As stated in the ByLaws, the Thomas Munson Foundation has multiple purposes (The Munson Record, Volume III, p. v-vi).
a. To provide financial assistance to deserving students who are lineal descendants of Thomas1 Munson (1612-1685), or their legally adopted children, for scholarships to pay for, or contribute toward their college or post-graduate education.
b. To research the history and development of the Thomas1 Munson family for the purposes of publishing genealogical data and other family records and of identifying candidates eligible for the Foundation’s scholarship awards.
c. To provide a medium for recognition of achievements of lineal descendants of Thomas¹ Munson
d. To assist any organization or organizations engaged in the collection, restoration, or preservation of artifacts, documents, memorabilia, monuments, buildings, or land sites of historical interest to the citizens of the United States, provided that such organization are exempt organization under Section 501 (c)(3) of the Internal Revenue Code of 1954 (the “Code”).
e. To further knowledge and understanding of the Declaration of Independence and the Constitution of the United States and The values and ideals expressed in these documents.
f. To solicit and receive funds and property to be used for any of these purposes.
g. To preserve family documents and historical materials for use by present and future family researchers.