The first round of grants has been made from The New York Community Trust's $43 million Brooke Astor Funds for New York City Education, reports The Wall Street Journal.
More than six years after the death of philanthropist and socialite Brooke Astor, a first round of charitable donations has been made from a fund created with the assets from her estate, representing some of the last New York philanthropic gifts to be made in her name. Late last week, the New York Community Trust awarded $9.2 million in grants to New York-based organizations in support of education and literacy programs. Some $7 million will be shared among 15 charities favored by Mrs. Astor. That includes grants to the Metropolitan Museum of Art and the Wildlife Conservation Society....