllis Pollack, MD, a pediatric Summer learning close to home “Our volunteer advocates stand by children in cardiologist, support CASA through their donor advised fund. Plumley Village, an affordable housing community, the worst moment of their lives,” says Executive is a hub of summer learning for its youngest Director Robb Zarges, PhD. “We strive to minimize residents. Its Catch the Reading Bug program is protective placements and obtain a permanent, Learning is integral to a child’s day at five pre-K centers a site of the Summer Literacy Initiative, co-funded safe and loving home for the child.” where teachers take part in an innovative program and adopt best practices that enrich child development.

6

Community Grants: Developing life-changing opportunities

DRAWING FROM Director Kevin Bradley. Dismas House began its Prisoner Reentry FUNDS CREATED BY “Here, they join a Program in 1988 with Foundation support. DONORS to provide supportive community and “Ex-prisoners’ needs cross silos,” says David discretionary and field develop the confidence and McMahon, founding director. “We fashioned our of interest grants, the skills to attain education, own toolkit to succeed, with housing, health care Foundation annually employment and wellness.” and jobs.” makes community grants Foundation grants back The Dismas community includes a farm where in excess of $2.4 million. Genesis programs, which residents run a thriving produce operation and sell The Foundation’s all-volunteer Community include occupational and school readiness and youth excess energy from its solar panels. Grants Committee convenes to review applications development. In 2016, 155 Genesis members gained “The Dismas model works,” says David. “In and recommend grantees. “Our streamlined process employment and 56 enrolled in post-secondary contrast to the state recidivism rate of 60 percent, gives us more time to research mission-driven education. more than 60 percent of our clients stay out of jail.” initiatives, align grants with strategic initiatives, and Abby’s House opened in 1976 as a nine-bed deepen relationships with grantees,” says its chair, shelter, one of the first in the country dedicated to Brian Chandley, a Foundation board member. “As a women. Celebrating its 40th anniversary last year, DONOR LISA KIRBY GIBBS ON DISMAS HOUSE: result, we can make larger and longer-term funding Abby’s House has added permanent housing—70 “A decade ago, the Foundation introduced commitments.” single rooms and seven two-bedroom apartments me to Dismas House. I met with Dave Community grants invest in proven and for guests with children. An advocate helps each and some residents and saw their promising models that create opportunities for all. woman access the services she needs to get her initiative, know-how and hard work. Genesis Club is a leading program of life back. I enjoy contributing to their success.”

Clubhouse International, which pioneered an Executive Director Stephanie L. Page says, “The Worcester resident Lisa Kirby Gibbs invests in evidence-based model that helps people with Foundation and the entire community have helped Dismas House through her donor advised fund mental illness lead full lives. “Our members are us grow and meet the increasingly complex needs eager to contribute,” says Genesis Club Executive of homeless and abused women.”

8 At Dismas House, a community that includes a thriving farm, ex-prisoners gain the skills, support and work experience to build new lives. Community grants also executive director. The Collegiate Success Institute invest in strengthening These memorable Worcester, a program of Massachusetts Education our shared assets—from encounters include & Career Opportunities (MassEdCO), matches city cultural institutions to residencies that pair high schools with corporate and collegiate partners. natural resources—and renowned artists with During both junior and senior years, students join making this civic capital high school ensembles, mentors for a six-week after-school program on their available to all. and visits by guest partner’s campus. Trained by MassEdCO, corporate The Greater musicians who conduct and collegiate volunteers conduct workshops that Worcester Land master classes and span both college and career readiness. “Students and Trust has preserved introduce their instruments mentors form strong bonds,” says Pamela Boisvert, 2,500 acres of undeveloped to elementary school CEO of MassEdCO. “Almost all students go on to land. Foundation grants children. college.” enable its two-person staff to enlist volunteers of Many Worcester students are the first in their The Minority Achievers Program (MAP) all ages and create footpaths that connect this families to pursue higher education. Community of the YMCA of Central Massachusetts enables acreage with neighboring wildlife habitats. grants invest in outstanding programs that guide students to prepare for post-secondary education “City dwellers need a common backyard,” says aspiring students into college, including Let’s Get in the same welcoming place many have enjoyed Executive Director Colin M.J. Novick. “Our trails Ready; Dynamy Academy; and the College Success since childhood. Teens hone academic skills, tour link the city with a four-town wildlife corridor. By Program at Clark University’s Adam Institute. colleges, explore careers, and engage in community intertwining the lives of humans and wildlife, we Bottom Line extends its model to include service projects. benefit both.” employment. “We support students until they “MAP inspires students to become leaders,” says In Harmony: Music Worcester Comes to graduate prepared for a career,” says Justin President and CEO Kathryn Hunter. “They enroll Worcester is an initiative of Music Worcester that Strasburger, executive director. “Many return and in college or enlist in the military. Years later, many enables students in the Worcester Public Schools join the local work force. return to the Y as members, mentors and volunteers.” to learn from main-stage performers. “Foundation “The Foundation has been key to our growth, grants have helped us envision and grow our both its grants and Nonprofit Support Center, which Bottom Line’s mentoring-intensive model guides outreach,” says Adrien Finlay, Music Worcester trains us in capacity building.” low-income students, many the first in their families to pursue higher education, from applying to college through graduating prepared for a career.

10

Grant Highlights

2016 Grants by Fund Type COMMUNITY GRANTS support nonprofit Mount Grace Land Conservation Trust, Community (in millions) organizations that build healthy and vibrant Stewardship $6,500 Donor Advised communities in Central Massachusetts. Areas Music Worcester, In Harmony: Music Worcester Comes to Worcester $10,000 $1.81 of interest are: Arts, Civic Engagement, and Old Sturbridge Village, Educational Outreach to Designated Environment, Early Childhood, Economic Security, $0.89 Southbridge Schools $5,000 Healthy Communities, and Youth Development and Discretionary and Opera New England of Northeastern CT, Opera and Field of Interest Education. Community Grants are made possible by Symphony Programs for Southbridge Schools $3,500 $2.44 the generosity of donors who have set up endowment Pakachoag Music School of Greater Worcester, Agency funds with us for this purpose. Financial Aid $4,000 $0.87 Preservation Worcester, Operating Support $9,000 Scholarship $0.61 WCUW Community Radio, Giving Voice to All of ARTS, CIVIC ENGAGEMENT, AND Worcester’s Communities $10,000 Worcester Center for Crafts, Youth Craft + Creativity 2016 Discretionary and ENVIRONMENT: STRENGTHENING Field of Interest Grants CIVIC LIFE, ENVIRONMENTAL HEALTH, Program $10,000 by Category AND CREATIVE ARTS ENGAGEMENT. Worcester Center for the Performing Arts, (Total = $2.4 Million) Adopt-a-School Worcester Partnership $5,000 ART in the PARK, Worcester, Summer Art in Elm Worcester Chamber Music Society, Community Arts, Civic Park $10,000 Outreach $10,000 Engagement and ArtsWorcester, Aurora Gallery $10,000 Environment Worcester Cultural Coalition, Building Creative $206,000 Canal District Alliance, Blackstone Canal Horse and Community in Worcester $17,500 Wagon Tours $2,000 Early Childhood Worcester Interfaith, Worcester Clemente Course $552,500 Community Harvest Project, Volunteer Farming $10,000 Economic $15,000 Security Worcester Regional Research Bureau, Operating Discovery Museums, Discovery Science: Worcester Support $6,000 $322,500 $5,000 Healthy Worcester Youth Orchestras, Financial Aid $5,000 Communities EcoTarium, Family Access Program $10,000 $704,717 Fitchburg Art Museum, Latino Community Access Youth Project $7,500 Development Greater Worcester Land Trust, Increasing Public and Education Engagement with Forest, Trails, and Water $7,000 $657,500 Joy of Music Program, Financial Aid $10,000 Massachusetts Audubon Society, Nature Education and Recreation Programs for Worcester Youth $18,000

12 EARLY CHILDHOOD: BUILDING A Kennedy Donovan Center, Fostering Early Connections American Red Cross, Disaster Relief & Recovery SOLID FOUNDATION FOR A HEALTHY AND $12,000 $9,000 PRODUCTIVE LIFE DURING A CHILD’S Latino Education Institute, Family Engagement Ascentria Care Alliance, Immigration & Legal FIRST EIGHT YEARS. Initiative $25,000 Assistance $25,000 Apple Tree Arts, Head Start Preschool Music Outreach Literacy Volunteers of Greater Worcester, English Catholic Charities of the Diocese of Worcester, $15,000 Language Literacy for Immigrant Mothers $5,000 Citizenship for Families $12,000 Bancroft School, Worcester Partnership with Elm Park Our Father’s House, Health & Wellness for Homeless Central Massachusetts Housing Alliance, Public Community School $60,000 Children $15,000 Education & Advocacy $12,000 Community Legal Aid, Immigrant Victims Legal CASA Project, Child Court Advocacy $25,000 Pernet Family Health Service, Services for Young Parents $20,000 Advocacy Project $15,000 Children’s Friend, Early Learning Center $15,000 Rainbow Child Development Center, Early Childhood Friendly House, Frances Perkins Transitional Housing Community Builders at Plumley Village, Catch the Center $15,000 $21,000 Reading Bug Summer Program $25,000 United Way of Central Massachusetts, Summer Friends of the Shrewsbury Public Library, English Community Healthlink, Together For Kids $12,000 Learning Collaborative $60,000 Conversation Circle $5,000 Economic Empowerment Trust Fund, $eedMA Worcester Community Action Council, Adult Basic Habitat for Humanity-MetroWest/Greater Worcester, Worcester $15,000 Education for Head Start Parents $25,000 New Home Build in Worcester $7,500 EcoTarium, Countdown to Kindergarten $7,500 Worcester Comprehensive Education & Care, Teen Interfaith Hospitality Network of Greater Worcester, Parent Support $7,500 Transitional Shelter Operations $10,000 Edward Street Child Services, Early Childhood Matters Initiative $20,000 Worcester Jewish Community Center, Scholarships for Literacy Volunteers of Greater Worcester, Support for Aftershool and Summer Childcare Programs $15,000 Adult Immigrant & Refugee Job Seekers $20,000 Edward Street Child Services, Master Teacher Consultation Program $55,000 YMCA of Central Massachusetts, Central Community Literacy Volunteers of the Tri-Community, Literacy Branch Preschool $6,000 Volunteers of South Central Massachusetts $7,500 Elm Park Center for Early Childhood Education, Matthew 25, Housing Maintenance $10,000 Program Expansion $15,000 YWCA of Central Massachusetts, Child Care Partnership Pilot $10,000 Montachusett Interfaith Hospitality Network, Family Family Health Center of Worcester, Baby Cafe $15,000 Pathways Project $15,000 Family Health Center of Worcester, Centering ECONOMIC SECURITY: SUPPORTING NewVue Communities, Neighborhood Initiative Pregnancy Program $10,000 FAMILIES AND INDIVIDUALS IN ATTAINING $20,000 Guild of St. Agnes of Worcester, Teacher Education HOUSING, EDUCATION, JOB SKILLS, AND Notre Dame Health Care, Educational Bridge Center $10,000 EMPLOYMENT OPPORTUNITIES. $5,000 HOPE Coalition, Early Intervention Project $22,000 Abby’s House, Shelter, Housing & Advocacy Operations Oak Hill Community Development Corporation, Horizons for Homeless Children, Central Region $18,000 Community Development & Economic Security $10,000 Playspace $8,000 African Community Education Program, Family Jewish Family & Children’s Service, School Outreach & Education $21,000 South Middlesex Opportunity Council, Greater Consultation Program $7,500 Worcester Housing Connection $15,000

