Boston – Cummings, a Woburn-based organization made up of commercial real estate firm Cummings Properties and its affiliate Cummings Foundation, has been recognized as the Commonwealth’s “Top Charitable Contributor” by the Boston Business Journal. This is the fifth time the company has earned the top ranking.
During the virtual Corporate Citizenship Awards on Sept. 9, 98 companies were honored for their donations to Massachusetts nonprofits during calendar year 2020. Liberty Mutual and Granite Telecommunications took the second and third spots, respectively.
“Strengthening local communities has long been a driving force for our organization,” said Dennis Clarke, chairman and CEO of Cummings Properties and a trustee of Cummings Foundation.
Cummings Properties manages 11 million sq. ft. of debt-free commercial space, with 100% of the rental profits supporting local charities, primarily through the annual Cummings $25 Million Grant Program. Cummings has awarded more than $300 million to date in Greater Boston alone.
“Our ability to consistently give back at this level is in no small part due to the more than 2,000 local businesses that lease space from Cummings Properties,” said Clarke.