Cummings Properties recently distributed $253,000 to local nonprofits, including two Reading-based organizations. The donations were made in honor of the commercial real estate firm’s full-time staff members, who were each invited through the Employee Directed Giving program to select a charity to receive $1,000.
The Reading recipients of the cash awards are Burbank YMCA and Mission of Deeds.
In an effort to support local communities, the program guidelines state that selected organizations must be based and provide services in or near colleagues’ hometowns. Several charities received more than one check, thanks to multiple employee nominations. The maximum allowed for any one organization is $5,000.
Reading resident Tom Mulcare, along with two of his colleagues, designated Mission of Deeds.
“I like what they stand for,” said Mulcare, Cummings Properties’ construction liaison. “It’s local; and if everyone gave a little to their own local organizations, it would make a big difference.”
Mission of Deeds provides furniture and household items to underserved families and individuals living in Middlesex and Essex counties.
Employee Directed Giving is open to all full-time staff within any Cummings entity, including the firm’s affiliated New Horizons retirement communities in Marlborough and Woburn. The program will be held again in November, in conjunction with the Thanksgiving season, and then each November thereafter.
“Engaging our colleagues in Cummings Properties’ philanthropy has been a win-win situation,” said president and CEO Dennis Clarke. “The funds are benefiting a wide range of worthy local nonprofits, and employees and their families are becoming even more involved in their communities.”
Cummings Properties has a portfolio of 10 million square feet of commercial real estate in 10 suburban Boston communities. More information about Employee Directed Giving, including a complete list of recipient organizations, is available at www.cummingsproperties.com/employee_directed_giving.htm.