2007 Annual Report - Greater Worcester Community Foundation

Donors and Funds
Services to Donors
The Foundation’s comprehensive planning and
administrative services help individuals, families and
organizations articulate and fulfill their charitable and
financial goals.
We offer donors power and flexibility in charitable giving
without the paperwork, time and expenses associated
with running a private foundation. And donors benefit
from the Foundation’s sophisticated investment program
which preserves capital during tough times, extending
the longevity, value and reach of their contribution both
now and in the future.
Giving Now
We welcome gifts of any size from a broad range of
assets, including cash, publicly traded securities, closely
held stock, real estate, life insurance, tangible personal
property and private foundation holdings.
Donors can make a gift to any of our existing named
funds or, with a gift of $10,000 or more, establish a fund
to create a personal legacy. Donors receive the maximum
tax benefits allowed by law and the assurance that their
intentions will be honored in perpetuity. Donors and
their families are encouraged to continue giving to the
fund to help it grow even more and increase its earnings
potential.
Planned Giving
Donors can make a gift that benefits the community
after their lifetime by:
• A gift through their will
Benefiting Our Community
Grants are awarded from the named fund to support
nonprofit organizations in accordance with donor wishes.
And as institutions and needs evolve over time, we have
the flexibility to adapt and to continue to fulfill their
long-term charitable goals.
The Foundation provides an online tool to our donors
and advisors, DonorCentral, which allows fund holders
to securely access their fund balances, grant activity
and gift history; and, in the case of donor-advised funds,
recommend grantees.
Donors have the opportunity to learn more about current
and emerging issues in our community, including guided
visits to nonprofits that are grant recipients, focused
investment information sessions, and other donor
appreciation events.
14.0%
12.0%
10.0%
8.0%
6.0%
4.0%
Endowment Investment Performance
Net of Investment Fees as of December 31, 2007
• Naming the Foundation as beneficiary of Individual
Retirement Account assets
• Transferring a life insurance policy to the Foundation,
making premium payments tax-deductible
2.0%
0.0%
1 YR 3 YR 5 YR 10 YR
• Donating retained real estate as a future gift while
using the property throughout their lifetime
• Setting up a pooled income fund, charitable gift
annuity or charitable remainder trust that pays income
now and later supports the donor’s philanthropic goals
To find out more, we invite you to call us
or visit www.greaterworcester.org
Greater Worcester Community Foundation • 07 ANNUAL REPORT
29