The GMA Foundations 2008 Annual Report features highlights of our clients’ grantmaking, special initiatives, consulting and other activities.
The report includes GMA by the Numbers, which categorizes the types of grants made and provides a roster of clients.
To receive a paper copy, please call or email Mary Nicosia at 617-391-3085 or mnicosia @ gmafoundations.com.
SUCCESS STORIES
Founded in 2003, the Boston Children’s Chorus possesses a unique three-pronged mission to encourage the arts, youth development, and social healing.
With strong leadership from funders such as the Herman & Frieda L. Miller Foundation, the Chorus has become a driver of community building in a city with significant racial, socioeconomic and neighborhood tensions. Continue Reading »
Amy Segal Shorey, a senior consultant at GMA Foundations, has completed the National Center for Family Philanthropy training necessary to lead a family foundation through its Pursuit of Excellence Assessment Process.
The Pursuit of Excellence assessment process is the first such tool designed specifically for family foundations. It enables a family foundation to understand your strengths as well as areas for improvement such as legacy, vision, mission, governance, family involvement, board functions, grantmaking, fiscal oversight and foundation management.
The tool measures trustees’ views on both current operations and the foundation’s aspirations. The assessment forms a basis for the board to work with its consultant to elevate foundation practice and effectiveness.
GRANTEES IN THE NEWS
Source: The Wall Street Journal
Skip Rosen highlights Boston’s Community Rowing in an article about the current state of rowing in the United States.
Features Community Rowing, Inc., a grantee of the Clipper Ship Foundation, the Anna B. Stearns Charitable Foundation, the Hayden Foundation, and the Rutland Corner Foundation.
To read the article, click here.
SUCCESS STORIES
Two of GMA Foundations administrative clients were recently profiled as Success Stories on Smartlink:
“Needmor Fund: A Long-Term Commitment to Local Community Leadership”
“The Discount Foundation: A Small Foundation Focused on Big Impact”
The Discount Foundation and the Needmor Fund are well known for being small foundations that are nationally recognized for their leadership in the field and deep commitment to supporting community organizing in low-income communities.
Such success stories are designed to inspire other funders and connect them to Smartlink’s research, resources and tools that help donors make effective grants.
Smartlink is a project of the Community Giving Resource of the Neighborhood Funders group. The project’s mission is to attract, engage, and sustain philanthropic investment in low-income communities.
The Community Giving Resource provides educational resources, tools, and networking opportunities for individual donors and family foundations interested in learning about effective strategies for giving at the community level.
CLIENT ADVISORY
Summary: Families without wealth such as property, cash, and other investments, often get trapped on the bottom rungs of the economic ladder. Foundations can help develop asset building strategies that allow low-income Americans to save for home ownership, higher education, retirement, or a small business.