431 East Fayette Street     Suite 100     Syracuse, NY 13202     Tel: 315.422.9538
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Press Room

The following information is for use by the local press to help inform the members of our community about the Central New York Community Foundation. For further information, please contact our Vice President,Communications, Katrina Crocker, at 315-883-5542 or kcrocker@cnycf.org.

Foundation Background

The Central New York Community Foundation was established in 1927 to serve as a permanent community endowment built by the gifts and charitable legacies of individuals, families and businesses for the betterment of the region. It is the largest charitable foundation in Central New York with assets of more than $272 million. It has invested more than $190 million in community improvement projects since its inception. As a grantmaker, civic leader, convener and sponsor of special initiatives, the Community Foundation strives to strengthen local nonprofits, encourage better understanding of the region and address the most critical issues of our time. Its vision is to create a vibrant Central New York community that provides opportunity for everyone and builds a hopeful, prosperous region for future generations.

Our Mission

Our mission is to foster a thriving Central New York community, inspire greater giving, celebrate legacy and steward charitable resources for today and tomorrow. 

Financial Information

The responsibility for managing the Community Foundation’s investment portfolio is vested in the Board of Directors through its Finance Committee. This committee works closely with the Community Foundation’s investment consultant and staff to set policy, establish performance benchmarks and continually monitor the effectiveness of the Community Foundation’s portfolio.

The Committee maintains a disciplined process, regardless of market fluctuations, to ensure the viability of the Community Foundation.

 

Community Foundation Fiscal Year 2017 Financial Highlights

    • A total of $272.4 million in assets was reported as of March 31, 2018.
    • $45 million in contributions were received.
    • An average 7.7% annual return has been achieved on investments since 10/1994, the inception of our relationship with Colonial Consulting as portfolio consultant.
    • 3,026 grants totaling more than $19 million were awarded to more than 1,223 nonprofit organizations.

* Includes Unrestricted, Donor-Advised, Designated, Field-of-Interest, Scholarship, and Deferred Funds.

For more details, view our Annual Report.



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