Generations Incorporated Gala Raises $115K, Beating Goal
June 5, 2018 Generations Incorporated, a Boston nonprofit that pairs literary coaches with young children in Boston and Revere public schools to help them achieve academic success, announced it raised $115,000 at its recent gala, beating its goal and surpassing by $25,000 the amount it raised last year.
Funds raised will support ongoing programs of Generations Incorporated
that now reach 3,400 students in K-3 grades in 20 school and after-school programs.
The event, held May 31 at the Seaport Hotel & World Trade Center in Boston, honored David Shapiro, CEO of MENTOR, the National Mentoring Partnership, a national nonprofit based in Boston that works to expands quality youth mentoring relationships for young people.
This year's Lighting the Spark gala, which sought to raise $110,000 and attract 150 attendees, drew 180 people, including Generations Incorporated Literacy Coaches, program partners, corporate and individual supporters, and other nonprofit leaders.
Wes Enicks, executive director of the organization, said, "We were able to exceed our fundraising goal thanks to the engagement and ongoing outreach within the corporate sector of our Event Committee."
He added, It is a great privilege to honor David. Hes been an integral force in calling attention to how crucial mentorship is for young people in our communities. His partnership with organizations like Generations Incorporated helps to create a platform where we can address the literacy crisis on a larger scale and help ensure that all young students have the opportunity for lifelong success.
Funds were raised through sponsorships, ticket sales, pre-event donations, and live fundraiser donations. Over 75% of the funds raised for the event came from event sponsorships.
The gala generated approximately five percent of the funds needed to support annual operating expenses.
Supporters of the event included Liberty Mutual Insurance, Bank of America, New England Patriots Charitable Foundation, First Republic Bank, Salem Five Bank, The Lynch Foundation, and the Highland Street Foundation.
Founded in 1991, Generations Incorporated fosters intergenerational relationships by engaging older adult volunteers in literacy programs at partner school and after-school sites. During the 2016-2017 academic year 288 older adult volunteers provided critical literacy support to over 3,400 students at 18 program locations in Boston and Revere.
According to Generations Incorporated, 70% of Boston public school children do not meet grade level benchmarks by the end of the third grade, and, the organization, notes, children who do not read at grade level by the fourth grade are four times more likely to drop out of high school.
The Boston Public Schools in fiscal 2019 plans to $1.2 billion, or more than $20,000 for each of the 57,000 students enrolled.