2023 Annual Report: Impact Lives Here

2O23 ANNUAL REPORT

IMPACT LIVES HERE

CONTENTS

| LADDERS TO THE OUTDOORS. READ STORY ON P. 13.

WELCOME 3

OUR IMPACT 9

COMMUNITY FUND DONORS 15

FINANCIAL INFORMATION 18

YEAR IN REVIEW 4

GRANTMAKING 12

NEW FUNDS 16

STAFF & BOARD BACK COVER

Confirmed in Compliance with National Standards by the Community Foundations National Standards Board

2 | C E N T R A L NE W YORK COM M UNITY FO UND ATI ON 2023 ANNUA L REP OR T

| COVER: LADDERS TO THE OUTDOORS. READ STORY ON P. 13.

PHOTO CREDIT: GRANT DOBBINS

DANIEL J. FISHER CHAIR, BOARD OF DIRECTORS

BEA GONZÁLEZ VICE CHAIR, BOARD OF DIRECTORS

DEAR FRIENDS, LOCATION IS EVERYTHING.

process of designing and funding a program to

Where a person lives affects every factor of their

increase childhood lead testing. We made grants

well-being from health and safety to nutrition,

supporting enhanced access — to tax credits,

education, employment and enrichment. We

education, art, nature — for underresourced

all deserve a community where we can learn,

individuals and underserved youth.

grow, create and thrive. As the community’s endowment, we are committed to working with current and future residents to catalyze lasting change. This report covers our 95th year and the stories that follow highlight the defining moments that shaped our collective community impact.

LOOKING INWARD, our staff gained

LOOKING BACKWARD, we measured the impact of longstanding programs and initiatives while also envisioning new opportunities to partner with individuals and organizations to amplify and endow sustainable impact. A key activity over the past year was the development of a new strategic plan, which

experience through the addition of three new

will frame our focus for the next five years and

team members to various departments. We also

culminate in our 100-year anniversary.

prepared to say goodbye to longtime president of service. Peter’s leadership, combined with the

NOW, AS WE LOOK TO THE FUTURE, we are ready to embrace all the

collaborative efforts of foundation staff, donors

changes that are on the horizon. Together, we

and nonprofit partners, stimulated significant

will ensure that Central New York is a place where

growth in assets, agility and civic advocacy.

positive community impact lives — and thrives.

& CEO, Peter Dunn, after an impactful 15 years

LOOKING OUTWARD, the voices of community members and needs of nonprofits powered our grantmaking and initiatives. We strengthened our community presence and partnerships by leading a participatory budgeting

Daniel J. Fisher Chair, Board of Directors

Bea González Vice Chair, Board of Directors

project that engaged Syracuse residents in the

I MP A C T LIV E S H E R E

|3

YEAR IN RE | PETER DUNN FAREWELL RECEPTION

PHOTO CREDIT: SHANAY BRADLEY

PETER’S FAREWELL

COMMUNITY OUTREACH

In January, we announced that our president & CEO since 2008, Peter Dunn, would be stepping down in June. Our region has benefited enormously from Peter’s leadership as he led us through tremendous growth and impact over the past 15 years. During his tenure, our annual grantmaking increased from $5.2 million in 2008 to $18.1 million in 2022 and our staff grew from 16 employees to 25. Under Peter’s leadership, we grew our scope and visibility and greatly increased our impact on Central New York by expanding our geographic reach through new regional funding efforts in Oswego, Cortland and Cayuga counties. Our CEO search is underway and we look forward to welcoming our new leader in the months to come!

In our effort to expand our equity work and honor the practice of trust-based philanthropy, we implemented a rigorous community engagement program to create more meaningful connections with our residents, grassroots groups and community-based organizations. These connections lay the foundation for building relationships of trust and collaboration to better meet the needs of our community.

STRATEGIC PLANNING Last June we marked the conclusion of our former five-year strategic plan. Since then, we embarked on a journey of evaluation to inform the development of our new plan, which will take us through our centennial year of service to the region. Studies conducted by The Center for Effective Philanthropy as well as focus groups and interviews led by Gwen Webber-McLeod of Gwen, Inc., uncovered positive outcomes as well as opportunities for us to advance our work.

4 | Y E A R I N RE VIE W

BLACK EQUITY & EXCELLENCE CONVERSATION AND CELEBRATION EVENT Grant recipients, applicants, supporters and future supporters of the Black Equity & Excellence Fund joined us for our inaugural annual networking event to celebrate Black excellence.

Conversations and connections allowed partners and grantees to come together and share experiences with one another.

NEW REPORT DISCOVERS OPPORTUNITY FOR LOCAL CHARITIES’ FUTURE This year we commissioned research conducted by LOCUS Impact Investing. The findings indicated that a combined net worth of $245 billion in Onondaga, Oswego, Cayuga, Madison and Cortland counties projected to undergo an 11% transfer between generations, totaling $25 billion over the next 10 years.

We released this data in an effort to encourage residents to set aside a portion of their assets for the long-term benefit of the region. Learn more at 5forcny.org

EVIEW

RECOGNIZING THE NATIONAL DAY OF RACIAL HEALING To celebrate the National Day of Racial Healing, we partnered with three other regional community foundations to host a virtual event featuring New York Times best-selling author and economist Heather McGhee. Her bestseller, The Sum of Us: What Racism Costs Everyone and How We Can Prosper, is a look at the true cost of racism – not just for people of color, but for everyone.

The webinar-style event drew more than 1,000 attendees from across the state who joined to hear what McGhee learned from interviewing Americans of all races during her journey across the country.

NEW TRAINING PLATFORM FOR ORGANIZATIONS SERVING HISTORICALLY EXCLUDED COMMUNITIES We partnered with an online platform called Resilia to bring new training and coaching opportunities to nonprofits in Central New York for the first time. Resilia offers technology and one-toone coaching to support effectiveness, creativity and workflow in nonprofits across the country. Twenty-five local nonprofit organizations led by and serving Black, Asian, Latino, Native American and LGBTQIA+ communities or people with disabilities were chosen to participate in the first cohort this year.

