Fiscal Year 2015 Report | July 1, 2014

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Fiscal Year 2015 Report | July 1, 2014
on the
Greenway
Fiscal Year 2015 Report | July 1, 2014-December 31, 2015
Photo: Gordon Adamyk
The Rose Kennedy Greenway is a mile and a half
of contemporary parks in the heart of Boston. The
Greenway, a roof garden atop a highway tunnel,
connects people and the city with beauty and fun.
The non-profit Conservancy maintains, programs, and
improves The Greenway on behalf of the public and in
partnership with the Commonwealth of Massachusetts.
Dear Friends,
This past year, we changed our fiscal year to a calendar-year basis. We hope you enjoy this Annual
Report, which covers the eighteen month period of July 2014 through December 2015!
During Fiscal Year 2015, The Greenway changed the conversation about contemporary public art in the
Commonwealth. The Conservancy commissioned world-renowned local artist Janet Echelman to create
her aerial sculpture, As If It Were Already Here (featured on the cover), drawing international attention
and press. Our partnership with other organizations continues to help us bring new and innovative art to
Boston (our latest Greenway Wall mural, Lawrence Weiner’s A TRANSLATION FROM ONE LANGUAGE TO
ANOTHER, is thanks to a partnership with the MIT List Visual Arts Center, while a collaboration with the
Peabody Essex Museum introduced Theo Jensen’s Strandbeests to Dewey Square last August), and a
partnership with Radian brought Kyu Seok Oh’s Wandering Sheep to Chinatown Park, the first in our new
series based on the Chinese Zodiac calendar.
Over a million trackable visitors enjoyed all The Greenway has to offer, whether they were attending one
of our 300+ events, utilizing the free Wi-Fi, grabbing a meal at one of the food trucks, or taking a ride on
the Greenway Carousel at The Tiffany & Co. Foundation Grove, while millions more casually enjoyed the
fountains, gardens, and plazas. And our grant-funded ranger program helps ensure that all who visit are
safe and welcome.
Thank you for being a part of all the excitement over this past year, and we look forward to all that 2016
will bring!
Jesse Brackenbury
Executive Director
Jim Kalustian
Board Chair
< >
The Conservancy commissioned and installed a
monumental Janet Echelman sculpture, As If It Were
Already Here, suspended 350 feet over the park
from three adjacent skyscrapers. The piece brought
the gardens beneath alive and was celebrated by
Pulitzer Prize-winning art critic Sebastian Smee as
“the most beautiful and audacious piece of public art
in Boston in living memory.”
Some of the winners of the photo contest sponsored
by the Conservancy and Studio Echelman are shown
here. Photo credit for image to left: Christopher
Connal; images to right listed clockwise from top left:
Jared Rentz, Alexander Jenko, Gordon Adamyk, and
Jovan Tanasijevic.
The
Conservancy
brought
multiple
temporary
exhibitions of contemporary Public Art. From
launching a series of exhibits based on the Chinese
Zodiac calendar to teaming up with other groups to
host new and innovative art displays, The Greenway
welcomed voices both local and international.
<
(clockwise from top right)
Chinatown Park welcomed Grove by GLD architect
Joel Lamere and a close-up of Lo-Fab by Mass
Design Group. The Fence featured New England
photographers, and Wandering Sheep by Kyu Seok
Oh,
>
In cooperation with Design Biennial Boston, The
Greenway was proud to offer a place for new voices
to be heard with four new installations as part of our
cooperative effort to bring public art to downtown
Boston. Clockwise from top left: construction of Lo-
Fab by Mass Design Group, The Tower by Cristina
Parreño Architecture, and a view of the Design
Biennial exhibition, with Marginal by Landing Studio
in the foreground.
Photo: Mark Pasnik
<
We welcomed our third mural on The Greenway
Wall at Dewey Square Park, Shinique Smith’s Seven
Moon Junction. This vibrant creation, based on
Smith’s original painting, represents the intersection
of art and life in Dewey Square Park. Visit www.
rosekennedygreenway.org/publicart for Gesture III:
One Great Turning, a digital performance combining
drone and ground videography.
