2021 Financial Results
The Foundation ended 2021 with $33.5 million in assets and $2.9 million of portfolio earnings, a 11.2% return on assets. Total expenses were $259,000. We distributed $1.46 million in 119 grants.
Our ten-year history of grants made exceeded $12 million, almost all to Adirondack not-for-profits. During that period our return on assets was 9.8%.