The Foundation's purpose is to aid, provide, further, assist and make contributions, gifts, grants, or other forms of financial assistance exclusively to charitable corporations, organizations or associations organized and operating within the United States in the categories of civic, cultural and religion; education, literature, and science; hospitals; medical, medical research and mental health; rehabilitation and welfare; youth activities; and community funds.
The Foundation awards contributions, gifts and grants in the following categories:
Awards for scholarships are made to a few selected colleges and universities. Selections of those to receive scholarship awards are made by the colleges and universities. Religious contributions are basically limited to the local Episcopal churches.