History In the legacy of Algernon Sydney Sullivan and Mary Mildred Hammond Sullivan, George Sullivan established the foundation in 1934. The Foundation primarily aims at providing financial assistance to deserving students in approximately 61 colleges. The foundation also provides education in the field of Social Entrepreneurship. Functions From 1925, the foundation has helped students in diverse fields of study, by setting up scholarships with local colleges. Board of Trustees Gray Williams, Jr. (Trustee Emeritus) Stephan L. McDavid, Esq., President Thomas S. Rankin David C. Farrand Elizabeth Hamilton Verner Darla J. Wilkinson, Esq. John Clayton Crouch John C. Hardy Philip C. Watt Peter A. Rooney Perry Wilson Notes Educational foundations in the United States