$125,000 GRANT FOR LEAD POISONING ABATEMENT | OUR STAFF ATTENDED AN INDIGENOUS PEOPLE’S DAY CELEBRATION AT THE EVERSON COMMUNITY PLAZA WHERE HAUDENOSAUNEE SINGERS LED A CIRCLE DANCE.

PHOTO CREDIT: MIKE GREENLAR

Our LeadSafeCNY initiative received a third grant from the Mother Cabrini Health Foundation to put toward the cost of replacing exterior doors and windows in rental units in which low-income individuals reside. The $125,000 grant allowed Home HeadQuarters to expand its reach citywide and remove significant lead hazards from affordable rental units.

LAUNCH OF SUSTAINABLE RESPONSIBLE IMPACT INVESTING In early 2019 we began exploring opportunities for different investment strategies to further align our mission of social good with financial return, expand our donor network and make a social impact at the same time. This year we implemented a Sustainable, Responsible Impact (SRI) investment pool for our current and prospective donors and fundholders. Our SRI investment pool seeks to support, promote and advance the values and impact areas embodied in our mission and vision. The primary values identified that are guiding our SRI pool are community, leadership, diversity, excellence, service, empathy, compassion, justice, and respect.

| PARTICIPATORY BUDGETING VOTING DAY

AFFILIATE FUNDS PARTICIPATORY BUDGETING In 2022, we launched a participatory budgeting project to address childhood lead poisoning in Syracuse by increasing lead testing of children. Over a nine-month period, Syracuse residents, community leaders and nonprofit organizations came together to design solutions that would be most effective in their neighborhoods. In May, we invited all Syracuse residents to take part in a one-day online and in-person vote to choose which citywide project would receive $150,000 in grant dollars to help increase childhood lead testing and awareness. Learn more about the participatory budgeting process and the winning project on page 6.

Our four Affiliate Funds had an outstanding year of fundraising and grantmaking to support nonprofits across the region. In partnership with the John Ben Snow Memorial Trust, the Greater Pulaski Endowment Fund distributed $33,480 in grants; in addition, the Cayuga Community Fund distributed $84,520 in grants, the Oswego County Community Foundation distributed $32,260 in grants and the Women’s Fund of Central New York distributed $50,000 in grants.

Y EAR IN R E V IE W

|5

PARTICIPATORY BUDGETING

COMMUNITY RESIDENTS MAKE THEIR OWN FUNDING DECISIONS

of children tested positive as of 2022.

vote to choose which citywide project

Residents most impacted by this issue

would receive $150,000 in grant dollars to

were given the opportunity to decide how

help increase childhood lead testing and

funding should be allocated to increase

awareness. After 482 votes were cast, we

Participatory budgeting is a type of

childhood lead testing.

named a partnership between Sankofa

community engagement in which residents decide how to allocate funding through a process of democratic deliberation and decision-making.

A series of evening sessions held from September through April supported attendees with dinner and childcare.

Reproductive Health and Healing Center and Village Birth International the winner at a results party at the Salt City Market.

Participants learned about childhood

The winning project involves a collaboration

Our participatory budgeting project,

lead poisoning, generated ideas for

between the two organizations as well as

launched in 2022, involved nine months

solutions and collaboratively developed

Doula 4 a Queen, zenG Wellness and Cafe

of collaborative efforts by Syracuse

the request for proposals criteria ahead

Sankofa to use community-based doula

residents, community leaders and nonprofit

of the community-wide vote. A total of

care as an avenue of engagement and peer-

organizations. Together, they worked to

165 resident delegates participated in the

to-peer community-led wellness. Doula-led

design effective solutions tailored to their

planning sessions.

education will be expanded to incorporate

neighborhoods. This initiative aimed to address the alarming rates of childhood lead poisoning in Syracuse, where 11.2%

In May, we invited all Syracuse residents to take part in a one-day online and in-person

| LEADERS OF SANKOFA REPRODUCTIVE HEALTH AND HEALING CENTER AND VILLAGE BIRTH INTERNATIONAL REACT TO THE ANNOUNCEMENT OF THE WINNING PROJECT.

6 | PARTICIPATORY BUDGETING

lead awareness and prevention into preand postpartum programming.

APPROXIMATELY 10,000 PEOPLE VISIT THE STONE QUARRY ART PARK EACH YEAR.

| JUHANNA ROGERS STANDS ALONG THE QUEENDOM TRAIL AT STONE QUARRY ART PARK.

A REFLECTIVE JOURNEY THROUGH LAND, REPARATIONS AND DREAMS When Juhanna Rogers walks around the 104 acres of open space at Stone Quarry Art Park in Cazenovia, she enjoys the breathtaking views from the top of the hill, the carpet of greenery, and the diverse sculptures dotting the property. She also thinks about the privilege of owning land.

“I wonder if my ancestors had the land and the space to create and build their lives, how might that have changed my life and the lives of those who look like me?” she asked.

“What if my ancestors had these resources?”

In the spring, she put the finishing touches

step, the artists marked 40 acres at the park,

on “Queendom,” the play she developed

so visitors could visualize the space Lincoln’s

while thinking about those questions as a

unfulfilled promise entails. That remains as

Stone Quarry visiting artist. Her play evolved

the Queendom Trail, dotted with quotes from

from conversations and contemplation about

the play. Rogers also presented events in June

President Abraham Lincoln’s 1865 promise

and August 2022 related to “Queendom,” and

to provide 40 acres and a mule to formerly

she hosted a festival celebrating her play this

enslaved people as reparations. After

past summer.

Lincoln’s assassination, President Andrew Johnson withdrew the promise.

