Impact investing allows us to use our financial resources to make investments that generate both financial returns and positive social outcomes. In 2023, our board of directors approved a policy that allows us to use up to 5% of our main investment pool for the purpose of local impact investment. By leveraging financial resources and investing in organizations and projects that align with our mission, we are able to make the most of our capital assets while contributing to the long-term well-being and development of our community.

GRAPHS

INVESTMENT SPOTLIGHT

Nonprofit Bridge Loan Program
In February, we partnered with Cooperative Federal (Coop Fed) to launch a nonprofit bridge loan program. The bridge loan fund will help nonprofit organizations continue essential community services while awaiting the receipt of approved grant funding. It is common for government agencies and other funders to require awardees to draw down funds on a reimbursement basis, often taking several months and even up to a year to process reimbursements. A Community Foundation survey of more than 50 local nonprofit
organizations found that 58% have experienced funding delays from New York State grant contracts.

Loans will be fully secured by Community Foundation funds on deposit at Coop Fed. Nonprofit organizations and unincorporated organizations working with a 501(c)(3) fiscal sponsor are eligible to borrow an amount equal to their first anticipated disbursement under a fully executed funding agreement, ranging from $25,000 to $150,000. The Community Foundation will be responsible for intake, loan application packaging and preliminary due diligence review. Applications that meet the Community Foundation’s internal standards will be recommended to Coop Fed.

News & Stories

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Stories June 27, 2025

John Marsellus Memoriam

John D. Marsellus, a devoted civic leader, left a lasting legacy in Central New York ...

Topics June 27, 2025

What We Are Up To | CNYCF Staff Updates

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

hand holding growing money
Publications June 25, 2025

Spotlight On: Susan R Schoenfeld, JD, LL.M. (TAXATION), CPA, MBA

In anticipation of Susan’s upcoming appearance in October, we’re sharing some of her insights and ...

News Releases June 18, 2025

Community Foundation Announces New Board Members

The Central New York Community Foundation board of directors recently elected two new members. The ...

Blogs June 5, 2025

Southside Connections | Creating Stronger Communities Through Programming & Collaboration

On Syracuse’s Southside, neighbors, educators and local organizations are working together to build a stronger, ...

SYRACUSE, NY: Michelle at Sarah’s Guest House. CREDIT: Ben Cleeton
Publications May 8, 2025

Finding a Home of Healing and Hope

Giving Voice Spring 2025: Grantee Story

Publications May 8, 2025

Piecing Together Dollars For Decisions

Giving Voice Spring 2025: Granting Matters

Publications May 8, 2025

Transforming Winter Recreation in Madison County

Giving Voice Spring 2025: Cover Story

Huntington Family Centers, the recipient of a grant from our COVID-19 Community Support Fund | Photo By: Ben Cleeton
Publications May 8, 2025

Supporting Crisis Response

Giving Voice Spring 2025: Giving Matters

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