Monthly Archives: February 2020

February 2020

Cambridge celebrates 20 Cultural Visionaries

2021-03-10T17:02:05+00:00February 27th, 2020|Cultural Richness, philanthropy, Press Release|

We honor and remember Elsa Dorfman and Tunney Lee, two of our Cambridge Cultural Visionaries who passed away last year. **The We are Cambridge Celebration is now a virtual gathering on March 11, 2021. Join us.** The Cambridge Community Foundation focuses on the city’s cultural richness CAMBRIDGE, MA | Published: February 27, 2020 | Updated: January 28, 2021 The Cambridge Community Foundation has named 20 exceptional artists and creators as Cambridge Cultural Visionaries, recognizing, for the first time, a diverse and talented group of individuals who have had a major impact on the cultural richness celebrated in Cambridge and beyond for over half a century. In their honor and in recognition of the community’s commitment to safeguard the arts in our city and spark creativity of future generations, the Foundation will launch a new Cultural Capital Fund and honor the arts at its We are Cambridge celebration (rescheduled for March 11, 2021; register here to join). Cambridge has been shaped by dreamers and visionaries throughout its history. A city of ideas and solutions, Cambridge boasts a long list of imaginative thinkers, writers, artists, innovators, and entrepreneurs who continue to call Cambridge home. The Cambridge Cultural [...]

Nonprofit partners promote artistic healing, wellness, and expression

2020-02-24T14:54:42+00:00February 24th, 2020|Cultural Richness, Grantmaking, Nonprofit Spotlight, philanthropy, Press Release, Programs|

At the Cambridge Community Foundation, we are committed to fostering the arts in our community, both as an investment in our fascinating cultural landscape and as an outlet for enrichment, wellness, and healing for our neighbors. A city that champions equitable access to its thriving artistic and cultural infrastructure builds a community in which everyone can nurture their creative voice and gain healing and agency through artistic expression. This month, we’re featuring four of our nonprofit partners who are performing vital artistic ministries in our community, enabling those at risk to find wellness and healing through the power of the creative process: Tunefoolery, The Dance Complex, Shelter Music Boston, and Urbanity Dance. Since their founding in 1994, Tunefoolery has empowered musicians recovering from mental health issues to showcase their work at over 150 events each year. Under their organizational umbrella, Tunefoolery runs a youth Education Outreach Program about mental health issues, sponsors holistic retreats for working musicians, and provides jobs and professional recording space for artists. Powered by the Cambridge Community Foundation: Tunefoolery has been a partner of the Foundation since 2005. Most recently, a $2,000 grant in Fall 2019 helped fund Tunefoolery's Music Education [...]

Don’t call us a bubble: We are Cambridge

2020-02-21T20:10:28+00:00February 21st, 2020|Civic Leadership, Community Needs, Innovation Economy, philanthropy, Press Release, Shared Prosperity, Social equity|

Photo of HONK! parade passing through Porter Square in October 2019 The LA Times recently ran an article called “Wealth and struggle in a liberal bubble that Elizabeth Warren calls home.” The article captured the strengths and weaknesses of our city, which is experiencing stresses similar to San Francisco and other innovation cities. These complex issues of income inequality, housing and homelessness, and traffic gridlock are taxing urban innovation centers to the breaking point. We need national, regional, and local solutions. And Cambridge isn’t sitting on its laurels waiting for the bubble to burst, nor is it losing its soul. Cambridge is a responsive, compassionate city, fiercely protective of its shared values of kindness, diversity, inclusion, and creativity. Yes, our economy is booming, and with that comes unintended consequences. Our rapidly rising real estate values and a shortage of low- and middle-income housing mean more than half of our residents struggle to find affordable homes. One in seven residents lives in poverty. One-third of our public school students of color are unprepared to pursue the jobs our city offers. One out of 10 Black and Latinx households has no internet yet every major tech company has a presence in [...]

How to support your favorite nonprofits with a donor advised fund

2020-12-02T21:04:25+00:00February 18th, 2020|philanthropy, Press Release|

"Nonprofit Row," home to the Foundation and nearly a dozen other Cambridge nonprofits. Giving is an impactful way to benefit your community, but it’s important to consider how you give. There are numerous ways to support local nonprofits. From an unrestricted gift of cash, to buying tickets for an annual gala, to opening a donor advised fund (DAF). A donor advised fund is one charitable giving vehicle that can stretch your dollars further and maximize the impact of your donation. DAFs have been gaining popularity in recent years and are a wonderful way to support nonprofits you care about. What is a donor advised fund? A DAF is similar to an investment account with the sole purpose of supporting charitable organizations that are important to you. Assets contributed to a DAF do not have to solely be cash. Individuals may contribute publicly traded securities, bitcoin, real estate, mutual fund shares, and certain complex assets (such as privately held C-corp and S-corp shares). Your donation will then grow in your account tax-free based on your investment preferences. The assets accumulated in a donor advised fund can be used to support virtually any charity that is qualified by [...]

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