- 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.
The Adirondacks are full of organizations that we love and that are irreplaceable. Cloudsplitter will continue to evaluate and prioritize systemic threats so that we have the resources to respond now and into the future. Given the unknowns of the current funding environment, we wanted to be clear with our grant applicants that we may be less likely to fund capital projects, events, projects far outside the Adirondack park, and very large grant requests at this time. If you feel something in those categories deserves our attention, please contact us to discuss further.