Resources & Documents

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%.

$33.5M

Assets in 2021

$2.9M

Portfolio Earnings in 2021

11.2%

Return on Assets in 2021

$259K

Expenses in 2021

$1.46M

Distributed in 2021

119

Grants Awarded in 2021

$12M

10 Year Portfolio Earning

9.8%

10 Year Return on Assets