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HCE History
The idea for the HCE began during the time when the town was deciding to build a new High School in the late 90’s. Many citizens were concerned about property taxes as capital projects caused large increases. In searching for ways to control the inevitable effect on taxes, a group of citizens looked to the endowment model as a perfect way to proactively plan for the town’s future. As such, the Hopkinton Community Endowment came into being as a creative solution to sound financial planning on the municipal level.
Today, the HCE is seen as a community’s unique and creative response to the always present capital needs of the town. Hopkinton has a history of always pulling itself up by its own bootstraps and the HCE is the most recent example of that tradition!
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