Grant Making Guidelines

It is the policy of the Foundation to give priority to institutions and agencies in New York City with programmatic activities in the following categories:

1. those which help underprivileged youth build good character and sound values;
2. those with innovative programs that focus on early childhood education;
3. those supported by both the Founder and his descendants that continue to perform effective services;

Consideration is also given to specific institutions which do not fit into the above categories but have been supported consistently by the Foundation over a long period of time.

The Foundation makes grants only to established institutions. It does not:

1. Support individuals through scholarship or other aid.
2. Support institutions dealing mainly with medical research, health care or health care training.
3. Generally support independent schools, colleges and universities excepting those that the Foundation has consistently supported over a long period of time, or to match gifts made under matching gift plans;
4. Make loans;
5. Manage programs or projects;
6. Make grants to endowment.

March 2014