13 Grant Highlights continued

Southeast Asian Coalition of Central Massachusetts, Community Servings, Nutrition Program for Critically Regional Environmental Council, Operating Support Building Vibrant Communities $25,000 Ill People $9,000 $22,000 Spanish American Center, Nos Estamos Ayudando / Dismas House of Massachusetts, Prisoner Reentry Reliant Medical Group Foundation, Transportation Helping Ourselves $6,000 Program $15,000 Assistance $5,000 United Neighbors of Fitchburg, Empowerment Through Elder Services of Worcester Area, Nutrition Program Southeast Asian Coalition of Central Massachusetts, Education $6,000 $7,500 Healthcare Access Refugees, Immigrants and Worcester Anti-Foreclosure Team, Operating Support Family Continuity, Recovery-to-Work Program Low-income Residents $15,000 $7,500 $10,000 Spectrum Health Systems, Recovery Support Program Worcester Common Ground, Operating Support Family Health Center of Worcester, Dental Care for $15,000 $10,000 Low-income Adults & Children $25,000 Tri-Valley, Nutrition Programs for Seniors $10,000 Worcester Community Housing Resources, Affordable Family Health Center of Worcester, Healthcare for University of Massachusetts Medical School, Pediatric Housing Services in Worcester County $10,000 Homeless Families $30,000 Medical Training for Neurodevelopmental Disorders Genesis Club, Educational Supports and Young Adults $60,000 HEALTHY COMMUNITIES: ADVANCING $20,000 Veterans, Inc., Independence Hall Treatment Center COMMUNITY HEALTH IMPROVEMENT, Growing Places Garden Project, Operating Support $12,500 INCLUDING EQUAL ACCESS TO HEALTH $4,000 Veterans, Inc., Post 9/11 Peer Specialist Outreach CARE. Jeremiah’s Hospice, Nutrition Center $7,500 $18,500 Advocacy for Refugee & Immigrant Services for MCPHS University, Dental Hygiene Community Worcester State Foundation, Fairlawn Nurse Scholars Empowerment, Suicide Prevention in Worcester’s Ambassador Program $10,000 $7,500 Bhutanese Community $5,000 NEADS (National Education for Assistance Dogs Worcester State Foundation, STEM Center’s Workforce Alzheimer’s Association, Expansion of Alzheimer’s Care Services), Service Dog Training $9,500 Preparation Support $70,527 & Support Services $5,000 New Hope, MJ Ledenham Center for Family YWCA of Central Massachusetts, Domestic Violence Anna Maria College, Fairlawn Nurse Scholars $7,500 Intervention $10,000 Services $20,000 Audio Journal, Operating Support $5,000 North Quabbin Citizen Advocacy, Operating Support $7,000 YOUTH DEVELOPMENT AND Becker College, Fairlawn Nurse Scholars $7,500 EDUCATION : HELPING YOUNG PEOPLE Bridge of Central Massachusetts, Recovery Treatment Pathways for Change, Medical Accompaniment $7,000 OVERCOME BARRIERS TO SUCCESS IN $8,000 Pathways for Change, Sexual Assault Prevention & EDUCATION, WORK, AND LIFE. Center for Health Impact, Community Health Workers Survivor Services $10,000 $100,000 Planned Parenthood League of Central Massachusetts, African Community Education Program, Youth Academic & Support $24,000 City of Worcester Division of Public Health, Academic Get Real Teen Council $9,000 Health Collaborative Planning $88,190 Quinsigamond Community College Foundation, Angels-Net Foundation, S.C.O.R.E. Summer Program $5,000 Community Health Connections, Pediatric Healthcare Fairlawn Nurse Scholars $7,500 Screenings $12,500 Rachel’s Table, Program Support $12,000 Appalachian Mountain Club, Youth Opportunities Worcester Summit Site $5,000

14 Auburn Youth and Family Services, Operating Support Girls Inc. of Worcester, Promoting Healthy Lifestyles Straight Ahead Ministries, Youth Re-entry & $10,000 $6,500 Straight2Work Program $15,000 Barton Center for Diabetes Education, Camperships HOPE Coalition, Peer Leadership $13,000 UMass Memorial Foundation, Youth Violence $5,000 Horace Mann Educational Associates, Students for Prevention $10,000 Best Buddies Massachusetts, School Friendship Higher: Rising Up for Autism $8,000 Valley Residents for Improvement, Lakeside Summer Programs in Worcester County $4,000 House of Peace and Education, HOPE Summer Camp Camp $36,000 Big Brothers/Big Sisters of Central Mass/Metrowest, $10,000 Whitin Memorial Community Association, Youth Worcester County Mentoring $20,000 Latino Education Institute, ENLACE – Encouraging Outreach $10,000 Blackstone Valley Boys & Girls Club, Summer Latinos to Achieve Excellence $12,000 Worcester Community Action Council, YouthWorks Camperships $7,500 Let’s Get Ready, Worcester College Access Program Year-Round & Summer Jobs $20,000 Bottom Line, Worcester Access Programs $10,000 $10,000 Worcester Education Collaborative, Operating Support Boys & Girls Club of Webster-Dudley, Junior Staff LUK Crisis Center, Mentoring Program $5,000 $12,500 Development $14,000 Massachusetts Education and Career Opportunities, Worcester Interfaith, Summer Jobs for Youth $15,000 Boys & Girls Club of Worcester, Operating Support Collegiate Success Institute $10,000 Worcester Public Library Foundation, Summer Reading $25,000 Montachusett Opportunity Council, Homework Help $5,000 Boys & Girls Club of Worcester, Summer Programs Center at Green Acres $8,000 Worcester Youth Center, Operating Support $15,000 $5,000 Nativity School of Worcester, Graduate Support $7,500 Worcester Youth Center, Violence Prevention Outreach Bridge of Central Massachusetts, Safe Homes Operating North Brookfield Youth Center, Youth Programs Project $20,000 Support $18,000 $10,000 YMCA of Central Massachusetts, Minority Achievers Camp Putnam, Camperships for Worcester Children Pernet Family Health Service, Summer Book Club $10,000 $20,000 $5,000 YMCA of Central Massachusetts, Summer PLAY Center for Nonviolent Solutions, Peer Mediation & Pernet Family Health Service, Youth Programs $7,500 $22,000 Peacebuilding Program $5,000 Quinsigamond Community College Foundation, Y.O.U. Inc., Pregnant and Parenting Teen Program Clark University, Main South College Success Program Brothers & Keepers Summer Bridge Academy $5,000 $18,000 $10,000 Quinsigamond Community College Foundation, Y.O.U. Inc., YouthConnect Summer $15,000 Dynamy, Youth Academy $10,000 Women in Technology $15,000 Youth Connect, Summer Programs $18,000 Family Health Center of Worcester, Positive Directions Regatta Point Community Sailing, Youth Scholarships YWCA of Central Massachusetts, Girls CHOICE Summer Program $7,500 $7,000 $10,000 Friendly House, Summer Gym & Swim $8,000 Rise Above Foundation, Activities for Foster Youth Girl Scouts of Central and Western Massachusetts, $5,000 It’s A Girl’s World $7,500 South High Community School, Youth Leadership Girls Inc. of Worcester, Eureka! Program Support through Philanthropy $12,000 $6,500 StandUp for Kids Worcester, Operating Support Girls Inc. of Worcester, Operating Support $17,500 $5,000

