In 2005 the Board of Directors of TGF approved a fund from which TGF could provide scholarships to outstanding undergraduate and graduate students of the environmental sciences in the New York area. The TGF Founders Fund carries the 21 names of the 1963 charter members of TGF. In 2010, TGF launched the Founders Fund Society to create an endowment for the Founders Fund in an effort to protect and sustain the scholarships in the years ahead. The program currently offers an annual academic merit scholarship of $3,500 to an exceptional student in an environmental program of study.
Every year, TGF sponsors enrollment of several children in the New York State Department of Environmental Conservation summer camp program. This program gives kids the opportunity to participate in the DEC Ecology Workshop, which allows them to become more aware of the environment, and to learn about forest and wildlife management.