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Vincent Astor Foundation

charitable endowment

Quick Summary

The Vincent Astor Foundation was a charitable endowment established by Vincent Astor, heir to the Astor family fortune, which originated in the fur trade and later focused on New York City real estate. After Vincent Astor's death in 1959, his widow, Brooke Russell Astor, became president of the foundation.12

Under Brooke Astor's leadership, the foundation distributed approximately $195 million over 35 years, providing nearly 100 grants annually to various organizations. These grants supported cultural institutions, civic programs, and charities in New York City, including those assisting the homeless and initiatives for building parks. The foundation closed in 1997.2

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2 Britannica Sources
  1. Astor family
  2. Brooke Russell Astor

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