George I. Alden Trust was established with the broad aim of supporting charitable or philanthropic enterprises, with a specific focus on promoting education in schools, colleges, or other educational institutions. The Trust particularly valued the advancement of education at Worcester Polytechnic Institute (WPI), vocational education in Worcester, and the efforts of YMCAs. The Trust grants the Trustees wide discretion to adapt its focus over time to meet changing needs and priorities, always aiming to do the greatest good for the greatest number.
The George I. Alden Trust's Higher Education Grant program focuses on supporting capital needs that directly enhance the quality of undergraduate education across a variety of academic disciplines. This includes funding for the upgrade or construction of educational facilities such as classrooms, libraries, laboratories, and auditoriums, along with the purchase of necessary equipment and furnishings for these settings. The Trust has a history of providing outright grants as well as occasional challenge grants to encourage increased philanthropic support from institutional constituencies. First-time applicant colleges and universities might receive up to $100,000 in funding.