Frequently asked Questions

How does The Fund for Wellesley work?
As an endowed fund, it is a permanent, steady source of funding. Each year, spending is limited to a designated percentage of the fund, leaving the rest to build for the future. Distributions keep pace with new and emerging needs, as well as address social, cultural, environmental and educational issues confronting the Town and its citizens.

Local nonprofits may submit grant proposals, which are evaluated by the Fund for Wellesley Community Board comprised of a group of residents representative of diverse aspects of the community, bringing a town-wide perspective to issues and opportunities. The Community Board accepts proposals through an open application process, encouraging collaboration among groups - private, public and nonprofit - to work across boundaries and find creative, innovative solutions. All applications are reviewed fairly and competitively.


How is The Fund for Wellesley endowed?
In celebration of Wellesley’s 125th birthday in 2006, a “125 for the next 125” campaign was initiated. This campaign reaches out to 125 founding donors, each of whom commit to a minimum of $5,000 in order to invest in the Town’s welfare for the next 125 years. The endowment is professionally invested by the Foundation for MetroWest, which is also responsible for fund administration and distributions recommended by the Community Board.


What is the Foundation for MetroWest?
The Foundation for MetroWest connects philanthropic opportunity with demonstrated need in MetroWest. We promote philanthropy in the region, help donors maximize the impact of their local giving, serve as a resource for local nonprofit organizations, and enhance the quality of life for all of our citizens. Since 1995, we have invested in the people and charitable causes of MetroWest and distributed over $6 million in grants to the community. For more information, please visit us online at www.foundationformetrowest.org.