15 FOR MORE THAN 40 YEARS, individuals, families, Lorraine Crepeau Fund (2006) Named Funds and organizations have relied on the Foundation to Robert and Mary S. Cushman Fund (1978) manage their charitable giving through named funds. Richard C. Daniels Fund (2001) Each fund is defined by the donor in consultation Anna S. and Warren G. Davis Fund (1998) Jean B. and Gilbert S. Davis Fund (1994) with the Foundation at the time the fund is created. Rosemary Davis Environmental Preservation Fund Below is a listing of the Named Funds of the (2001) Foundation, followed by the year created. Sarah B. and Dix F. Davis Fund (2002) Frances S. and Francis H. Dewey III Fund (2010) Directors and Corporators Community Impact Fund DISCRETIONARY & FIELD OF (2007) INTEREST FUNDS ALLOW THE FOUNDATION Eliza D. and Cora J. D. Dodge Fund (1985) TO MAKE GRANTS IN RESPONSE TO PRESSING Ruth H. and Warren A. Ellsworth Fund (1983) COMMUNITY NEEDS. EMC Community Fund (2000) Ruth and John Adam Fund (2000) Fairlawn Foundation Fund (1991) Andrew N. Ahlfors and Helmi E. Ahlfors Fund (2002) Fallon/OrNda Community Health Fund (1996) George I. Alden Education Fund (2010) Charles H. Farnum Fund (2003) Lois Anne Memorial Fund (1993) Marion Stoddard Fletcher Fund (1992) Isabel K. Arms Fund (2015) Founders Fund (1983) Fund for the Arts and Humanities (1993) Samuel Frank Charitable Fund (1993) Market Value by Fund Type Nils Bjork Memorial Fund (1992) Esther and Howard G. Freeman Fund (1984) (in millions) Robert W. Booth Fund in Memory of George F. Booth Garfield Berry Fund (1998) (1988) Ragnhild L. Gersdorf Fund (1994) Donor Advised Olive I. and Anthony A. Borgatti Jr. Fund (1987) GLBT Endowment Fund (2010) $20.50 Robert S. and Helen A. Bowditch Fund (1990) Haskell and Ina Gordon Fund (1980) Designated Margaret A. and Ralph H. Gowetz Fund (1990) $23.70 Douglas P. Butler Fund (1998) Greater Worcester Jaycees Fund (1997) Discretionary and Cancer Care and Research Fund (1991) Field of Interest William R. and Janet A. Carrick Discretionary Nathan and Barbara Greenberg Fund (1982) $62.90 Fund (2016) NEW Margery M. and O. Vincent Gustafson Fund (1980) Agency Central Massachusetts Health Standards Fund (1990) Raymond P. Harold Discretionary Fund (1982) $18.08 Child Wellness Fund (2001) Francis A. and Jacquelyn H. Harrington Human Scholarship Children’s Christmas Fund (1991) Services Fund (1992) $13.22 Elva E. and John J. Chisholm Fund (1989) Rosemary Marble Harris Fund (2001) Barbara E. and William E. Christensen Fund (1998) Orville Harrold Fund (2006) Community Ministries Fund (2006) Bradley C. Higgins Fund (1982) Community Response Fund (2010) Harriet Miller Hight Education Fund with the Dr. Harold M. Constantian Fund (1997) Association of Colored Peoples (1982) Fairman C. Cowan Fund (1995)

16 Dr. Leon, Arax and Sona Husisian Fund (2016) NEW William R. and Janet A. Carrick Dr. Leon, Arax and Robert M. and Carolyn G. Hyde Fund (1998) Discretionary Fund Sona Husisian Fund Jeppson Memorial Community Fund (1976) Jiji’s Fund (1999) Bill and Janet Carrick Born in New York City, Albert R. and Carolyn Jones Fund (1995) brought joy and verve Sona Husisian (1924 – John F. and Rayna Keenan Fund (1994) to all their endeavors, 2016) made Worcester her Bradford J. Kemp Fund (2008) including their 57 Marian B. Kubelus and Marian Zell Nesbit Memorial home after graduating from Fund (1984) years of marriage. Boston University. Sona Raised within five Max H. Kuhner and Eloise A. Kuhner Fund (2005) worked for 45 years as a miles of each other, Lund Pioneer Fund (2010) trust executive assistant they met while at Main South Fund (1999) at the former Mechanics Frances F. Mansfield Discretionary Fund (1996) college. Bill, Yale ’49, spent his boyhood in East Bank and at the same Barbara S. Massey Fund (2000) Douglas. Janet, Connecticut College ’48, was time cultivated a rich life Micah Housing Corporation Fund (1981) raised in Whitinsville, where Bill’s grandfather as an active participant Mini-Grants Fund (2002) was postmaster. in Worcester’s cultural and philanthropic James J. and Patricia A. Moynihan Fund (2003) Licensed pilots, the couple enjoyed criss- Marc Needleman Memorial Fund (2000) institutions. crossing North America in their Cessna 182 Organization Assistance Fund (1996) A devoted supporter of the YWCA, the Skylane. Bill worked in his father’s business, the Partnership Fund (1990) United Way, and Holy Trinity Armenian Carrick Agency in Worcester, while launching Marlene and David Persky Fund (1997) Apostolic Church, Sona was also a beloved, a company that Janet successfully ran for him. Ann J. and Richard Prouty Fund (1988) long-serving volunteer at Mechanics Hall and an Providence & Worcester Railroad Company Fund They also spent years in Chicago and London enthusiastic member of Music Worcester, Tower (1991) and in 1992, retired in Holden. They vigorously Quota International of Worcester Fund (1998) supported Worcester’s cultural institutions and Hill Botanical Gardens, the Worcester Historical Melvin and Martha Rosenblatt Fund (1985) volunteered in programs serving children and Museum and the Worcester Art Museum. Saint Vincent Healthcare Fund (1999) elders. With foresight, two decades ago, Sona joined Carol L. Seager Fund (2014) Bill served on the Foundation’s Investment the Foundation’s Acorn Society and created a Seven Hills Youth Fund (1995) Committee and with Janet created a donor bequest that, upon her death, would continue Norman L. and Dorothy A. Sharfman Fund (2004) supporting her cherished community and its Sumner Lee Sharfman Fund (1984) advised fund. Bill also served on the Carrick cultural resources in perpetuity. Sona’s bequest Shepherd Knapp School Fund (1979) Foundation Scholarship Fund for college-bound establishes this field of interest fund dedicated to Alice C.A. Sibley Fund (2004) students from Douglas and nearby towns. Evelyn and Sumner Silver Fund (2007) Although Janet died in 2006 and Bill passed the arts, humanities and sciences and honors her H. Arthur Smith Funds (1986) away this year, through their funds, they parents, immigrants who fled their homeland Isaac Southgate Fund For Leicester (2010) continue to benefit their community. during the Armenian Genocide. Spag’s Supply Fund (1986) Harry G. Stoddard Fund (1992) 17 Estelle M. Sullivan Fund (2003) Bowditch & Dewey Fund (1990) John V. Frank Fund for Pomfret Area (2011) Gilbert H. Sundberg Fund (1987) Bozenhard Charitable Fund (2005) Friends of Learning in Killingly Fund (1998) D. Russell and Atsye S. Taft Fund (1992) James C. and Glenna A. Brunner Memorial Fund (2011) Barbara H. Gaudette Fund (2007) Joseph A. Tosoni Fund (2002) James R. Buonomo and Paula Rowse Buonomo Lillian R. Goodman and Mary K. Alexander Corinne Charron Turner Fund (1986) Fund (2013) Fund for Nursing Education and Research (1999) UniBank September 11th Emergency Personnel George S. and Tammy Butler Fund (2007) David R. and Rosalie A. Grenon Fund (1986) Education Fund (2002) Marcia Butzel Fund (2001) Mary B. Grogan Fund for Youth (2001) Water and Land Stewardship Fund (2000) John J. and Elaine C. Cahill Family Fund (2012) Robby Guyott Memorial Fund (2013) Curtis G. Watkins Education Fund (1995) Wynne L. Chase Fund (1998) Newell and Betty Hale Fund (2001) Mr. and Mrs. Robert H. Wetzel Fund (1983) Clearbrook Fund (2015) Raymond P. Harold Memorial Fund (1982) Robert J. and Anne C. Whipple Fund (1997) Eleanor Laing Clifford Fund (2016) NEW Harris Family Fund (2001) Irving N. and Annabel Wolfson Fund (1998) Maureen Logan Coghlin Fund (2001) Frances M. Herron Fund (1997) Worcester County Deputy Sheriffs Association Fund Herbert B. and Jayne Cohan Fund (2000) J and J Fund (2014) (1999) Paul E. Cohan Fund (2000) Jeppson Memorial Fund for Brookfield (1976) Worcester Credit Bureau Fund (1992) Dr. James J. Convery and Tracy A. Craig Fund (2009) Gertrude Alice Johnson Fund (2002) Worcester Executives Association – Dana DeAngelis McDonald Fund (2000) Hugh W. and Harriet K. Crawford Fund (2004) Ken and Pat Jones Family Fund (2014) Youth Opportunity Fund (1981) Elizabeth A. Culhane Memorial Fund (2000) Shirley S. Kane Family Fund (2014) Jeanne Remillard Curtis Fund (1999) Keamy Fund (2014) DISCRETIONARY & FIELD OF INTEREST Geoffrey Dancey and Rashida Garcia-Dancey William and Maureen Kelleher Charitable Fund (2008) FUNDS MARKET VALUE: $62.90 MILLION Family Fund (2014) W. David and Lee Norton Kelly Family Fund (2002) Rosemary Davis Memorial Fund (2000) Kirby Foundation Fund (2007) Dana L. DeAngelis-McDonald Memorial Fund (2002) DONOR ADVISED FUNDS ALLOW THE Augusta H. Kressler, M.D. Fund (2002) Gene J. DeFeudis Fund (2005) DONOR TO MAKE GRANT SUGGESTIONS AT George and Anna Krikorian Family Fund (1994) THEIR CONVENIENCE TO ORGANIZATIONS Martha L. and William P. Densmore Fund (1999) Lionel M. and Cynthia E. Lamoureux Fund (2000) THAT MATTER TO THEM. Henry B. and Jane K. Dewey Fund (1994) LaVigne Family Fund (1992) Morgan B. and Loretta R. Dewey Fund (2001) Rosalind Lee and Victor Ambros Fund (2014) Leicester Savings Bank Fund (1997) Carolyn Knight Dik Fund (1998) Argitis Family Fund (2004) Peter H. and Catherine H. Levine Fund (2007) Ross and Lisa Dik Fund (1993) Elkanah B. Atkinson Community and David J. Lionett Fund (2004) Education Fund (1986) Barbara M. and Irving James Donahue Jr. Fund (1993) Lisi-Greene Fund (2004) Auburn Foundation (2002) Kevin Dully Memorial Fund (2015) MacLean Family Fund (2004) Bartholomew and Company Anniversary Fund (2014) Lillian Knowles Eldred Fund of Pakachoag Church for Donald J. and Tina Mancini Family Fund (2014) the Support of Sacred Music (1999) Jane Bath Fund (2007) Sandy C. Marks Jr. Biomedical Education Fund (2003) Finnish American Social Club Fund (1998) Belanger Family Fund (2013) Marla Maykel Fund (2001) Finnish Heritage Foundation Fund (1991) JoAnn Waite Bennett Memorial Fund (2010) Charles H. McDonald Memorial Foundation (2005) Lucille Alma Flynn Fund (2016) NEW Olive I. and Anthony A. Borgatti Jr. Donor Advised C. Jean and Myles McDonough Fund (1988) Fontaine Fund (2003) Fund (1987) Winifred Meany Killay and Matthew Meany Francis A. Ford and Shirley A. Doyle Fund (2011) Memorial Fund (2003)

