Overview
What is The Schenectady Foundation?
The Schenectady Foundation is a philanthropic trust established to enhance the well-being of residents in Schenectady County, New York. Acting as a benefactor, the foundation conducts a competitive grant program, awarding funds based on community needs, organizational capacity, and program effectiveness. By doing so, it directly contributes to addressing the needs and issues within the local community. Moreover, The Schenectady Foundation extends its support to deserving students from Schenectady County by offering college scholarships. During 2022, approximately 155,000 individuals in the county were served by the organization's initiatives.
Official website here: www.schenectadyfoundation.org
Is The Schenectady Foundation legitimate?
The Schenectady Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Schenectady Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.schenectadyfoundation.org
What is the mission statement of The Schenectady Foundation?
The Schenectady Foundation's mission is centered around promoting sustainable improvement in the health and welfare of people, organizations, and neighborhoods. This philanthropic trust achieves this goal by investing philanthropic resources in the community. It focuses on addressing the needs and issues of the community by providing grants to tax-exempt charities that demonstrate effectiveness. The foundation's grant program is competitive, and funds are awarded based on community need, organizational capacity, and program effectiveness. In addition to its grant program, The Schenectady Foundation also awards college scholarships to deserving students. In 2022, the foundation served approximately 155,000 individuals in the community.
Official website here: www.schenectadyfoundation.org
Who is the CEO of The Schenectady Foundation?
Robert Carreau is the Executive Director And Sec of The Schenectady Foundation.
Official website here: www.schenectadyfoundation.org
What is the revenue of The Schenectady Foundation?
The Schenectady Foundation's revenue in 2022 was $1,792,002.
Official website here: www.schenectadyfoundation.org
Who are the executives of The Schenectady Foundation and what are their salaries?
- Trustco Bank (Trustee)
- Robert Carreau (Executive Director And Sec)
- Key Bank (Trustee)
- Saratoga National Bank (Trustee)
- Mona Golub (Distribution Committee Mem) [Trustee/Director]
- Alfred Tompkins (Distribution Committee Mem) [Trustee/Director]
- Joseph Tardi (Distribution Committee Mem) [Trustee/Director]
- Kimberly Kilby (Distribution Committee Mem) [Trustee/Director]
- Johan Matthews (Distribution Committee Mem) [Trustee/Director]
- Omayra Padilla Dejesus (Chair) [Trustee/Director]
- Martha Asselin (Vice Chair) [Trustee/Director]
- Herb Schultz (Treasurer)
- Kevin Smith (Assistant Treasurer)
- Michael Ozimek (Assistant Treasurer)
Official website here: www.schenectadyfoundation.org
Where can I find the form 990 for The Schenectady Foundation?
The The Schenectady Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.schenectadyfoundation.org
Learn more at the official website: www.schenectadyfoundation.org
Mission Statement of The Schenectady Foundation
The Schenectady Foundation, a philanthropic trust, is dedicated to enhancing the well-being of residents in its community. Its mission is to bring about sustainable improvement in the health and welfare of people, organizations, and neighborhoods. To achieve this, the foundation invests philanthropic resources in addressing the needs and issues of the community. By doing so, The Schenectady Foundation aims to contribute positively to the lives of individuals, ensuring a better future for all. The foundation's approach is strategic, focusing on community needs, the capacity of organizations, and the effectiveness of their programs. Additionally, The Schenectady Foundation awards college scholarships to deserving students from the community, furthering education and opportunities for the next generation. In total, during 2022, approximately 155,000 individuals in the community benefited from the foundation's efforts.
Impact
This information is meant to be a general summary of The Schenectady Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Schenectady Foundation's impact is centered around achieving sustainable improvement in the health and welfare of people, organizations, and neighborhoods in Schenectady County, NY through the investment of philanthropic resources. The foundation distributes funds to benefit the welfare of individuals who live or work in Schenectady County, supporting tax-exempt charities that effectively address community needs and issues. Additionally, the foundation awards college scholarships to deserving students from the county. In 2022, approximately 155,000 individuals were served in Schenectady County, highlighting the foundation's significant reach and positive influence on the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1962
Phone
(518) 393-9500
Principal Officer
Robert Carreau
Main Address
P O BOX 710, SCHENECTADY, NY, 12301
NTEE Category
Code: T11 - Philanthropy
If you are a representative of The Schenectady Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.