Tuesday, July 26, 2016

The Dollars for Scholars Program

As the founder and president of the Lantern Group, a New York-based housing provider, T. Eric Galloway is responsible for strategic direction and management of the organization. Also involved in philanthropy, T. Eric Galloway cofounded the Galvan Foundation, a grant-making organization focused on improving the quality of life for Hudson, New York, residents. The foundation has supported health and human services, historic preservation, community events, and educational efforts such as the Dollars for Scholars Program.

Dollars for Scholars is administered by Scholarship America, a nonprofit founded in 1958 that provides scholarships and educational support for students who wish to attend college. The largest organization of its kind, Scholarship America has provided over $3 billion to 2 million individuals through Dollars for Scholars and other programs.

A volunteer-based network of chapters around the country, Dollars for Scholars enables local communities to work toward education goals and raise funds with the support and established structure of the national organization. Moreover, local chapters have access to ChapterNet, a Web-based management technology that allows chapters to develop individual websites and scholarship management.

Friday, July 1, 2016

What are Affordable Housing and HUD?

T. Eric Galloway is a diverse businessman with experience as a lawyer, judicial clerk, and business executive. Currently, T. Eric Galloway serves as a Trustee for the Galvan Foundation, a nonprofit charitable organization, and as the president of the Lantern Group, an affordable housing developer. Both organizations are based in New York. 

Affordable housing is generally defined as housing for low to middle-income households, and has a low enough cost that it does not affect the household’s ability to pay for other needs. To be officially defined as affordable housing, a property’s cost must not take up more than 30 percent of a tenant’s income. This is because households that pay more than this threshold will have difficulty meeting other obligations, such as food and clothing.

The United States Department of Housing and Urban Development (HUD) estimates that nearly 12 million households pay greater than 50 percent of their income on housing costs. To assist with state and local efforts to build enough capacity of affordable housing, HUD maintains several national programs. The Home Investment Partnership Program (HOME) which provides grants and direct housing assistance, and the National Housing Income Trust which supports capital programs to build housing stock around the United States.

Wednesday, June 22, 2016

The History of the Robert Jenkins House

T. Eric Galloway has overseen the community-focused activities of the Lantern Group since the nonprofit’s establishment in 1997. In 2012, T. Eric Galloway partnered with Henry van Ameringen to launch the Galvan Foundation, which seeks to improve the quality of life for Hudson, New York, communities through grantmaking, architectural conservation, and various other social initiatives.

A $25,000 award from the Galvan Foundation’s July 2014 round of grantmaking allowed the Hendrick Hudson Chapter of the National Society Daughters of the American Revolution (NSDAR) to restore the exterior of the historic Robert Jenkins House. Originally constructed in 1811, the Robert Jenkins House boasts a history dating back to the founding of Hudson.

The home sits on land originally purchased by Seth Jenkins Sr., the first mayor of Hudson, who, along with his brother Thomas, was one of the city’s founding proprietors. The land eventually passed to Seth’s son, Robert Jenkins, who built the house that now shares his name. Like his father, Robert Jenkins was a key member of the burgeoning Hudson community, serving as the city’s third and fifth mayor and filling various other political and civic roles.

The Robert Jenkins House became the permanent home of the Hendrick Hudson Chapter of NSDAR on May 15, 1900, when Frances Chester White Hartley presented it to the organization. Mrs. Hartley was not only one of the chapter’s charter members, but also one of Robert Jenkins’ grandchildren; in fact, she was born in the house. Since then, subsequent renovations and restorations have developed the house into the only museum in Hudson. It is now the site of the Robert Jenkins House Genealogical, Research, and History Reading Room and houses a variety of historical artifacts relating to the history of Hudson, the whaling industry, and the American Civil War.

Tuesday, June 14, 2016

Galvan Foundation Supports Health and Services Organizations

Monday, June 6, 2016

American Architect Isaac G. Perry

Cofounder of the Galvan Foundation in Hudson, New York, T. Eric Galloway began his career as an attorney after graduating from Harvard Law School. He then served as president of the Lantern Organization, LLC, developing affordable housing for low-income families. T. Eric Galloway and Henry van Ameringen began the Galvan Foundation with the aim to improve the quality of life of all Hudson residents, especially those who are vulnerable or economically disadvantaged.

The Galvan Foundation is currently working to convert the historic Hudson Armory Building into a 26,000-square-foot community center that boasts space for a public library, offices, community events, and a senior center. The armory building was originally designed by prolific New York architect Isaac G. Perry (1822-1904), who was famous along with his father, Seneca Perry, for skill in constructing spiral staircases. His well-known designs also include the New York State Capitol Building and Great Western Staircase, both in Albany.