Astor estate donates $9M for education programs - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

Astor estate donates $9M for education programs

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NEW YORK (AP) - A fund created with assets from philanthropist Brooke Astor's estate has awarded $9.2 million in grants to New York-based organizations for education and literacy programs.

The charitable donations were awarded by the New York Community Trust six years after Astor's death.

The Wall Street Journal reports that about $7 million will be shared by 15 charities favored by Astor. Among them is the Wildlife Conservation Society.

Some $2 million will be distributed among six charities to support nonprofit programs that improve reading skills among disadvantaged grade school students. Of that money, $586,000 is going to the Reading Excellence and Discovery Foundation for a program at three schools in the Bronx.

The grants come from the trust's $43 million Brooke Astor Funds for New York City Education.


Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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