Charles B. Degenstein established three separate and independent charitable foundations during his lifetime, each with its own set of criteria and guidelines. These foundations aim to support qualified organizations through grants, focusing on their unique goals and objectives.
The 1994 Charles B. Degenstein Foundation awards larger grants based on the significance of the application to the foundation's goals and objectives, as well as the potential impact and value to the region within a seventy-five-mile radius of Sunbury, Pennsylvania. The foundation has specific submission deadlines to ensure timely review before their quarterly meetings.