>
The fourth (and current) mural on The Greenway Wall
is a text-based piece by internationally-acclaimed
artist Lawrence Weiner. A TRANSLATION FROM ONE
LANGUAGE TO ANOTHER, like much of Weiner’s
work, is motivated by the desire to make artwork
accessible to all, without needing to purchase a
ticket or understand a secret visual language.
Photo: Geoff Hargadon
<
The Greenway hosts over 300 events each year,
welcoming over a million trackable visitors annually!
Clockwise from the top left: we were excited to
welcome the Boys and Girls Club of Boston, Dan
Beyer’s “Snow-decahedrons”, a new tradition of
Caroling at the Carousel, Greenway visitors enjoying
one of more than 80 free fitness classes, and an aerial
view of the 2015 Greenway Spring Food Festival.
>
The seventh annual Greenway Gala, the biggest
source of unrestricted funds for the Conservancy
honored Goulston & Storrs. Held under a tent on
The Greenway, the magical evening culminated in a
lantern-lit processional to As If It Were Already Here
(featured on the cover of this report). All Gala photos
by Pierce Harman.
<
(top left) The Boston Ballet joined the Conservancy
for a performance under As If It Were Already Here.
(top right) We hosted the Celebrity Series’ Let’s
Dance Boston, featuring five consecutive nights
of free dance lessons and dancing to a live band.
(bottom) We partnered to upgrade our free Wi-Fi
system, improving what is already one of the largest
free outdoor networks in the Commonwealth.
>
(clockwise from top left) In cooperation with the
Peabody Essex Museum, we welcomed Theo
Jansen’s Strandbeest to The Greenway for an
afternoon;
“Mmm,
broccoli!”
Shoppers
at
the
Farmer’s Market in Dewey Square Park enjoy fresh
local produce; Boston Calling brought us a weekly
block party with free admission and music, and a
young visitor enjoys exploring the fountains in the
North End Parks.
Photo credit: @BostonTweet
<
>
The Conservancy has planted over 100,000 bulbs
on The Greenway since its inception! From allium to
narcissus, these beautiful signs of spring are always
welcome!
The Greenway is maintained using sustainable and
organic horticulture, which helps ensure a safe place
for children and pets. What’s more, the Conservancy’s
Park Ranger program helps keep the parks safe and
welcoming for all, providing an in-person presence
during open hours.
We work closely with volunteers, both from local
businesses and individuals, to help us care for
The Greenway. From helping keep the gardens
blooming, to working on special projects in the
Conservancy offices, to strolling the parks and
providing information to visitors about our Public Art
program, volunteers help keep us going!
<
With seven water features, The Greenway offers
something for everyone. The Rings Fountain (top)
gives visitors a chance to splash around on a hot day,
while Harbor Fog (bottom right) emits a cooling mist.
For a quieter experience, the Armenian Heritage Park
fountain (bottom left) features the Abstract Sculpture,
which is reconfigured annually in celebration of the
immigrant experience.
>
The Greenway Carousel at The Tiffany & Co.
Foundation Grove has turned two years old! This
Carousel, considered New England’s most accessible
carousel for those with physical or auditory
disabilities, features fourteen different animals, all
native to Massachusetts.
Mark Snyderman
Lena Romanova
Denise Bordonaro
Polly Emery
Serge Gottschalk
Jane and George Li
Kelly Frattaroli
Noam Ron
Cole Boskey
Louis J. and Mary Ann Esparo
Ray and Joan Green
Lincoln Garden Club
Cathryn Gannon
Laura Rood
Sarah Bouvier
G. Douglas Evans
Lilah Groisser
Maryellen Livingston
Eric Geller and Cathy Thorn
Roxy’s Grilled Cheese
Mark E. Boyle
Paul Fahlbeck
Remo and Silva Guastucci
Alyssa Loring
The Conservancy gratefully acknowledges those whose gifts, pledges and in-kind services have
helped to sustain our work between July 1, 2014 and December 31, 2015.