“Visitors come up to the top of the hill out of breath and realize a deeper connection with

“The political landscape shifted and it never

the land,” Rogers said. “The Queendom Trail

happened,” Rogers said. “Former slaves were

is a reflective walk to think and see what 40

never given anything for their labor.”

acres looks like. In theaters people can be free to have discussions in a different way

A grant from our affiliate fund, the Women’s

than in real life.”

Fund of Central New York, supported Rogers and other Black and Latina artists in creating

Read the full story at

work inspired by the park’s open space and

cnycf.org/2023ArtPark

reparations for Black Americans. As a first

or scan the QR code.

S TON E QUA R R Y A R T PA R K

|7

EMPOWERING COMMUNITIES THROUGH TAX EDUCATION AND ASSISTANCE Longtime volunteer tax preparer John Langan has met a lot of stressed-out people. “Generally, they are intimidated by tax laws,” said Langan, 85, a retired math teacher and computer systems administrator who has volunteered more than 13 years for PEACE, Inc.’s Free Tax Prep program. “They’re very grateful to have someone knowledgeable to help them file their taxes and get it out of the way.”

Over the years he’s met all kinds of community members: young people filing taxes for the first time, spouses seeking help after their partner has died and New Americans who bring translators to their appointments.

“There are sweet stories of people who get a refund who really badly needed it,” he said. “They usually plan to use it for bills, not to buy something special. Many of them are living paycheck to paycheck.”

Low-income communities were disproportionately affected by the COVID-19 pandemic, increasing the need for financial support and making it more likely that many low- and middle-income residents would delay or neglect to file

| JOHN LANGAN AT PEACE, INC. ON EAST FAYETTE STREET

taxes, said Sharon Thompson, manager of PEACE, Inc.’s Free Tax Prep program.

In 2021, the American Rescue Plan Act

Community Outreach and Opportunity

they are unaware of all the details,” he said.

expanded the Child Tax Credit (CTC) and

Fund. We contributed $50,000 of our

“It’s good we have the experience to share.”

Earned Income Tax Credit (EITC), making

own funding from our Poverty Initiative

most families with children eligible for

Fund for this effort. We then used our

monthly checks to offset lost income or

combined $100,000 and made a grant to

unpaid bills during the height of the

the Central New York CA$H Coalition,

COVID-19 pandemic. But the people who

an initiative of the United Way of Central

needed it the most did not know about it or did not get it.

New York, and a grant to PEACE, Inc. for marketing and administrative efforts.

To address barriers and increase the

DURING THE 2022 TAX SEASON, LOCAL LOW-INCOME HOUSEHOLDS RECEIVED AN AVERAGE OF $2,173 IN FEDERAL AND STATE TAX CREDITS TOTALING $2,782,022 SECURED AND RETURNED TO CENTRAL NEW YORK.

number of Syracuse families who

Langan plans to volunteer again next tax

signed up for the expanded federal tax

season. “Most people are relieved that

Read the full story at

credit benefits, we received $50,000 in

someone is doing taxes for them because

cnycf.org/2023PeaceInc

funding from the EITC Funders Network’s

there are so many factors involved and

or scan the QR code.

8 | TAX EDUCATION AND ASSISTANCE

OUR IMPACT STRATEGIC INITIATIVES

REALIZING THAT RESPONSIVE GRANT FUNDING ALONE CANNOT ADDRESS OUR COMMUNITY’S COMPLEX CHALLENGES, OUR STRATEGIC INITIATIVES FOCUS ON ONE COMMON GOAL — TO MAKE A DEMONSTRABLE IMPACT ON OUR COMMUNITY. The Early Childhood Alliance is a collaboration that promotes a holistic approach to addressing the general needs of children in Onondaga County. We provide grant, management and facilitation support to the ECA. The Human Services Leadership Council is comprised of human service agencies working together to identify opportunities and respond to basic human needs.

We provide grant, management and facilitation support to HSLC. Our LeadSafeCNY initiative is a multiyear commitment to help decrease the region’s alarming childhood lead poisoning rates through funding, impact investing, collaboration and improved public policy. This year we distributed eight grants totaling $290,000 to support lead-free housing construction, existing home renovations, community outreach, and training and workforce development. So far, 1,415 windows and 148 doors have been replaced to eliminate lead-dust-producing high-friction surfaces in rental units. In addition, 195 safe and affordable rental units have been constructed or renovated in target neighborhoods. leadsafecny.org We provide funding, management and research support to programs in Onondaga, Madison and Cortland counties that address the issue of literacy across all ages.

Say Yes Syracuse provides opportunities and scholarships to remove financial barriers for Syracuse City School District students to attend college. Say Yes Syracuse is independently governed and administered by the Community Foundation. A total of 5,833 scholars have attended college with the help of Say Yes since 2009. sayyessyracuse.org

| MARTINE DOSA, SAY YES SYRACUSE SCHOLAR

Local community groups provide career pathways to low-income individuals while fulfilling staffing needs of local employers through Work Train. We provide funding for this program.

OUR IMPACT

|9

PROFESSIONAL & ORGANIZATIONAL DEVELOPMENT

COMMUNITY RESOURCE & KNOWLEDGE

THE COMMUNITY FOUNDATION

BUILDING ON OUR COMMITMENT TO COLLECTING AND ANALYZING LOCAL DATA AS WELL AS THE EXPERIENCE WE HAVE ACCUMULATED OVER MORE THAN 95 YEARS OF SERVICE TO OUR REGION, WE SERVE AS A RESOURCE TO RESIDENTS SEEKING INSIGHTS ON SOCIAL AND COMMUNITY ISSUES.

