The Frank B. Hazard General Charity Fund, established in 1924, aims to support charitable organizations that serve low-income populations by providing basic needs. It has a specific focus on serving the people of Providence, Rhode Island, and mandates that these organizations be under the management of individuals who are predominantly of the Protestant faith.
The grant program is guided by the principle of supporting charitable organizations which focus on providing basic necessities to low-income groups within Providence, Rhode Island. It emphasizes assistance from organizations managed mainly by individuals of the Protestant religious faith, reflecting the founder's specific vision for the fund's charitable outreach and impact.