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Nonprofiteer
← ADIRONDACK COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by ADIRONDACK COMMUNITY FOUNDATION INC.

Totals

Total revenue
$21,594,091
Total expenses
$12,846,663
Contributions and grants received
$15,410,922
Grants paid
$9,167,394
Program service revenue
$1,622,639
Investment income
$4,560,530
Other revenue
$0
Total assets, end of year
$117,799,803
Total liabilities, end of year
$29,312,698
Net assets or fund balances, end of year
$88,487,105
Program services expenses (Part IX)
$11,745,088
Management and general expenses
$598,589
Fundraising expenses
$502,986
Program service expenses (Part III)
$11,745,088

Program services were 91.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $15,410,922

  • 1g · Noncash contributions included above

    $9,240,767

  • 2a · Program service revenue: MANAGEMENT FEES

    total $1,614,087 · related or exempt $1,614,087

  • 2b · Program service revenue: SEMINAR FEES

    total $8,552 · related or exempt $8,552

  • 3 · Investment income

    total $3,454,822 · excluded $3,454,822

  • 7a · Gross sales of assets other than inventory

    securities $6,877,096

  • 7b · Less cost or other basis and sales expenses

    securities $5,771,348 · other assets $40

  • 7c · Gain or loss

    securities $1,105,748 · other assets -$40

  • 7d · Net gain or loss

    total $1,105,708 · excluded $1,105,708

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,092,894 · program services $9,092,894

  • 2 · Grants to domestic individuals

    total $74,500 · program services $74,500

  • 5 · Compensation of officers, directors and key employees

    total $307,327 · program services $80,658 · management and general $164,666 · fundraising $62,003

  • 7 · Other salaries and wages

    total $895,857 · program services $481,780 · management and general $163,452 · fundraising $250,625

  • 8 · Pension plan contributions

    total $25,446 · program services $13,714 · management and general $4,608 · fundraising $7,124

  • 9 · Other employee benefits

    total $71,927 · program services $33,807 · management and general $19,446 · fundraising $18,674

  • 10 · Payroll taxes

    total $88,612 · program services $41,559 · management and general $23,995 · fundraising $23,058

  • 11a · Fees: management

    total $1,462,690 · program services $1,462,690

  • 11b · Fees: legal

    total $1,039 · management and general $1,039

  • 11c · Fees: accounting

    total $27,750 · management and general $27,750

  • 11d · Fees: lobbying

    total $5,884 · management and general $5,884

  • 11f · Fees: investment management

    total $97,922 · management and general $97,922

  • 11g · Fees: other

    total $98,981 · program services $65,935 · management and general $11,376 · fundraising $21,670

  • 12 · Advertising and promotion

    total $65,645 · program services $41,615 · management and general $11,343 · fundraising $12,687

  • 13 · Office expenses

    total $61,334 · program services $40,640 · management and general $5,158 · fundraising $15,536

  • 14 · Information technology

    total $116,121 · program services $70,120 · management and general $26,573 · fundraising $19,428

  • 16 · Occupancy

    total $9,715 · program services $4,658 · management and general $2,529 · fundraising $2,528

  • 19 · Conferences, conventions and meetings

    total $74,984 · program services $13,204 · management and general $20,610 · fundraising $41,170

  • 22 · Depreciation, depletion and amortization

    total $10,612 · program services $5,088 · management and general $2,762 · fundraising $2,762

  • 23 · Insurance

    total $6,532 · program services $3,132 · management and general $1,700 · fundraising $1,700

  • 24a · Other expenses: PROGRAM DEVELOPMENT

    total $188,995 · program services $188,995

  • 24b · Other expenses: MISCELLANEOUS

    total $27,827 · program services $18,138 · fundraising $9,689

  • 24c · Other expenses: DUES AND FEES

    total $18,309 · program services $7,930 · management and general $5,956 · fundraising $4,423

  • 24d · Other expenses: BANK FEES

    total $9,558 · management and general $1,200 · fundraising $8,358

  • 24e · All other expenses

    total $6,202 · program services $4,031 · management and general $620 · fundraising $1,551

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $702,175 · end of year $71,494

