The Alden Trust supports YMCAs in Massachusetts due to Mr. Alden's particular interest in the YMCA over his lifetime.
The Trustees focus their grant making primarily on capital needs. The Trustees primarily make outright grants, but will issue occasional challenge grants with the goal of helping an organization generate increased or broader philanthropic support from its constituencies.
Intervals Between Applications
The current Trust policy is not to consider grant requests more frequently than three years from the date of the last grant or one year from the date of the last payment, whichever is later. An organization whose proposal has been rejected may normally be eligible to apply again after one year. YMCAs with more than five branches should contact the Trust to ascertain whether they may be eligible to apply more frequently.
Schedule of Distribution Meetings
The Trustees consider proposals at four distribution meetings a year. Complete, hard copy proposals for the March, June, September or December meetings must be received by the fifteenth of the month prior to the meeting (e.g., February 15th for the March meeting).
Proposal Requirements 1. A summarizing cover letter, which includes the requested amounts, signed by the CEO/ED of the organization. It is expected that the project for which funding is requested is among the YMCA's highest priorities.
2. The name, telephone number and email address of a contact person
3. The proposal, in brief narrative form, should help the Trustees understand the purposes to be achieved through the grant and the reasons why the proposing organization is capable of achieving those purposes. In addition, the Trustees want to know how the grant will positively impact the community and help the organization to fulfill its mission.
4. A project revenue and expense budget and implementation timetable
5. Fundraising goals and success-to-date for the specific project
6. The organization's mission statement
7. Summary of the organization's strategic plan with progress achieved to date and its key strategic priorities (up to three) going forward
8. If the project is part of a capital campaign, information about the volunteer leadership
Required Organization Information Three-Year Trends in Chart Form
Number of members with demographic information to the extent available
Number of program participants with demographic information to the extent available
Board percentage participation rates to capital and/or annual fundraising each year (expected to be 100%)
Capital fundraising (with board members, board of governors, and member participation rates, each reported separately)
Annual fundraising (with board members, board of governors, and member participation rates, each reported separately)
Endowment amount, investment return, and annual draw policies and practices
Summaries of the two prior completed fiscal year operating budgets and the current fiscal year board-approved annual operating budget (with explanation, if in deficit)
Copies of the audited financial statements from the three most recently completed fiscal years (e.g., 2018-2017 and 2017-2016) or the financial statements required by the Massachusetts Attorney General's office
List of trustees, with affiliations
Evidence of appropriate tax-exempt status
Optional: Such other information that the applicant believes may give the Trustees a better understanding of the organization, its distinctive mission, and its specific proposal
Applicants should consult the Trust's FAQ page and are welcome to contact the Trust by telephone or email or make a visit prior to submitting an application. A first-time applicant is encouraged to contact the Trust prior to doing so. It is often helpful to explore in advance the nature of the project, the need or opportunity that drives it and the size of an intended request. The Trustees have found that such discussion generally results in the submission of a more effective proposal or forestalls a formal proposal for which there is little or no likelihood of success.
A single copy of the application and attachments is sufficient and should be submitted to:
George I. Alden Trust 370 Main Street, 11th Floor Worcester, Massachusetts 01608