WOBURN, February 21, 2013 – Beverly Bootstraps is among the first 10 local organizations selected for grants of $100,000 each from Cummings Foundation. The Woburn-based foundation will announce an additional 90 awards of the same amount in June.
These "early decision" grant recipients were determined by the staff of the Foundation's for-profit affiliate, commercial real estate firm...(More)
Woburn, MA — The Middlesex Canal Commission plans to begin canal restoration work in Woburn between January and April. Completed in 1803 as a 27-mile waterway connecting Lowell to Charlestown, the canal is now broken into 19 segments, ranging from open water to overgrown rights of way.(More)
William Cummings is founder and president of Cummings Properties LLC, a full-service real estate development company.
In 2011, William and his wife, Joyce, made headlines when they revealed that they had donated half of their wealth to charity, and it was revealed last May that the Cummingses actually had donated an astonishing 90-plus percent of their wealth. They had signed the Giving Pledge, started by Warren Buffett and Bill and Melinda Gates.
Cummings is a graduate of Tufts University. He is also the founder of Cummings Foundation Inc. and president of assisted-living center Hew Horizons at Choate LLC and New Horizons at Marlborough Inc. (More)
MARLBOROUGH -- On Oct. 1 the Sisters of the Good Shepherd will have a new home for their 12 sisters in Marlborough. Cummings Foundation Inc., a charitable foundation funded by Joyce and Bill Cummings of Winchester since 1986, is in the process of building the 12,000-square-foot site costing $870,000 at 406 Hemenway Street, across from St. Matthias Church. (More)
BOSTON, MA — At an event presented by The Boston Foundation, at the Kennedy Library, Joyce and Bill Cummings spoke to more than 400 representatives of local not-for-profits. During a 20-minute talk, they shared their personal and business backgrounds, spoke about Cummings Properties and Cummings Foundation, and discussed the future of the Foundation’s new grant-making affiliates.
WINCHESTER, MA --.Earlier this month, graduating Winchester High School senior Caroline Pierce was selected as this year’s McKeown Scholar. The $10,000 award from the Cummings Foundation is named for James L. McKeown, the late president of Cummings Properties.
Pierce was selected based on her application packet, her community service record, her reputation, a personal interview and the quality of her essay. This year's essay asked students to discuss whether a generation...(More)
WOBURN, MA --.Woburn Memorial High School has selected graduating senior Francesca Malvarosa as this year’s McKeown Scholar. Malvarosa topped 39 classmates to earn the honor, which is accompanied by a $10,000 merit scholarship to be applied to the four-year college or university of her choice.
The McKeown Scholars competition, now in its 16th year, is sponsored by Woburn-based Cummings Foundation. According to Joel Swets, the foundation's executive director, "Francesca is involved in a remarkable number of academic, extracurricular, and community service activities. She is an excellent... (More)
WOBURN, MA -- Cummings Foundation and New Horizons at Choate retirement community have announced the 16th Annual McKeown Scholars Program in honor of James L. McKeown, late trustee of New Horizons and president of Cummings Properties. Born and raised in Woburn, McKeown was actively involved in the local community until his death in 1996 at the age of 41.
According to Dennis Clarke, president and CEO of Cummings Properties, “In the past 15 years, the McKeown Scholars Program has awarded more than $500,000 in scholarships to outstanding Woburn graduates alone, and nearly $2 million ... (More)
BOSTON, MA -- In promising to donate most of their considerable fortune to charity, Bill and Joyce Cummings say they are trying to set an example for the country’s wealthiest 1 percent. The Winchester couple, having made hundreds of millions in commercial real estate in Eastern... (More)
MEDFORD, MA -- Cummings Foundation, Inc. (CFI) announced this week that Tufts University president Anthony P. Monaco has joined its board of trustees. Founded in 1986, CFI is a private operating foundation funded primarily by Joyce and Bill Cummings, of Winchester. The Woburn-based organization has grown to become one of the largest charitable foundations in New England, with more than...(More)
WINCHESTER, MA -- Bill and Joyce Cummings don't live on a sprawling estate, own a jet, or otherwise flaunt their wealth, but the Winchester couple will soon start acting more like billionaires Warren Buffet and Bill and Melinda Gates. Earlier this month, the Cummingses became the first people in Massachusetts to sign the Giving Pledge, promising to donate at least half of their fortune to charity. (More)
WINCHESTER,
MA -- When Bill and Joyce Cummings go out for a drive
from their Winchester home, reminders of Bill's career
regularly appear: the corporate headquarters of Cummings
Properties and Cummings Foundation in Woburn, the Cummings
Center in Beverly, and its latest addition, TradeCenter
128 and its landmark Beacon Grille at the intersection
of Route 128 and Interstate 93.
