Ronald E. Ancrum has resigned as president of the Community Foundation of Western Massachusetts after three years as he is most of the time away from his family. Kent W. Farber, who was president of the Foundation before Ancram was hired and will step in an in interim basis.
The Community Foundation has about $120 million in assets under management and awards about $8 million a year in scholarships and grants. Last year, the Community Foundation of Western Massachusetts put $250,000 toward tornado relief.
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Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.