Northern New York Community Foundation Inc

Organization Overview

Northern New York Community Foundation Inc is located in Watertown, NY. The organization was established in 1942. 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 12/2021, Northern New York Community Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern 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 12/2021, Northern New York Community Foundation Inc generated $16.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 4.3% 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, Northern New York Community Foundation Inc has awarded 406 individual grants totaling $12,056,762. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE PAGE 2 FOR COMPLETE MISSION STATEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NORTHERN NEW YORK COMMUNITY FOUNDATION RESPONSIBLY STEWARDS CHARITABLE GRANTMAKING FUNDS DESIGNED TO ENHANCE THE QUALITY OF LIFE IN JEFFERSON, LEWIS AND ST. LAWRENCE COUNTIES. THE COMMUNITY FOUNDATION COLLABORATES WITH A NUMBER OF DONORS AND NONPROFIT ORGANIZATIONS TO IDENTIFY IMPORTANT COMMUNITY PROGRAMS AND PROJECTS THAT CREATE A PROSPEROUS REGION. THE COMMUNITY FOUNDATION'S GRANT PROGRAMS ARE FOCUSED ON STEWARDSHIP, IMPACT, INCLUSION AND BETTER COMMUNITIES FOR ALL. APPLICATIONS ARE SUBMITTED FROM FEDERALLY CLASSIFIED, 501(C)(3) NONPROFIT ORGANIZATIONS IN JEFFERSON, LEWIS AND ST. LAWRENCE COUNTIES THAT ALIGN WITH THE COMMUNITY FOUNDATION'S MISSION OF FOSTERING VIBRANT NORTH COUNTRY COMMUNITIES.


SCHOLARSHIP FUNDS ARE ESTABLISHED BY INDIVIDUALS, FAMILIES, ORGANIZATIONS OR BUSINESSES INTERESTED IN HELPING STUDENTS WITH THEIR EDUCATIONAL PURSUITS. THE COMMUNITY FOUNDATION DOES STEWARD FIRST-YEAR AND NON-TRADITIONAL SCHOLARSHIP PROGRAMS, ALONG WITH A VARIETY OF OTHER RESTRICTED SCHOLARSHIP FUNDS FOR THE BENEFIT OF CITIZENS RESIDING IN JEFFERSON, LEWIS AND ST. LAWRENCE COUNTIES. THE COMMUNITY FOUNDATION FACILITATES SCHOLARSHIPS WITH UNIQUE CRITERIA AND EDUCATION FOCUS. THE COMMUNITY FOUNDATION WORKS CLOSELY WITH DONORS TO FULFILL THEIR CHARITABLE INTERESTS RELATED TO SUPPORTING EDUCATIONAL PURSUITS OF STUDENT RECIPIENTS.


THE COMMUNITY FOUNDATION WORKS WITH INDIVIDUALS, FAMILIES AND BUSINESSES SEEKING A STRUCTURED, ORGANIZED METHOD TO COMPLETE GRANTMAKING TO ELIGIBLE NONPROFIT ORGANIZATIONS. DONOR ADVISED FUNDS PROVIDE A SIMPLE AND EFFICIENT VEHICLE TO MANAGE AND FULFILL A DONOR'S CHARITABLE GIVING INTERESTS AND PASSIONS AS THEY CHANGE OVER TIME. DONOR ADVISED FUND GRANTS ARE DISTRIBUTED FOLLOWING APPROVAL FROM THE COMMUNITY FOUNDATION FROM TIME TO TIME.


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Board, Officers & Key Employees

Name (title)Compensation
Rande S Richardson
Executive Director
$155,577
Beth Maguire
Director Of Finance
$123,385
Katherine F Fenlon
Chair
$0
Mark R Lavarnway
Secretary/treasurer
$0
Catherine Burns Quencer
Vice Chair
$0
Jude Renzi
Past Chair
$0

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$7,664,456
Noncash contributions included in lines 1a–1f $2,257,367
Total Revenue from Contributions, Gifts, Grants & Similar$7,664,456
Total Program Service Revenue$0
Investment income $1,676,441
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $67,251
Net Gain/Loss on Asset Sales $6,621,594
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,124,492

Grants Awarded

Over the last fiscal year, Northern New York Community Foundation Inc has awarded $1,663,327 in support to 75 organizations.

Grant RecipientAmount

WATERTOWN FAMILY YMCA

Org PageRecipient Profile

Watertown, NY

PURPOSE: PROGRAM SUPPORT

$221,136

FRIENDS OF LEWIS COUNTY HOSPICE

Org PageRecipient Profile

Lowville, NY

PURPOSE: GENERAL SUPPORT

$101,650

HOSPICE OF JEFFERSON COUNTY INC

Org PageRecipient Profile

Watertown, NY

PURPOSE: GENERAL SUPPORT

$84,350

SAMARITAN MEDICAL CENTER - PRESIDENTCEO

Org PageRecipient Profile

Watertown, NY

PURPOSE: GENERAL SUPPORT

$80,802

GRACE HOUSE SERVICES

Org PageRecipient Profile

Jackson, MS

PURPOSE: PROGRAM SUPPORT

$60,000

HAMMOND PRESBYTERIAN CHURCH

PURPOSE: GENERAL SUPPORT

$56,597
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Northern New York Community Foundation Inc has recieved totaling $211,281.

Awarding OrganizationAmount
Community Foundation Of Sarasota County Inc

Sarasota, FL

PURPOSE: GENERAL SUPPORT

$74,391
$68,033
Dyson Foundation

Millbrook, NY

PURPOSE: MULTI-YEAR SUPPORT FOR OPERATION SNOWSTORM, WHICH PROVIDES WINTER CLOTHING FOR STUDENTS IN NEED FROM LOWVILLE ACADEMY AND BEAVER RIVER SCHOOL DISTRICTS IN LEWIS COUNTY.

$24,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$12,181
Dyson Foundation

Millbrook, NY

PURPOSE: MULTI-YEAR SUPPORT FOR OPERATION SNOWSTORM, WHICH PROVIDES WINTER CLOTHING FOR STUDENTS IN NEED FROM LOWVILLE ACADEMY AND BEAVER RIVER SCHOOL DISTRICTS IN LEWIS COUNTY.

$12,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$10,800
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$827,961
Earnings$118,714
Grants$14,866
Ending Balance$931,809

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