HAS FOR MANY DECADES BEEN A LEADING SPONSOR OF INITIATIVES TO STRENGTHEN OUR REGION’S NONPROFIT SECTOR. BoardSTRONG connects talented Central New York individuals with nonprofit board opportunities and provides online resources for nonprofit board members and leaders. We provide funding for this program. boardstrong.org LeadUP CNY is a professional and personal development program for the next generation of nonprofit leaders. Forty-nine participants have graduated since the program’s inception.

cnycf.org/leadup The Marsellus Executive Development Program is an individualized leadership development opportunity for executive directors of organizations within Onondaga or Madison counties. Thirty-four individuals have graduated since the program’s inception. cnycf.org/executive

NEWS/Nonprofit Essentials Workshop Series is an ongoing training series designed for nonprofit professionals to gain knowledge on a variety of tools for professional and organizational development. This year, more than 120 attendees from 88 organizations participated in virtual workshops.

cnycf.org/workshop

Nourishing Tomorrow’s Leaders is an eight-week

5forCNY educates individuals on how they can play a vital role in enriching the future of the Central New York community through legacy giving. 5forcny.org The Community Data Group is comprised of nonprofit and government sector members who gather to share ideas and data and coordinate efforts to help our community improve more effectively. cnycf.org/

communityresource

CNY Vitals & CNY Vitals Pro are state-of-thecommunity websites that provide a common source of data and interactive visualizations on critical topics that affect the health and progress of our region. cnyvitals.org

training program focused on increasing the pool of diverse nonprofit board members in our community. We assist with program development, funding and implementation.

Our Staff Advancement Initiative is a development and advancement program for non-management or entry-level management nonprofit staff members. This year, 25 participants received a total of $15,300 for professional development.

cnycf.org/staffadvance

The Leadership Classroom (TLC) helps residents or grassroots groups to learn practical skills that make stronger, more effective neighborhood and grassroots leaders. This year, 28 individuals representing five organizations graduated from TLC. cnycf.org/tlc

| THE LEADERSHIP CLASSROOM CLASS OF 2022-2023

10 | O U R I M P A C T

| LANDMARK THEATRE STAFF AND BOARD MEMBERS

DURING THE 2022 SEASON, THE LANDMARK THEATRE WELCOMED 153,417 GUESTS, GENERATING AN ESTIMATED TOTAL OF $4.3 MILLION OF ECONOMIC ACTIVITY, ACCORDING TO SURVEY DATA.

LANDMARK THEATRE AGENCY FUND DESIGNED TO MAKE SURE SHOWS GO ON

To make sure the Landmark continues to

nonprofit board more time to focus on their

create memories for decades to come,

organization’s mission.

When Mike Intaglietta was about 12, his

to support capital improvement projects at

its board of directors created a nonprofit agency fund at the Community Foundation

“We have a modest size staff just to keep the place running,” Intaglietta said. “We’re always balancing our capital needs and whether we

sister and future brother-in-law took him

the former movie palace.

to see a Rocky and Bullwinkle film at

“We want to provide a mechanism for the

arise. Having a separate vehicle to make sure

Syracuse’s Landmark Theatre. “It’s the first

community to invest in the property in a way

we have funds available for capital projects

visit I remember,” Intaglietta said, recalling

that they can feel secure it will continue to

helps us plan.”

the glitz, glamour and grandeur that

be a beautiful facility,” Intaglietta said.

enchanted him at that mid-1980s film fest.

have enough funds to address needs as they

Since its rebirth in the late 1970s, the

Agency funds allow the Community

Landmark has charmed new generations of

Many Central New Yorkers share similar

Foundation to receive and manage

arts lovers and event guests. “Because of the

stories. “There’s this personal history people

contributions on behalf of a nonprofit

history and elaborate décor, people look to

have here,” said Intaglietta, the Landmark’s

and make an annual distribution to the

us as a community asset,” Intaglietta said.

executive director for seven years. “A close

organization. We manage funds, assist with

“The experience of seeing a show here is like

colleague’s parents met here. People

planned giving, administer gifts, and oversee

no other.”

remember a certain concert or show they

the nonprofit’s accounting and compliance.

saw here. People have marked milestones

Shifting its fiduciary responsibility of

here: weddings, graduations, nonprofit

investment management to us gives the

anniversaries.”

Read the full story at

cnycf.org/2023Landmark or scan the QR code.

LANDMARK THEATRE

| 11

IMPACTING LIVES HERE

AYEAR OF GRANTM EXCEEDING EXPECTATIONS BETWEEN APRIL 1, 2022, AND MARCH 31, 2023, WE RECEIVED $29.3 MILLION IN GIFTS AND BEQUESTS AND DISTRIBUTED $20.7 MILLION IN GRANT SUPPORT TO NONPROFIT ORGANIZATIONS IN CENTRAL NEW YORK AND SURROUNDING AREAS.

BLACK EQUITY & EXCELLENCE FUNDING Our Black Equity & Excellence Fund was designed to help reverse patterns of historic underinvestment and build the momentum necessary to create lasting social change for the community by funding Black-led community-based projects that promote and encourage self-sufficiency and address physical and economic conditions that affect quality of life. The Fund also encourages dialogue that will strengthen race-related matters and support social and educational growth in the community. This year we distributed 23 grants totaling $261,900.

COMMUNITY GRANTMAKING We offer a wide variety of funding opportunities, the largest of which is our Community Grants program. We provide grant funding to nonprofit organizations in Onondaga and Madison counties for projects that promote community impact, capacity building and diversity in the areas of arts and culture, civic affairs, education, health, human services and the environment. This year we distributed 56 grants totaling $2,313,357.

CORTLAND COUNTY BRIGHT IDEAS

| ERIE CANALWAY HERITAGE FUND, A COMMUNITY GRANT RECIPIENT

Our Cortland County Bright Ideas program offers nonprofits serving Cortland County the opportunity to apply for a $5,000 grant to support their missions. Applicants are invited to submit their best and brightest idea for enhancing their organization and better serving the community. The grants program is supported through the generosity of the Fenstermacher Fund and other local donors. This year we distributed 13 grants totaling $65,000.

RURAL POVERTY SUPPORT The Madison County Rural Poverty Fund is our effort to support poverty-related issues and organizations in Madison County. We committed to tackling this issue through multiple approaches including funding, impact investing and community leadership.

This year we distributed six grants totaling $50,000.

