Cummings Buildings Power Charities
Joyce and Bill Cummings established Cummings Foundation, Inc. in 1986. At that time, the commercial real estate firm Bill founded in 1970, Cummings Properties, was thriving, and the Winchester, Massachusetts couple decided they wanted to give back in the Greater Boston areas where the growing business operated and where its staff and clients lived.
Over the years, Joyce and Bill donated the large majority of Cummings Properties commercial property to the Foundation. Today, nearly all of the buildings managed by Cummings Properties are actually owned by and operated for the sole benefit of Cummings Foundation. Clients who lease space at these properties feel good about this business decision, knowing that Cummings Buildings Power Charities.
"After about 15 very successful years in Greater Boston commercial real estate, we came to recognize and believe that no one can truly 'own' anything. With our ever-so-brief stays upon this earth, how can we possibly think of ourselves as owning land? How can we ever be anything more than caretakers of the ground beneath anything we might develop on any site? With that thought in mind, it was easy thereafter to start giving much more."
— Joyce and Bill Cummings
Now one of the largest foundations in New England, Woburn-based Cummings Foundation has awarded more than $280 million in grants to Greater Boston nonprofits alone. Its giving is concentrated in Middlesex, Essex, and Suffolk counties and benefits a broad range of causes, including human services, education, healthcare, and social justice. The Cummings also have a special interest in Rwanda, where the Foundation collaborates with Partners In Health and a limited number of other organizations to aid in that East African country's post-genocide recovery and rebuilding.
Joyce and Bill quietly contributed to the local community for many years. Then, in May 2011, they joined The Giving Pledge, an organization founded by Bill and Melinda Gates and Warren Buffet through which some of the world's wealthiest individuals and couples have publicly pledged to donate at least half of their assets for philanthropic purposes. Bill and Joyce had already donated 90 percent of their wealth.
Primary Programs and Affiliates
As a place-based philanthropic initiative, the annual Cummings $25 Million Grant Program seeks to support nonprofits in Essex, Middlesex, and Suffolk counties in eastern Massachusetts. Each year, this program awards 140 grants to a diverse group of charities. These awards include 100 grants of $100,000 each, plus 40 ten-year grants of up to $500,000 each, paying out an average of $37,500/year. These grants fund a wide variety of local causes, including underserved populations, healthcare, social justice, and education. Learn more
New Horizons Communities
New Horizons at Choate, in Woburn, and New Horizons at Marlborough are Cummings Foundation's not-for-profit independent and assisted living communities. Offering abundant activities, gourmet dining, and beautiful surroundings, they collectively house more than 500 senior residents.
Veterinary School at Tufts
In 2005, the Foundation finalized a very long-term collaboration with the newly renamed Cummings School of Veterinary Medicine at Tufts University—New England's only veterinary school—providing support and financial resources to sustain the graduate school's global reputation for excellence. The partnership has resulted in payments to the School totaling more than $80 million as of 2020.
University of Global Health Equity
The Foundation contributed more than $25 million toward the planning and creation of the University of Global Health Equity in Butaro, Rwanda. Joyce and Bill were then instrumental in securing an additional $25 million in matching funds from other sources, including a major international foundation.
Cummings Community Giving
While actually funded directly by Cummings Properties, this giving program honors Cummings Properties colleagues, long-term clients, and other select associates by contributing $1,000 or $2,000 to the local charity of their choice. Since 2012, this program has resulted in more than $3 million in donations to more than 500 local nonprofits. This unique initiative is one of the many ways that "Cummings Buildings Power Charities."
With 11 million square feet of debt-free prime commercial real estate ranging from 80 to 300,000 square feet, Cummings Properties can accommodate your executive office, healthcare facility, laboratory, retail storefront, warehouse, and more. And, with in-house experts in design, construction, and property management, you'll surely save time and money through "one-stop shopping." Learn more about Cummings Properties' convenient locations in Woburn, Beverly, and nine other suburban Boston communities along I-93 and Route 128 (I-95).
Cummings Executive Suites
With three locations in Woburn and Beverly, MA, Cummings Executive Suites offer the flexibility of executive office suites with prestigious business addresses at a fraction of the cost of a conventional office. Ready-to-use office and conference space available by the day, week, month and year simplifies the process of finding the right space to suit your business needs. Cummings Executive Suites also deliver a wide array of workplace solutions to support your office needs - including telephone answering, virtual offices, mail programs, and full receptionist & administrative support services.