Since 1975, generous individuals, families and organizations have used the Foundation to manage their charitable giving through a named fund. The Foundation uses the income from these funds to make grants that support organizations and purpose defined by the donor.

The Types of Funds We Offer

Establish your fund in your name or in the name of your family - or let its title honor a cherished person or recognize a valued group or cause. Each grant from your fund will carry its name in perpetuity.

By creating a discretionary fund, you support the Foundation to meet immediate and emerging needs in our region. We support programs addressing all aspects of community life, including arts and culture, the environment, health, neighborhood revitalization, education, and more.

The flexibility of a discretionary fund gives the Foundation freedom to address changing conditions in our community as well as urgent priorities such as children and families in want, unsafe neighborhoods, arts programs in jeopardy, and after-school tutoring and health clinics in need of expansion.

A Discretionary Fund can be started with a gift of $10,000 or more.

For additional information visit the Frequently Asked Questions page.

The Fund Holder Portal provides secure online access to fund information, including fund balance, gift and grant history and pending grants.

Want to share this information? - download the Discretionary and Field of Interest Fund Flyer. [PDF]

You identify one or more areas of interest and leave grant selection to the Foundation. We apply your grants to programs that focus on the cause(s) you specify such as arts & culture, community development, the environment, health & human services, and youth & families.

A field of interest fund can be started with a gift of $10,000 or more.

For additional information visit the Frequently Asked Questions page.

The Fund Holder Portal provides secure online access to fund information, including fund balance, gift and grant history and pending grants.

Want to share this information? - download the Discretionary and Field of Interest Fund Flyer. [PDF]

You can endow your giving to any organization(s) that you name. Specify one or more 501(c)(3) nonprofit organizations as the recipients of annual grants from your fund and the Foundation makes the grants in the name of your fund in perpetuity. Should the designated organization cease to exist as a nonprofit charitable entity, the Foundation is authorized to select an alternate beneficiary whose service to the community is consistent with the original intentions of your fund.

A Designated Fund can be started with a gift of $10,000 or more.

For additional information visit the Frequently Asked Questions page.

The Fund Holder Portal provides secure online access to fund information, including fund balance, gift and grant history and pending grants.

Want to share this information? - download the Designated Fund Flyer. [PDF]

You take an active, ongoing role in making grant recommendations [DOC] with a donor advised fund. We can help you identify potential grantees that fulfill your charitable goals. You may also appoint successor advisors for one generation beyond yourself, and involve your children or other family members in continuing your philanthropy. You determine the ultimate purpose once the advising period ends. The Fund may become discretionary, field of interest or designated.

A Donor Advised Fund can be started with a gift of $10,000 or more.

The Fund Holder Portal provides secure online access to fund information, including fund balance, gift and grant history and pending grants. This service also provides donors with tools to recommend grants.

For additional information visit the Frequently Asked Questions page.

Want to share this information? - download the Donor Advised Fund Flyer. [PDF]

You're the expert when it comes to your business. Philanthropy is our business. Partner with us to manage your corporate philanthropy program so you can focus on what you do best.

We provide expertise and tools to help businesses like yours achieve their philanthropic goals. Our efficient, cost-effective services and expertise help you plan, oversee, and operate your corporate foundation, grantmaking, or scholarship program.

We have the acumen to simplify and design philanthropic programs for business that have a local presence and wish to give back to the Greater Worcester community.

We're here for your business at any stage of your philanthropic journey. Contact Kelly Stimson for more information.

Among our most popular funds, scholarships help our community’s high school graduates further their education. You decide the purpose of your scholarship fund and the criteria for selecting students. View our listing of scholarship funds to see what other's have created.

The Foundation handles the scholarship process from start to finish. We conduct outreach to recruit eligible candidates, accept and screen applications, and select recipients. We then verify enrollment, distribute checks and monitor student progress.

A Scholarship Fund can be started with a gift of $30,000 or more.

For additional information visit the Frequently Asked Questions page.

The Fund Holder Portal provides secure online access to fund information, including fund balance, gift and grant history and pending grants.

Want to share this information? - download the Scholarship Fund Flyer. [PDF]

A nonprofit organization can create an agency fund with the Foundation to support its operations and programs. The nonprofit gains a professionally managed endowment. The Foundation provides these services in perpetuity, enabling the organization to focus on serving its constituents.

An Agency Fund can be started with a gift of $10,000 or more.

For additional information visit the Frequently Asked Questions page.

The Fund Holder Portal provides secure online access to fund information, including fund balance, gift and grant history and pending grants.

Want to share this information? - download the Agency Fund Flyer. [PDF]

Agency Fund Agreement [PDF]

Interested in next steps regarding starting a fund? Contact a member of the Donor Services team by email or call (508) 755-0980. We look forward to helping you make a difference in our community!