William Caspar Graustein Memorial Fund (WCGMF) is an independent non-profit private foundation based in Hamden, Connecticut. Established in 1946, the mission of the foundation is to achieve equity in education by working with those affected and inspiring all to end racism and poverty. The assets of the foundation are managed by the board of trustees.William Caspar Graustein Memorial Fund's investment portfolio is valued at $117.98 million, with investments in domestic and international equity, fixed income, private equity, and cash.