Residents of Rochester for virtually all of their lives, Max and Marian Farash cared deeply about their religious and civic communities and greatly valued the importance of education and entrepreneurship. In 1988, they established the Foundation, which, in accordance with their wishes, makes grants to community organizations in Monroe and Ontario counties, half of them for Jewish projects and programs.
In 2007, a community-based Board of Trustees was recruited to set the stage for the formal grant-making process to be used in the long term. Reflecting the founders’ interest in supporting both education and entrepreneurship, the University of Rochester’s William E. Simon Graduate School of Business Administration and the Wharton School at the University of Pennsylvania are invited to have representatives on the board. Others on the board represent a spectrum of Jewish and community interests.