Marjorie Greville
Ruth Scully Hall
Jesse Brackenbury
Linda Fariole
Hacin + Associates Inc.
Tim Love
Daniel Haack
Larry and Ilene Seidman
Robert Brackenbury
Kelly Fattman
Kara Hadge
Delphine Lowe
Gerald C. Haley
Frank and Nancy Selldorff
Priscilla Bradley
Eileen T. Fay
Mark Hagopian
Arlene Lowenstein
Molly and Gregory Hanson
William Silva
Nancy Brennan
Brigette Felago
Denise Hajjar
Paula A. Luccio
* Denotes payments that are part of multi-year grants or pledges
Charles and Donna Hazard
Dee Smith
Henry Warren and Cornelia W.
Angela M. Ferrari
Sylvia and Roy Hammer
Sarah Luick
Louise Roberts Herrick
Anne St. Goar and Shippen Page
Robert Hoyt
Sarah Harrington
Erik Lund
CH2M HILL
Robert and Joan Stein
Colby C Brunt
Diane Garfield and Peter L. Gross,
Erin Harvey
Robert Lunn
Mary Kralis Hoppe
James F. Foley
Dennis Burke
Joanne Hayes-Rines
Carol Parker Lustig
Nancy Ill
Audrey B. Tortolani
Richard Burns
Jamie M. Fay
William E. Henry, Jr.
Margaret A. Lynch
DONORS
MD
$100,000 +
Coleman Foundation
Elkus Manfredi Architects
Glenn Benoit
Gloria and Allen Larson*
Anonymous
The Davis Companies
The Evans Family Foundation
Christopher G. Betke
Levi’s Strauss & Company
Anonymous
Robert and Doris Gordon*
Breckinridge Capital Advisors
Boston Bruins Foundation
Peapod, LLC
$500 to $999
Karen Diane Johnson
Robert M. Trevisani
Patricia A. Cammett
Persis and David Levy
Kerri Higgins
Ann C. MacFate
ArtPlace America
Harbor Towers I & II Condominium
Timothy and Liz Morningstar
Boston Cultural Council
Wells Fargo Advisors, LLC
Kathryn Alexander
Marcie and Jeffrey Jonas
Raimund and Anne Vanderweil
Aubre Carreon Aguilar
Dawn Elizabeth Johnson
Caroline Holland
Eleanor A. Maciolek
Edgerley Family Foundation
Charles S. and Zena A. Scimeca
Sharon Malt
Jessica Aponte
Linn Anderson Joseph
Michelle Wagher
Davida Carvin
Peter and Beatrice Nessen
Jessica Hook
Mary M. MacKenzie
Barr Foundation
Trust*
Peter Zalewski
Brown
The Lynch Foundation
Highland Street Foundation
Eversource
Charitable Fund at The Boston
Massachusetts Cultural Council
Clara Balkas
Kathleen Joyce
Neville B. Webb
Mr. and Mrs. Frank Catrickes
Myles A. Brown and Judy E. Garber
Richard Hosker
Adrian Madaro
Mabel Louise Riley Foundation
John Moriarty & Associates
Fiduciary Trust Company
Foundation
Martha A. Mazzone
Douglas Barker
Holland & Knight
Weber Shandwick
Sujit Chakravarthy
Christopher Joseph Fincham
David L. and Koko F. Howell
Maureen Maffei
Richard & Susan Smith Family
Beedee and Ted Ladd
Network For Good
James C. McArdle
Marcia A Barron
Kimberly Lambros
Susan Whoriskey
Sophia Chan
Daniel Fink
Ann Hruby
Jerome Malavoy
Loomis, Sayles & Company, LP
Bob and Judy Gore
Dorothy McCabe
Cara Belvin
Carmela Laurella
Wolf & Company Charitable
Ross Chanowski
Katie Fink
Judith Burns Hurley
Cynthia B. Malm
Moody, Lynn & Lieberson, Inc.
