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Cummings Foundation Awards $15 Million In Grants

Uncategorized May 21, 2019

The Cummings Foundation has announced grants totaling $15 million to fifty nonprofits through its Sustaining Grants program.

Sustaining Grants winners were selected primarily by a 46-member volunteer committee.

“We hope this decade-long commitment allows you to think bigger, to plan for the future, and—perhaps most importantly—to dedicate more of your resources to actually providing services rather than raising money for them,” said Joel Swets, executive director of Cummings Foundation.

Cummings Foundation has awarded $250 million to date in Greater Boston alone, and it will award an additional $10 million in June, when it announces the winners of this year’s ”$100K for 100″ program.

One of the three largest private foundations in New England, Cummings Foundation aims to give back in the areas where it owns commercial buildings, all of which are managed on a pro bono basis by its affiliate, Cummings Properties. Founded in 1970 by Bill Cummings of Winchester, the Woburn-based commercial real estate firm leases and manages 10 million square feet of space, the majority of which exclusively benefits the Foundation.

Read the full press release here

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