NONPROFIT GALAS INDICATE SUPPORT IS STRONG DESPITE THE RECESSION. [MassNonprofit, October 20, 2009]
It’s nonprofit gala season and initial indications show that organizations are holding their own in terms of fundraising, compared to last year, with some even increasing their ability to attract financial support. Urban Edge, Boston Children’s Theatre, and Perkins School for the Blind each held galas recently, and reported either record attendance or significant levels of funds raised.
Urban Edge Gets $100K Challenge Grant Urban Edge, a Boston-based community development corporation (CDC), which held its gala Oct. 14 to commemorate its thirty-fifth anniversary, raised $72,000 to date, with additional sponsorships expected to add to the total. The amount raised this month was similar to the amount raised last year.
Highlighting the event was the announcement of a $100,000 challenge grant from the State Street Foundation, which will be used in connection with Urban Edge’s Community Campaign and Investor Circle initiatives, launched last year. Urban Edge President Mossik Hacobian said, “The focus on education and on a new Urban Edge educational initiative attracted support from a new group of people and leaders.” >>>>>>>> READ MORE
SIX BOSTON AREA NONPROFITS GET $1.6 MILLION FROM KRESGE FOUNDATION. [MassNonprofit, October 15, 2009]
Six Boston area nonprofits received $1.6 million in grants from The Kresge Foundation, part of a nationwide program to fund human services, education, environment, arts and culture, health, and community development.
“We are trying to lead by example,” says Elaine D. Rosen, chair of the Kresge board of Trustees. “We are supporting exemplary nonprofit organizations in this time of financial hardship so they, in turn, may better serve and sustain those suffering in their communities.” >>>>>>>>>>READ MORE
