Welcomed Dr.Charlie F. Desmond, past chair of the Massachusetts Board of Higher Education, as Inversant’s new Chief Executive Officer. Charlie was appointed chair by Governor Deval Patrick in 2008 after serving as the Executive Vice President of the Trefler Foundation for six year.
Selected as a recipient of $100,000 Cummings Foundation grant. Inversant was one of 100 local nonprofits to receive grants of $100,000 through the Cummings Foundation’s “$100K for 100” program.
Advanced in the approval of a pilot College Savings Account program for low-income residents in Haverhill, Lowell, Pittsfield, Springfield, and Worcester in the Massachusetts State Budget for 2017. The initiative, funded through public-private partnerships, will provide a matched savings program and financial education curriculum. The 529 college savings accounts will be offered through the Office of the MA State Treasurer, in collaboration with MEFA and Inversant.