The Stuart Foundation (formally the Elbridge Stuart Foundation) is a left-leaning grantmaking foundation formed by Elbridge A. Stuart, the creator of Carnation-brand evaporated milk. Its principal focus is on education in the state of California.
Background
The Stuart Foundation was started by Elbridge A. Stuart in 1937. Elbridge Stuart formed the Carnation company, a food processor best known for its evaporated milk product. Carnation was later sold to the Nestle corporation in 1985 for $3 billion. 16
Funding
While the Foundation’s endowment investments are its principal source of revenue, in 2018, the William and Flora Hewlett Foundation provided a grant to the Stuart Foundation for a learning collaborative based on state-level education equity. 0){
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