Who
We
Are.
Who We Are.
How It Works
How does a community foundation work?
Generous donors make contributions, we invest those dollars to increase the giving power of our funds, and then we distribute the earnings in the community. The power of each contribution continuously expands.
Bequests
55 funds, $28,358,000
A donor can leave an entire estate, a specific amount, or a percentage of an estate to the Community Foundation.
Community-wide support
70 funds, $4,917,000
Community members donate gifts to the Community Foundation that support a wide range of vital community projects and organizations.
Single donors
70 funds, $3,568,000
A person, family or business may choose to create a fund at the Community Foundation as an easy-to-establish, low cost, flexible vehicle for charitable giving.
Organizational Endowments
12 funds, $2,247,000
A nonprofit establishes a fund which has a principal that the organization has decided to permanently set aside for the long-term support and vision of the organization.
How is the money invested?
Contributions to the funds held by the Foundation are invested in a range of low-, medium- and high-volatility financial instruments. Our skilled investment committee carefully manages our portfolio, striving to achieve an average annual return of 7.5 percent. Of that return, 1 percent goes to management fees and 3 percent goes back to the funds for further growth. We distribute the remaining 3.5 percent in the form of grants and scholarshps.
How does it reach the community?
Through scholarships, created by business, families and individuals, awards support:
Through grants, money is distributed to non-profits who:
Our grants are competitive; we want to bring out the best in the community and what better way than award grants to non-profits with the most initiative to change the community for the better.
What does this look like in our community?
1,151
Students from the Addison Youth Center experienced local museums including the Corning Museum of Glass and Tanglewood Nature Center.
314
Elderly individuals were provided with home services helping them to age-in-place.
10,244
Students in grades PreK- 4 received on-site educational programs from the Rockwell Museum of Western Art
1,898
Uninsured/underinsured individuals received critical services surrounding their medical and dental needs
1
Commercial refrigerator, freezer and griddle were purchased for a volunteer fire department which serves as the hub of a small, river community
127
Scholarships given to graduating and adult students continuing their education after high school.
Make An Impact
Students
College is expensive. We have scholarships to help you pay.
Nonprofits
Our programs and funds are designed to support your big ideas.
Donors
You can make a lasting investment in the life of your community.
Professional Advisors
Work with us to help your clients meet their charitable goals.
Financial Statements
Form 990
2022
Audited Financial Report
2022-2023
Strategic Plan
2020-2025
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