b'There is so much to love about our city the rich diversity of cultures and ages, the sense of possibilities, the compassion of our community. Cambridge is a growing economic and innovation powerhouse that attracts smart, accomplished people, and its a wonderful place to live. But cities change, and as our economy booms, our city is experiencing unintended and undesirable consequences: escalating real estate costs, the displacement of artists and nonprofits, increases in evictions and homelessness, the loss of the middle class, and intense stresses on those striving togive their kids a real chance for a better tomorrow. The Cambridge Community Foundation was created 103 years ago by Cambridge residents, forCambridge residentsto preserve what is great, to address what isnt working, and to ensure thatsocial equity and cultural richness thrive for us all. In todays world doing work with this kind of impact requires collaboration and partnerships across boundariesamong the Foundation, city government, universities, businesses, our nonprofit partners, citizens, and donors. And it requires resources. The stories in these pages are a testament to important work made possible by your contributions, for which we are deeply thankful. Youll read about our convening of civic leaders to catalyze collective action, our support of our nonprofit partners on the front lines of change, and our encouragement of the next generation of social innovators. And theres so much more that we do, working together every day. You are helping to build a stronger Cambridge today and for the future. We thank you and ask for your support to further uplift Cambridge as the shining beacon of shared prosperity, social equity, andcultural richness that we know it can be.Sincerely,Geeta Pradhan, PresidentRichard Harriman, Board Chair L E T T E RPhoto by Allegra Boverman3'