Frederick McDonald Trust

OVERVIEW: The Frederick McDonald Trust supports education, health, and human services organizations in Albany, New York.

FUNDING AREAS: Education, health, human services

IP TAKE: Albany, New York nonprofits of all sizes and types should get familiar with this foundation.

PROFILE: Established in 1950, the Frederick McDonald Trust is a foundation that serves the state of New York. The founder wished for this trust to “support and promote quality educational, human services, and health care programming for underserved populations.” Managed by Bank of America’s Connecticut office, the foundation supports education, health, and human services.

This funder supports a variety of organizations that address local needs in these three categories. It provides general operating support, program support, project support, and capital support to local groups. Past local support has gone to Capital District Community Gardens, Capital City Rescue Mission, the Whitney M. Young, Jr. Health Center, and Senior Services of Albany.

Foundation grants are often approximately $10,000 each. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking is focused exclusively on the city of Albany, New York. The foundation makes grants for one-year periods on most occasions but may consider multi-year support as well.

This foundation accepts unsolicited grant applications from nonprofits. The annual application deadline is June 30, and applicants can expect to hear back with a funding decision by October 31. Grantseekers must use the Bank of America online system to apply for a grant. Direct general questions to the staff at ct.grantmaking@ustrust.com or 860-244-4877.  

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