18 Eleanor Laing Clifford Fund PENTA Legacy Fund

Eleanor Laing Clifford (1942–2016) brought Raised in a family that extraordinary intelligence, spirit and heart to values both enterprise all her endeavors and contributed greatly to her and giving back, community, profession and family. Deborah Penta stayed Born and raised in Worcester, Eleanor faithful to her family graduated from the Boston College School of Lucille Alma Flynn Fund values when she moved Nursing in 1966 and joined Paul Revere Life from Connecticut to Insurance Company, where over a long and In August, Lucille Flynn celebrated her Massachusetts distinguished career she advanced the field of 96th birthday with her eight children, her 30 years ago. disability income insurance and mentored many grandchildren and great-grandchildren. Many Her business, colleagues and employees. When Eleanor retired, had travelled far to join Lucille, who lives near a marketing firm, she was Vice President Integrated Underwriting their childhood home in Shrewsbury. A close has a longstanding Practice for the merged company of Unum. family, they have been inspired by Lucille’s tradition of charitable Eleanor served on the boards of the example to lead rich lives at home and in their giving, from supporting children’s charities and Worcester Historical Museum, Edward Street communities. scholarships to providing pro-bono services. This Day Care, Worcester City Manager’s Advisory year, Deborah created a donor advised fund for Board on Community Development, Worcester A music major at Manhattanville College, her personal philanthropy. Housing Partnership, and Worcester Against Lucille was soon raising her children on her own “The Foundation takes care of administering Hunger Consortium. While on the board of the while her pilot husband served in the Aleutian the fund,” says Deborah, “freeing me to do what United Way of Central Massachusetts, she was Islands. After the war, the family settled in I enjoy, which is to seek out meaningful ways to a founding member of the Woman’s Initiative, Shrewsbury, where Lucille studied nutrition contribute and make our beautiful region better a mentoring and leadership program for and interior design and earned her own pilot’s for others.” girls. license. With interests that include education, the “Eleanor’s view A liturgical music scholar, Lucille served for arts, and programs benefiting women and of the world was 20 years as organist of St. Benedict’s Abbey families, Deborah values the freedom to address enduringly hopeful,” in Stillwater. On her birthday, her family evolving opportunities with her fund. says her sister, Elizabeth presented Lucille with a special gift: a named “This is my legacy fund,” continues Deborah. Clifford, who created fund that will benefit students at the Abbey. “My son is now in high school. Years from now, this donor advised fund. “Mom is thrilled,” says Mary Lou Faddick, “She gave much to her he and in turn his children can use this fund to Lucille’s oldest child. “This fund honors her community. Eleanor make their own grantmaking decisions based good and beautiful life. Through its grants, she will keep giving through on the needs of their time. Life is an adventure. will influence even more young people.” this fund.” And so is philanthropy.”

