June 2013
Collaborate Boston
Global Giving
Resources for Advisors
For the Love of Dogs
New Branding Campaign
One Fund Boston
Philanthropy in the News

Collaborate Boston 

 

Community and civic leaders gathered in Roxbury on May 30 to celebrate the two collaborations that each won $50,000 in the inaugural Collaborate Boston competition. This year's focus was improving the lives and futures of black and brown boys and young men in Roxbury, Dorchester and Mattapan. 

  

  "We know that young men of color are facing some unique challenges,"said Travis McCready, Boston Foundation Vice President for Program, noting that more than 70 teams applied for the grants. "But we also know that they are resilient, smart, capable, creative and resourceful - we need to find a way to unlock that potential."  

 

The two winners, Black and Latino Boys at the STEM of Success and the Codman Square Brotherhood Project, made presentations about their planned projects during an evening reception.

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Global Giving: 
What Advisors Need to Know
 
Haitian women learn skills and earn income in a sewing cooperative supported by the Boston Foundation's Haiti Fund.
 

International giving is the fastest-growing sector in philanthropy, rising by 15 percent between 2009 and 2011 to $22.68 billion-or 8 percent of all U.S. philanthropic dollars, according to Giving USA. Sending aid around the globe, however, poses special challenges for donors and their advisors.


"People are used to writing checks," says Laura Barooshian, a CPA and partner in the Private Clients division of DiCicco, Gulman & Co. "The complexity is that if you want to accomplish something overseas, either as an individual or through a fund or foundation, you can't just write the check and receive a tax deduction."

 

That's because Donor Advised Funds and private foundations must follow a fairly complex process to make grants to organizations that haven't been declared public charities by the U.S. Internal Revenue Service. To make grants directly to a charity abroad, the fund or foundation must perform the due diligence necessary to certify that the organization is essentially the equivalent of a U.S. 501(c)(3). There are also Patriot Act requirements designed to prevent charitable contributions from flowing to groups that are in any way linked to terrorist activities.   
 
"I can't stress enough how complex international development is," says Simon Delekta of the Center for Global Philanthropy at The Philanthropic Initiative (TPI) an operating unit of the Boston Foundation. "There are so many considerations that if you go and find a grassroots organization that's not a U.S. 501(c)(3), it's really important to have someone help you if you're not an expert yourself." Read more

 

Resources for Advisors

 J. Linzee Coolidge 

For the Love of Dogs. And Gloucester. 

 
 J. Linzee Coolidge

A small painting of J. Linzee Coolidge's boyhood dog, a Black Lab named Dusky, hangs in the lobby of the new Christopher Cutler Rich Animal Shelter in Gloucester. It's a modest tribute to the companion who sparked the retired real estate investor's lifelong interest in animals. And it's a recognition of Mr. Coolidge's generosity in making  major gifts to support the construction of the building where Cape Ann Animal Aid can now care for as many as 130 homeless dogs and cats.  

 

"We are truly blessed, not just with Linzee's support, but with the enthusiasm he has for our cause," says Sunniva Buck, who as executive director is used to seeing Mr. Coolidge puttering around the grounds of the 7,500-square-foot shelter. "We'll see him out there working on the trails, keeping them clear so the animals and volunteers can walk through and not get caught up in the bramble. He's somebody who's involved in his charities on all levels. It's not just writing a check."

 
Mr. Coolidge, a Boston Foundation donor who is a descendant of Thomas Jefferson, supports many worthy causes in and around Gloucester, a seafaring city of almost 30,000 people where he lives with his wife Elizabeth. Since moving from nearby Manchester-by-the-Sea 15 years ago, Mr. Coolidge has become involved with many initiatives in his new hometown.  Read more.

Foundation Launches New Marketing Campaign

 
The Boston Foundation has launched a marketing campaign on WBUR-FM and in The Boston Globe to raise public awareness of the Foundation as an institution that manages charitable assets and helps donors achieve greater impact through philanthropy.

 

While the Foundation has become well-known for its achievements in public policy, civic leadership and grant making, its role as a charitable asset manager has been less visible. Quarter-page ads will appear on the Op-Ed page of the Globe on Tuesdays and Thursdays in June and September, while 20-second radio spots will be heard on WBUR at least five times each weekday and several times on Saturday during those months. Print and radio ads will also run October through December. Easy access to more information about the campaign and the Foundation's work with donors can be found at

 

Foundation and Donors Give Nearly $1 Million to the One Fund

   

 Since the bombing, the Foundation and its donors have contributed $916,068 to the One Fund Boston, established by Mayor Thomas M. Menino and Governor Deval Patrick to aid those injured in the bombings and the families of those who were killed. Boston Foundation President and CEO Paul S. Grogan presented a ceremonial check for the total amount to One Fund officials on June 6.

Philanthropy in the News