ADDITIONAL GRANTMAKING We also distributed 113 small grants totaling $219,149; three literacy grants totaling $218,541, including operational support for Imagination Library; and two Strategic Partnership Fund grants to support nonprofit mergers and affiliations totaling $20,000.

TO VIEW A LIST OF ALL OUR GRANTS, VISIT CNYCF.ORG/AR.

12 | G R A N TM AKING

| BLACK GIRLS DON’T GET LOVE PARTICIPATES IN LADDERS TO THE OUTDOORS PROGRAM

MAKING

BREAKING BARRIERS, CONNECTING COMMUNITIES: YOUTH THRIVE THROUGH NATURE EXPLORATION Staffon Donerlson remembers his mother taking him to Green Lakes State Park when he was a child.

When he was older and needed to relax and refresh, he’d head to the Fayetteville park for cookouts. But he never knew the park — with its splendid glacial lakes and popular picnic facilities — also featured hiking, fishing and golfing.

Now, as Ladders to the Outdoors program director, a program launched with support from Natural Heritage Trust, Donerlson coordinates events that introduce children from under-resourced neighborhoods to the diverse natural, historic and recreational features of New York’s parks system.

“There’s a lack of exposure for many families and children,” he said. “They don’t know what’s going on at parks, or they don’t even know they exist.”

Barriers including transportation, access to equipment and discrimination prevent some people from enjoying nature, recreation and exercise in New York’s parks.

To address these inequities, the Community Foundation provided a grant for recreational equipment, instructors and outreach for Ladders to the Outdoors. The programs, including skiing, fishing and camping, introduce outdoor experiences to youth in Syracuse neighborhoods with high levels of poverty and limited access to green space.

In April, Black Girls Don’t Get Love, a nonprofit organization that provides positive and tangible opportunities for young women of color, spent a day exploring and adventuring with Ladders to the Outdoors. Donerlson, along with other nature experts, led the group of more than 30 girls around Green Lakes as they taught them how to build tents, start fires safely, bird watch and make s’mores.

“We want to make sure that nature is accessible to young girls of color and that they are exposed to opportunities to explore and experience all that our planet has to offer,” said Eden Strachan, founder of Black Girls Don’t Get Love. “It was

AS OF APRIL, 275 YOUTH PARTICIPATED IN LADDERS TO THE OUTDOORS ENVIRONMENT AND EDUCATION PROGRAMS.

incredible to watch our girls fully engaged and smiling throughout the day.”

Read the full story at

cnycf.org/2023Ladders or scan the QR code.

L A DDER S TO THE O U T D O O R S

| 13

| PAT AND GWYN MANNION

BEYOND BOUNDARIES: A JOURNEY OF GIVING AND COMMUNITY

Gwyn added, “My parents taught me that

decided to establish the Gwyn K. & Patrick A.

kindness should know no bounds. There is

Mannion Fund at the Community Foundation

so much need in the world, and it’s our duty

to facilitate their charitable giving.

PAT AND GWYN MANNION

who need it most.”

Catholic worker Dorothy Day writes in her book, The Long Loneliness, “The only answer in this life, to the loneliness we are all bound to feel, is community.” For Gwyn and Pat Mannion, community is a definitive part of their lives.

to alleviate suffering and bring hope to those

As they embarked on their own journey together, Pat and Gwyn carried forward the lessons they had learned from their parents.

They found themselves drawn to various causes and organizations, offering their support in whatever way they could. The

THE MANNIONS HAVE USED THEIR FUND TO SUPPORT VARIOUS ORGANIZATIONS AND INITIATIVES LIKE SUNY UPSTATE MEDICAL UNIVERSITY, CROUSE HOSPITAL, CATHOLIC CHARITIES AND THE YMCA.

Growing up, they both had parents who

Fayetteville Firehouse holds a special place

instilled in them the value of generosity and

in Pat’s heart, where he has spent countless

service. Pat’s father, Jack Mannion, was a

hours serving the community. Gwyn, on

“Establishing our fund was a seamless

dedicated volunteer, always lending a helping

the other hand, has a deep passion for

way to ensure our giving had a lasting and

hand to his neighbors and working tirelessly

helping people in low-income communities,

meaningful impact,” they said. “It’s not just

for his church. Gwyn’s parents, too, were role

volunteering at the Samaritan Center

about writing a check; it’s about investing in

models of selflessness, devoting their time to

and assisting with Catholic Charities’

causes that align with our values and

church activities and extending kindness to

refugee program.

creating sustainable change.”

The couple’s desire to contribute to their

Read the full story at

those around them.

“Growing up, my dad showed me the power

community extends beyond their time

cnycf.org/2023Mannion

of lending a helping hand. I want to continue

and efforts. Recognizing the importance of

or scan the QR code.

his legacy by serving our community and

supporting the community in multiple ways,

making a difference,” said Pat.

and having watched Pat’s father create and use his own donor-advised fund, the pair

14 | P A T A N D G W Y N M A N N I O N

COMMUNITY FUND DONORS ROBERT R. & ALICE E. ANDREWS

THE JACOB & MINNIE KLIMAN FOUNDATION

LAUREN SEITER

MARTHA J. ANGELONE

JOSEPH & KERRY KOEN

JANE SLABOWSKI & PETER MCCARTHY

TIM ATSEFF & PEGGY OGDEN

JAN & PATRICK LANE

THE SOLOMON FAMILY

JEAN BEERS

MICHAEL LAPORTE

RICK STEUL

NANCY S. BENJAMIN

DAVID LAWRENCE

JAMES & DEBORAH TIFFT

STEVEN & LAURIE BERKOWITZ

JOSEPH LAZZARO

UPDOWNTOWNERS OF SYRACUSE, INC.

