The Legacy Grants Group was formed in 2008 in a merger of the Chace and Bequests Granting Groups. The stated purpose of Legacy grants was to strengthen Quaker Institutions and further Friends Testimonies. In FY 2012, income from PYM’s unrestricted funds ceased to be used for grant making. The restrictions of the three remaining Legacy funds — the Virginia Keeney Trust, the Mary Pusey Trust, and the Frank Scheibley Trust – were too narrow to fulfill this stated purpose.
In June 2012, the three remaining Legacy funds were divided: Scheibley Trust income is now distributed by the Jeanes Granting Group, and Keeney income by Meeting House Trusts. Legacy could then only distributes income from the Pusey Trust, which is restricted for support of existing PYM homes for the elderly; hospitals under PYM care; Friends Journal; PYM Meetings providing financial assistance in the education of young Friends, and AFSC social service within the United States.
In December 2012 the Legacy Grants Group changed its name to the Pusey Granting Group to reflect the narrowed scope of its granting: Pusey can support only support existing PYM homes for the elderly; hospitals under PYM care; Friends Journal, and projects thereof; PYM Meetings providing financial assistance in the education of young Friendsl; and AFSC social service projects within the United States.