Here are notable new grant awards compiled by the Chronicle:
Park Foundation
$25 million to Ithaca College to augment the endowment for its Park Scholar Program. This new grant follows $5 million the foundation gave to the scholarship program in 2014. Roy Park served as chairman of the college’s Board of Trustees from 1982 until his death in 1993; Dorothy Park died in 2016 at the age of 103.
Kendeda Fund
$24 million over four years to four recipients to help workers adopt democratic employee ownership plans at their companies across the United States. The grantees are the Evergreen Cooperative Corporation’s Fund for Employee Ownership, the ICA Group, Nexus Community Partners, and Project Equity.
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