DONNA J. BERNARDINI-CARR

DR. DAVIDD & MRS. JENNIFER LEVY

ROBERT A. WEED & NANCY T. WEED

MARILYN MUENCH BITTNER

BOB & ZALIE LINN

NORMA WIDMANN

CHARLOTTE BROWN

LEE N. MACBETH

ELIZABETH A. WILLIAMS

JANE BURKHEAD & ROBERT S. SARASON

JAMES MACKILLOP

KATHRYN G. WOODRUFF

FRANK G. & DORINDA CAPELLA

DOUGLAS MANDEVILLE & ANNE MANDEVILLE

THERESA CAREAGA

CANDACE & JOHN MARSELLUS

NONA H. CHADWICK

SANDY & DAN MASTERPOLO

GORDON M. CLARKE & SALLY A. CLARKE

GEORGE & DOROTHY R. MATTHEWS

DR. & MRS. JEFFREY M. DESIMONE

DAVID MERTZ

DEBORAH DONAHUE

MARY MORAN & JORDAN KERBER

MARGARET M. ELLIOTT & JOHN M. ELLIOTT

RICHARD & CHRIS MOSESON

ETFIDEA, LLC

HON. MARTHA E. MULROY

DONALD B. FAHRER

PRAGYA & MICHAEL MURPHY

MARK L. FELDMAN & CHRISTINE RILEY

JOHN A. & KAREN D. NOVAK

JOHN P. FELLEMAN & VIRGINIA FELLEMAN

SHIRLEY & LARRY NOVAK

KATE & NATHAN FRANZ

MARION R. NYDAM

GAYLORD ESTATE

MAXWELL PERRIN

CAROLYN & ANTHONY GERAKOPOULOS

FREDERICK F. PIERCE & DORIS H. PIERCE

GRACE B. GHEZZI CONSULTING, LLC

MARILYN E. POST

BETHAIDA GONZÁLEZ

ANNE ROYER

RICHARD GREEN & DOLORES GREEN

JEFF & JULIE RUBENSTEIN

JOSEPH J. & DONNA J. HIPIUS

KEVIN E. SCHWAB & DEBORAH A. SCHWAB

LEWIS & JULIE JOHNSON

MARTIN A. SCHWAB

CHRISTOPHER KEEGAN & CAMMIE KEEGAN

PHYLLIS HOTCHKISS SCHWARTZ

IN MEMORY OF

IN HONOR OF

ROSEMARY BUCCI

SUSAN BLAIR

CHARLES & CINDY HENDERSON

SALLY DUNN

BETH & TIM COLLINS

VICTOR IANNO

SANFORD STERNLICHT

KATRINA CROCKER

LINDA MILLER

WALTER & THERESE DANCKS

DEBORAH OSTRANDER

PETER DUNN

DAVID WICKS

COMMUNITY FUNDING PARTNERS ALLYN FAMILY FOUNDATION

MACKENZIE HUGHES LLP

THE BONADIO GROUP

MICRON TECHNOLOGY, INC. AND MICRON FOUNDATION

THE RULISON GROUP, MSSB

MOTHER CABRINI HEALTH FOUNDATION

THE JON BEN SNOW FOUNDATION

NATIONAL GRID

SIGNAGE SYSTEMS

NAZARETH FUND OF THE SISTERS OF SAINT FRANCIS OF THE NEUMANN COMMUNITIES

SYRACUSE CITY SCHOOL DISTRICT

CNY BUSINESS JOURNAL CREWCIAL PARTNERS LLC DERMODY, BURKE & BROWN, CPAS, LLC ESTATE PLANNING COUNCIL OF CNY HEALTH FOUNDATION FOR WESTERN & CENTRAL NEW YORK LEE GATTA, PRUDENTIAL FINANCIAL THE GIFFORD FOUNDATION

NBT FINANCIAL GROUP ONONDAGA COUNTY DEPARTMENT OF SOCIAL SERVICES

THE DOROTHY AND MARSHALL M. REISMAN FOUNDATION

SYRACUSE UNIVERSITY UNITED WAY OF CENTRAL NEW YORK WAER WRVO PUBLIC MEDIA

The donors listed in this section made their contributions between April 2022 and March 2023.

C OMMUN I TY FUN D D O NO R S

| 15

NEW FUNDS

WE GRATEFULLY ACKNOWLEDGE THE GENEROUS COMMUNITY-MINDED INDIVIDUALS, FAMILIES AND ORGANIZATIONS THAT ESTABLISHED 41 NEW FUNDS AT THE COMMUNITY FOUNDATION THIS YEAR. THEY WILL BENEFIT THE COMMUNITY NOW AND FOR GENERATIONS TO COME.

DELISA KERWIN MEMORIAL FUND Delisa Kerwin graduated from Corcoran High School in 1990 and attended Onondaga Community College. She was employed by the Onondaga County Parks Department. Delisa enjoyed cooking, gardening, walks with her dog, Dewey, and spending time in Cape Cod, Pyramid Lake, the Outer Banks and New Hampshire. More than anything, she adored her loving friends and family, especially her three beautiful children. As a way of celebrating Delisa’s life and legacy of kindness, her family and friends established this fund to provide annual scholarship aid for students attending Most Holy Rosary School and Bishop Ludden Junior Senior High School.

MARTHA, GRACIA & ROBERT LEOPOLD FUND When Martha Leopold was young, she came down with the chicken pox, causing damage to her ear that resulted in permanent hearing loss. Nevertheless, her parents supported her and helped her overcome whatever barriers she faced.

They encouraged her to travel, get involved in the community and pursue her dreams. She remained incredibly close with them both until their passing.

Even though she had a hard time in school, there were things about it that Martha liked. She felt that her education was a privilege and worked hard to keep up in school, graduating from Liverpool High School in 1963. She later worked for Merchant Bank where she worked for 30 years.

Both her father and mother volunteered at St. Paul’s Lutheran Church and were always helping other people. Religion and giving back were important pieces of their lives.

Martha chose to name this fund to include her parents, Gracia Cottet Leopold and Robert Leopold, as a way to honor them as a part of her family’s legacy.

This fund will provide perpetual support in Central New York to address the community’s greatest charitable needs.

