Form 990 for tax year 2022

Totals

Total revenue

$1,104,395

Total expenses

$938,530

Contributions and grants received

$1,102,093

Grants paid

$226,666

Program service revenue

$0

Investment income

$2,302

Other revenue

$0

Total assets, end of year

$666,789

Total liabilities, end of year

$18,631

Net assets or fund balances, end of year

$648,158

Program services expenses (Part IX)

$689,690

Management and general expenses

$164,246

Fundraising expenses

$84,594

Program service expenses (Part III)

$689,690

Program services were 73.5% 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.

Mission and programs · 2022

• GRANTS AND SCHOLARSHIPS MADE:THE SCHENECTADY FOUNDATION, INC. PROVIDES ADMINISTRATIVE AND OPERATING SUPPORT TO THE GRANTS AND SCHOLARSHIP PROGRAMS OF THE SCHENECTADY FOUNDATION, INCLUDING THE CREATION OF GRANT APPLICATIONS AND PROCESSES, PROVIDING TECHNICAL ASSISTANCE TO GRANT APPLICATIONS AND GRANTEES, REVIEWING AND EVALUATING APPLICATIONS, ENSURING DUE DILIGENCE AND FOLLOW-UP THROUGH GRANT REPORTING, TRACKING AND MANAGING GRANT CONDITIONS AND PAYMENTS.

  Expenses $115,817

• STRATEGIC INITIATIVES:THE SCHENECTADY FOUNDATION'S COMMUNITY PRIORITIES AND STRATEGIC INITIATIVES ARE CARRIED OUT THROUGH THE WORK OF THE SCHENECTADY FOUNDATION, INC. NEW PRIORITIES ARE ADOPTED FROM TIME TO TIME BY THE FOUNDATION. IN 2022 THE FOUNDATION'S INITIATIVES INCLUDED: 1) FOOD SECURITY: WEEKEND BACKPACK PROGRAM ENSURES THAT MORE THAN 800 FOOD INSECURE CHILDREN IN ELEMENTARY SCHOOLS THROUGHOUT SCHENECTADY COUNTY RECEIVE A WEEKEND SUPPLY OF FOOD EACH FRIDAY. WEEKEND BACKPACK PARTNERS INCLUDE CITY MISSION OF SCHENECTADY, REGIONAL FOOD BANK OF NORTHEASTERN NEW YORK, MVP HEALTH CARE, SEFCU AND SCHOOL DISTRICTS THROUGHOUT SCHENECTADY COUNTY. DURING 2022, THERE WERE 975 STUDENTS SERVED).NEIGHBORHOODS: TWO MORE PROJECTS FROM ROUND 2 (ROUND 2 INITIATED IN 2019) OF THE THRIVING NEIGHBORHOOD CHALLENGE WERE COMPLETED IN 2022. A THIRD ROUND OF THE THRIVING NEIGHBORHOOD CHALLENGE FOR COMMUNITY GROUP-LED NEIGHBORHOOD PROJECTS WAS ESTABLISHED IN 2022. COMMUNITY PROJECTS WERE SELECTED AND $261,800 IN FUNDING WAS COMMITTED. PROJECTS INVOLVED CLOSE TO 100 CITIZENS AND THE PROJECTS SERVE CITY RESIDENTS (65,000). $16,384 WAS EXPENSED IN 2022 FOR ROUND 2 PROJECTS; NO FUNDING WAS EXPENSED YET FOR ROUND 3 PROJECTS.PANDEMIC RESPONSE AND RECOVERY: THE INITIATIVE CALLED "ONE SCHENECTADY" (FORMED IN 2020) CONTINUED TO ASSIST COMMUNITY MEMBERS AS COVID WAVES LASTED THROUGH 2022. ASSISTANCE WAS PROVIDED IN HELPING PEOPLE FIND EMPLOYMENT, CONTINUING TO HELP PAY FOR CHILDCARE, AND RENT AND UTILITIES FOR NEED COMMUNITY MEMBERS. THE SUPPORT USED $10,000 IN FUNDING. THE PROCESS INVOLVED 25 VOLUNTEERS AND SERVED APPROXIMATELY 150 RESIDENTS.SYSTEMS CHANGE: THE FOUNDATION INITIATED A NEW PROJECT - THE ONE SCHENECTADY SYSTEMS CHANGE. A CONTRACT WITH COMMUNITY SCIENCE WAS SIGNED IN 2021 TO PURSUE THE COMPLEX UNDERSTANDING OF SYSTEMS CHANGE AND HOW TO DEVELOP A STRATEGIC APPROACH TO IMPROVE OUR ORGANIZATIONS, BUSINESSES, AND COMMUNITIES BY CHANGING THE SYSTEMS THAT HAVE MAINTAINED CURRENT INEQUITIES IN SOCIETY. THIS WILL SERVE THE ENTIRE COUNTY OF 150,000 RESIDENTS.FOOD SECURITY: THE FOOD SECURITY EMPHASIS WAS EXPANDED IN 2021 BY THE CREATION OF A SCHENECTADY FOOD SECURITY COUNCIL. PARTNERS ON THE STEERING COMMITTEE FOR THIS GROUP INCLUDE THE SCHENECTADY CITY SCHOOL DISTRICT, SCHENECTADY COUNTY PUBLIC HEALTH, UNITED WAY, THE FOOD PANTRIES FOR THE CAPITAL DISTRICT, SCHENECTADY GREENMARKET, ELECTRIC CITY CO-OP, MESSIAH LUTHERAN CHURCH, SCHENECTADY STREET SOLDIERS, AND SCHENECTADY URBAN FARMS. CONTINUED ORGANIZATION THROUGH 2022 - NO EXPENSES IN 2022 - 30 VOLUNTEERS ON FOOD COUNCIL.

  Expenses $573,873 · Grants $226,666

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• SCHENECTADY COMMUNITY ACTION PROGRAM

  $0

  COVID RESPONSE - HOUSING ASSISTANCE

• SEAT CENTER

  $0

  NEIGHBORHOOD CHALLENGE PROJECTS - JAYLEN'S PARK

• CAPITAL REGION LAND BANK

  $0

  NEIGHBORHOOD CHALLENGE PROJECTS - WALLINGFORD PARK, AND ENGINE HILL PROJECT

• HABITAT FOR HUMANITY OF SCHENECTADY COUNTY

  $0

  NEIGHBORHOOD CHALLENGE PROJECTS - BELLVUE BALL FIELD

• REGIONAL FOOD BANK OF NENY

  $0

  PRODUCT FOR MAZZONE FOOD BOX DELIVERY; WEEKEND BACKPACK PROGRAM

• CITY MISSION OF SCHENECTADY

  $0

  SCHENECTADY PATRIOT BASEBALL

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.

• THE SCHENECTADY FOUNDATION

  501(C)(3) · PROVIDING SUPPORT TO SCHENECTADY COUNTY · NY

Provenance

Return type

form_990

Tax year

2022

Filed

21 September 2023

IRS schema version

2022v5.0

Source object

202342649349300349

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