What The Foundation Does
The Foundation invests the principal of each Fund through its custodial and trustee banks and investment managers for the continued production of income. This income is distributed in the form of grants and scholarships to a wide variety of organizations and individuals. Under certain circumstances a portion of the invested principal is also allocated for distribution according to the provisions of the document that created each Fund. The purposes for which the Foundation makes these grants include arts & culture, community economic development, education, health, basic needs, land use, recreation, and other charitable areas of interest.
How it Works
The Foundation invests the principal of each Fund through its custodial and trustee banks and investment managers for the continued production of income. This income is distributed in the form of grants and scholarships to a wide variety of organizations and individuals. Under certain circumstances a portion of the invested principal is also allocated for distribution according to the provisions of the document that created each Fund. The purposes for which the Foundation makes these grants include arts & culture, community economic development, education, health, basic needs, land use, recreation, and other charitable areas of interest.