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Archive for May, 2011

“Building Resumes, Rebuilding Lives”

GRANTEES IN THE NEWS

Source: The Boston Globe

The Waltham bookstore More Than Words provides troubled teens with more than an entry-level job.

Since its founding in 2004 with an initial stock of a pile of books found along a road, both the organization and program participants have experienced consistent success.

More Than Words is now poised for expansion to a second site.

To read the full article, click here.

Featuring More Than Words, a grantee of the Linden Foundation, the Ludcke Foundation and the Clipper Ship Foundation.

 

Foundation Investments 101: What You Need to Know and Why

EVENTS OF NOTE

Pamela Maksy, Financial Services Manager and Treasurer at GMA Foundations addressed the role of the trustee as fiduciary at a recent Associated Grantmakers Workshop.

She outlined what the role entails and explain how trustees can interact with their investment, tax, and legal advisors to exercise “due diligence” in safeguarding the foundation’s assets.  She also covered the basic requirements of record keeping. Continue Reading »