Anderson Stewart Family Foundation Donates $1 Million to CFVI, Establishes Endowment for Long-Term Support in USVI

The Anderson Stewart Family Foundation has announced a $1 million donation to the Community Foundation of the Virgin Islands (CFVI), formalizing the family’s long-standing commitment to the territory and laying the groundwork for permanent philanthropic support throughout the U.S. Virgin Islands. The contribution will establish a donor-advised fund managed by CFVI. Unlike traditional one-time grants, the fund is structured to grow over time, using investment income to support local nonprofit organizations across the Virgin Islands in perpetuity. Annual distributions will be based on the fund’s investment returns, creating an ongoing stream of support for charitable efforts. CFVI’s expertise in the territory’s nonprofit landscape will guide the disbursement of funds. “This generous gift not only builds on the Anderson family’s legacy in the Virgin Islands, but it will provide a sustainable funding source to address pressing community needs for years to come,” said Dee Baecher-Brown, P...