Community Foundation Of Elmira Corning And The Finger Lakes

Organization Overview

Community Foundation Of Elmira Corning And The Finger Lakes is located in Horseheads, NY. The organization was established in 1977. 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 06/2022, Community Foundation Of Elmira Corning And The Finger Lakes employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Elmira Corning And The Finger Lakes 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 06/2022, Community Foundation Of Elmira Corning And The Finger Lakes generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 7.2% 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 2019, Community Foundation Of Elmira Corning And The Finger Lakes has awarded 276 individual grants totaling $6,752,518. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP REALIZE THE POTENTIAL IN OUR COMMUNITY BY MATCHING THE GENEROSITY OF OUR DONORS WITH THE COMMUNITY'S GREATEST NEEDS. OUR GRANTS AND SCHOLARSHIPS SUPPORT THE PEOPLE OF CHEMUNG, SCHUYLER, STEUBEN AND YATES COUNTIES IN THE SOUTHERN TIER OF NEW YORK STATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO CHARITABLE NON PROFIT ORGANIZATIONS IN THE CHEMUNG-STEUBEN COUNTY AREA.


SCHOLARSHIPS AND GRANTS TO INDIVIDUALS


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Board, Officers & Key Employees

Name (title)Compensation
Randi Hewit
President
$165,729
John Sirianni
CFO
$104,290
$0
Judith Rowe
Past Chair
$0
Paul Sydlansky
Vice Chair
$0
Angelina Hanrahan
Treasurer
$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$2,069,754
Noncash contributions included in lines 1a–1f $81,353
Total Revenue from Contributions, Gifts, Grants & Similar$2,069,754
Total Program Service Revenue$12,876
Investment income $1,440,772
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $554,049
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,077,451

Grants Awarded

Over the last fiscal year, Community Foundation Of Elmira Corning And The Finger Lakes has awarded $1,458,273 in support to 61 organizations.

Grant RecipientAmount

PRO ACTION OF STEUBEN AND YATES INC

Org PageRecipient Profile

Bath, NY

PURPOSE: VARIOUS PROGRAMS

$220,039

CHEMUNG COUNTY CHILD CARE COUNCIL INC

Org PageRecipient Profile

Elmira, NY

PURPOSE: EARLY CHILDCARE & EDUCATION

$120,600

CHEMUNG COUNTY PERFORMING ARTS INC DBA CLEMENS CENTER

Org PageRecipient Profile

Elmira, NY

PURPOSE: GENERAL SUPPORT; REPLACEMENT FURNITURE; FLX GIVES

$118,318

CHEMUNG COUNTY HUMANE SOCIETY AND SPCA INC

Org PageRecipient Profile

Elmira, NY

PURPOSE: GENERAL OPERATING SUPPORT; FLX GIVES; COMMUNITY PET FOOD PANTRY

$74,417

THE ARTS COUNCIL OF THE SOUTHERN FINGER LAKES

Org PageRecipient Profile

Corning, NY

PURPOSE: COUNCIL PROGRAMS

$53,146

CATHOLIC CHARITIES STEUBENLIVINGSTON

Org PageRecipient Profile

Rochester, NY

PURPOSE: GENERAL OPERATING SUPPORT; HOUSING ASSISTANCE; NUTRITION ASSISTANCE

$52,675
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Community Foundation Of Elmira Corning And The Finger Lakes has recieved totaling $2,500.

Awarding OrganizationAmount
Anne & Mike Ambrogi Family Foundation

North Hampton, NH

PURPOSE: PROGRAM SUPPORT

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$24,163,247
Earnings-$410,681
Admin Expense$37,266
Net Contributions$564,057
Grants$163,343
Ending Balance$24,116,014

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