Financial Information

**Kimberly P. Sadowski, CPA,** *Vice* *President & CFO*

As we reflect on the past year, I am pleased to share our financial achievements and insights with you. Our total assets rose 11%, reaching $434 million. This increase is a testament to the trust you place in our organization and our steadfast commitment to an investment management strategy focused on long-term performance. Asset size is only part of our story. We are proud to have distributed a record-breaking $23 million in grants this year, supporting projects and organizations that address critical needs in our community. In addition to our grantmaking activities, we continued to invest in Central New York by nearly tripling local impact investing and utilizing over 17% of our operating budget on projects with minority and women-owned business partners.

As we look to the future, we remain focused on our mission to foster a thriving and equitable Central New York region. We will continue to seek new opportunities for growth, innovation and collaboration, which will allow us to enhance our community investments. We remain committed to prudent financial management as well as to the promise we have made to our donors — past and present — of stewarding their charitable dollars and honoring their intentions.

In closing, I extend my deepest gratitude to our donors, partners, board members and staff. Your unwavering support and dedication have been the cornerstone of our success. It is an honor to serve as your chief financial officer and to work alongside a passionate and inspiring team that is driven to make a lasting impact in our community. Together, we are making a meaningful difference in Central New York and I am confident that with your continued partnership, we will continue to be a community rising.

Thank you for your continued support.