Due to market weakness the Foundation portfolio contracted 12.9% in 2015 and dispensed $909,159 in grants and direct contributions to 501c3 organizations.
Given the unknowns of the current funding environment, we wanted to be clear with our grant applicants that we may be less likely to fund capital projects, events, projects far outside the Adirondack park, and very large grant requests. If you feel something in those categories deserves our attention, please contact us to discuss further.