Encore Boston Harbor and Connors Family Office to Advise on Distribution of Funds
EVERETT, MA (November 27, 2018) — Encore Boston Harbor is committing $10 million over the next four years to support a wide range of social programs and civic institutions that will help those in need and improve the lives of residents in local communities, the company announced today (Giving Tuesday). To assist in managing funds and identifying the most meaningful philanthropic efforts, the company is partnering with the Connors Family Office, led by local civic leader Jack Connors Jr.
“Giving back to the communities where our employees and guests live and work has always been a part of who we are as a company,” said Matt Maddox, Chief Executive Officer of Wynn Resorts. “It’s not in our corporate DNA to just write a check for a donation or buy a table at a charity event. We want to make an impactful difference in the lives of people and effect real and positive changes in our communities. We believe committing $10 million and teaming with the Connors Family Office will go a long way towards realizing our goal.”
Together, the Connors Family Office and Encore Boston Harbor will develop an Advisory Committee to advise on and assist in the disbursement of funds from Encore Boston Harbor. The committee will provide recommendations to Encore Boston Harbor for the distribution of funds, targeting programs that support at-risk-youth education, cultural enrichment and vibrant communities.
“It is impressive to see a new business come into town and make such a concerted effort to positively impact the surrounding community,” said Jack Connors Jr. “Encore Boston Harbor is poised to make a real difference for some very worthy organizations.”
Encore Boston Harbor has been active in local philanthropy prior to today’s announced commitment of $10 million. Long-standing recipients of Encore’s corporate giving include the Boston Pops, Wang Theater, New England Center for Arts and Technology, Disabled American Veterans, and Latino 30 Under 30, among others. Recently, Encore Boston Harbor donated $100,000 in support of The Greater Lawrence Disaster Relief Fund.
Encore Boston Harbor announced last week that it was the lead sponsor and supporter of a unique partnership between the Museum of Fine Arts, Boston, and the Boston Public Library that is bringing a major exhibit by renowned French painter Henri de Toulouse-Lautrec to the MFA.
The $2.6 billion Encore Boston Harbor resort is scheduled to open in June 2019.