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The Community Foundation for the Greater Capital Region

The Community Foundation for the Greater Capital Region

Albany, NY 12203
Tax ID14-1505623

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About this organization

Revenue

$12,239,106

Expenses

$6,360,953

Website

cfgcr.org

Mission

The mission of the Community Foundation for the Greater Capital Region is to strengthen our community through philanthropy. We do this in collaboration with donors and community partners who share our vision for community transformation through stewardship of charitable endowments, superior donor services, effective grantmaking, and leadership to address community needs.

About

See schedule. The foundation administers more than 400 charitable funds, and in partnership with our donors, provides leadership and support for some of the Capital Region's most important human service, education, arts/culture, community improvement and housing/shelter initiatives. Since our founding in 1968, the foundation has awarded more than $65 million to support the Capital Region and beyond. In 2017, the foundation granted and facilitated nearly $5.5 million in 1,225 grants. Of these grants, 155 nonprofit programs received over $5,000 each. The top focus areas to which grants were awarded in 2017 were human services, education, arts/culture/humanities, housing and shelter, and community improvement/capacity building. The foundation maintains a focus on investing in the capacity of local nonprofits, in order to help them operate and serve their populations more effectively. We accomplish this through modest grant awards to support infrastructure, human resources, and management/board training upgrades, as well as our support for, and coordination of, the capacity building mini-grant program. This program, offered free each year, consists of a series of half-day workshops for nonprofit leaders and their board members on a wide range of topics, such as personnel risk management, regulatory changes affecting the nonprofit field, development and communications, and technology solutions. The foundation awards grade school, college, and continuing education scholarships to hundreds of local scholars each year. The foundation's largest scholarship fund is the Phyllis E. Dake 'Make Your Own' Scholarship Fund (PED), which provides college funding for children of Stewart's Shops employees. In 2017, the PED scholarship reached its highest amount of grant awards yet: more than $350,000. This, combined with the foundation's other scholarship funds, resulted in distributing more than $530,000 granted through 263 scholarships--the most we've ever been able to give.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “See schedule o.”.

When discussing its operations, they were defined as: “See schedule o.the community foundation's mission is to strengthen the community through philanthropy. the foundation does this in collaboration with donors and community partners who share its vision for community transformation through stewardship of charitable endowments, superior donor services, effective grant making, and leadership to address community needs.”.

  • The state where the non-profit operates has been legally reported as NY.
  • The filing indicates that the non-profit's address in 2020 is located at 2 TOWER PLACE EXECUTIVE PARK, ALBANY, NY, 12203.
  • The non-profit has reported 11 employees on their form as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$2,029,391.
  • The organization has 25 independent voting members.
  • The organization was formed in 1968.
  • The organization pays $778,244 in salary, compensation, and benefits to its employees.
  • The organization pays $167,488 in fundraising expenses.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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