2008 Annual Report - Greater Worcester Community Foundation
2008 Annual Report - Greater Worcester Community Foundation
2008 Annual Report - Greater Worcester Community Foundation
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Grantmaking<br />
<br />
<strong>Greater</strong> <strong>Worcester</strong> <strong>Community</strong> <strong>Foundation</strong> awards<br />
cash grants to nonprofit organizations that serve the Central<br />
Massachusetts communities in the areas of arts and culture,<br />
community development, education, environment, health,<br />
and human services.<br />
Each year, the <strong>Foundation</strong> awards more than $2 million<br />
in discretionary and committee-advised grants through<br />
a competitive process. Ranging in size from $250 to more<br />
than $30,000, these grants support programs, operations,<br />
and organizational improvements. Our web site has details<br />
and application forms.<br />
<br />
board’s distribution committee awards such grants twice<br />
a year. Groups appointed by the donor or the <strong>Foundation</strong><br />
board make committee-advised grants, which target defined<br />
goals. Find out about these groups and their grantmaking<br />
priorities on our web site.<br />
<br />
of donors or their designated advisors, who make grant<br />
recommendations throughout the year.<br />
<br />
endowment funds created by their boards or supporters.<br />
Grants may fund general operating costs, special projects,<br />
capital expenditures, or emergency needs.<br />
More than 90 named funds are designated for scholarships to<br />
college-bound residents of Central Massachusetts. Each year,<br />
the <strong>Foundation</strong> awards more than $500,000 in scholarships<br />
that vary from $250 to more than $6,000. Candidates<br />
submit just one application (available on our web site) to be<br />
considered for all scholarships that suit their qualifications.<br />
We accept applications throughout February and March.<br />
T <br />
<strong>Greater</strong> <strong>Worcester</strong> <strong>Community</strong> <strong>Foundation</strong> 08 ANNUAL REPORT 23