Read Boomtown/Hometown Report Can Cambridge retain its culture of diversity and opportunity in a dynamic innovation economy? Foundation calls for an agenda for ‘Shared Prosperity’ March 1 2017 A new report by Cambridge Community Foundation charts the impact of trends in housing, education and income disparity that threaten the city’s prized culture of diversity and inclusion, even as its enviable role in a regional innovation economy drives soaring levels of prosperity. A review of relevant data raises questions about whether this growth actually benefits city residents–or whether a growing financial disconnect means many residents can no longer afford the city they live in. Fully 78 percent of current low-income households in Cambridge are “cost burdened,” spending more than 30 percent of their income on housing. Over half spend over 50 percent of total income on housing. They qualify as “severely cost burdened.” In 2015, Just 4 percent of the city’s rental housing stock was affordable for a family with two workers earning $75,000 a year in total – in a community with a median annual household income of just over $79,000. The cost of buying a home is inevitably further out of reach: just 2 percent of single-family [...]
A new report by the Cambridge Community Foundation draws attention to three powerful trends now shaping our city's future: increasing income inequality, rapidly rising housing costs and persistent educational disparities. Where are these trends taking Cambridge? Can our city-with its booming innovation economy and exceptional community assets-keep its historic commitment to social justice and create a future in which prosperity is shared across the entire community? Please join us for a community conversation on Wednesday, March 1, 2017 8:00-8:30 a.m. Breakfast and registration 8:30-8:50 a.m. Welcome and a Presentation of the Report Findings 8:50 - 10:10 a.m. A Panel of local Thought Leaders MODERATOR: Marjorie Decker, Massachusetts State Representative, 25th Middlesex District PANELISTS: Randy Albelda, Graduate Program Director and Professor of Economics, College of Liberal Arts: Senior Fellow Center for Social Policy, UMass Boston Moacir Barbosa, Director of Community Engagement, Health Resources in Action Barry Bluestone, Russell B. and Andree Stearns Trustee Professor of Political Economy, School of Public Police and Urban Affairs, Northeastern University Ronald F. Ferguson, Fellow, Malcolm Wiener Center for Social Policy and Faculty Director of the Achievement Gap Initiative, Harvard University 10:10 - 10:50 a.m. Community Table Conversation 10:50 - 11:00 a.m. Highlights and Closing FOR [...]
As we approach 2017 we want to thank you on behalf of our grantees for your energy, for giving and for your commitment to the future of Cambridge. What's coming in 2017? Save the date for the Cambridge Community Foundation Centennial Gala: March 28, 2017 - Our centennial gala will take place on Tuesday, March 28, 2017, 6-9pm, 75 Amherst Street, Building E-14, 6th Floor, Cambridge, MA, located at the MIT Media Lab. It will be a great night for Cambridge and the Foundation. Please mark your calendars! Our shared prosperity project will debut in February with our report on Cambridge - a close look at key indicators that underlie fundamental aspects of community, opportunity, and innovation. We look forward to distributing the report, and hearing your thoughts on shaping the agenda for change. A new website is on its way! 2016 Update - $1,000,000 in grants for Cambridge Reflecting our grantmaking strategy, we continue to respond to the community for urgent need, innovation, and to provide essential support for the nonprofits that bring hope, opportunity, and high demand services to city residents. We have streamlined our grantmaking process, and now offer grants for our community fund and strategic initiatives. [...]
As the Cambridge Community Foundation prepares to begin its second century, it has reimagined its offices at 99 Bishop Allen Drive as a convening space for local nonprofit organizations, grown its staff to meet the challenges of life in the 21st century – and created a new logo to encapsulate its identity. “We wanted a new emblem to capture key elements of our vision – a vibrant, diverse and inclusive city with a culture of giving and opportunity for all,” said Richard Harriman, board chairman of the Foundation. “We thought about the variety, complexity and sheer intensity of Cambridge and reached for those qualities.” The Foundation was established in 1916, making it one of the oldest community foundations in the country. The only foundation with the whole city of Cambridge in its purview, it is a key supporter of nonprofit organizations, distributing $1.2 million in grants in 2015 to meet local needs and support the aspirations of Cambridge residents. The Foundation provides advocacy and civic engagement support to deal with urgent local challenges and partners with donors to provide a permanent source of charitable funds for the community. “Logos are a challenge, but this was fun to imagine,” said [...]
A grant from the Cambridge Community Foundation is sending 220 CRLS students to take part a conversation with noted playwright/performer Anna Deavere Smith that draws from her new work Notes from the Field: Doing Time on Education at the American Repertory Theater (ART). The work drills down on what has been called the school-to-prison pipeline, a system in which students of color are punished, removed from classrooms and sent into the juvenile justice system in far larger numbers than their white peers. The students will have a chance to take part in a “talkback” with the author, who has earned a national reputation for her works, which create dramatic explorations of topical issues drawing on people’s testimony. A matinee on September 14 will include the performance and post-show.
