The Foundation is dedicated to promoting sustainable and equitable community growth, enhancing educational opportunities, understanding the interconnection between rural and urban economies, and protecting working landscapes and those who depend on them. It focuses its efforts on coastal regions of Maine, Massachusetts, Rhode Island, and selected international locations with a significant portion of its resources devoted to Southeastern Massachusetts.
The Island Foundation's Alternative Education Grants program focuses on supporting a select number of experiential education programs, after-school programs, and alternative education schools. In alignment with its tradition of pursuing alternative and unconventional approaches, the foundation prioritizes informal and school-based initiatives that connect young people with the natural world, promote community service appreciation, and respect diverse backgrounds and learning styles. Special interest is given to programs related to maritime trades, hands-on marine education, and efforts increasing access and opportunities for at-risk youth.