Charities Aid Foundation America Receives $1 Million From Owens Corning Foundation

Washington, D.C.-based Charities Aid Foundation America has announced an unrestricted gift of $1 million from the Owens Corning Foundation in Toledo, Ohio, in accordance with the wishes of the late Sir Trevor Holdsworth, who was a director of the Owens Corning Foundation.

The gift will be made in ten annual payments of $100,000 through a charitable awards program at the Owens Corning Foundation that allows directors to recommend an educational institution or charitable organization for a gift after their death. Holdsworth, who passed away in September 2010, formerly was president of the Confederation of British Industry, chancellor of Bradford University, a governor of the Ashridge Business School, a longtime leader in the British manufacturing sector, and a concert pianist. He was named a Commander of the Victorian Order by Queen Elizabeth II for his service on the international board of the Duke of Edinburgh Award.

"We are very grateful to the Owens Corning Foundation and the family of Sir Trevor for supporting us in this fashion," said CAFAmerica CEO Susan Saxon-Harrold, who graduated from Bradford University and worked there at the start of her career. "Sir Trevor is well remembered as a business leader and an active supporter of philanthropy in the UK and elsewhere around the globe."