19 Metzger Family Fund (2010) Amos E. and Ann Laura Wasgatt Fund (1997) Patricia A. and Robert M. Bourke Memorial Scholarship Mitra Family Joy Guru Fund (2013) Barbara Wasgatt Memorial Fund (2015) Fund (2014) Barrett and Mahroo Morgan Donor Advised Fund Meridith D. Wesby Founders Fund (2012) Mary and John Buckley Memorial Educational Fund (1998) (2008) Courtney C. Wetzel Memorial Scholarship Fund James J. and Patricia A. Moynihan Donor Advised (2012) Catherine Burgholzer Memorial Scholarship Fund (2014) Fund (2003) Todd H. Wetzel Fund (1992) John M. Nelson Fund (1990) William P. and Carolyn C. Cannon Scholarship Fund Whittier Family Charitable Gift Fund (2007) (2012) Nunley Family Fund (2013) Glenda and Arthur Wolpert Fund (1999) Ernest Osterman Family Fund (2004) Edward Carien Scholarship Fund (2010) Worcester County Food Bank Fund to End Hunger Carrick Foundation Scholarship (2000) Pakachoag Church Fund for Human Understanding (2011) (1999) Charlton PTO Fund (1999) Worcester Postal Credit Union Charitable Fund (2014) Arthur M. Pappas and Martha R. Pappas Donor Class of Tomorrow Scholarship Fund (2012) WTAG Christmas for Children Fund (2000) Advised Foundation (2002) Mary Connolly Memorial Scholarship Fund (1999) PEACE Fund (2014) Youth for Community Improvement Endowment Fund (2001) Robert P. Currie Scholarship Fund (2013) Pelletz Family Fund (2003) Melvin S. Cutler Fund (1986) PENTA Legacy Fund (2016) NEW DONOR ADVISED FUNDS MARKET VALUE: Kelly A. Davis Memorial Scholarship Fund (2014) Town of Petersham Fund (1984) $20.50 MILLION December 3rd Scholarship Fund (1999) Pitcher Family Fund (2014) Admiral and Mrs. Louis E. Denfeld Scholarship Fund Matthew Pollini Memorial Fund (2014) SCHOLARSHIP FUNDS SUPPORT (2007) Practical Education Fund (2010) POST-SECONDARY EDUCATION OF HIGH Santo J. and Ellen M. DiDonato Memorial Scholarship Pyle Fund (1986) SCHOOL GRADUATES. Fund (1999) Rawji Conservation Fund (2013) Steve Drawbridge Memorial Fund (2008) Richard and Jeanne Ahlquist Community Service John and Fran Duke Scholarship Fund (2004) Paul and Fay Rossley Fund (1995) Scholarship Fund (2015) Richard and Carol Dymek Scholarship Fund (2006) Dan Salmon Fund (2015) Wallace D. and Dorothy M. Andrews Scholarship Salois Family Fund (2010) Fund (2011) Joseph D. Early Scholarship Fund (2006) Donna R. C. and John E. Sansoucy Fund (2006) Adolfo Arrastia Beacon of Light Scholarship Fund East Brookfield Scholarship Fund (2007) SASA Fund (2011) (2005) Stephen G. Economos Scholar-Athlete Fund (2007) Charles E. Scott Community Fund (1997) Helen and Chuck Arsenault Memorial Scholarship Jeffrey S. Edinberg Memorial Scholarship Fund (2002) Fund (2000) Charles E. Soule Paul Revere Insurance Group Elm Park Community School Scholarship Fund (1987) Centennial Fund (1995) Auburn Woman’s Club Fund (2000) Emanuel’s Empowerment Fund (2012) Stonewall Fund (2008) AVID North Scholarship Fund (2004) John N. Engelsted Fund (1982) Candi Tiarks Cancer Research Fund (1996) Dennis Elroy Barry Memorial Scholarship Fund (2005) Fred and Leona Eppinger Scholarship Fund (2007) Margaret and Gordon Torgersen Fund (2000) Belmont Street Community School Scholarship Fairlawn Foundation Scholarship (1997) Fund (2000) Traina Family Youth Development Fund (1999) Mary R. Fedeli Memorial Scholarship Fund (2002) Loretta J. Belval Scholarship Fund (2002) Tree Fund (2000) Anita and Nathaniel A. Feingold Scholarship Fund Bruce S. Bennett Fund for Community Journalism (1994) Trust in Kids Fund (1987) (2006) Norma and Saul F. Feingold Fund (1983) Mary Ann Binkoski Scholarship Fund (2011) Finnish American Social Club Scholarship Fund (2003) 20 Fitchburg Sportsmen’s Club Scholarship (2009) Mark MacPherson Lightbown Memorial Scholarship Marilyn M. and Russell S. Fox Scholarship Fund (2010) Fund (1980) Rev. Richard and Shirley Wright Janet Fraser Scholarship Fund (1999) Lincoln Village Scholarship Fund (2001) Emmanuel Baptist Church John F. Freeland Memorial Fund (2005) Mary Falby Logan and Francis Logan Jr. Scholarship Scholarship Fund Fund (2004) Friends of Rutland Heights Hospital Permanent Fund (1993) Mary Sahagen Lonstein Scholarship Fund (2014) Since 1976, Judge and Mrs. William Garbose Fund (1998) Lunenburg Opportunity Fund (1999) Emmanuel Baptist Derek Gaudette Memorial Scholarship Fund (1995) Daniel Stephen Lussier Athletic Scholarship Fund (2010) Church has resided General Scholarship Fund (1990) L.W.V.O. Memorial Scholarship Fund (2010) in an historic red Matthew Gignac Memorial Scholarship Fund (1999) Lieutenant James F. “Jay” Lyons III Memorial brick building in Scholarship Fund (2001) Robert P. Goulet Memorial Scholarship Fund (1998) the Main South Magee Family Education Fund (2003) Grantee Agency Scholarship Fund (1996) neighborhood of Frances F. Mansfield Scholarship Fund (1996) Greg’s Grant Fund (1997) Worcester. Its Ben P. Masterman Scholarship Fund (2013) Grynsel Educational Scholarship Fund (2006) founder and Pastor Emeritus, Reverend Richard Anthony E. Mickunas Memorial Scholarship Fund Wright, retired in 2013 after serving the Daniel Ha Memorial Scholarship Fund (2015) (1987) congregation for 37 years together with his Emil Haddad Jazz Scholarship Fund (2004) Michael Minty Memorial Scholarship Fund (1988) wife, Sister Shirley Wright. Joseph F. and Claire L. Halvey Scholarship Fund (2002) Patricia Proko Morris Memorial Scholarship Fund George W. Hanson Memorial Scholarship Fund (2015) (2012) The couple created many services, including Marty Hastings Memorial Scholarship (2010) Constantine Mina and Vasiliky Strates Moschos childcare and after-school programs, and in Hedin Family Memorial Scholarship Fund (2007) Scholarship Fund (2005) 1999 they were co-recipients of the Worcester Maureen Henrickson Memorial Scholarship Fund Anne Carey Murphy Memorial Scholarship Fund (2001) Telegram & Gazette’s Isaiah Thomas Citizen of the (2004) Nichols Academy Marilyn T. and Gerald Fels Year Award. Charles Hugo Community Service Award Fund (2007) Scholarship Fund (2001) “What continues to motivate us is to help Debbie Anne Johnson Memorial Fund (1993) Arnold and Sylvia Nylund Scholarship Fund (2001) young people in Main South move forward,” says Jenica Lynn Junnila Memorial Scholarship Fund (2000) Sarah Daniels Pettit and William O. Pettit Jr. Rev. Wright. “With this scholarship, we can build Scholarship Fund (1996) Deborah A. Kaufman Scholarship Fund (1990) a legacy that lasts beyond our own lives.” Richard W. Pierce Fund (1985) Lawrence M. and Augusta L. Keeler Scholarship Fund “Education empowers people with the Project Aspire Fund (2011) (1978) tools to benefit themselves and society as a Arthur J. Remillard Jr. Scholarship Fund (2001) Bradford J. Kemp Scholarship Fund (2008) whole,” says Mrs. Wright, a retired teacher. Max H. and Eloise A. Kuhner Scholarship Fund (2009) Barbara Marks Rothschild Arts and Education Scholarship Fund (2004) “But many cannot access college without help. Leonard F. Leamy Scholarship Fund (2006) Ida and Murray Rotman Scholarship Fund (1985) I was one of eight children and the first in my Leicester High School Football Alumni Scholarship family to attend four-year college. My church Fund (2007) Andrew Sala Memorial Scholarship Fund (1998) gave me a scholarship. Now, we can assist Leicester Samaritan Nursing Association Fund (1996) Doris Salzer Memorial Scholarship Fund (2012) others and continue to have an impact on our Leicester Savings Bank Scholarship (1999) Erin Coonan Schmidt Scholarship for Health and Wellness Fund (2015) congregation.” Lt. Colonel Irving A. and Colonel Marie C. Lepore Fund (2012) Herbert D. Sherwin Memorial Scholarship Fund (2004) 21 William J. Short Scholarship Fund (2002) DESIGNATED FUNDS SUPPORT ONE OR Marjorie G. and Elmer E. Ellison Jr. Fund (2001) Alexander G. Simonatis Scholarship Fund (2004) MORE ORGANIZATIONS IN PERPETUITY. Gerald J. and Dallas M. Eydenberg Fund (2011) Claudia Simonian Scholarship Fund (2007) Abby’s Empowerment Fund (2009) Norma and Saul F. Feingold Joy of Music Fund (2006) Arthur J. Smith and Dorothy G. Smith Hollis E. and Gwendolyn D. Alden Fund (1977) Norma Feingold Worcester History Prize Fund (2011) Scholarship Fund (2005) Clarence S. Arms Family Fund (1986) Shirley Feldman Fund (2005) Francine “Doc” Smith Scholarship Fund (2013) First Congregational Parish, Unitarian Fund (2006) Thurston E. Solomon and Everett J. Morter Memorial Joan T. Barry Fund for Saint Mary School (2016) Scholarship Fund (2013) NEW First Unitarian Church Fund (2006) Steelman Expository Writing Scholarship Fund (1999) Elizabeth Trumbull Barton Fund (2004) Patricia Fisher Fund (2006) Swedish National Federation Fund (2001) Edward W. Bettke Scholarship Fund (2007) Marilyn M. and Russell S. Fox Scholarship Fund for Non-Traditional Students (2010) Tahanto Regional High School Scholarship Fund (1997) Bolton Public Library Endowment Fund (2012) Samuel Frank Designated Fund (1993) Paul E. Tarkiainen Art Award Fund (1995) Barbara Allen Booth Fund (2001) Friends of Gale Free Library Designated Fund (2013) Kathleen Terry Memorial Scholarship Fund (2005) Robert W. Booth Fund for the Worcester Historical Robert Thomson Scholarship Fund (2009) Museum (2002) Kimberley Lane Godard Memorial Fund (2012) Sumner B. Tilton Memorial Scholarship Fund (1985) Bosler Humane Society Fund (1986) Lois B. and Robert F. Green Fund (2001) Laurie C. Tinsley Scholarship Fund (2002) Bruce Breger Memorial Fund for BSA Troop 1 Newell Hale Memorial Fund (2003) of Northboro (2010) Tobin Family Fund (1999) Ginette Harrison, MD Memorial Fund (2002) Brigham Hill Fund (2016) NEW Mark W. Tripp Scholarship Fund (2011) Hendricks House Preservation Fund (1999) Wachusett-Worcester Love Your Neighbor H. Paul and Sara B. Buckingham III Fund (2000) John and Frannie Herron Park Fund (2013) Award Fund (2015) Dr. and Mrs. Edward Budnitz Fund (1995) Honee A. Hess Partnership with Children Fund (1996) Arno and Roberta E. Wagner Scholarship Fund (2013) William R. and Janet A. Carrick Fund (1998) Robert G. and Eliza C. Hess Fund (1979) Reginald Washburn Scholarship Fund (1990) John Carter “High Five” Youth Hockey Fund (1996) Holden Council on Aging/Senior Center Fund (2003) Webster Square Business Association Polly C. and Joseph R. Carter Fund (1987) Robert M. Hyde Family Fund for Beaman Memorial Scholarship Fund (2002) John P. Castagnetti Memorial Fund (2003) Public Library (2014) Leroy Weiner Scholarship Fund (2000) Richard and Deanna Charves Fund (2011) Jeppson Memorial Fund (1976) Paul J. Westberg Memorial Scholarship Fund (2000) Chesson Family Fund (1991) Marcia R. Katter Memorial Fund (2001) Leonard H. White Scholarship Fund (2011) Charles P. Ciaffone and Rose B. Ciaffone Fund (2005) Lawrence M. and Augusta L. Keeler Fund (1997) Mary Olive Wood Scholarship Fund (1992) Martha A. Cowan Fund (1987) Paul J. and Dorothy B. Kervick Fund (1996) Worcester Latino Coalition Scholarship Fund (1999) Hugh W. and Harriet K. Crawford Endowment Fund Peter J. and Sophie Kosky Fund (1988) Worcester Swedish Charitable Association for the Pearle L. Crawford Memorial Library (2006) Max H. and Eloise A. Kuhner Memorial Fund (2005) Scholarship Fund (2001) Ethel S. Cunningham Fund (1987) Worcester Woman’s Club Fund (1999) Nathaniel A. Lane Memorial Fund (2014) David L. and Elizabeth O. Dean Fund (2012) Rev. Richard and Shirley Wright Emmanuel Prescott N. Lane Memorial Fund (2014) Baptist Church Scholarship Fund (2016) NEW Densmore Community Fund (2011) Irving A. and Marie C. Lepore Fund (2012) Henry B. and Jane K. Dewey Fund for Wellesley Peter H. Levine Fund (2010) College (2007) SCHOLARSHIP FUNDS MARKET VALUE: Peter H. Levine and Catherine H. Levine Fund $13.22 MILLION Jane Kenah Dewey Abbot/Andover Fund (2007) for the First Unitarian Church (2010) Directors and Corporators Fund (1984) John W. Lund Fund (1993) Douglas Center Cemetery Preservation Fund (1999) Lund Leadership Award (2010) 22 Lund Unitarian Church Fund (2011) Frances F. Mansfield Fund (1996) Joan T. Barry Fund for Saint Mary School Sonia Werblin Masterman Fund (2001) Howard J. and Dorothy R. McGuiness Funds (2004) Joan T. Barry retired in June 2016 after serving eight years as STACEY HUGHES PHOTOGRAPHY Edward P. Miner and Dauphinais Park Endowment principal of Saint Mary School in Shrewsbury. “These have been the Fund (2003) best eight years of my career,” says Joan, a Worcester native and Notre Barrett and Mahroo Morgan Fund (2007) Dame Academy graduate who for 20 years was a public school teacher Vasiliky Strates Moschos Memorial Fund (2002) in Westchester County, New York. Joan then moved to Shrewsbury Rani P. and Haribabu Muddana MD Fund (2001) and for two decades held positions in public school administration. C. Bradford and Elizabeth C. Newell Fund (1999) Spanning pre-school through eighth grade, this Catholic school Nichols Academy Scholarship Fund (2001) draws students from Saint Mary Parish and surrounding towns. Norcross Heritage Fund (2004) “Students develop a strong sense of self,” says Joan, “and commitment Christopher J. Paskell Memorial Fund (2004) to both academic excellence and service to others. They become Sarah Daniels Pettit and William O. Pettit Jr. Fund lifelong learners and leaders.” (1996) Joan will continue to advance Saint Mary’s through her designated fund. “This school is dear to my Paul M. Pezzella Fund in Memory of Patsy and Theresa Pezzella (1999) heart,” says Joan. “Every year, a grant can fund a new resource, such as an innovative technology or Pomfret Community School Arts Fund (2006) learning tool. And through the Foundation, this fund connects the school with the broader community.” Lillian S. Pratt Fund (2007) Hon. James F. Queenan Legal Services Fund (2011) John and Gloria Rauth Library Fund (2001) Brigham Hill Fund Arthur J. Remillard Jr. Fund (1993) Renaissance Award Fund (2004) A donor who wishes to remain anonymous created this designated fund Louise R. and John F. Reynders Fund (1987) to promote the protection of children from sexual abuse. Its grants will Marvin Richmond Fund (1998) support the services and programs of Pathways for Change, Inc. Chapin Riley Fund (2000) Based in Worcester and serving communities throughout Central Massachusetts, this nonprofit provides quality multicultural services to John E. and Ethel E. Riley Outstanding Citizenship Award Fund (2010) survivors of sexual violence and abuse as well as public education and Katharine Higgins Riley Fund (1991) advocacy to foster prevention. Rogers-Kennedy Memorial Fund (2003) Established in 1973 as one of the state’s first rape crisis centers, Marion & Arthur Rossiter Fund for Evangelical Pathways engages survivors in a healing journey that builds their resilience, strength, knowledge and Congregational Church (2011) awareness. Children can be silent victims, because their caregivers miss cues or fail to heed a child’s Saul A. Seder Fund (1991) attempt to speak up. H. Arthur Smith Designated Fund (1986) “All children have the right to be safe in their homes, schools and neighborhoods,” says the donor. Khazma A. Soffan Memorial Fund (2000) “Tools are available to teach children how to protect themselves and also to train parents in recognizing Helen M. and Thomas B. Stinson Fund (2001) signs of sexual abuse. Children need to be believed. This fund will help Pathways for Change spread these Sylvia Gafvert Stubblebine Fund (1989) resources to parents and communities.”

