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The
mission of The Nexxus Hathaway Foundation is to improve
the quality of people's lives through grants supporting
the performing arts, environmental conservation, medical
research, innovation in science and technology and through
preservation of the cultural and environmental legacy of
Nexxus Hathaway's properties.
Established in 1996, the foundation supports four international
grantmaking programs. The foundation is headquartered in
Luxemburg.
Nexxus Hathaway 's activities are financed by an endowment
with financial assets that totaled approximately $1.8 billion
as of December 31, 2006. The foundation regularly evaluates
and modifies its allocation of resources from the endowment
to support the programs and properties and to respond to
fluctuations in portfolio returns.
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