The mission of the UNICO Foundation is to support charitable, scientific, educational, literary, and religious purposes, primarily through offering scholarships. As a 501(c)(3) Corporation, it focuses on accepting and making donations, grants, awards, and more. The Foundation's primary project involves granting scholarships, with over 40 awarded each year, along with making substantial grants to areas like Cooley’s Anemia, Mental Health Organizations, Italian Studies, cancer research & prevention, and food bank/shelter efforts.
The UNICO Foundation's grant program underscores a deep commitment to supporting educational and community welfare projects. Among its various initiatives, the Maria and Paolo Alessio Southern Italy Scholarship exemplifies this commitment by offering financial assistance to a student pursuing higher education. Valued at $2,500, this scholarship enhances the educational opportunities for students, thereby fulfilling one aspect of UNICO’s broad goals to support charitable, scientific, cultural, educational, and literary projects that benefit the community at large.