Jones Lang LaSalle
Jeanne-Marie Boylan
McDermott Ventures
Mary C. Bennett
Adam Lutynski and Joyce Bowden
David Chase
Mark and Marney Fischer
Linda L. Hyland
Stacy Malone
Pamela A Murray & Joseph S
Cathy and Larry Bennigson
Carrie Maille
Patricia Cherney
Donna M. Fitzgerald
Amy Iseppi
Maegan Maloney
Kate J. Bergeron
Income Research + Management
James Chisholm
Sonnenfeld Family Charitable Fund
Laura Jasinski
Frank Malsbenden
Foundation
The Fish Family Fund at The Boston
Foundation
Foundation, Inc.
$25,000 to $99,000
Massachusetts Institute of Technology James M. Kalustian
BSA Foundation
Robert L. Beal
Museum of Fine Arts
Leo and Barbara Karas
Cervello, Inc
Berkeley Investments, Inc.
Putnam Investments
Susanne A. Lavoie
Janelle Chan
Neiman Marcus Group
Geri Bittner
John F. Manning
$100 to $499
Dan and Elaine Ciampa
Danielle Foley
Sarah Jasinski
North American Management
Citizens Bank Foundation of
Shawmut Design and Construction
Lawrence C. and Helen M. O’Connor
JPMorgan Chase
Matthew T. Noon
Richard Joseph Bonzagni
Melissa Manzi
Anonymous
Meg Clough
Susie Harkins Foos
Roger P. Joseph and Patricia
David Manfredi and Elizabeth
State Street Corporation
Ted Maloney and Claire Newton
Frances J. Borselli
David B. Marr
360 Public Relations
Nichola Collins
Christi Lyn Fried
Eaton Vance Corp.
TD Bank
Marr Charitable Foundation
Children’s Advocacy Center of Suffolk Steve Oare
County
Ogi Ogas
Boston Marriott Long Wharf
Dennis and Gail McCarthy
William B. Adams
Elizabeth G. Cook
The Benevity Community Impact
Kevin and Julie Callaghan
The HYM Investment Group, LLC
Michael Mars
Kevin Brost
Stan McGee
Anne-Marie Aigner
Peter and Patricia G. Cooper
Christina and Kenneth Hecht
The Parthenon Group
Katherine S. McHugh
Denise Alber
Katherine Copeland
Lawrence John Gage
Kate Meany
Jon and Erin Anderman
Lucas Cowan
John T. Miles IV
Steven and Kathy Anderson
Massachusetts
Georgia Murray and Mark M. Maloney Arthur and Andrea Waldstein
Christine and Steven Manfredi
WalMart
National Endowment for the Arts
Dwight and Helene Churchill
Daniel Passacantilli
Commodore Builders
Rockefeller & Co.
Dellbrook Construction
The Residences at Rowes Wharf
Nutter McClennen & Fish LLP
Earthshare
Lisa and Dan Schimmel
Ocean Prime Boston
Marc and Judith Ehrlich
Rebecca-Jean Smith
Patricia Meister Trevisani at The
Deborah Spirio
Massachusetts Convention Center
Authority
National Grid*
$5,000 to $9,999
Pembroke Real Estate
New England Foundation for the Arts
A Better City
Beatrice Roy
New Boston Ventures LLC
Au Bon Pain
Helen Chin Schlichte
Normandy Real Estate Partners &
Bank of America Merrill Lynch
Tishman Speyer Properties
Blue Cross Blue Shield of
Trillium Asset Management, LLC
Harbinger Development
Massachusetts
Wellington Management Company
$10,000 to $24,999
BNY Mellon
Autodesk, Inc.
