The Owens Corning Foundation recently donated $1 million to the Washington, D.C.-based Charities Aid Foundation America to help with educational initiatives.
The gift was made by the Toldeo, Ohio-based foundation after the passing of Sir Trevor Holdsworth, the former director, in accordance with his dying wish. The funds will be given to Charities Aid Foundations America in ten payments of $100,000. The directors of the chairty will be able to use the money to decide which educational institutions are most deserving
"We are very grateful to the Owens Corning Foundation and the family of Sir Trevor for supporting us in this fashion," said CAFAmerica CEO Susan Saxon-Harrold upon receiving the contribution. "Sir Trevor is well remembered as a business leader and an active supporter of philanthropy in the UK and elsewhere around the globe."
According to its site, the Owens Corning Foundation was started in 1978 and since that time has worked to "enrich lives through charitable contributions."