Anderson Stewart Opens First $100,000+ in Grants

M.A. Dworkin

USVI - The Anderson Stewart Family Foundation has announced the first round of grantmaking from its $1 million endowment fund with the Community Foundation of the Virgin Islands (CFVI) in 2025, further reinforcing its long-term commitment to the future of the Territory. 

Established to provide sustainable support for nonprofit initiatives across the Virgin Islands, the donor-advised fund is designed to grow over time and generate annual distributions based on investment performance. This approach ensures a reliable and enduring source of funding for  charitable causes throughout the Territory. 

As a result of interest earned on its initial investment, the Anderson Stewart Family Foundation’s first round of annual grantmaking will see over $100,000 distributed to organizations across the community, supporting initiatives the family has long been committed to advancing. The portfolio reflects a balanced investment in education, youth development, culture and environmental sustainability, in the U.S. Virgin Islands - delivering both immediate community impact and long-term strategic value. 

This milestone builds on the Anderson family’s decades-long relationship with the U.S. Virgin Islands and highlights the strength of its longstanding partnership with CFVI, which has made this initiative possible. While the family has recently divested from local business interests, its dedication to creating a lasting, positive impact across the islands remains steadfast.

“On behalf of the Anderson family, we are truly honored to continue our 40-year investment in the Virgin Islands, “ said Richard Berry, spokesperson for the Anderson family. “Through our partnership with CFVI, we are proud to support organizations that are making a meaningful difference in the community. We are grateful for CFVI’s leadership and expertise in helping guide this work, and we look forward to continuing these efforts for generations to come.”

CFVI President Dee Baecher-Brown expressed appreciation for the family’s generosity and enduring partnership.

“The Anderson family has a long history of supporting charitable initiatives in the Virgin Islands, and we are proud to partner with them in this important work,” said Ms. Baecher-Brown. “This first round of grantmaking reflects both their deep commitment to the community and their appreciation of the role CFVI plays in identifying and addressing local needs. Together, we are helping to ensure a lasting and meaningful impact across our islands.”

This first distribution marks an important step in the fund’s long-term vision, one that will continue to grow and provide sustainable support for the Virgin Islands community for years to come. 

Since 1990, CFVI has been the leading philanthropic organization in the U.S. Virgin Islands dedicated to improving the quality of life for all Virgin Islanders.