The Impact of the Community Foundation Of Western Massachusetts


Foundation: Barr Foundation, Community Foundation of Western Massachusetts

credit:

The Community Foundation of Western Massachusetts is one of hundreds of community foundations in the United States that help those in need. It brings together organizations, people, and institutions from all over the 413 and links those constituents, as well as contributors, with resources and opportunities to help them succeed. In order to enhance the quality of life for everyone in the Valley and to generate opportunity and equality for all, the organization's objective is to Individuals, rather than huge corporations, provide the majority of the foundation's donations. The Community Foundation had recently finished the formulation of a new strategic plan, which was being implemented immediately.

The agency reached out to charitable organizations and public officials in the region to identify areas of need. It optimized its grant-funding procedure in order to be able to respond to applications more swiftly and efficiently. As a consequence, grant money more than quadrupled in comparison to a normal year prior to the epidemic. It has been determined that the Community Foundation of Western Massachusetts will be a Difference Maker in the year 2022. Listening has long been considered to be one of the most crucial characteristics of a good foundation.

Beyond just listening, it has taken action in a variety of areas, but particularly in education and the needs of local kids. "We're moving away from being transactional and just passing over a cheque to someone," says the CEO. Overall, the Massachusetts Community Foundation's donations to the community in fiscal year 21 reached $24.6 million, with a total of 1,668 contributors contributing to this amount. In addition to grants, $1.8 million in scholarships and interest-free loans were awarded to 848 students, totaling $16.7 million in grants and $1.8 million in scholarships and interest-free loans. In addition to scholarships, "we're looking into what kinds of mentoring and support can help individuals cross the finish line," Zobel explains. "We're not only looking into scholarships, but also looking into what kinds of mentoring and support may help people cross the finish line."

ValleyCreates, an initiative of the Barr Foundation, seeks to bring together the arts and creative communities in Franklin, Hampden, and Hampshire counties in order to foster collaboration. A large number of $1,000 grants have been issued, many of which have been paired with coaching and business-resiliency webinars. Nicole Bourdon points out that the bulk of arts groups in our area are rather tiny, with extremely little resources at their disposal. According to her, there is a genuine need for capacity assistance. Given that Western Massachusetts does not have as many big foundations or private philanthropy as the eastern half of the state, attracting greater financing from outside of the region is vital to its success.

Approximately 60% of students graduate from four-year universities, whereas just 25% graduate from two-year colleges, according to a recent research. Nursing students who are close to completing their degree but must withdraw because they cannot afford to take license examinations are one example. According to Packard, "We're not only looking at scholarships, but also into what sorts of mentorship and assistance will help folks cross the finish line." According to Royal, the foundation's work to investigate challenges connected to college completion has been crucial in continuing attempts to determine the path of scholarship programs. Data is continuously being collected, and solutions are continually being developed, in order to increase graduation rates.

She believes there is unfairness in society and the charitable landscape of Western Massachusetts, and she wants to do something about it. Hurst: "I often see what is lacking and where the gaps are, as well as what we aren't doing."

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Tampa Bay Innovation Center Names Startups for Spring Accelerator Program

The Tampa Bay Innovation Center is kicking off its spring accelerator program, and it's got eight startups on its list. Among them: AgWise, which focuses on the climate impact of agriculture's...more

Impact Pioneers Network Accelerates Growth for Filipino Impact Enterprises

A "first-of-its-kind impact investing network" in the Philippines is putting its money where its mouth is, in the form of collateral-free loans to women-led social and environmental...more

Ai for Ias: How Artificial Intelligence Will Impact Investment Advisers

"It is simply not good enough that, for many advisers, their understanding of AI is that information goes into a black box,'magic happens' and something comes out." So said the outgoing director...more

Impact Investment Strategies Unveiled in New Genconnectu Course by Vegtech ...

"The future is green, and it's ours to invest in." That's the takeaway from Elysabeth Alfano, CEO of VegTech Invest, who is offering an online course on "Impact Investing with Plant-based...more

Women of Impact: Alba Forns and Solar-Financing Platform Climatize

"Without actively looking for it, I came across a problem to solve, a powerhouse co-founder and an idea worth pursuing, so I decided to go for it," Alba Forns tellsEquities News. Forns is the...more

Positioning Kenyan Livestock Sector for Impact Investment

It's no secret that Africa's livestock industry plays a big role in the region's economy. In fact, the demand for livestock products is expected to grow by 50% by 2030, notes Business...more

El Rito 2024 Spring Arts Festival May 18-19

The New Mexico town of El Rito has been named one of America's 10 most livable cities by Time. The honor goes to El Rito for the third year in a row, thanks in large part to the work of its...more

Undergraduate Research Week Poster Competition Winners Announced

"This research pushed me outside my comfort zone and forced me to interact first-hand with hard truths about what social media is being used for in the modern day," Daisy Rehbock writes in her...more

Decision Reversed: Fair Park Ceo Put on 45 Day Paid Leave as Board Evaluates Performance

The CEO of the nation's second-oldest civic monument has been ousted over allegations of financial impropriety at Dallas' Fair Park, the Dallas Morning News reports. On May 1, Brian Luallen...more

An Evening Worth Its Weight in Art!

Quebec City's Mus ? 'e des beaux-arts du Qu'bec museum is getting a major boost from a single man. Michael Audain, chairman of the Jean Paul Riopelle Foundation, has pledged $10 million toward...more






John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders