The Princess Grace Foundation
In Monaco
She started the Princess Grace Foundation-Monaco in 1964. It helped students worldwide involved in the arts pursue their dreams, get jobs, loans, and scholarships. It was a non-profit organization that Grace personally had an interest in. She would give money in informal ways anonymously. (T. Boshak, personal communication, November 13, 2014).
In the USA
The Princess Grace Foundation-USA was opened in 1982. It was started in recognition of Grace Kelly by Prince Rainier III. It was her dream to open her foundation in the U.S. Famous friends of hers, like Frank Sinatra, were on the founding board. The Princess Grace Award was also created in 1994 to support students for their exceptional play writing. They are eligible for more support in the arts. (T. Boshak, personal communication, November 13, 2014).
(pgfusa.org: Mission tab 2015)