23 Carmen Tobin Nursing Scholarship Fund (1995) Timothy J. Houston Memorial Last Green Valley Fund Polly and Dick Traina Fund for Y.O.U., Inc. (2009) Fund at Joy of Music William D. Wallace Executive Director Endowment The “last green valley” is an 1,100-square mile Fund (2014) Attending the swath of northeastern Connecticut and south- Mary Louise Wilding-White Fund (1978) Joy of Music central Massachusetts with an abundance of Harold Davis Woodbury Fund (1987) Program forests and cultural resources. Encompassing Worcester Animal Rescue League Fund (2007) from age five 35 towns, including nine in Massachusetts, Worcester Art Museum Booth Family Fund for Education and Outreach (1999) through his the region was designated a National Heritage Worcester Arts and Humanities Educational teen years, Corridor in 1994 by the US Congress. Collaborative Fund (2002) Tim Houston The grassroots group that spearheaded this Worcester Engineering Society Fund (1989) became a process then formed a nonprofit dedicated to Worcester Historical Museum Robert W. Booth Fund skilled violin preserving the region for generations to come. for Salisbury Mansion (1995) player. At age 11, wearing his prized raccoon- Headquartered in Danielson, CT, The Last Worcester Public Library Fund (1992) skin cap, Tim played fiddle tunes on a downtown Green Valley, Inc., has created an agency fund Worcester Regional Research Bureau Fund (1989) Worcester street corner and raised $100, which with the Foundation. Worcester Street Tree Fund (2010) he donated to an orphanage in Guatemala. In a “This endowed fund is an important step to DESIGNATED FUNDS MARKET VALUE: thank you note, its director told Tim his gift fed becoming sustainable into the future,” says Lois $23.70 MILLION all the children for an entire month. Bruinooge, the nonprofit’s executive director, Tim loved to play spontaneously anywhere, who first learned of the Foundation by attending everywhere, and for everyone. “He discovered its Nonprofit Support Center workshops. AGENCY FUNDS ARE CREATED BY NONPROFIT ORGANIZATIONS TO BENEFIT that the joy he found in music could touch other “These sessions were excellent,” says Lois. THEIR OPERATIONS OR CAPITAL NEEDS. people,” says Wendy Ardizzone, the school’s “Now, by partnering with the foundation, we founding director. “He cared about other people. will broaden our visibility and benefit from William and Rose Abbott Memorial Fund (2015) He was a very bright light.” your superb fund management and large asset Abby Kelley Foster House Fund (2008) pool, which will increase our returns. And your Morris and Ethel Abramoff Joy of Music Scholarship Recently, Tim struggled with addiction. Fund (2012) In August 2015, at age 23, he died from an services enable us to offer our donors more African Heritage Institute Fund (1997) accidental opioid overdose. Devastated, his sophisticated G. LESLIE SWEETNAM American Red Cross of Central Massachusetts loved ones found consolation by contributing to planned Fund (2000) financial aid at Joy of Music, which created an giving options Auburn Youth and Family Services Endowment Fund endowed fund in his name. and secure (2000) Barre Players Endowment Fund (1997) “This fund honors Tim in a lasting way,” says larger gifts.” Big Brothers/Big Sisters Mentoring Fund (1999) Wendy. “It keeps Tim in the present with us, Blackstone Valley Education Foundation Fund (2005) still bringing joy to others through music.” Boston Chinatown Neighborhood Center, Inc. Agency Funds (2011)

24 Boylston Public Library Foundation Fund (2014) Boys & Girls Club of Worcester Fund (2008) Music Worcester Quinsigamond Community Camp Putnam Agency Fund (2011) Education Fund College Foundation Inc. Janet Alden Carrick Memorial Fund for the East Endowment Funds Douglas Evergreen Cemetery (2006) Music students Pearle L. Crawford Memorial Library Endowment in Worcester With such cutting-edge resources as its Fund (2010) Public Schools Healthcare and Workforce Development Douglas Historical Society Fund (2000) get to learn Center and new Quinsigamond Engineering, Dynamy Fund (1997) and perform Science, and Technology (QuEST) Center, East Douglas Evergreen Cemetery Company Fund with renowned Quinsigamond Community College (QCC) and Wallen Memorial Trust (2005) musicians, provides quality, cost-effective education that Edward M. Kennedy Community Health Center Fund (1984) thanks to changes lives. Elm Park Center for Early Childhood Education outreach programs of Music Worcester, Inc. Advancing this mission is the QCC Scholarship Fund (2006) This past season, the conductor and Foundation, which has created the QCC Lois S. Feldman Fund (1990) concertmaster of the Polish-Baltic Philharmonic Foundation Scholarship Endowment Fund and Friends of Beaman Memorial Public Library coached Burncoat High School musicians, who the QCC Foundation Endowment Fund. Endowment Fund (2011) then attended the orchestra’s performance at “State colleges only receive a fraction of their Friends of Gale Free Library Endowment Fund (1998) Mechanics Hall with their families. Each year, funding from the Commonwealth,” says QCC Friends of Northbridge Elders Fund (1997) South High students are paired with members of Foundation President Maurice “Moe” Boisvert. Friends of Hope Cemetery Fund (2011) The Worcester Chorus. They rehearse with their “Most comes from tuition and private sources. Friends of the Upton Town Library Fund (2007) mentors and in December perform the Messiah “We’ve placed our funds within our Friends of the West Boylston Council on Aging side by side with the Chorus. community foundation’s endowment, where Fund (2015) “We want to bring these opportunities to they can grow and earn higher return. We Julie Chase Fuller Endowment Fund for Mechanics Hall (1989) other schools,” says Adrien Finlay, executive encourage the entire community to take part Green Hill Park Coalition Fund (2015) director of Music Worcester. “Grants from the in our mission by investing in the college or Roberta Gunn Fund for Board Development (2003) Foundation have been critical to expanding creating a named scholarship.” Hanover Theatre 1926 Society Legacy Fund (2015) these programs. With our new agency fund, we As founding president and CEO of Youth PHOTO: G. LESLIE SWEETNAM Timothy J. Houston Memorial Fund at Joy of can generate funds to continue expanding these Opportunities Upheld Inc., from 1971 to Music (2016) NEW programs now and long term.” 2011, Moe has seen the power of the college to Jane Fund of Central Massachusetts Fund (2008) Acclaimed pianist Simone Dinnerstein visited change lives. “Here, Joy of Music Program Beveridge and Frances Webster the Worcester Arts Magnet Elementary School students develop the Endowment Fund (2000) with her “BachPacking to School” program, tools to fulfill the NEW Last Green Valley Fund (2016) which she developed for her son’s public school American dream. Latin American Health Alliance of Central Mass in Brooklyn. “It’s fantastic,” says Adrien. “Kids Fund (2010) They gain good take a journey through Bach, the father of Priscilla Mason Endowment Fund (2014) jobs or move on to Master Singers of Worcester Fund (2007) western music.” four-year colleges.” Matthew 25 Funds (2000) 25 Millbury Public Library Endowment Fund (1991) Music Worcester Education Fund (2016) NEW PLANNING A LEGACY OF JOY National Memorial Trust Fund (1990) This year, PAMELA AND MAURICE (“MOE”) Preservation Worcester Endowment Fund (2011) BOISVERT celebrate their 50th wedding Quinsigamond Community College Foundation Inc. Endowment Funds (2016) NEW anniversary. Their lifetime of shared joys Rural Cemetery Fund (2006) includes their four daughters, 12 grandchildren Scoutmaster Harold “Jack” Jackson and Eagle Scout and the joy they find in giving. Through a Jonathan Scott Gendron Campership Fund for BSA bequest with the Foundation, they will continue Mohegan Council, Inc. (2012) sharing this joy with their family St. Mary’s Assumption Albanian Orthodox Church and community for generations to come. Endowment Fund (2012) In their bequest, Moe and Pamela devote Straight Ahead Ministries Fund (2015) a percentage of their liquid assets to causes that have shaped their careers. Tatnuck Brook Watershed Fund (1996) The bequest will direct half of the assets to educational programs serving low-income Temple Emanuel Sinai Fund (2007) youth and adults. “My whole career has been about increasing opportunities for marginalized United Way of Central Massachusetts Fund (1987) individuals to succeed in school and then in a career,” says Pamela, CEO of Massachusetts Wachusett Earthday Inc. Fund (2015) Education & Career Opportunities, Inc. (MassEdCO), a Foundation grantee. West Boylston Historical Society Fund (2014) Half of the assets will fund projects at Youth Opportunities Upheld, Inc., a nonprofit Women’s Initiative Fund in Honor of Lois B. Green that Moe founded and led for 40 years as CEO. “YOU, Inc. helps traumatized, abused, and (2009) neglected youth heal, move on, and build a brighter future,” says Moe, the 2008 recipient of the Worcester Area Association for the Education of Young Foundation’s Renaissance Award, which honors exemplary nonprofit leaders. Children Fund (1998) Pamela and Moe trust the Foundation to make the most of their legacy. “I’ve always been Worcester Chamber Music Society Fund (2013) impressed with the great care that the Foundation puts into ensuring that donors’ money Worcester County Law Library Trust Fund (1998) achieves the best possible impact,” says Pamela, who served on the Foundation board and Worcester County Poetry Association Funds (2002) chaired its Distribution Committee. “And by pooling donor funds within a large, well managed Worcester Historical Museum Fund (2002) endowment, the Foundation does an excellent job of earning the best return on investment,” Worcester Jewish Community Center Fund (2010) says Moe, who has set up two agency funds with the Foundation. Youth Opportunities Upheld, Inc. Fund (1987) “We feel so blessed to live in this community,” says Moe. “It’s been a terrific home for us AGENCY FUNDS MARKET VALUE: and our children. We enjoy working to make it even better and stronger.” $18.08 MILLION “Our children have already seen how important giving is to us,” says Pamela. “Now, we want to involve our grandchildren.” Two will join Pamela and Moe as they visit a school they helped to start in Kenya. The children are now raising money to purchase a cow for the school. “Leaving all you have to your family is a good legacy,” says Pamela. “But leaving a percentage to the community is a better legacy. Your example will have a very positive impact on your family. You’re creating new philanthropists!” “Giving makes you feel really good,” adds Moe. “So do it!”