Bowditch & Dewey, LLP
$1,000 to $4,999
Bank of America Foundation
Kathryn R. Burton and Chad Miles
Kevin Ahearn
Beacon Capital Partners, LLC
Jackson
Lexington Insurance (AIG)
Bloomberg LP
CBT Architects
Alexander Aronson Finning CPAs
Henry R. Lewis Family Foundation
The Chiofaro Company, International
Beacon Hill Garden Club
Bud and Margaret Ris
Boston Properties
Place, and the Harbor Garage
The Druker Company, Ltd.
MacLaughlin III
David I. Begelfer
Steven B. Belkin
Commonwealth Charitable Fund,
Inc.
TD Garden
Gee How Oak Tin Association of New
England, Inc.
Caitlin Gibbs
Bill Golden
Halvorson Design Partnership, Inc.
Geoff Hargadon and Patricia La Valley
Hines
International Health, Racquet &
Sportsclub Association
KPMG International
Stephen McDonough Landscaping
Inc.
The Stop & Shop Supermarket
Company, LLC
Alice Wood
Palmer
Lowrey
Marc E. and Cynthia A. Joyce
Audrey Markoff
Julie Judson
Jennifer Marks
Paul Karner
Laurel Martens
Gisele and Conrad Gagnon
Karen Elizabeth Keogh
Sara and Charlie McCabe
Katherine Craven
Annmarie D. Galli
Michael J. Kineavy
Peter Charles McClary
Gregg Moree
Catherine Applegate
Linda and James Cravens
Garden Club Federation of
Amanda and Robert King
Max McClaskie
Chris Colbert and Kate Gilbert
Garlan Morse
Victor Aragona
John Crees and Trish Doyle
Samantha Kingsbury
Rosemarie A. McCobb
Patricia Cole
James Murphy
Katharine and Rodney Armstrong
Sam Crocker
Garden Club of Concord
Nancy Kostakos*
Merit E. McIntyre
Concept Carts, LLC
Cindy Nelson
Sydney Asbury
Mia Cross
Stanislav Gayshan
Kathleen and Geoff Kramer
Jen Mecca
Jason and Michael Cooper
Scott and Heather Barrington
Tristan Back
Cushman & Wakefield Inc.
GE Foundation Matching Gifts
Kristopher Kranzky
Joshua Medeiros
Carol S. Ball
Chesley H. Davis
Samantha Krasner
Jennifer Mei
Sara Bryant
Trixie Burke
Nathan C Burnett
Jeanne Ciccone
Coughlin Betke LLP
Penna
Fund
Massachusetts, Inc.
Program
Turner Construction Company
Barry Jay Cronin
Joseph Popolo
Kim Barnett
Nancy Dellarocco
Peter E. Gelhaar
Jean and Jordan Krasnow
Carole Meixsell
Wendy Trevisani
Laura B. Cronin
Kathleen Houlihan Rao
Gioia Barry
Prabhakar Devavaram
Lawrence Glovin
Aaron Kravitz and Emily Ladd-
Cavan Merski
Janet Veasey
Deneen Crosby
Rasky Baerlin Strategic
Nicole Bellisle
Amy Deveau
Jo Martha Glushko
Ralph and Kathy Verni
Nicholas and Elizabeth Deane
Donna G. Belmonte
Persis Dhas
Darrin Gold
David Lank
Vision Retailing, Inc.
Susanne T. DeSanctis
Kenneth Revis
Clinton Bench
Nancy Dow
Deborah B. Goldberg
Angela and Chris Lanoue
Arthur J. Gallagher & Co
Jon Desmond
Mark and Karen Ridlen
Walter Bentson
Peter Durand
Elizabeth Good and Tucker
Peter Launie
Susan and Robert Montgomery
Winslow, Evans & Crocker, Inc.
