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Annual Report - Community Foundation of Western Massachusetts

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D O N O R D E S I G N A T E D A N D D O N O R A D V I S E D F U N D S<br />

J. G. Ferst Memorial Fund $15,021<br />

To benefit organizations in the donors’ areas <strong>of</strong> interest.<br />

George A. Giroux Fund $13,139<br />

To support Hospice <strong>of</strong> Pioneer Valley; Arise; <strong>Community</strong> <strong>of</strong><br />

Feeding Hills Grange; and the YMCA <strong>of</strong> Greater Springfield<br />

for Camp Norwich.<br />

Michael T. and Mary T. Lynch Fund for<br />

the Roman Catholic Diocese <strong>of</strong> Springfield $13,036<br />

To support the Catholic Diocese <strong>of</strong> Springfield.<br />

Northampton Bikes Endowment Fund $11,528<br />

To support acquisition and/or capital support <strong>of</strong> bicycle and<br />

multi-use trails in the city <strong>of</strong> Northampton.<br />

Simple Blessings Fund $10,619<br />

Awarded on an annual rotating basis to Yale Divinity<br />

School, Andover-Newton Theological Seminary, and Bangor<br />

Theological Seminary to provide educational debt retirement<br />

to needy students.<br />

St. Mark Mission Church Endowment Fund $10,099<br />

For the support <strong>of</strong> St. Mark Mission Church in Conway.<br />

John J. Conway Pine Grove Cemetery<br />

Endowment Fund $9,046<br />

For the support <strong>of</strong> the Pine Grove Cemetery in Conway.<br />

Beverly Jean Cass Memorial Fund $8,987<br />

To support religious education programs at the Mittineague<br />

Congregational Church in West Springfield.<br />

Ruth Freedman Leavitt Teachers Fund $8,880<br />

To benefit substitute teachers in the Longmeadow school district.<br />

Phil and Cecelie Cardone Scholarship Fund $8,437<br />

Graduating seniors from Wilbraham & Monson Academy.<br />

Ruth Bush Contrino Fund $1,810<br />

To support charities designated by the donor.<br />

D O N O R A D V I S E D F U N D S<br />

Donor advised funds <strong>of</strong>fer donors the opportunity to<br />

remain involved in grantmaking by recommending<br />

distributions <strong>of</strong> either income or principal. Donor<br />

advised funds are <strong>of</strong>ten a preferable alternative to a<br />

private foundation. Gifts to advised funds make it<br />

possible for a donor to give appreciated stock or mutual<br />

fund shares and still support multiple charities,<br />

some <strong>of</strong> which may not be able to accept such assets.<br />

They also allow a donor to take a charitable income tax<br />

deduction without making a final determination as to<br />

the ultimate charitable recipient.<br />

Unless otherwise noted, the following donor advised funds<br />

support the charitable interests <strong>of</strong> the donors:<br />

S. Prestley and Helen Blake Fund $4,030,852<br />

Albert Steiger Memorial Fund $2,293,499<br />

For scholarships, projects, and programs identified by the<br />

Distribution Committee.<br />

SIS Charitable Fund $1,591,060<br />

For charitable causes throughout western <strong>Massachusetts</strong>.<br />

Peggy and David Starr Fund $701,070<br />

Pearson Family Trust $633,047<br />

Ramona and Stephen Davis Charitable Fund $440,142<br />

Morse Fund $397,582<br />

To advance Hampshire County initiatives.<br />

Sudan Aid Fund $365,216<br />

To sustain humanitarian operations in Sudan.<br />

Alfred L. and Sally Griggs Fund $320,127<br />

Robyn and John Davis Charitable Fund $310,161<br />

Jensen Family Charitable Fund $294,711<br />

Fowler Fund $284,080<br />

To benefit charitable organizations in Holyoke and<br />

South Hadley.<br />

Armstrong Charitable Fund $214,434<br />

Albert and Amelia Ferst Charitable Fund $213,861<br />

To support Westfield community projects and programs in<br />

the donors’ areas <strong>of</strong> interest.<br />

Virginia and Earl Jahn Fund $203,279<br />

Ge<strong>of</strong>frey Lynn Memorial Fund $199,318<br />

To provide supplemental educational opportunities<br />

for gifted students.<br />

<strong>Community</strong> <strong>Foundation</strong> <strong>of</strong> <strong>Western</strong> <strong>Massachusetts</strong> 31

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