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A Dream Almost Realized!

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A Message from HCEF President Jamie Wombacher

August 28. 2013 marked the 50th anniversary of Dr. Martin Luther King Jr.’s famous “I Have a Dream” speech. Most Americans are familiar with the speech and its hope for equality for all. Here in Harvard, in 1996 Dr. Richard Crosby also had a dream. His dream was for education opportunities for all students in Harvard. His dream was to start an education foundation that one day would have $1,000,000 in its endowment account, and would be able to enhance the education of Harvard students in big ways. His dream started with a small group of supporters, hardworking parents, grandparents, teachers, and business people. Throughout the past 17 years the group has grown and evolved, but with each new supporter came more passion for Dr. Crosby’s dream, There have been ups and downs in the market that have at times made the dream look unattainable, or if attainable, something what would take decades to achieve.

Foundation Awards Mini-Grants in the Amount of $6,846.16

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The Harvard Education Foundation awarded $6,846.16 in grants to many District 50 teachers as part of the Foundation’s annual mini-grant program. Teachers submitted thirty five grant proposals in June of 2013 asking for funding to do special projects which would enhance the educational experience of District 50 students. The Foundation was able to fully or partially fund twenty-one of the grants.

Why HCEF Is Building an Endowment

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Since its inception in the 90s, the Harvard Community Education Foundation Board has wanted to ensure its ability to support Harvard education well into the future. Our primary strategy for doing that is through the building of an endowment. An endowment is a sum of money that provides income through investment. That income provides an ongoing source of funding for the organization holding the endowment.

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