The Cloudsplitter Foundation is pleased to announce the appointment of Kara Page to the new role of Grants Advisor. Ms. Page comes to the Foundation with 28 years of experience, having worked with non-profits, government and international institutions, and the…
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
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 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…
Melissa Eisinger is the recently retired VP of Adirondack Foundation, serving donors and nonprofit organizations to enhance the region’s communities through philanthropy. For twenty years prior, she was with the Adirondack Chapter of The Nature Conservancy and Adirondack Land Trust. …
Distributed $1,496,908, 6.55% of assets, to 112 grantees Earned $2,841,155 on investments (12.77%) Year-end assets totaled $23,489,253 Spent 0.36% of assets on administration
The Foundation’s investments earned $1,234,438 in 2016, a net investment return of 5.52%. Grants made totaled $1,188,721 or 5.32% of starting assets. Administrative expenses were 0.15% of assets.
Due to market weakness the Foundation portfolio contracted 12.9% in 2015 and dispensed $909,159 in grants and direct contributions to 501c3 organizations.
The Foundation earned 10.1% on its portfolio in 2014 and dispensed $1.54 million in grants and direct contributions to 501c3 organizations.
The Foundation earned 29.1% on its portfolio in 2013 and dispensed $1.1 million in grants and direct contributions to 501c3 organizations.