The Foundation fulfills its goals by:
- attracting charitable funds, chiefly in the form of permanent endowments, which are committed to meeting the needs of the people living in and around Westfield.
- using those resources wisely and efficiently, to address key concerns of the community, responding to its emerging and changing needs and sustaining its agencies and institutions. In doing so, the Foundation serves as steward for the donors who have entrusted assets to its care.
- providing leadership to the community, serving as a catalyst in identifying problems and opportunities, and shaping effective responses to them.
In developing the Foundation as a pool of capital permanently committed to the betterment of the community, high priority is given to attracting contributions which are broad in their charitable intent.
With those resources, the Westfield Foundation Board may use to the fullest its discretion and judgment in meeting the changing needs of the community.
As a vehicle for donors with varied philanthropic goals, the Foundation also recognizes its role in managing funds including those which have been designated to benefit specific community institutions,endowment funds established by agencies themselves and funds which for a limited time are subject to the advisory recommendations of donors or their appointees.
Although the Foundation’s funds are used principally as a source of grants to agencies which are serving the community, its resources will also be used to undertake studies and programs addressing community problems.