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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

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