The Lloyd G. Balfour Foundation was established in 1973. The Foundation's 3 primary focus areas reflect Mr. Balfour's strong affinity for the employees of the Balfour Company; his commitment to the city of Attleboro, Massachusetts; and his lifelong interest in education. Specifically, the Balfour Foundation supports:

• Educational scholarships to employees of the Balfour Company, as well as to their children and grandchildren
• Organizations serving the people of Attleboro, with special consideration given to those organizations that provide educational, human services, and health care programming for underserved populations
• Educational organizations within the 6 New England states, especially those that promote college readiness, access, and success for underserved populations