BNY Mellon Provides Capacity-Building Grants to 10 Boston-area Nonprofits
"Nonprofits' resources are increasingly stretched thin and often they face the challenge of providing critical services to people in need without the benefit of the latest technologies," said Joanne Jaxtimer, Regional Executive of New England and Co-Head of Global Philanthropy for BNY Mellon. "Operating support helps to bridge the gap in budgets, allowing nonprofits to upgrade their technology and resources and run more efficiently. Through the generosity of The Eugene F. Fay Trust, we can enable nonprofits to focus on their missions and achieve their organizations' social goals."
The 2015 Eugene F. Fay Trust Mini-Grant awardees are:
- Asian American Civic Association – To convert and load legacy data into its new database, Efforts to Outcomes, which will allow AACA to better serve additional clients and track individual outcomes.
- Boston Chinatown Neighborhood Center – To purchase and install a new wireless router and firewall system, which will increase BCNC's efficiency, allow staff to spend more time on direct programming and enable BCNC to focus more on serving its clients.
- Ethos – To develop a three-year strategic plan for its Boston Money Management Program.
- FamilyAid Boston – To provide professional developmental trainings for newly promoted managers and support for high-performing management staff in the organization.
- Horizons for Homeless Children – To enable Family Advocates to participate in developmental trainings to better equip them to assess and coach families and help them access services on their way to becoming independent.
- Irish International Immigrant Center – To purchase technology and office furniture items that will streamline its operations and provide a more confidential and accurate process for meeting with and serving clients.
- Lovin' Spoonfuls – To create a series of video-recorded workshops based on its existing trainings that focus on nutrition, food preparation and food storage, which will allow Lovin' Spoonfuls to reach a greater number of constituents and share more healthy food preparation and storage information.
- Project Just Because – To support a technology upgrade that includes computers, software and a printer to help the organization's efficiency, as well as to hire a marketing consultant to increase its fundraising capacity.
- Respond, Inc. – To support Respond's creation of innovative and inventive marketing materials to attract and retain new donors, helping it to strategically grow and serve more survivors of domestic violence.
- YMCA Training, Inc. – To replace worn equipment, better utilize its space and increase the effectiveness of its workforce development training program.
In selecting grantees, BNY Mellon, as trustee, selects programs and initiatives that fit the Eugene F. Fay Trust's purpose of supporting charitable organizations in Massachusetts. In doing so, it leverages the company's philanthropic knowledge and experience in providing basic needs and workforce development opportunities to those in need.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2015, BNY Mellon had $28.6 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).
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