2000- A Trustee Recognition grant program was established in honor of their dedicated service. The first grant honoring Thomas Fox was made to Williams College for summer internships in the Caribbean and Africa. After much reflection and to better reflect the philanthropic interested of the founder, a new United States based gay and lesbian program was established and the first grant was made. By the end of 2000, total grants since 1983 exceeded $500,000.
1999 – The first installment of a four-year $50,000 challenge grant for the new National Museum in Basseterre was made. The endowment reached $2,300,000.
1998 – In celebration of the 15th Anniversaries of the Federation of St. Kitts and Nevis and Mukti Fund, commemorative grants of $15,000 each were made to the School of Continuing Education at the University of the West Indies for the revival of the Leeward Island Drama Festival on Nevis, and to the Department of Culture of the Government of St. Kitts and Nevis for a mural at the Bradshaw Airport in Basseterre. Judith Towle was elected Chair.
1997 – The tenth grant was made to the Small Grant Program, which had disbursed more than $70,000 in local small grants since 1986.
1996 – Under the sponsorship of CIC, a grant assisted two experts form the Project for Public Spaces, Inc. to explore public space issues and traffic congestion. In partnership with the Nevis Co-operative Credit Union a revolving micro-loan fund was established. The Fund’s endowment surpassed $1,500,000.
1995 – The first of several grants was made to the Atlantic Center for the Environment to allow a resident from St. Kitts or Nevis to participate in its fellowship program. Grants since 1983 totaled over $250,000.
1994 – Thomas Fox was elected Chair and William Moody Vice-Chair of the Fund.
1993 – The fund’s endowment was turned over to two investment managers with instruction to implement a socially responsive investment screen. Administration of the Small Grant Program established in 1986 was transferred to the St. Christopher Heritage Society (SCHS) in partnership with the Nevis Historical and Conservation Society (NHCS) and continued until 2002. A multi-year grant was made to SCHS for its long-term institutional growth, including employment of an Executive Director. The trustees adopted their second five-year strategic plan for 1993-98.
1992 – The first multi-year grant to IRF was made to support institution and program development for St. Kitts and Nevis environmental non-governmental organizations (NGOs) which continued as a Mukti Fund priority for the next 12 years.
1991 – Judith Towle of the Island Resources Foundation (IRF) was elected trustee. The Trustees established a Trustee discretionary grant program. A multi-year collaboration with Florida Association for Voluntary Agencies (FAVA/CA) assisted the Beautiful Basseterre committee with its architectural heritage project. The Fund’s total grants since 1983 exceeded $100,000 and the endowment grew to more than $1,000,000.