Central New York Community Foundation Inc

Organization Overview

Central New York Community Foundation Inc is located in Syracuse, NY. The organization was established in 1948. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2022, Central New York Community Foundation Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central New York Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Central New York Community Foundation Inc generated $49.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $22.1m during the year ending 03/2022. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Central New York Community Foundation Inc has awarded 2,756 individual grants totaling $111,698,280. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE COMMUNITY FOUNDATION'S MISSION IS TO FOSTER A THRIVING CENTRAL NEW YORK COMMUNITY, INSPIRE GREATER GIVING, CELEBRATE LEGACY AND STEWARD CHARITABLE RESOURCES FOR TODAY AND TOMORROW.

Describe the Organization's Program Activity:

BROADLY RESPONSIVE COMMUNITY GRANTMAKING AND SPECIAL INITIATIVESTHE COMMUNITY FOUNDATION'S COLLECTIVE EFFORTS STRIVE TO SUPPORT THE HEALTH, HAPPINESS AND PROSPERITY OF LOCAL RESIDENTS, CREATE OPPORTUNITIES FOR EVERYONE AND AMPLIFY ALL THAT THE REGION HAS TO OFFER. ITS GRANT PROGRAMS SEEK TO BRING ABOUT POSITIVE CHANGE AND IMPACT WHILE HONORING DIVERSITY AND BUILDING INCLUSION WITHIN AND ACROSS THE REGION. THE LARGEST FUNDING OPPORTUNITY IS ITS COMMUNITY GRANT PROGRAM, WHICH ACCEPTS APPLICATIONS FROM TAX-EXEMPT, NONPROFIT ORGANIZATIONS IN ONONDAGA AND MADISON COUNTIES LOOKING TO FUND INNOVATIVE PROJECTS. IN ADDITION TO GRANT DOLLARS, SPECIAL INITIATIVES ARE DESIGNED TO STRENGTHEN LOCAL NONPROFITS AND ADDRESS THE REGION'S MOST PRESSING CHALLENGES.


DONOR-ADVISED FUND DISTRIBUTIONSDONOR-ADVISED FUNDS ARE ESTABLISHED BY INDIVIDUALS, FAMILIES OR BUSINESSES THAT CHOOSE TO BE ACTIVELY INVOLVED IN THE GRANTMAKING PROCESS. THEY ARE CONSIDERED A CONVENIENT WAY TO MANAGE A DONOR'S CHARITABLE GIVING BY ALLOWING THEM TO ADDRESS A WIDE VARIETY OF ISSUES AND FULFILL THEIR CHARITABLE INTERESTS AS THEY EVOLVE OVER TIME.


SCHOLARSHIPSSCHOLARSHIP FUNDS ARE ESTABLISHED BY DONORS WHO WISH TO HELP STUDENTS PURSUE THEIR EDUCATIONAL DREAMS. THE COMMUNITY FOUNDATION IS THE HOME TO SYRACUSE'S SAY YES TO EDUCATION ENDOWMENT. SAY YES GUARANTEES A PATH TO COLLEGE FOR STUDENTS OF THE SYRACUSE CITY SCHOOL DISTRICT AND PROVIDES SUPPORT TO STUDENTS AND THEIR FAMILIES THAT ENHANCES THEIR OPPORTUNITIES FOR ACADEMIC ACHIEVEMENT.


DESIGNATED FUNDSDESIGNATED FUNDS ARE PERSONALIZED BY DONORS TO SUPPORT THE SPECIFIC ORGANIZATIONS THEY CARE ABOUT. THESE FUNDS PROVIDE LONG-TERM, CONSISTENT SUPPORT TO ONE OR MORE CHARITIES SELECTED BY THE DONOR. GRANTS FROM THESE FUNDS REPRESENT A PAYOUT OF THE COMMUNITY FOUNDATION'S BOARD-APPROVED SPENDING POLICY RATE FOR PERMANENT FUNDS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$34,296,809
Noncash contributions included in lines 1a–1f $11,939,570
Total Revenue from Contributions, Gifts, Grants & Similar$34,296,809
Total Program Service Revenue$0
Investment income $3,150,630
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,237,507
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,020,873

Grants Awarded

Over the last fiscal year, Central New York Community Foundation Inc has awarded $16,896,528 in support to 370 organizations.

Grant RecipientAmount

MANLIUS PEBBLE HILL SCHOOL

Org PageRecipient Profile

Syracuse, NY

PURPOSE: GENERAL SUPPORT; CAPITAL SUPPORT; SPONSORSHIP SUPPORT

$2,708,500

ONONDAGA COUNTYDEPARTMENT OF CHILD & FAMILY SERVICES

PURPOSE: PROGRAM SUPPORT; MENTAL HEALTH CLINICS

$1,500,000

JOHN D BARROW COLLECTION OR ART GALLERY

Org PageRecipient Profile

Skaneateles, NY

PURPOSE: GENERAL SUPPORT; CAMPAIGN SUPPORT

$502,650

MUSEUM OF SCIENCE & TECHNOLOGY FOUNDATION

Org PageRecipient Profile

Syracuse, NY

PURPOSE: GENERAL SUPPORT; CAPITAL SUPPORT; SPONSORSHIP SUPPORT

$355,550

REDHOUSE ARTS CENTER INC

Org PageRecipient Profile

Syracuse, NY

PURPOSE: GENERAL SUPPORT; PROGRAM SUPPORT

$354,200

Syracuse, NY

PURPOSE: SCHOLARSHIP SUPPORT

$311,700
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Central New York Community Foundation Inc has recieved totaling $2,000.

Awarding OrganizationAmount
Kja Reilly Family Foundation

Latham, NY

PURPOSE: BORER FAMILY FUND FOR EDUCATION

$1,000
Kja Reilly Family Foundation

Latham, NY

PURPOSE: D & S WEBSTER FAMILY FUND

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$82,176,266
Earnings$4,381,381
Net Contributions$1,679,861
Other Expense$1,227,334
Grants$3,199,567
Ending Balance$83,810,607

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