Foundation President Geeta Pradhan is working on a report that will gather together challenges facing the Cambridge community as well as the remarkable resources available here, developed by the City of Cambridge and other agents in a city rich in information and expertise. A key partner in the report is Metropolitan Area Planning Council, a leading regional agency created to promote smart growth, healthy communities and an informed public in the 100-plus cities and towns of Metropolitan Boston. The essential theme of the report is the idea of Shared Prosperity. The small scale of the city and the depth of talent, a tradition of creativity and innovation, and high levels of civic engagement suggest great opportunity to position Cambridge for success. Stay tuned for the report, which will be released at a forum later this fall.
A public forum about building pathways into the regional Innovation Economy for local youth and older workers drew a capacity crowd to the Kendall Square Marriott in April. In response, the Cambridge Community Foundation plans a series of conversations to act on ideas surfaced at the forum. The original event was hosted by the Foundation, with partners including Just-A-Start Corporation, Kendall Square Association, Metro North Regional Employment Board, SkillWorks and the City of Cambridge, including The Agenda for Children and the Cambridge Expanded Learning STEAM Network. Sponsors lined up to support the gathering, including Akami, Biogen, Cambridge Center for Adult Education, Cambridge College, Cambridge Nonprofit Coalition, Cambridge Public Schools, the Cambridge Science Festival, Cambridge Innovation Center, Google, Harvard University, JPMorgan Chase & Co., Lesley University, Boston Marriott Cambridge, MassCan, Microsoft, MIT, New England Venture Capital Association, Novartis and The Woodrow Wilson National Fellowship Foundation. The conversations, described as ‘salons,’ will bring together interested people from the different sectors among the partners and sponsors to follow up on ideas about ways to create greater opportunity by better connecting the community to the extraordinary and dynamic economy that is centered in Kendall Square.
Beth Milkovits, chief wealth strategist for Boston-based Atwater Wealth Management, was elected to the board of directors of the Cambridge Community Foundation at its quarterly meeting in September. At Atwater, she creates wealth strategies for clients that integrate elements of philanthropic, tax, and estate planning, and shapes the strategic vision of the firm. Atwater is a comprehensive wealth management firm providing investment management and comprehensive planning. Earlier, Milkovits was vice president at Eaton Vance Investment Counsel where she coordinated specialized planning services and was responsible for business development and marketing. She is a former director of development at the Boston Foundation. A Cambridge resident, she is a member of the board of the Cambridge YWCA, currently serving as chair-elect. Milkovits is also a member and former president of the Boston Business Associates Club. She is a member of Boston Estate Planning Council and the Financial Planning Association of Massachusetts. A graduate of Colby College, she has been an instructor at Northeastern University in the Master of Science in Taxation Program. “Beth brings great professional strengths and personal qualities to the Foundation board,” said Richard Harriman, chairman of the Board of Directors. “A high-energy leader with an instinct for collaboration, [...]
Rev. Lorraine Thornhill was elected to the board of directors of the Cambridge Community Foundation at its quarterly meeting in September. She is the first female pastor of the First Holiness Church, Cambridge. Prior to that she worked for seven years in the role of psychotherapist for Bentley College in Waltham, MA. “I am delighted to be offered this opportunity to serve the Cambridge community in this new role ” said Rev. Thornhill. “The Foundation has a long history and a unique role to play, connecting people, raising issues of common concern, and supporting the important work undertaken by local nonprofits.” Rev. Thornhill currently serves as the president of the Cambridge Black Pastors Alliance. She is also one of three chaplains commissioned to serve in the Cambridge Police Chaplaincy Program, the first program of its kind in Massachusetts, and serves as a commissioner for the City of Cambridge’s Human Services Department and as vice-chair of the Cambridge YWCA. Rev. Thornhill is the founder of Higher Heights, LLC, a life-coaching business. “Lorraine Thornhill is a wonderful addition to the Foundation’s board board,” said Richard Harriman, chairman of the board of directors. “Her many leadership roles illustrate her deep personal and [...]
A civic leader of great compassion and wide reach, and an ardent supporter of the Cambridge Community Foundation, Ellen Moot died in Chocorua, N.H., on September 3, 2016. “Ellen was involved in everything in Cambridge,” said Patricia Pratt, who herself served 13 years on the Foundation board with a 12-year stint as president. “She knew so much – so she ran the distribution committee.” After years of helping to shape the Foundation’s grantmaking work, Ellen finally stepped down in May of 2001 after serving for 18 years. Made an honorary board member at that point, she accepted her new status as a professional opportunity – and continued to attend board meetings and contribute from a seemingly bottomless fund of knowledge and compassion. “In spirit and in deed, she shaped the Foundation,” said Robert Hurlbut, longtime executive director of the organization, who retired in 2015. “She urged me to join it after I retired as headmaster of the Park School. Her knowledge of Cambridge and of the nonprofit organizations that served it and contributed to the qualities that make this city so special was truly inspiring.” Her engagement with the Foundation has continued. “I was delighted to meet Ellen earlier [...]