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Wilson Foundation to get advice on grants from local organization

The Ralph C. Wilson Jr. Foundation will continue to seek counsel from the Community Foundation for Greater Buffalo, in order to achieve local insight and connect with other local grant makers, as part of its mission to distribute more than $1.2 billion over the next 20 years.

The foundation, in a press release, also announced that it has engaged three firms, each acting independently to manage a separate pool of the foundation’s assets. They are J.P. Morgan, The Northern Trust Co. and Graystone Consulting, a business of Morgan Stanley.

Four other groups have been named as partner institutions in the 20-year project, designed as a legacy for the Buffalo Bills’ founder and longtime owner.

“We are confident that these partners will help us establish and guide the foundation to make a lasting and sizable impact that is fitting of the great man who made it all possible,” Wilson’s wife, Mary M. Wilson, said in a statement.