Statement on Yawkey Foundation Giving

March 2019

The Yawkey Foundations trace their origins back over eight decades to the philanthropic commitments of Tom and Jean Yawkey. With great care and concern, they donated generously to dozens of organizations that helped the forgotten and underserved, and they were especially well-known for their unwavering support of The Jimmy Fund. They also took deliberate steps during their lives to ensure their legacy would live on through the work of the Yawkey Foundations

That legacy was transformed with the 2002 sale of the Boston Red Sox, which added nearly $400 million to the Yawkey Foundations, whose stewardship has protected and grown those proceeds. To date, we have proudly awarded more than $500 million in grants to a wide range of non-profit organizations, and we are gratified that our efforts have benefitted so many throughout Boston, Massachusetts, New England, and Georgetown County, South Carolina, including students, patients, athletes and families.

Looking ahead, our trustees have begun evaluating the Foundation's grant making, with the goal of setting a new course that is consistent with Tom and Jean Yawkey's values. The trustees are considering strategic changes to expand the reach of the Foundations into communities, particularly to groups that support children and families in Boston and in the Gateway Cities.

As we conduct this work, and for the immediate future, the Foundations will only accept grant applications from organizations that received funding in 2018. While this past funding will provide eligibility to submit applications, it is no guarantee of future funding.

Our process will be ongoing, and we will provide updates as appropriate. We ask for your patience and understanding as we continue to carry out the important mission established by the generosity of Tom and Jean Yawkey.