FOR A FULL LIST OF OUR FUNDS, PLEASE VISIT CNYCF.ORG/FUNDS. The donors listed in this section made their contributions between April 2022 and March 2023.

16 | N E W F U NDS

AGENCY FUNDS CAYUGA COUNTY CVB INVESTMENT FUND

HOW TO GIVE

CAYUGA COUNTY CVB SRI FUND FMYLA ERIC “ZACK” LORRAINE SCHOLARSHIP FUND LANDMARK THEATRE FUND SKANEATELES PARKS & CONSERVATION PRESERVATION FUND SYRACUSE STAGE FUND VERA HOUSE FOUNDATION

COMMUNITY FUNDS 5FORCNY FUND ELLEN T. & DAVID R. BACON FUND

YOU CAN MAKE A DIFFERENCE IN THE COMMUNITY BOTH NOW AND BEYOND YOUR LIFETIME. LET US BE YOUR PARTNER.

MARTHA, GRACIA & ROBERT LEOPOLD FUND

DESIGNATED FUNDS MIKE CASTER GRATEFUL HEART AWARD HILLICK FAMILY FUND DELISA KERWIN MEMORIAL FUND LEINBACH MEMORIAL FUND JOHN R. MACHOLL EDUCATIONAL ASSISTANCE FUND

DONOR-ADVISED FUNDS 50S EMPLOYEE FUND BACKUS FAMILY GIVING FUND JAMES C. BURNS FUND JOHN & ALEXANDRA CONDON FAMILY FUND DONOHUE FAMILY FUND FARM CREDIT EAST CARES EMPLOYEE FUND FREYER & LEWIS FAMILY FOUNDATION

YOUR GIVING CAN BE MADE EASIER Since 1927, generous Central New Yorkers have relied on the Community Foundation to help achieve more with their giving. Together, we can help transform your giving passions into lasting, measurable impact.

YOU CAN CONTINUE YOUR CHARITABLE GIVING IN PERPETUITY There is no time like the present to think about how you want to deploy a portion of your assets for community benefit after you are gone. Our legacy planning services focus on helping you transmit your values, identify the issues you care about and capture your personal life story.

CHEDY HAMPSON CHARITABLE FUND HANCOX WOOD FAMILY FUND KATHY HANLEY & MATTHEW BURNS FOUNDATION HERBERT FAMILY FUND JULIA M. HUFF-RIVETT FUND J & J CHARITABLE FUND JOLY CHARITABLE FUND MICHAEL KENT FUND MARK & MARY ELLEN MCANANEY FUND PENNY MCCURN STUART FUND PROFOUND FOUNDATION

YOU CAN GIVE FLEXIBLY THROUGHOUT YOUR LIFETIME Donor-advised funds are simple to set up and easy to operate. They allow you to address a wide variety of issues and fulfill your charitable interests as they evolve over time. The flexibility of the donor-advised fund makes it a convenient option to manage your giving and enjoy hands-on involvement.

RAYO FAMILY FOUNDATION JOHN A. SANTILLO FUND VARGO BRODIE FUND VISCONTI FAMILY FUND

FIELD-OF-INTEREST FUNDS WESTMINSTER PRESBYTERIAN NORTHSIDE CONCERNS FUND

INTERESTED IN EXPLORING OPTIONS FOR YOUR PERSONAL GIVING? CALL US AT 315.422.9538 OR VISIT cnycf.org/give.

SPECIAL PROJECT FUNDS STEM FROM DANCE FUND

NE W F U ND S

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FINANCIAL INFORMATION

$392.5

$29.3

$20.7

TOTAL ASSETS

TOTAL CONTRIBUTIONS

TOTAL GRANTS

MILLION

MILLION

7.3%

MILLION

INVESTMENT RETURN (SINCE 1994)

SUMMARY FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2023

MESSAGE FROM THE CFO

BALANCE SHEET

As chief financial officer of the Community Foundation, I am honored to provide you with some financial and operational updates from this past year:

ASSETS

Investments $371,109,567 Receivables & Other 21,394,557 Total Assets $ 392,504,124

• Amid a challenging financial climate, our board’s finance committee worked diligently with our dedicated investment consultant to assess our portfolio performance, strategic asset mix, inflation, and spending policy.

All the while, we are focusing on preserving and growing the value of the assets entrusted to us to ensure the long-term sustainability of our impact.

LIABILITIES & NET ASSETS

Funds Held for Other Agencies $ 26,593,492 Grants Payable 2,528,279 Other 5,683,604 Net Assets 357,698,749 Total Liabilities & Net Assets $ 392,504,124

• Our Sustainable Responsible Impact investment pool has grown steadily over the past 18 months to $14 million as of March 31, 2023. This is thanks to the generosity of our donors and the diligent stewardship of our investments.

• Our allocation to diverse investment managers, which was already well above national industry averages, increased this past fiscal year from 15.4% to 17.7%, demonstrating our commitment to equity in the asset management industry. Furthermore, we are proud that over 10% of our operating expenses supported minority and women-owned businesses.

STATEMENT OF ACTIVITIES REVENUES

Contributions $ 29,283,609 Net Return on Investments (14,421,310) Other 180,670 Total Revenues $ 15,042,969

As we look ahead, our new strategic plan will take us through our centennial celebration in 2027. The Finance and Administration pillar of this plan is entitled “Stewarding Charitable Resources for Good” and focuses on sustaining our organizational strength, cultivating impact investments, and infusing our commitment to equity through our operations, investments, staff and board governance. Prudent management and investment of our resources will allow us to grow and deepen our existing work while creating new opportunities to impact lives here.

GRANTS & EXPENSES Grants $ 20,688,566 Program Support 2,278,800 Operating Expenses 2,367,362 Total Grants & Expenses $ 25,334,728

I extend my deepest gratitude for your continued support. Your generosity and trust enable us to be a bold, courageous and enduring partner in philanthropy. Please reach out if you have any questions about our strategic plan, investment management or any of the financial information contained in our annual report.