  • 2 · Savings and temporary cash investments

    beginning of year $1,976,129 · end of year $3,050,994

  • 3 · Pledges and grants receivable

    beginning of year $1,300,211 · end of year $816,355

  • 4 · Accounts receivable

    beginning of year $9,067 · end of year $3,138

  • 7 · Other notes and loans receivable

    beginning of year $835,701 · end of year $771,625

  • 9 · Prepaid expenses and deferred charges

    beginning of year $35,528 · end of year $34,931

  • 10a · Land, buildings and equipment: cost or other basis

    $331,241

  • 10b · Land, buildings and equipment: accumulated depreciation

    $96,296

  • 10c · Land, buildings and equipment, net

    beginning of year $245,597 · end of year $234,945

  • 11 · Investments: publicly traded securities

    beginning of year $96,350,994 · end of year $112,646,405

  • 12 · Investments: other securities

    beginning of year $311,292 · end of year $169,916

  • 17 · Accounts payable and accrued expenses

    beginning of year $32,995 · end of year $57,423

  • 25 · Other liabilities

    beginning of year $27,014,202 · end of year $29,255,275

  • 27 · Net assets without donor restrictions

    beginning of year $73,219,173 · end of year $87,463,251

  • 28 · Net assets with donor restrictions

    beginning of year $1,500,324 · end of year $1,023,854

Mission and programs · 2024

Mission

ADIRONDACK FOUNDATION (THE "FOUNDATION") IS A COMMUNITY FOUNDATION AND A TAX-EXEMPT, NOT-FOR-PROFIT, AUTONOMOUS, PUBLICLY SUPPORTED, PHILANTHROPIC INSTITUTION FORMED FOR THE FOLLOWING PURPOSES:1. TO SERVE AS A PERMANENT COLLECTION OF ENDOWED AND OTHER FUNDS BENEFITING ADIRONDACK COMMUNITIES, THEIR INSTITUTIONS AND RESIDENTS, INCLUDING BUT NOT LIMITED TO SUPPORT FOR ARTS AND HUMANITIES, COMMUNITY AND ECONOMIC DEVELOPMENT, EDUCATION, ENVIRONMENT, HEALTH, HISTORIC PRESERVATION, LIBRARIES, RECREATION, SOCIAL SERVICES AND YOUTH PROGRAMS THROUGH GRANT MAKING AND OTHER PROGRAMS.2. TO DO ANY OTHER LAWFUL ACT INCIDENTAL OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF THAT IS CONSISTENT WITH THE FOUNDATION'S CERTIFICATE OF INCORPORATION AND APPROVED BY THE FOUNDATION'S BOARD OF TRUSTEES.

Activities or mission (Part I)

CONNECTING PEOPLE, IDEAS, AND RESOURCES TO IMPROVE LIVES AND EXPAND OPPORTUNITIES ACROSS THE ADIRONDACK REGION.

  • ADIRONDACK COMMUNITY FOUNDATION PLAYS A UNIQUE ROLE IN THE REGION. 1) IT CONNECTS PEOPLE, IDEAS, AND RESOURCES TO IMPROVE LIVES AND EXPAND OPPORTUNITIES. 2) STEWARDS CHARITABLE ASSETS AND DONATIONS FROM GENEROUS DONORS AND ORGANIZATIONS WHO CARE ABOUT THE AREA AND WANT TO MAKE A DIFFERENCE. 3) MAKES GRANTS TO NONPROFITS, SCHOOLS, ORGANIZATIONS AND MUNICIPALITIES. 4) IS COMMITTED TO BEING SINCERE COLLABORATORS AND AMBASSADORS FOR THE PEOPLE OF THE ADIRONDACKS; ACCOUNTABLE TO COMMUNITIES, DONORS, PARTNERS, AND EACH OTHER; AND CATALYSTS FOR POSITIVE CHANGE. THE FOUNDATION STEWARDS MORE THAN 300 CHARITABLE FUNDS; AND MAKES GRANTS IN THE AREAS OF BASIC NEEDS, EDUCATIONAL PATHWAYS, ECONOMIC VITALITY, ENVIRONMENTS, ARTS, AND CULTURE.

    Expenses $11,745,088 · Grants $9,167,394 · Revenue $1,622,639

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bill Creighton

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • David Sand

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Jamie Baxter

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Adam Boudreau

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Barry Needleman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bill Powers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Craig Weatherup

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Craig Leggett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • David Brunner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Deb Cleary

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Etienne Boillot

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jim Allison

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • James Ireland III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joan Grabe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Julia Race

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Colson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Lawson Prince Allen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lea Paine Highet

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Margot Ernst

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nancy Wolcott

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Reginald Gignoux

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • W Scott McGraw

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Zak Dake

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cali Brooks

    PRESIDENT & CEO

    Total calculated
    $180,726
    From this org
    $174,190
    From related orgs
    $0
    Other
    $6,536
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $170,000
    Bonus
    $0
    Other
    $4,190
    Deferred
    $5,226
    Nontaxable benefits
    $1,310
    Filer's total
    $180,726

  • Stephanie Pianka

    CFO

    Total calculated
    $42,761
    From this org
    $41,667
    From related orgs
    $0
    Other
    $1,094
    Hours/week
    39

  • Matt Donahue

    VP PHILANTHROPY

    Total calculated
    $131,602
    From this org
    $119,607
    From related orgs
    $0
    Other
    $11,995
    Hours/week
    40

  • Brandy Hobson

    INTERIM CFO

    Total calculated
    $124,115
    From this org
    $120,500
    From related orgs
    $0
    Other
    $3,615
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,000
    Bonus
    $0
    Other
    $5,500
    Deferred
    $3,615
    Nontaxable benefits
    $0
    Filer's total
    $124,115

  • Lori Bellingham

    VP COMMUNITY IMPACT

    Total calculated
    $118,198
    From this org
    $106,600
    From related orgs
    $0
    Other
    $11,598
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $106,600
    Bonus
    $0
    Other
    $0
    Deferred
    $3,198
    Nontaxable benefits
    $8,400
    Filer's total
    $118,198

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
16 October 2025
IRS schema version
2024v5.2
Source object
202543009349300034

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.