Mission and Purpose

Purpose Statement Chautauqua Foundation, Inc. was formed in May 1937 for the following stated purposes: 1.  To assist the Chautauqua Institution, Chautauqua, New York, in carrying out and extending its educational, religious and other purposes.  2.  To solicit, receive and to acquire by gift, purchase, devise, bequest, or in other lawful ways, real and personal property. 3.  To hold such property and to invest and reinvest the same and receive the income thereof and to pay said income, less proper expenses, at least annually to the Chautauqua Institution, Chautauqua, New York, for the furtherance of its corporate purposes; except that, if this corporation acquires property for particular purposes or subject to specific conditions, neither said property nor the income there from shall be paid or transferred to the Chautauqua Institution, unless said Institution fulfills such purposes and conditions. If Chautauqua Foundation, Inc., receives property, by gift, devise or bequest, subject to conditions or for specific purposes, which conditions and purposes the Chautauqua Institution fails, refuses or has not the corporate power to observe or carry out, such property shall be disposed of as directed by any court having jurisdiction. 4.  Upon such terms as it approves, to dispose of any of its property which it deems unwise to hold. 5.  In case the Chautauqua Institution ceases to exist, or to function in accordance with its corporate purposes, to pay over its income and hold or dispose of its property for the benefit of some similar religious or educational institution, as may be directed by any court having jurisdiction. 6.  To do all lawful things proper or needful to accomplish the purposes hereinbefore expressed.     Article II, Corporate Charter May 14, 1937 Mission Statement The Chautauqua Foundation, Inc., is the organization responsible for the philanthropic funding of the Chautauqua Institution. In this role it will: Develop and maintain programs, products and vehicles appropriate to the philanthropic needs of the Institution as determined by the board of Trustees and the Administration.  Assure fiduciary care in the investment, custody and administration of funds raised.  Disburse funds to the Chautauqua Institution in compliance with the Chautauqua Foundation Charter and the requirements imposed by donors.  Develop and maintain a competent and active Board of Directors and other volunteers as appropriate.  Develop, maintain and direct a professional staff appropriate to carry out the above responsibilities.  In the discharge of its responsibilities, the Chautauqua Foundation will be guided by the Chautauqua Challenge as adopted by the Board of Trustees. The Foundation will be dedicated to quality and integrity in all of its internal and external relationships.  The Foundation will anticipate and accept change while maintaining an understanding and appreciation of the history of the Chautauqua Institution in general and the Foundation in particular.