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J.A. and Kathryn Albertson Foundation Charity Profile
Joe and Kathryn Albertson established the foundation in 1966. From its beginning, the philanthropy gave to a variety of charitable causes within Idaho, where the couple met, married and started their family. As Foundation assets grew and more grants were provided, the Foundationís giving began to focus primarily on one area ó education ó because Joe and Kathryn felt strongly that a good education was essential in helping open doors of opportunity to everyone.
Joe Albertson passed away in 1993.
Kathryn remained active on the Foundationís Board of Directors and, in 1997; she gave a generous gift of $660 million worth of Albertsonís Incorporated stock to the Foundation. This contribution propelled the Foundationís yearly giving level from approximately $2.5 million to more than $35 million. Kathryn was a Director Emeritus on the Foundationís Board of Directors until her passing in April, 2002. Today, Foundation giving remains earmarked for the improvement of education in Idaho.
J.A. and Kathryn Albertson Foundation
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