Northshore magazine showcases the best that the North Shore of Boston, MA has to offer.
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I N - D E P T H 82 OCTOBER 2020 The way that the Massachusetts Coalition for the Homeless has used the grant funding—for health partnerships and food and grocery relief—aligns exactly with what The Women's Fund aimed for in funding its 2020 grantees. "We chose to focus on the most immediate, basic human needs like food security, personal safety, housing, and mental health and addiction services," Parker says. "Those were the ones that seemed to be the most pressing given the seriousness of COVID-19 and the services that were being provided by the bulk of our grantees." In addition, its funding continued to focus on the needs of women and girls. "Women make up 52 percent of essential workers, [and] 26 percent of single mothers are head of household, yet women receive only a fraction of each charitable dollar," says Elaine Quinn, president of The Women's Fund of Essex County. "The need is not only real but increasing as COVID-19 continues to wreak havoc on not only the financial but also both the physical and mental health of people in our communities." For Gloucester-based Wellspring House Inc., one of the grant recipients, that has meant an increased focus on homelessness prevention. Executive director Melissa PHOTOGRAPHS BY HANNAH DAIGLE Lisa Parker is the Grants Allocation chair for The Women's Fund of Essex County. (Clockwise from top) Rob Lutts, President & CIO with principals: Greg Stevens, Senior Wealth Advisor; Sonia Ernst, Manager of Trading and Operations; and Jim Gasparello, Director of Wealth Management. Building and Preserving Wealth Since 1983 CALL Toll-Free: (800) 888-6468 Office: (978) 745-9233 VISIT www.eCabot.com 216 Essex Street Salem, MA 01970 CONNECT info@eCabot.com Jun 25 Nov 5 Year-End Tax Planning for Maximizing Tax Savings State of the Market and Asset Allocation Note: If you have investable assets of $500,000 or more, please join us for our Educational Series. A t Cabot, we help you to develop a sound financial plan designed to help you meet your goals. Our in-house team of advisors and portfolio managers work together to implement a globally ‑diversified investment strategy. This mix of investments is tailored to meet the needs and risk tolerance of each and every client. If you are interested in joining us remotely for these virtual meetings, please email us at: info@eCabot.com Aug 27 Attractive Investment Themes for 2020-2021 Cabot Wealth Managmement 2020 Educational Series