LYNN — Girls Inc. could get a piece of $10 million in funding from a Woburn charitable organization.
Dubbed “Sustaining Grants,” the award will be distributed to 30 nonprofits over the next decade in installments of between $20,000 and $50,000 per year. Thanks to the Cummings Foundation, up to $200 million will be distributed.
Girls Inc. operates a peer-to-peer leadership development program that empowers at-risk girls. It received $100,000 in 2015 that was paid over three years. In all, 13 Lynn-based charities have received grants from Cummings Foundation in the past.
This program builds upon the Foundation’s $100K for 100 program. First offered in 2012, it provides the cash to nonprofits that serve Essex, Middlesex, and Suffolk counties.
Together, the two grant programs will enable the foundation to award $20 million annually in support of nonprofits.
Sustaining Grants grew from the foundation’s interest in helping nonprofits with long-term financial support, according to Joyce Vyriotes, the foundation’s deputy director.
“This is such an enormous validation of the work we do,” Jen Faigel, executive director of CommonWealth Kitchen and one of the recipients of a pilot Sustaining Grant, said in a statement. “For someone to have enough confidence, trust, and faith in us to invest in us long-term, that’s really unusual in the nonprofit sector.”
Recipients of 2018 Sustaining Grants will be chosen next year from a pool of former $100K for 100 winners whose grants are in their final year.
Selections will be based primarily on the deliberations of a 23-member volunteer Site Visits Committee, which includes former state legislators, CEOs, and Greater Boston organizations, among others.
Cummings Foundation has awarded nearly $200 million in Greater Boston alone. It aims to give back in the areas where it owns commercial buildings. Founded in 1970 by Bill Cummings of Winchester, the commercial real estate firm leases and manages more than 10 million square feet of space.
