2024 FINANCIAL REPORT
Incredible transformations are unfolding in our community—and the Community Foundation is at the heart of it all.
ALL FIGURES CALCULATED AS OF DECEMBER 31, 2024.
2024 SNAPSHOT
DONORS = 2,600
DONATED = $16M
GIFTS = 3,575
NEW FUNDS = 38
GRANTS, SCHOLARSHIPS & INITIATIVES = 2,560
INVESTED IN COMMUNITY = $15.7M
TOTAL FINANCIAL ASSETS = $210M
COMMUNITY INVESTMENTS
AGENCY
60 DISTRIBUTIONS | $1.67M DESIGNATED
62 GRANTS | $1.55M DISCRETIONARY/ FIELD-OF-INTEREST
993 GRANTS | $3.37M DONOR-ADVISED
761 GRANTS | $5.76M EMERGENCY RESPONSE
538 AWARDS | $1.35M
FISCAL SPONSORSHIP
7 DISTRIBUTIONS | $109,000
PROJECT/MEMORIAL/ CELEBRATION
11 GRANTS | $223,000 SCHOLARSHIPS
178 SCHOLARSHIPS | $415,000 STRATEGIC INITIATIVES
3 INITIATIVES | $903,000
FUNDS BY TYPE
FUND ASSETS
549 TOTAL $203M TOTAL
DONOR-ADVISED = 151
NONPROFIT AGENCY = 88
SCHOLARSHIP = 80
DISCRETIONARY = 76
FIELD-OF-INTEREST = 68
DESIGNATED = 53
CGAS & TRUSTS = 25
PROJECT/MEMORIAL/ CELEBRATION = 5
FISCAL SPONSORSHIP = 3
DONOR-ADVISED = $62.7M
DISCRETIONARY = $50.1M
FIELD-OF-INTEREST = $48.9M
DESIGNATED = $20.8M
SCHOLARSHIP = $12.3M
PLANNED GIFT/ FUTURE FUND = $3.8M
NONPROFIT AGENCY = $3.8M
PROJECT/MEMORIAL/ CELEBRATION = $948,000
FISCAL SPONSORSHIP = $57,000
Cash & Cash Equivalents $3,709,323
Other Current Assets $802,384
Loans Receivable $427,941
Estates Receivable $2,833,022
Charitable Lead Trust
Charitable Remainder Trust
2024 FINANCIAL SUMMARY
$1,711,616
$1,414,957 Property And Equipment, Net $2,887,787
Accounts Payable & Accrued Expenses
Charitable Gift Annuity Obligations $1,046,331
Charitable Remainder Unitrust Obligation $396,946
Deferred Revenue $773,232 Total Liabilities $17,103,964
ASSETS Without Donor Restrictions $38,157,708 With Donor Restrictions $165,163,979
Net Assets $203,321,687 Total Liabilities & Net Assets $220,425,651
2608 GENESEE STREET
UTICA, NY 13502
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