THEN: The Jeppson Memorial Fund was first established on December 31, 1945, by George Jeppson, his wife, Selma, and their children: Britta, Betty, and John. Before its transfer to the community foundation, the fund had already made $3.1 million in grants to Worcester County nonprofits.
In order to ensure the assets would be preserved and that income from them will continue to be used for the good of the community, John Jeppson and family transferred $1.3 million to the community foundation shortly after it was established, marking the Foundation's first major gift and creating the designated Jeppson Memorial Fund.
NOW: The Jeppson family stayed connected with the Foundation over the years, growing its designated Jeppson Memorial Fund and creating two additional funds: the Jeppson Memorial Community Fund (a discretionary fund renamed in honor of John once he passed in 2013) and the Jeppson Memorial Fund for the Town of Brookfield.
Combined, these funds make up more than $5 million in assets and have granted close to $5 million back to the community, supporting the nonprofits and towns near and dear to the Jeppson family.