The foundation, established by Paul Cressman Sr. in 1968 at the behest of Byron and Alice Lockwood, aims to give back to the local community in the Greater Seattle Area. It focuses on supporting organizations in education, health, and human services, prioritizing those with a history of impactful and efficient fund use.
The grant program is guided by the Lockwoods' interests in education, health, and human services, reflecting their commitment to community contribution. It evaluates grant requests based on the potential for high impact and efficient fund utilization, continuing the Lockwoods' legacy of meaningful support in these key areas.