- The Foundation’s investments earned $1,234,438 in 2016, a net investment return of 5.52%.
- Grants made totaled $1,188,721 or 5.32% of starting assets.
- Administrative expenses were 0.15% of assets.
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.