Bill Cummings, 73, is "semi-retired," having stopped taking a salary in 2007 from...
(More)
WINCHESTER,
MA -- One of the worst moments of the late Eliezer Ayalon’s
life came when the German guard, with one swift swoop,
smacked away his one worldly possession — a small,
porcelain cup. It happened at his first of five concentration
camps, Blyzin, in the spring of 1943.
(More)
WINCHESTER,
MA -- According to his wife Joyce, Winchester resident
and successful real estate businessman Bill Cummings
likes to try things he’s never done before. In
the world of philanthropy, there isn’t much left.
A
year ago, Bill Cummings and his wife, Joyce, visited
Yad Vashem, and listened to a lecturer tell their Tufts
University group how he survived five concentration
camps in Poland and Austria.
"There
wasn't a person in that group of 40 who didn't have
a handkerchief out, including the... (More)
Just
east of Worcester sits another connector in the string
of life sciences enterprises in the State. The 702,000
square-foot Grafton Science Park, located on the south
side of Route 30, on the campus of the Cummings School
of Veterinary Medicine at Tufts University, occupies
approximately 100 acres and represents an ambitious
initiative to stimulate economic development in Central
Massachusetts.
Through
a collaborative research program, veterinarians and
scientists from the school assist companies in biotechnology,
pharmaceutical and medical device industries as they
take products from concepts to market. (More)
Tufts
University officially changed the name of its veterinary
school yesterday to honor two of its benefactors, William
S. and Joyce M. Cummings, and their foundation, the
Cummings Foundation, Inc.
A
celebration was held to mark changing the name of the
Route 30 campus from Tufts University School of Veterinary
Medicine to the Cummings... (More)
Tufts
University celebrated the generosity of Cummings Foundation,
Inc., and its chief benefactors William S. and Joyce
M. Cummings, yesterday by changing the name of its veterinary
school to Cummings School of Veterinary Medicine at
Tufts University. (More)
Cummings
Foundation, Inc., has committed to investing $50 million
in Tufts School of Veterinary Medicine over the next
15 years -- the largest gift in the history of the university.
It also ranks among the largest gifts ever to a Massachusetts
college or university.
(More)
On
September 9, 2004, an historic affiliation was announced
between the School of Veterinary Medicine at Tufts University
and Cummings Foundation, Inc. Pictured are (from l to
r) Tufts Veterinary School Dean Philip Kosch, Cummings
Foundation, Inc. president Bill Cummings and Tufts University
president Lawrence S. Bacow. (More)
Woburn,
MA - Cummings Park and West Cummings Park, the large
Woburn office and research complex, has a new owner
according to Dennis Clarke, president of Cummings Properties,
LLC. Clarke said that Bill Cummings and his family this
week gifted the entire 59-acre, office and research
complex to Cummings Foundation, Inc. as part of a large-scale
charitable donation of most of the family's real estate
assets. (More)
In
September 2003, YMCA of the North Shore began construction
of a brand new combination teen-recreation and child-care
center, located adjacent to its Sterling Center campus
on Essex Street in Beverly, MA. A $1 million grant from
the Foundation enabled the "Y" to stop leasing space
for those programs at Cummings Center and at another
location on Tozier Road in Beverly. (More)
The
new Interstate 93 highway interchange in North Woburn
was named in honor of Cummings Foundation’s late
managing trustee, and Cummings Properties’ late
president, James L. McKeown. Massachusetts Senate President
Thomas Birmingham announced the naming of the interchange
during a Woburn Business... (More)
Beverly's
James L. McKeown Elementary School was built on 6.5
acres of land, formerly a part of Cummings Center. Ironically,
it was Mr. McKeown himself who met with city officials
on the site to confirm a gift of the land to the city,
just three days before his sudden death on November
13, 1996.
(More)
The
Foundation’s educational grants at the college
level have mostly centered on Tufts University, from
which Bill Cummings graduated and where he later served
10 years as a charter trustee. CPF provided
$1.5 million, endowing the Cummings Family Chair in
Entrepreneurship and Business Economics. Professor George
Norman is the first holder of the chair. (More)
Winchester
Community Music School is moving toward 10 years in
its grand home at 407 Highland Avenue, Winchester. Once
the estate home of actor/comedian Frank Fontaine, the
now fully restored and enlarged Tudor building sits
on three acres, just up the hill from the former Mystic...
(More)
