They also decided that the foundation should spend itself out of existence.
The 10 largest American foundations, which have $25 billion in assets, now spend about $100 million for international activities.
To continue the Cornell study, the foundation is spending another $125,000 over two years.
Many in the food world have long questioned how the foundation was spending its money.
So far, the foundation has not spent anything on health care projects.
But the foundation spent nearly $3 million on fund-raising and other expenses.
In its first seven years of operation, the foundation spent $23 million on American scholarship.
Precisely how much money the foundation will spend remains unclear.
The foundation had spent $1 million by 1949 to develop the process, which was available for use at a price of $400 per month.
The foundation has spent most of its life in an 8,000-square-foot town house on East 73rd Street with only limited space for public programs.