Keith Dragon
John and Patricia Roberson
Eric Bentz
Westy and Susan Egmont
Julie Fagan
David and Barbara Roberts
Radhika Bhattacharya
Paul and Lisa Eisenberg
Matthias Ferber
Fradique Rocha
Jodi A. Wolin
Genevieve and Justin Wyner
Communications
Michael Bojanowski
Sean Ellis
Rosebrock
Kravitz
Caroline Miller
Thomas Montanari and Temple
Goodhue
Richard T. Lawler
Scott and Janet Moore
Peter Gori
Lisa Lederer
Nicole Morell
Jeanne Goswami
Mary Kay Leonard
Thomas Cashdollar Morris
Andrey and Lisa Mykyta
Lynn W. Smiledge
Renee and Sammy Wood
Marla Dolan
Linda A. Lunn
Stephen T. Romano
The Chiofaro Company
Christina Nagler
Maureen A. Smith
WORK, Inc.
Dorothy L. Donahoe
Ari Lurie
Rachael S. Rosselli
Cliff Bar & Co
Nauset Garden Club
Debra A. Sordillo
Siyu Xiao
Claudine Donikian
Jenny Mackintosh
Amanda Ryle
Cookie Monstah
Lindsay Neagle
Louis Sostilio
Junbo Zhang
Denise F. Doyon
Gina Magnuson
Norman and Patricia Sabbey
Robert Gordon
Michael Nichols
Alexander Souroufis
Morton and Myra Zisk
Marilyn Duffy-Cabana
Georgette Burpee Maloof
Abbas and Mary Alice Samii
Goulston & Storrs, PC
Ben and Joanne Niedermeyer
Barbara Anne Sousa
Duncan Spelman and Elizabeth
Michelle Marcinelli
John W. Sears
Graybar Electric Company, Inc.
Herbert Nolan
Mary E. Stack
$1 to $99
Robert and Normajean Marston
Daniel Sieger
Greater Boston Convention and
Tim O’Brien
Judith J. Stackpole
Kirsten Alexander
Morris Englander
Sharon Walker Mastenbrook
Thomas Alan Smarr Jr.
Grady
Visitors Bureau
Greg O’Keeffe
State Street Foundation
Helen Alkon
Michael and Gayle Epp
Pavlina Atanasova
Jerome Smith
Harpoon Brewery
Jennifer Osterhout
Joan Lukey Stevenson
Phyllis Andersen
Chris and Fred Fahey
Lisa Melpignano
Alice Speck
Howard Stein Hudson Assoc
Thomas C. Palmer, Jr.
Janet Stewart
Anonymous
John & Anne Fanton
Barbara Boyce Meyer
Marsha Anne Staten
Improper Bostonian
Robert and Joanne Paone
Patricia and Wesley Stimpson
Noah Atlas
Joy Feldman
Margaret E. Michaud
Jean C. Stewart
InterContinental Boston
John M. Pearsall and Mary Ellen
Sigourney Street
Robert J. Avalle
Maureen A. Ferris
Kara Miller
Ellie Sullivan
JetBlue
Miller
Anne Marie and Mark Sutton
Joanna Baker
Sam Flynn-Alling
Whitney Moberg
Gloria Sullivan
Julian Tryba Photography
Tony Pell
Maureen O’Brien and Robert
Ali Baldassare
Nicole Giammarco
Morning Study Group of the
Michael and Jessica Tarselli
KHJ Brand Activation
Eric Bastine
Janet Z. Giele
Christopher Taylor
The Liberty Hotel
Matthew Peterson
Sweeney
Lexington Field & Garden Club
Mary Pichetti
Lindsey Swett
Maureen Benoit
Elizabeth Goldman
Judy Murdock
Clifford Thompson
Lumenpulse
Rachel Irving Pitts
Donald J. and Barbara Tellalian
Barry Berman
Joan Gorton
Joan E. Murphy
Kevin Thurston
Marr Scaffolding Company
The Plymouth Rock Foundation
Bree Theobald
Krista Bialowas
Alyse Gould
Keegan Nashan
Lucca Townsend
