The UNICO Foundation Inc. is a non-profit 501(c)(3) Corporation. This classification by the IRS allows various contributions to the Foundation to be tax-deductible.
The purpose of the Foundation is to receive, accept and make gifts, donations, grants, award scholarships, fellowships and the like for charitable, educational, literary and religious purposes.
Scholarships are our number one project. Each year UNICO National Foundation grants over 15 scholarships. There is one for post-graduate study in medicine, one for history and/or Archaeology of Ancient Mediterranean Cultures, one for the sciences, one for music, and one for other post-graduate studies. In addition there is a nursing scholarship, study abroad scholarship and literary scholarship for students currently enrolled in college.The other four are for undergraduate studies for four years. We have made substantial grants to Cooley’s Anemia, mental health organizations and the V Foundation. We have raised large amounts of funds for earthquake victims in Italy in addition to other worthwhile causes. The Foundation has also been instrumental in raising funds for various Italian Studies Chairs at Seton Hall University (South Orange, NJ), Montclair State University (Montclair, NJ), California State University at Long Beach, and the State University of New York at Stony Brook.
Every member of UNICO National is also a member of the Foundation.