Foundation Results, 2018

Distributed $1,260,707, 5.2% of assets, to 113 grantees Lost $1,059,818 on investments (-4.37%) vs. DJIA loss of -5.2%  [N.B: All of the December losses were recouped in January] Year-end assets totaled $21,801,222 Spent 0.39% of assets on administration

Bonnie Keet completes term as trustee

At its January 6th board meeting the Cloudsplitter Trustees thanked Bonnie Keet for her many years of service.  Bonnie will continue as an adviser to the Foundation, concentrating on projects that involve human well-being, including health & health services, pre-K…

Ellen Rocco joins as Cloudsplitter Trustee

Ellen Rocco is the station manager at North Country Public Radio, where she has worked since 1980. She has served on the board of NPR and on panels for many media and community organizations, including those of CPB, NY Humanities…

The White House has spoken about revoking nonprofits’ 501c3 status, which it cannot legally do. Click for some Myths v Reality

Click to Read

The White House has spoken about revoking nonprofits’ 501c3 status, which it cannot legally do. Here are some resources on the topic for our nonprofit partners:

Myths vs. Reality: around IRS status
Tax-exempt status: what it is and why it is important
Losing tax-exempt status: what to do if that happened, including the appeals process