The French American Charitable Trust
September 23, 1999 | Read Time: 1 minute
History: Established as a family foundation in Bermuda in 1990 by Charles F. Feeney, co-founder of Duty Free Shoppers Group.
Purpose and areas of support: Supports grassroots groups that “address fundamental inequalities and injustices” in American society. It makes grants in three areas: environmental health, social and economic justice, and bolstering the organizational capacity of non-profit groups. The foundation also makes grants to community-based groups in France.
Assets: $42,868,478 as of June 30, 1999.
Grants and operating programs: Will distribute about $3.5-million this year.
Key officials: Diane V. Feeney, president; Danielle Feeney, chairman of the Board of Directors.
Application procedures: Does not accept unsolicited grant proposals.
Address: 303 Sacramento Street, Fourth Floor, San Francisco 94111; (415) 288-1305.