3PointFoundation, Inc. Awarded $225,000 Cummings Grant

BOSTON - Rezul -- The 3PointFoundation, Inc. has been selected as one of 150 nonprofits to receive funding through Cummings Foundation's annual grant program, which awarded $35 million this year. Chosen through a competitive review process that drew a record 959 applicants, the Boston-based organization will receive $225,000 over 3 years.

3Point equips youth with the tools they need to succeed in education, employment, and life. Guided by a vision where all Boston youth, regardless of their circumstances, have access to the support, resources, and opportunities they need to thrive, 3Point is deeply committed to empowering the next generation of leaders in Boston's most underserved communities.

"Being selected from a record pool of nearly 1,000 applicants is a powerful testament to the importance of the work 3Point is doing in Boston's most underserved communities," said Keith McDermott, Executive Director, 3Point. "The 3-year investment from Cummings Foundation gives 3Point the stability and confidence to not only sustain the programs already changing young lives, but to boldly expand our reach and create new opportunities for the next generation of leaders in Boston's Dorchester, Hyde Park, Mattapan, and Roxbury neighborhoods."

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This year, the Woburn-based Cummings Foundation increased its annual grant program from $30 million to $35 million and shifted to fully unrestricted funding, allowing recipients to direct grant dollars where they are needed most.

Foundation executive director and trustee Joyce Vyriotes noted that the changes reflect growing concerns among Greater Boston nonprofits about rising costs, increased demand for services, and sustained uncertainty around public funding.

"Nonprofit professionals are closest to the challenges facing their communities, making them best positioned to determine where and how new funds will drive the greatest impact," said Vyriotes. "By providing increased, flexible funding, we hope to strengthen organizations' long-term stability and help them respond to evolving community needs."

This year's grant recipients represent a wide range of causes, including housing and food insecurity, education, workforce development, healthcare, mental health services, social justice, immigrant support, and youth programming.

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The annual grant program supports Massachusetts nonprofits that are based in and primarily serve Middlesex, Essex, and Suffolk counties, as well as Brookline, Dedham, Milton, Needham, Quincy, and Wellesley.

Through this place-based initiative, Cummings Foundation reinvests in the areas where it owns commercial real estate. Its buildings are all managed at no cost to the Foundation by its affiliate, Cummings Properties, a Woburn-based commercial developer that leases and manages 11 million square feet of debt-free space. All rental profits support the Foundation.

Since its founding, Cummings Foundation has awarded more than $650 million to Greater Boston nonprofits. The complete list of this year's grant recipients, along with additional information about the Foundation and its grant programs, is available at CummingsFoundation.org.

Visit 3Point at https://go3point.org.