Massachusetts Convention Center
Scott Poleo
Zachary Thomas
Moira Boles
Hillary Gove
Barbara C. Natke
Elizabeth Twombly
Richard and Sharon Polisson
Brynn Thompson
Borns Group
Donna and Gerardo Grieco
Elizabeth Near
Frank Ulip
MassDOT
Julia Pollack
Daniel Toscano
Barbara Jeanne Boylan
Emily Gullickson
Caroline Nehls
Uno Restaurant LLC
Massport
John J. Pregmon
Mary and Jim Tracy
Avrah Brandes
Saghar Hamidzade
Kim Lesley Nichols
Eric Volkernick
Mayor Martin J. Walsh and the City
Malinda and Ron Pulicari
Charles and Anna Tretter
Andrew Brown
James Harder
Barbara L. Nihen
Lynne Waldman
Alden S. Raine
Michael Ratty
US Bank Global Corporate Trust
Services
Ruthann Buchman
John and Jocelyn Hayes
Sean O’Connell
Sonia Weinhaus
Gail Burchard
Melissa Henry
Terese O’Connell
Glen and Marcia Weisbrod
New England Security Group
Donna Burke
Ann Hershfang
John and Joanne O’Donnell
Margaret Ruth Wermer
Daniel Passacantilli
Josephine and Andrew Burke
Grace Holley
Bryan Olds
Doris H. Wilson
Peterson Party Center
Marlen Cale
Susan Houle
Sheila O’Neill
Sandra Wong
Prince Lobel Tye
Claire Cardella
Sarah Hutt
Chris Osgood
Daniel Zeese
Radian
Polly Carpenter
Joanne F. Jacobs
Maureen Osolnik
Suhui Zhang
Rugged Events
Alicia Palombo
Carolyn M. Parsons & George H.
Thomas Ready
Robyn Reed
Felipe Venegas
Mark Reedy
Michael and Vicki Vensel
Emily Renshaw
Jenna Ventorino
Miguel Rosales
Laura Vogel
Susannah Ross
Renata von Tscharner
Adam Castiglioni
Shirley Muirhead Jenkins
Diane Rubin
Don Washington
Anne Marie Cerami
Amy Jones
Abigail Ruettgers
Mindee Wasserman
Cameron Chateauneuf
Elizabeth Judge
Nahid Safar
Penny Barker Weeks
Nancy Conlin
Cathy Kaldy
James T. Salini
Robin Weeks
Eva S. Conniff
Karen and Edmund Marcarelli
Marc Casden Savatsky
Robin Weinberger
Doris Craig
Bridget J Keane
Cameron Sawzin
Dani Weinstein
Larry and Denise Cultrera
Melanie and Matt Kelly
Barbara Schwartz
Amy Sennett
Mike Seskevich
Rosalie Shane
Kathryn L. Wells
Robert A. White
Nancy Wilde
Dorothy and Richard Willey
Pace Willisson
of Boston
MBTA
Annick D. Van den Abbeele
John M. Schmid
Authority
Susanne Dao
Paul and Heidi De Genaro
Maryellen Dee
Cheryl Delaney
Paul S. and Helen H. Dewey
Sabroso
In-Kind Donors
Sarni Dry Cleaning
Allison Peabody
Above Summit
Serafina
Michael Pistininzi and Megan
Alexander, Aronson, Finning & Co
Shawmut Design and Construction
Art New England
Studio Echelman
Colleen Richards Powell
Arup
Tishman Speyer Properties
Robyn Kenny-Londergan
Deborah Pryor
Autodesk, Inc.
Trade
Dorothy A. Keville
Emily Rabin
A. Bonadio
Vanasse Hangen Brustlin, Inc.
Megan Kiely
Edward Rabinovitz
Boston Calling
WBUR
Judy Komarow
Shelly B. Rainen
Boston Common Coffee
WBZ
Judy and Peter Kugel
Ganesh Rao
Boston Globe
Wicked Wine
Robin Laverdiere
Angela Rappoli
Cabot Creamery Cooperative
Zo on the Go
Celebrity Series of Boston
Central Wharf Co.