26 The Acorn Society: Creating your legacy

The Acorn Society honors individuals who have named the Foundation as beneficiary of a bequest, trust, or retirement fund. Just as an acorn grows into a mighty oak, a planned gift will yield enormous benefits to future generations. You can join the Acorn Society by deferring your gift and naming the Foundation in your will. Or create a planned gift that provides you with lifelong income. Acorn Society members are invited to special events and above all they enjoy the satisfaction of knowing that their giving lives on. We are grateful to every member of the Acorn Society, including those who prefer to remain anonymous. For a confidential conversation, call us today.

2016 Members Dennis F. and Frances C. Gorman Bonnie M. Prescott “Leaving all you Anonymous (8) Suzanne E. Gray and Ernest J. Osterman James F. and Helen E. Queenan James C. and Colleen S. Abrams David R. and Rosalie A. Grenon John A. and Gloria W. Rauth have to your family Robert S. Adler Claire L. Halvey Azim Rawji and Robin Van Liew is a good legacy. Ann Bergman and Bill Glennon Maureen Harrington William J. and Mary C. Ritter Edward W. Bettke Richard E. Hedin C. Reid and Susan Roberts But leaving a Mark P. Bilotta and Henry O. Ritter Nason A. Hurowitz and Martha P. Grace Linda Carlson Romano percentage to Brian L. and Betty G. Bjurling Donald Inglis Scott and Lois Rossiter Maurice J. and Pamela K. Boisvert Forrest A.* and Shirley H. Jacobs Paul and Fay Rossley the community Cushing C. Bozenhard* M Howard and Frances Jacobson R. Joseph Salois Michael D. and Mary Ann S. Brockelman Kenneth R. and Patricia L. Jones Sally S. Schenck is a better legacy.” James R. and Paula R. Buonomo Sarah Lange Evelyn B. Silver Pamela Boisvert Kenneth F. and Nancy Candito David P. Leach and Audrey Klein-Leach Laurence J. and Alison D. Specter Richard and Deanna Charves Catherine H. Levine David C. Steelman and Elizabeth A. Clifford Margaret D. Lincoln Virginia Theo-Steelman Richard P. Coonan Ann T. Lisi Kelly A. Stimson Dix F. and Sarah Davis Monica Escobar Lowell Joseph N. and Charlene M. Stolberg James S. Demetry C. Jean McDonough Cynthia P. Strub Henry B. and Jane K. Dewey Satya B. and Supriya Mitra Laurie D’Amico Tigan Ross K. and Lisa F. Dik Raymond E. and Barbara B. Morin Sumner B. Tilton Jr. Richard and Carol Dymek Frederic H. and Victoria Mulligan Margaret Wolcott Barbara M. Fitts Linda C. Nelson David K. Woodbury Warner S. and Mary F. Fletcher Karen M. Nunley Kimball R. Woodbury Gerald and Jane Freed Vincent J. Osterman Dina and Gerald L. Gaudette III Arthur M.* and Martha R. Pappas Rodney M. Glasgow Jr. Philip L. and Marsha R. Platt * Deceased 27 Contributors

We list those who contributed $2,500 or more $50,000 – $99,999 Arno and Roberta E. Wagner Scholarship Fund during 2016 and extend our sincere gratitude to Emmanuel Baptist Church Henry R. and Donna L. Whittier Estate of Lucy B. Wood all who made a gift during the year. Estate of Sona Husisian Last Green Valley Worcester County Food Bank Music Worcester $5,000 – $9,999 $1,000,000 + $10,000 – $49,999 Boylston Graduates Association Quinsigamond Community College Foundation Anonymous (1) CSX Transportation, Inc. Worcester Historical Museum Abby’s House Cutler Charitable Foundation John and Ann Marie Argitis Henry B. and Jane K. Dewey $100,000 – $999,999 Ned W. and Elizabeth A. Bacon Edwin and Peggy Fedeli Estate of Isabel K. Arms Bartholomew and Company, Inc. Allen W. Fletcher Janet Carrick Residuary Trust Shaun M. Bennett Kevin M. Flynn Kirby Foundation Carrick Foundation Joy of Music Program Latin American Health Alliance Elizabeth Clifford Annie Eppinger Kleva Metz Family Foundation Carolyn S. Crane Lionel M. and Cynthia E. Lamoureux Straight Ahead Ministries Estate of Harriet K. Crawford National Grid Digital Federal Credit Union Stephen and Cynthia N. Pitcher Barbara M. Fitts West Boylston Historical Society Warner S. and Mary F. Fletcher Worcester County Poetry Association Joseph A. Ha InterGlobal Communication Group $2,500 – $4,999 2016 Gifts by Fund Type Robert D. Johnson Edward W. Bettke (in millions) Elinor B. Keil Ross K. and Lisa F. Dik Liberty Movers, Inc. Mary Lou Faddick Donor Advised B. Dale and Melanie Magee Fels Family Foundation $0.75 Donald J. and Tina M. Mancini Barbara H. Gaudette Designated Mildred H. McEvoy Foundation Hanover Insurance Group $1.78 Middlesex Savings Charitable Foundation Patricia A. Hertzfeld Discretionary and Deborah A. Penta Sona Husisian Life Insurance Field of Interest Peter Metz and Phyllis Pollack Donald and Yvonne Keamy Family Foundation $0.69 Paul and Fay Rossley Richard Simonian Agency Dan Salmon Fund Howard J. and Carolyn J. Stempler $2.16 Joe and Joanne Salois Worcester Center for the Performing Arts Scholarship St. Mary’s Assumption Albanian Orthodox Church $0.36 Unum Group Matching Gift Program Every effort has been made to ensure the accuracy of this list. If we have made an error, please let us know. 28 Financial SUMMARY FINANCIAL STATEMENTS (Years ended December 31, 2016 and 2015) 2016 2015 Stewardship Assets Investments $ 139,803,842 $ 135,246,233 Operating Cash $ 167,094 $ 169,680 THE GOAL of the Foundation’s investment program is to preserve and enhance the value of donor gifts, Other Assets $ 179,410 $ 157,391 maintain capital for the future, and meet community TOTAL ASSETS $ 140,150,346 $ 135,573,304 needs today. To accomplish this goal, we sustain a Liabilities and Net Assets diversified portfolio overseen by multiple managers. Accounts Payable & Accrued Expenses $ 115,525 $ 96,123 Investment Committee Split Interest Funds (Charitable Gift Annuities, other) $ 817,246 $ 886,771 The Foundation’s Investment Committee is com- Net Assets $ 139,217,575 $ 134,590,410 prised of financial experts from the community; it TOTAL LIABILITIES & NET ASSETS $ 140,150,346 $ 135,573,304 establishes policy, hires investment managers, and evaluates performance. The Committee is supported Revenues by independent investment consultants Prime Contributions $ 5,741,810 $ 6,004,353 Buchholz & Associates, which provides technical Net Investment Returns $ 7,060,506 $ (2,017,977) assistance, manager selection, and ongoing evaluation. Other $ 99,994 $ 127,488 2016 Members TOTAL REVENUES $ 12,902,310 $ 4,113,864 Timothy M. Jarry Chair Dix F. Davis Grants & Expenses Robert S. Adler Warner S. Fletcher Thomas J. Bartholomew Abraham W. Haddad Grants $ 6,614,110 $ 5,743,209 J. Christopher Collins Jeffrey S. Solomon Operating Expenses $ 1,661,035 $ 1,514,793 James E. Collins TOTAL GRANTS & EXPENSES $ 8,275,145 $ 7,258,002 Portfolio (at 12/31/16) CHANGE IN NET ASSETS $ 4,627,165 $ (3,144,138) Domestic Equity 19% 2 managers NET ASSETS Beginning of Year International Equity 28% $ 134,590,410 $ 137,734,548 6 managers Flexible Capital 30% NET ASSETS, End of Year $ 139,217,575 $ 134,590,410 4 managers Fixed Income 17% 4 managers The audit of the Foundation’s financial statement as of and for the years ending December 31, 2016 and 2015 was conducted by Real Assets 5% Alexander, Aronson, Finning & Co., PC. For a complete copy of the audited financials visit our website at www.greaterworcester.org, 2 managers email [email protected], or call 508-755-0980 Cash 1% 29 Corporators

