The Savoy Foundation supports educational initiatives for children’s education, particularly with a connection to Italy. Recent grants by the Foundation have gone to St. Brigid School, which is located in the lower East Village neighborhood of Manhattan, specifically in support of its Italian Language Program. At the heart of the curriculum at St. Brigid School is a study of the arts, which is apt since the school was named after the patron saint of the arts. The school offers a rare enrichment program by offering students the study of the Italian language.

The Savoy Foundation has made grants to the Italian American Committee on Education (IACE) which promotes the study of the Italian language and culture within the tri-state area of New York, New Jersey and Connecticut. Grants in support of preserving the college admissions advanced placement test in the Italian language and incentive grants for Italian language instruction for teachers’ instructional material to be used towards their Italian curricular courses.

Grants by the Foundation have gone to the Charitable and Educational Trust, Sons of Italy in America; to Teatromania in support of a theatrical event “Orlando in Love,” based on Boiardo’s Renaissance poem “Orlando Innamorato;” to New York University Casa Italiana Zerilli-Marimo, in support of its Italian language and history programs; to Casita Maria Center for Arts and Education, in support of its children's music program; and to the Latin Patriarch of Jerusalem's American University of Madaba Scholarship Fund.

In 2016 a grant to the Children’s Education Fund (HCEF) of the a Holy Land Christian Ecumenical Foundation, Inc. will provide the full tuition costs of a 100 children or partial tuition according to their financial need. In line with its ecumenical mission, HCEF works to support all Christian denominations in the Holy Land. Donations to CEF help support children who attend Latin (Catholic), Greek orthodox, Franciscan, Melkite Catholic, Syrian Orthodox and Lutheran schools, ensuring Christian diversity in the Holy Land.

Since funding for arts supplies and programs with cultural organizations in New York City public schools has fallen dramatically since the Department of Education ended dedicated per pupil arts funding , the Savoy Foundation recently made grants to Casita Maria Arts and Education Center to supplement and foster its music program.