Parsons
Lindsey
Marilyn Shepard
Marcelle M. Willock
Karen D. Skinner
Amy M. Wixon
Robert DiGirolamo
Elizabeth Callery Lavery
Carolyn Reckhow
Leone Nell Smets
Anita Wolin
J. Lawrence and Elaine B. Dohan
Howard and Gareth Levy
Ryan Robert
Vicky Dhima
Ryan Iron Works, Inc
Operating Revenue and Support Government support, MassDOT FINANCIALS
In July 2015, the Board of Directors voted to approve a change in
the Conservancy’s fiscal year end from June 30 to December 31
for years beginning on and after July 1, 2014. This was initiated to
better reflect a natural business year. At the recommendation of our
auditors, FY15 was extended to 18 months (July 1, 2014-December 31,
2015) to accommodate the change. FY16 will reflect the new January
1-December 31 calendar fiscal year.
During the FY15 18-month period, the Conservancy achieved
unprecedented growth in private revenue and in-kind support, in
large part due to an extensive public art campaign. Earned income
in FY15 also increased significantly because of strong management
of the Mobile Eats Program paired with the continued strength in the
food truck industry; other notable earned revenue factors included
event fee opportunities and contracted maintenance and horticultural
services for two abutting properties. In addition to the Greenway
Gala fundraising event, the Conservancy introduced a new annual
fundraising event for young professionals. MassDOT funding for
maintenance and horticulture, including cash and in-kind, increased
in FY15 to help supplement for the care of new parcels that were
added to the Conservancy’s lease.
On the expense side, in FY15 the Conservancy grew the percentage
spent on programmatic items to over 85%. The majority of these
programmatic costs were for organic landscape care, park
maintenance, and hundreds of free public programs. The largest
increase was for the large-scale public art Echelman exhibit; a new
program introduced 2 park rangers for security and ambassadorship.
Administrative expenditures remained low in FY15 due to close
monitoring of budgets combined with new cost-saving approaches
to IT management. Fundraising efforts and associated expenditures
were increased to secure contributions for the expanded public art,
rangers, and volunteer programs.
Government support, grants In FY15, non-operating support included capital funding from
MassDOT for both equipment and new parcel improvements.
Significant contributions were also received from donors
to help fund a new drinking fountain and a major capital
repairs project in North End parks. In keeping with our
investment policy, the Conservancy continued to draw from
the endowment at a pre-set rate to fund current operations.
The Conservancy’s investment income was negative in FY15
due to poor market performance. In alignment with our fixed
asset policies, the Conservancy wrote off two discontinued
leasehold improvement projects and several disposed assets.
FY15 18-month period
$2,885,948
$119,000
In-kind revenue - public $442,500
In-kind revenue - private $664,064
Contributions and grants $2,238,122
Gala & event revenue, net $352,390
Earned revenue $1,142,095
Endowment draw for current operations Other Income and recoveries Total operating revenue and support $961,508
$10,973
$8,816,600
Operating Expenses before Depreciation Programmatic $7,593,413
Administrative $495,938
Fundraising $723,367
Total operating expenses before depreciation $8,812,718
Depreciation $407,109
The Greenway operates with a public/
private funding model. Since its founding, the
Conservancy has leveraged its government
support to raise more than $34M through
philanthropy and other private funds.
Non-Operating Revenue and Support Government support, MassDOT - capital projects $299,456
Government support, grants - capital projects $225,000
Contributions and grants, capital projects $50,000
Endowment draw for current operations $(961,508)
Investment income, net of fees $(730,061)
Write-off of assets no longer in service $(303,355)
Total non-operating revenue and support $(1,420,468)
Change in net assets $(1,823,695)
Net assets, beginning of the year $21,599,021
Net assets, end of the year $19,775,326
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