NonprofitsThe Schenectady Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

The Schenectady Foundation

SCHENECTADY, NY

Total revenue

$3.5M

Total expenses

$2.5M

Net assets

$54.6M

Grants received

$1.2M

20 grants

EIN

146019650

Tax year

2024

Mission

The schenectady foundation is a philanthropic trust established to assist and promote the welfare of residents of schenectady county, new york. The foundation makes grants to tax exempt charities that effectively address the needs and issues of the community.

Financials

FY 2024

Revenue

Contributions & grants$363K
Program service revenue
Investment income$3.1M
Other revenue
Total revenue$3.5M

Expenses

Grants paid$1.6M
Salaries & benefits
Fundraising
Other expenses$907K
Total expenses$2.5M
Total assets$56.0M
Net assets$54.6M

People

14 listed

NameRoleCompensation

TRUSTCO BANK

TRUSTEE

Board

$189K

0.5 hrs/wk

KEY BANK

TRUSTEE

Board

$26K

0.5 hrs/wk

SARATOGA NATIONAL BANK

TRUSTEE

Board

$5K

0.5 hrs/wk

JOHAN MATTHEWS

DISTRIBUTION COMMITTEE MEM

Board

1 hrs/wk

PAMELA PEARLMAN

DISTRIBUTION COMMITTEE MEM

Board

1 hrs/wk

JENNIFER KENNEALLY

DISTRIBUTION COMMITTEE MEM

Board

1 hrs/wk

OMAYRA PADILLA DEJESUS

CHAIR

Board

1 hrs/wk

MONA GOLUB

VICE CHAIR

Board

1 hrs/wk

KEVIN SMITH

TREASURER

Board

1 hrs/wk

ROBERT CARREAU

EXECUTIVE DIRECTOR AND SEC

Board

1 hrs/wk

ALFRED TOMPKINS

DISTRIBUTION COMMITTEE MEM

Board

1 hrs/wk

MICHAEL OZIMEK

ASSISTANT TREASURER

Board

1 hrs/wk

RAYSHEEA TURNER

DISTRIBUTION COMMITTEE MEM

Board

1 hrs/wk

KIRK LEWIS

DISTRIBUTION COMMITTEE MEM

Board

1 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$214K
SUPPORT FOUNDATION
2024
$88K
SUPPORT ORGANIZATION
2024
$187K
SUPPORT FOUNDATION
2023
$76K
SUPPORT ORGANIZATION
2023
$131K
SUPPORT FOUNDATION
2022
$56K
SUPPORT ORGANIZATION
2022
$7K
PUBLIC, SOCIETAL BENEFIT
2022
$108K
SUPPORT FOUNDATION
2021
$51K
SUPPORT ORGANIZATION
2021
$30K
PUBLIC, SOCIETAL BENEFIT
2021
$108K
SUPPORT FOUNDATION
2020
$48K
SUPPORT ORGANIZATION
2020
$20K
Contribution to the weekend backpack program
2020
$15K
FOR SCHENECTADY REBUILDING FAMILIES FUND COVID-19 RESPONSE
2020
$6K
For grant recipient's exempt purposes
2020
$500
FOR UNRESTRICTED USE
2020
$250
IM MEM. MALCOLM & VIRGINIA BARD FROM CINDY & DUANE BALL"
2020
$10K
PUBLIC, SOCIETAL BENEFIT
2019
$10K
To aid Organization with the Weekend Backpack program
2018
$1K
GENERAL OPERATIONAL SUPPORT
2018

Funded by

$1.2M from 8 funders · 20 grants · 2018–2024

K Rice Tr Uw Fbo Schenectady

$748K · 5 grants · 2020–2024

W R Whitney Tr Uw Bo Schenectady

$320K · 5 grants · 2020–2024

Donor Advised Charitable Giving Inc

$37K · 2 grants · 2021–2022

City Mission Of Schenectady

$30K · 2 grants · 2018–2020

National Philanthropic Trust

$10K · 1 grant · 2019

Community Foundation

$1K · 1 grant · 2018

Details

EIN146019650
NTEE codeT11
Subsection03
Ruling date1993-08
Formed1962
Employees0
Volunteers15
THE SCHENECTADY FOUNDATION — Mission, Financials & Grants Received | Grantivo