Our Grant Selection Process

2022 Financial Results

The Foundation ended 2022 with $27.5 million in assets and $4.1 million of portfolio losses, a -12.3% return on assets (this was a year where the S&P 500 was down 18.9%.) Total expenses were $195,000. We distributed $1.76 million in 161 grants.

Our seven-year history of grants made exceeded $11 million, almost all to Adirondack not-for-profits.  During that period our return on assets was 5.5%.