The Permanent Fund for Boston
What Will You Be Doing in 100 Years?
In 1917, a Boston businessman named James Longley left a large bequest to the Permanent Fund for Boston. It was so large that it made Greater Boston’s community foundation the first in the country to make grants.
Today, he is helping Boston Public Schools graduate Elisio Depina fulfill his dream of a college education through an initiative called Success Boston, which receives major support through the Foundation’s Permanent Fund for Boston.
Like James Longley, many others have wanted to give Greater Boston’s community foundation the ability to respond nimbly to the most critical needs of the future so they placed no restriction on the way their gifts could be used – or they defined their gifts very broadly to give the Boston Foundation flexibility in its grantmaking. Due to their generosity, the Permanent Fund has helped to launch some of the most important nonprofit institutions in our community, including the New England Aquarium, Action for Boston Community Development, The Greater Boston Food Bank, WGBH and numerous others.
Help Us Build the Permanent Fund
To mark its 100th Anniversary in 2015, the Boston Foundation is reaching out to our
Donors and others to strengthen the Permanent Fund for Boston, which supports all of our grantmaking in Greater Boston. Our goal is to raise $100 million in legacy gifts by 2015 – resources that will be used in perpetuity by the Boston Foundation to strengthen the Greater Boston community.
Although its impossible to predict Greater Boston’s future challenges, we can help you create a lasting legacy that will be used to meet the most relevant needs facing Greater Boston in the future. The Boston Foundation has many ways that you can create a legacy gift to the Permanent Fund for Boston as part of your estate planning and we can work with you as you decide which type of gift is most suitable for you, your heirs and your philanthropic goals.
Several ways to participate are by:
We Invite You to Join Us
The Boston Foundation has many ways to incorporate planned and legacy giving into your estate plan to benefit the Permanent Fund for Boston. We can help you decide which type of gift that is right for you. You can create a named fund through a flexible, unrestricted gift or direct your gift to an issue or population or cause you care about deeply.
Investing in the Future
Make a permanent gift to Boston’s primary endowment with confidence that it will always be used to meet the most urgent needs facing Greater Boston.
For more information about helping us build the Permanent Fund for Boston, call the Development Office at 617-338-1700.
Ways to give to the Permanent Fund for Boston include: bequests, retirement plan and life insurance gifts, charitable remainder trusts, charitable lead trusts, and charitable gift annuities.