CHANGE IN NET ASSETS

Net Assets Beginning of Year Net Assets End of Year

.

Kimberly P. Sadowski, CPA Vice President & Chief Financial Officer

The Community Foundation’s audit is conducted by The Bonadio Group.

The complete Consolidated Financial Statements, with accompanying footnotes, as well as Form 990, are available for inspection at the Community Foundation office and online at cnycf.org.

INVESTMENT POOL ASSET ALLOCATION

Non-U.S. Equity

36%

18 | F I N A N CIAL IN F ORM AT ION

U.S. Equity

29%

$ (10,291,759) 367,990,508 $ 357,698,749

Fixed Income

17%

Private Equity & Real Estate

10%

Hedge Funds

8%

ASSETS BY FUND TYPE

ASSETS BY YEAR $392,504,124

$400,000,000

n Donor-Advised

$150,159,754

$300,000,000

n Community

$83,199,709

n Scholarships

250,000,000

$51,758,913

$392,504,124

n Field-of-Interest

TOTAL ASSETS

$41,452,624

200,000,000

n Designated & Special Projects

$39,339,632

150,000,000

n Nonprofit Agency

$26,593,492

100,000,000 2019

2020

2021

2022

2023

NET ASSET BRIDGE

CONTRIBUTIONS BY FUND TYPE

DOLLARS IN MILLIONS

n Donor-Advised

$4,082,831

n Community

$29,283,609 TOTAL CONTRIBUTIONS

$648,931

n Scholarships

$273,316

(2.3)

$357.7

(2.4) OPERATING EXPENSES

2022 Net Assets

(20.7) PROGRAM SUPPORT

n Field-of-Interest

$4,585,286

(14.4)

GRANTS

29.5

INVESTMENT RETURNS

$368.0

CONTRIBUTIONS & OTHER INCOME

$19,693,245

n Designated & Special Projects

2023 Net Assets

GRANTS BY YEAR

GRANTS BY FUND TYPE

$25,000,000

$20,688,566

n Donor-Advised

$12,148,438

20,000,000

n Designated & Special Projects

$2,842,592

n Community

$2,350,548

$20,688,566

15,000,000

TOTAL GRANTS

n Scholarships

10,000,000

$1,674,123

n Field-of-Interest

$1,672,865

5,000,000

2019

2020

2021

2022

2023

Graphs represent financial information for the fiscal year ended March 31, 2023.

FI N A N C I A L I N F O R M A T IO N

| 19

CNY PHILANTHROPY CENTER 431 EAST FAYETTE STREET, SUITE 100 SYRACUSE, NEW YORK 13202

LISA DUNN ALFORD

STAFF

BOARD

315.422.9538

CATHERINE BERTINI WILLIAM H. BROWER III KARIN SLOAN DELANEY, ESQ. DANIEL J. FISHER STEPHEN D. FOURNIER KATE FELDMEIER FRANZ

PRESIDENT & CEO (through June 30, 2023)

COMMUNITY INVESTMENT

PETER A. DUNN, JD

FRANK M. RIDZI, PH.D.

INTERIM PRESIDENT & CEO; VP OF DEVELOPMENT THOMAS M. GRIFFITH, AEP®, CAP®, CHFC®

FINANCE & ADMINISTRATION

MARK A. FULLER, CPA

KIMBERLY P. SADOWSKI, CPA

SUSAN FURTNEY, MPH , FACHE

Vice President & Chief Financial Officer

LEE GATTA, CLU®, CHFC®, AEP®

ELIZABETH T. HARTMAN, CPA

CAROLYN GERAKOPOULOS**

Senior Director of Finance

BEA GONZÁLEZ

GERIANNE P. CORRADINO, SHRM-CP

Human Resources & Operations Officer

DR. WARREN HILTON*

JENNY E. GREEN

DAREN C. JAIME**

Senior Information Systems Officer

JOSEPH LAZZARO, CFP®, CLU® DR. EMAD RAHIM, PPMP, OMCP, CSM, CM, CKF, CCPM REBECCA BRONFEIN RAPHAEL

DANIELLE M. JOHNSON

Senior Director of Grants & Programs

DARRELL D. BUCKINGHAM

Program Officer

QIANA WILLIAMS

Program Officer

COLBY CYRUS

Program Manager

ELISIA GONZALEZ

Grants Manager

COMMUNICATIONS KATRINA M. CROCKER

YEISHA NÚÑEZ-DENSON

Vice President of Communications

DANA C. FIEL

Senior Communications Officer

DAVONA LAWRENCE

Senior Events & Communications Manager

TERRI M. EVANS

SCHOLARSHIPS AND STUDENT SUPPORT

Accountant

LEYLA Z. MORGILLO, CFP®*

Vice President of Community Investment

Finance Manager

JULIET R. MALOFF CORY SCHAD

Finance Associate

CAERESA RICHARDSON, PMP KEVIN E. SCHWAB

Administrative Associate

MARTIN A. SCHWAB, ESQ.

DEVELOPMENT

GENERAL COUNSEL

MONICA M. MERANTE, CAP®

Senior Director of Philanthropic Services

MARY ANNE CODY, ESQ.

JAN L. LANE, CAP®

Senior Philanthropic Advisor *Term commenced July 1, 2023 **Board service completed June 30, 2023

| STAFF STANDS IN FRONT OF A “SYRACUSE AS CANVAS” MURAL PAINTED BY CECILY THOMAS. THIS IS THE SECOND OF EIGHT MURALS PAINTED FOR URBAN SYRACUSE BY TOMORROW’S NEIGHBORHOODS TODAY.

PRAGYA S. MURPHY, CAP®, MBA

Senior Philanthropic Advisor

AHMEED H. TURNER

Vice President of Scholarships & Student Support; Executive Director of Say Yes Syracuse

DANA E. LYONS-CANTY

Officer of Scholarships & Student Support, Say Yes Syracuse