This Month's News & Updates


As you're planning your year end gifts, Greater Worcester Community Foundation can help turn your Individual Retirement Accounts (IRAs) into tax-saving charitable gifts. Extended tax benefits allow more people to experience the joy of giving during their lifetimes. The IRA rollover program allows people age 70 1/2 and older to make direct transfers totaling up to $100,000 per year to qualified charities such as GWCF. Amounts given this way count toward the required IRA minimum withdrawal amounts for the year of the gift. If you would like more information about the IRA rollover program, click here.
SSummer Education Initiative Report 

One of GWCF's major initiatives is tackling "Summer Learning Loss" describing the phenomenon whereby children lose a significant amount of what they've learned during the school year. It's especially tough on low income kids, who can lose up to 2-3 months' worth of learning. Even worse, the effects are cumulative and can put children at a significant, and possible permanent, disadvantage. The Summer Literacy Initiative (funded by GWCF, United Way and others) expanded again this past summer. Family Services of Central Massachusetts operates the program at 15 summer camps in partnership with eight nonprofit partners and three Recreation Worcester parks, with data support and additional literacy coaches provided by the Worcester Public Schools. You can find out more, by reading the Initiative's 2016 preliminary report here.

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Investment Luncheon

The annual GWCF Investment Luncheon took place on Tuesday, November 1 to discuss the organization's investment structure and recent performance. GWCF invests its funds in a commingled pool designed to preserve and grow principal over the long-term. As of September 30, 2016, the total Greater Worcester Community Foundation investments is $137,163,946. To learn more about the investment structure for GWCF, click here.
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The day after Thanksgiving is the beginning of the holidays. As the hustle and bustle of one of the biggest shopping seasons of the year begins, it's important that we also celebrate the act of gen erosity and kindness towards one another. The season of giving is a time for nonprofits a n d charities - along with individuals, small busines ses and corporations -  to take a break from the busy retail seaso n and instead, take a moment to celebrate the true meaning of the holidays: giving back to those in need. At Greater Worcester Community Foundation, we are proud to be a part of the passion behind the season of giving. We invite you to join the movement and celebrate what the holidays are all about with GWCF.
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Worcester Teens Connect at Conference
 


Entering its 17th year, Youth for Community Improvement (YCI) has engaged more than 180 teens from diverse ethnic and economic backgrounds. On the Sunday before Thanksgiving, YCI joined Youth Philanthropy Connect (YPC) and other local programs for the New England Youth Philanthropy Gathering: YPC's Fall Gathering and the second Massachusetts Youth Philanthropy Summit. YCI members, along with other youth philanthropists, enjoyed an incredible experience and learned life skills such as evaluating proposals and building consensus among peers. After having attending the Youth Philanthropy Gathering, members of YCI are more confident than ever on how to work together as a team to do something great for their community.



GWCF has an active and growing social media presence, particularly on Facebook. In the past two years, we have grown our Facebook audience to nearly 2,500 active and engaged followers! Be part of the conversation and like us today! We're also on Twitter, Linkedin, Youtube and our YCI program even has it's on Instagram page. Click on the platform below to like us today!

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We use our blog as a way to engage with you to create an ever more vital and prosperous community and region, where opportunity is extended to everyone. Click here to read our latest blog post. 

Questions? Comments? Contact our Director of Donor Services , Kelly Stimson. Call 508.755.0980  or email at kstimson@greaterworcester.org