Lawrence J. Abramoff Henry Camosse Jr. Karen E. Duffy M Howard Jacobson Satya B. Mitra Mary Lou Retelle Steven Tankanow Colleen Abrams Gail E. Carberry Ellen S. Dunlap Timothy M. Jarry Ann K. Molloy Dennis Rice George W. Tetler III Robert S. Adler Jennifer Davis Carey Sandra Dunn Robert E. Johnson Charles F. Monahan Jr. Mary C. Ritter Brian W. Thompson Robb B. Ahlquist Ann E. Carlson N. Lynn Eckhert Patricia L. Jones Janet Wilson Moore Sarai Rivera Troy B. Thompson Kola Akindele Kirk A. Carter Patty Eppinger Michelle Jones-Johnson Barrett Morgan Shelley Rodman Adi Tibrewal Maria A. Allard Deborah D. Cary Stephen J. Erickson Steven G. Joseph Gail M. Morgan Ana Rodriguez Sumner B. Tilton Jr. Robert J. Anderson Matilde Castiel Allen Falke Kevin R. Kearney Robert J. Morton Eric Roldan David N. Tinsley James A. Andreoli Linda A. Cavaioli Barbara E. Fargo Sara Kelleher James J. Moynihan Melvin Rosenblatt Eric Torkornoo David P. Angel Francesco C. Cesareo Saul F. Feingold Alison C. Kenary William G. Muller Laurie Ross Roger R. Trahan Jr. Roy Angel Harriette L. Chandler Randy Feldman Richard B. Kennedy Frederic H. Mulligan Scott Rossiter Margaret W. Traina Michael P. Angelini Brian M. Chandley Allen W. Fletcher Robert M. Kennedy Timothy P. Murray Paul R. Rossley Tuyet Tran Ann Marie Argitis Karen Chapman Mary F. Fletcher Priscilla Short Kerr Ginger Navickas Steven Rothschild Alexis Travis Joycelyn Augustus Joy C. Child Warner S. Fletcher Judith Kirk AiVi Nguyen Kent dur Russell John A. Trobaugh Abigail Averbach Jeffrey Chin Jack L. Foley Joyce R. Kressler David A. Nicholson Francis M. Saba Michael P. Tsotsis Robert S. Bachelder Ronald M. Cino Paul A. Fontaine Frances E. Langille Victoria Twumasi Nyarko Brenda K. Safford Jayna Turchek Joseph J. Bafaro Jr. Valerie Cohen David P. Forsberg Joshua LaPan Andrew B. O’Donnell Nancy H. Sala Wayne Ushman Richard C. Barry J. Christopher Collins Ron Fraser Robert E. Layne Kevin O’Sullivan Andrew Salmon Charles R. Valade Thomas J. Bartholomew James E. Collins Mark W. Fuller Thuha T. Le David R. Ojerholm Kimberly M. Salmon Carmen D. Vazquez John E. Bassett Michael F. Collins Peter Gardner Diane L. Leclair Julie Orozco R. Joseph Salois Wyatt R. Wade Eric Batista Michael Covino Gerald M. Gates Laurie Leshin Vincent J. Osterman Steven M. Sargent William D. Wallace Paul Belsito Joseph P. Cox Gerald L. Gaudette III Patsy C. Lewis Joe Pagano Kwasi Sarpong Matthew Wally Sarah G. Berry Tracy A. Craig Lisa Kirby Gibbs Joseph Lian Jr. Martha R. Pappas Paul F. Schlaikjer Matthias Waschek Mark P. Bilotta Ken Crater Lawrence J. Glick Robert G. Lian Linda F. Parham Francis J. Scollen Victoria Waterman Janet A. Birbara Benjamin Craver Dorista J. Goldsberry Linda Carre Looft Sahdev R. Passey Paul F. Scully Charles S. Weiss Deborah Bitsoli Michael J. Crawford Juan Gomez Monica Escobar Lowell Thoru Pederson Carol L. Seager James A. Welu Elissa Boisvert Frederick G. Crocker Jr. Dennis F. Gorman Susan M. Mailman Deborah A. Penta Jay S. Sherwin Meridith D. Wesby Maurice J. Boisvert Kathryn M. Crockett Martha P. Grace Barry M. Maloney Neil Petersen John F. Shoro Todd H. Wetzel Pamela K. Boisvert Jill C. Dagilis John E. Graham Michael J. Martin Jacqueline D. Peterson Philip O. Shwachman David White James Bonds Sr. Geoffrey K. Dancey Cynthia Gray Samuel N. Martin Paul M. Pezzella Troy Siebels Harry T. Whitin George F. Booth II Dix F. Davis Martin J. Green Heather A. Maykel Lisa A. Piehler Marvin S. Silver Thomas J. Wickstrom Mark A. Borenstein Laurie Davis David R. Grenon Nadia McGourthy Cynthia N. Pitcher Edward D. Simsarian Michael Wilcox Sarah Ann Bowditch Daniel de la Torre Jr. J. Michael Grenon Robert H. McLaren Deborah L. Plummer Michael D. Sleeper Jack L. Wolfson Kevin L. Bradley Richard W. Dearborn Abraham W. Haddad Cynthia M. McMullen Jason J. Port Joshua Lee Smith David K. Woodbury James B. Broadhurst Eileen R. deCastro Sheila Harrity Jean G. McMurray Christine M. Proffitt Jeffrey S. Solomon Janice B. Yost Michael D. Brockelman Henry B. Dewey Ernest S. Hayeck Christopher G. Mehne Marla Maykel Pyle Jaime Soto Jr. Alex Zequeira Denise H. Brookhouse Morgan B. Dewey John Herron Jr. Naureen Meraj Richard L. Pyle Mark Spuria Kelsa L. Zereski Denise Brotherton Ross K. Dik Honee A. Hess Peter Metz Raymond Quinlan Peter R. Stanton Robert J. Zibinskas Paula A. Brouillette James C. Donnelly Jr. Calvin Hill Katherine H. Metzger Hilda Ramirez Carolyn J. Stempler Tina Zlody John H. Budd Timothy J. Downs Emily G. Holdstein Erwin H. Miller Jose Ramirez Joseph N. Stolberg Valerie Zolezzi-Wyndham James R. Buonomo Donald Doyle Kathryn Zingg Hunter John O. Mirick Kenneth Reed Alan M. Stoll Richard Burke Francis X. Dufault Jr.* Michael E. Huppert Frederick M. Misilo Jr. Mary Jane Rein Clyde Talley * Deceased

30 Board of Directors

Gerald M. Gates Warner S. Fletcher Timothy M. Jarry Carolyn J. Stempler Joycelyn C. Augustus Jennifer Davis Carey Matilde Castiel CHAIR VICE CHAIR TREASURER CLERK Financial Consultant Executive Director, Commissioner of Health President & CEO, Stop Director, Fletcher Chief Investment President, Worcester Education & Human Services, City Loss Insurance Services Tilton Officer, College of the Carolyn & June Designs Collaborative of Worcester Holy Cross

Brian M. Chandley J. Christopher Collins Tracy A. Craig Jack L. Foley Alison C. Kenary Patsy C. Lewis Linda C. Looft Senior Vice President, Of Counsel, Partner, Vice President, Community Volunteer Nonprofit Consultant Assistant Vice President Southbridge Savings Mirick O’Connell Mirick O’Connell Government & for Government & Bank (retired) Community Affairs, Community Relations, Clark University WPI

Nadia T. McGourthy Satya B. Mitra Ann K. Molloy Hilda Ramirez George W. Tetler III Matthew E. Wally Charles S. Weiss Attorney, Dresser & President, Partner, Associate Director, Partner, Vice President Director, Strategic McGourthy, LLP The Guru Tax & Mountain, Dearborn Latino Education Bowditch & Dewey Government & Initiatives, College of the Financial Services, Inc. & Whiting LLP Institute Community Affairs, Holy Cross (retired) UniBank

31 Your Invitation to Make a Difference

BY CREATING A FUND with the Foundation, Donor Advised Funds allow you to make you improve your community in your own way— grant suggestions at your convenience to now and in perpetuity. organizations that matter to you. Philanthropy can be a complex endeavor. Scholarship Funds support post-secondary The Foundation’s comprehensive planning and education of high school graduates. administrative services and deep knowledge of the community and its needs can help you achieve Make a planned gift the most impact with your charitable investment. A planned gift can offer financial advantages Your fund fulfills your intentions, generating now while securing your charitable legacy. The grants year after year while its principal grows Foundation offers many planned giving options. as part of the Foundation’s strong, well-managed For example, you can… endowment. As a result, you extend  Name the Foundation the beneficiary of the value and reach of your philanthropy. a bequest, a trust, or a retirement fund And as a Foundation donor, you have the  Transfer a life insurance policy, making opportunity to take part in events that explore premium payments tax-deductible current and emerging issues in our community  Donate real estate as a future gift while using and volunteer on committees that review grant the property throughout your lifetime proposals and evaluate the progress of local  programs. Set up a charitable gift annuity to receive income now while benefiting your cause in Create a fund perpetuity. Establish a fund by making a gift of $10,000 or more. Choose the type of fund that suits Contact us today your interests: at 508-755-0980 Designated Funds support one or more to find out how the Leadership can take many forms, from practice organizations in perpetuity. tackling an imaginary foe to making a real difference Foundation can in your community with your vision and fund. Discretionary and Field of Interest Funds help you meet your allow the Foundation to make grants in response to pressing community needs. philanthropic goals.

32 Staff

Ann T. Lisi President & CEO

Diane S. Allain Accounting Officer Jonathan Cohen Program Officer Christopher M. O’Keeffe Vice President for Program Mark Onanian Finance Assistant Beckley W. Schowalter Scholarship Program Manager Sarah Shugrue Program Officer Kelly A. Stimson Director of Donor Services Jasmine Vasquez-Okutoro Administrative Assistant Jacqueline L. Williams Office Assistant

Contact us at 508-755-0980 or email [email protected]

Production Credits: Writer Susan Saccoccia Designer Katherine Canfield Photographer Dan Vaillancourt Production Manager Kelly Stimson Printer Kirkwood Printing

C3

OUR MISSION E D W L G E O • V N I S K I O N

• To enhance

C

O

M

M

I

T

M our community, E

N T

now and in the future,

through

philanthropic leadership.

Greater Worcester Community Foundation • 370 Main Street, Suite 650 • Worcester, MA 01608 • 508.755.0980 www.greaterworcester.org