Reported is an evaluation of an innovative program funded by the Federal Government to simultaneously provide: (1) grandparents for dependent, neglected and emotionally disturbed children institutionalized in hospitals, various child welfare agencies, and institutions for the retarded, and (2) employment for the aged. In overall impact, the program demonstrated its viability as an effective instrument in reducing poverty among the poor by raising them above poverty income level, providing a new and needed role for the aged, and gaining acceptance as a feasible part of the total programs of the varied types of institutions. The principal recommendation is that of the need to expand the program on a large scale to provide employment for older people. Other findings comprehensively cover: organizational structure; orientation of local projects; functions of local agencies; recruitment, screening, selection, training, and supervision of foster grandparents; referral of applicants; cost and time factors; pay scales; personnel policies; community relationships; new roles for the aged; and the need for long term evaluation studies. (RJ)