Kimberly P. Sadowski, CPA, Vice President & Chief Financial Officer

Message from the CFO

Every year, when I sit down to write this message, I reflect on how best to share the financial picture behind the work we do at the Community Foundation. At its core, this message is about stewardship — about honoring the trust you’ve placed in us to manage the resources that fuel positive change in Central New York.

The past year reminded us once again that volatility is part of the investment landscape. While that can feel unsettling, we know a steady, disciplined approach is what carries us — and your generosity — through all kinds of conditions. We don’t react to short-term noise. Instead, we remain focused on a diversified, long-term strategy designed to weather change and support lasting impact.

Our Finance Committee — in partnership with our investment consultant, Crewcial Partners — reviews our portfolio regularly to ensure alignment with our performance goals, risk tolerance and values. We offer two thoughtfully constructed investment pools: our main pool and our Sustainable Responsible Impact (SRI) pool. Both are designed for moderate, long-term growth and include a mix of asset classes to balance return with resilience.

We continue to follow a spending policy that calculates distributions based on a 20-quarter average. This approach helps ensure consistent support for the nonprofits and causes our donors care deeply about, even when markets are less predictable.

We’re proud to report that the Community Foundation remains financially strong and well-positioned to meet today’s needs while preparing for tomorrow’s possibilities. Thank you for your continued partnership and belief in our shared mission. It’s a privilege to carry your philanthropic goals forward — especially during times that call for steadiness and care.

Kim Sadowski's signature


 

 

 

News & Stories

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The Central New York Community Foundation has promoted four staff members.

News Releases May 4, 2026

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Community members invited to help decide how $75,000 will be invested locally

Blogs May 1, 2026

What We Are Up To | CNYCF Staff Updates

Our staff takes pride in not just serving our community, but actively shaping its future. ...

News Releases April 27, 2026

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A $3.2 million gift is helping strengthen nonprofit leadership across Central New York through the ...

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A new initiative at OptionZero is helping people build strength in more ways than one. ...

News Releases April 21, 2026

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Publications April 16, 2026

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The community foundation is more than a grantmaker—it’s a strategic partner helping nonprofits strengthen planned ...

Publications April 16, 2026

Tax Time: Old Things, New Things, and Things You Can Do

Tax season offers a valuable glimpse into how shifting tax laws are shaping donor behavior—and ...

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News Releases April 9, 2026

Central New York Community Foundation Announces Cortland County Advisory Group to Support Local Grantmaking

We have selected members of our new Cortland County Advisory Group to help guide local ...

View More