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

News Releases November 7, 2025

Central New York Community Foundation Receives $12 Million Bequest to Expand Grantmaking in Cortland County

Gift Brings Our Community Grants Program to Cortland County for the First Time!

News Releases October 30, 2025

How to Help Those Losing Food Stamp Benefits Starting This Week

A list of nonprofit partners that are positioned to provide immediate support

Blogs October 28, 2025

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 October 23, 2025

Central New York Community Foundation Documentary Featured in National Film Series

Produced by Black Cub Productions and funded by the Community Foundation, the film documents Syracuse’s ...

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News Releases October 22, 2025

New Hires Announced

The Central New York Community Foundation has hired Sarah Edlund as Office Manager and Nikki ...

News Releases October 21, 2025

Central New York Community Foundation Launching PSA Campaign to Combat Lead Poisoning in Syracuse

New animated public service announcements will educate families starting during National Lead Poisoning Prevention Week.

Blogs October 16, 2025

Joy, Skills, and Belonging: The Lasting Impact of 4-H Summer Camp

Hear from Scott Hudson, Youth & Family Development Team Leader, Cornell Cooperative Extension of Onondaga ...

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News Releases October 14, 2025

Pulaski Fund Distributes $40,500 in Grants

The Greater Pulaski Community Endowment Fund provides grants to nine nonprofits serving the Village of ...

News Releases November 7, 2025

Central New York Community Foundation Receives $12 Million Bequest to Expand Grantmaking in Cortland County

Gift Brings Our Community Grants Program to Cortland County for the First Time!

News Releases October 30, 2025

How to Help Those Losing Food Stamp Benefits Starting This Week

A list of nonprofit partners that are positioned to provide immediate support

Blogs October 28, 2025

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 October 23, 2025

Central New York Community Foundation Documentary Featured in National Film Series

Produced by Black Cub Productions and funded by the Community Foundation, the film documents Syracuse’s ...

Sarah and Nikki headshots
News Releases October 22, 2025

New Hires Announced

The Central New York Community Foundation has hired Sarah Edlund as Office Manager and Nikki ...

News Releases October 21, 2025

Central New York Community Foundation Launching PSA Campaign to Combat Lead Poisoning in Syracuse

New animated public service announcements will educate families starting during National Lead Poisoning Prevention Week.

Blogs October 16, 2025

Joy, Skills, and Belonging: The Lasting Impact of 4-H Summer Camp

Hear from Scott Hudson, Youth & Family Development Team Leader, Cornell Cooperative Extension of Onondaga ...

Group of people holding a check
News Releases October 14, 2025

Pulaski Fund Distributes $40,500 in Grants

The Greater Pulaski Community Endowment Fund provides grants to nine nonprofits serving the Village of ...

View More