What We Do

The Endowment was established to serve as a collective savings account for the residents of Hopkinton. As a charitable organization independent of local government, our mission is to raise and wisely manage funds for the benefit of our town, and ultimately to defray major capital expenses residents of the town approve through town meeting and local elections. In this way the Endowment helps lower property taxes and enhances the quality of our entire community.

The current Capital Campaign for the Hopkinton Center for the Arts fulfills that mission.

Basic Policies

• The HCE is a permanent endowment with a primary commitment to making contributions from the income earned from the investment of principal.
• The HCE functions as an independent private entity, separate from any government agency.
• The HCE will consider funding any capital project approved at Town Meeting or by ballot. It will not interfere with or seek to control projects.
• The HCE is non-political. It will not participate or intervene in any political campaign, or act on behalf of any candidate. It will not lobby for or initiate any capital project.
• The HCE will not contribute any funds to the Town of Hopkinton’s operating budget.