Foundation Results, 2020

Increasing Impact

  • Contributed a quarter million dollars along with staff and trustee time to partner with Adirondack Foundation and their Special and Urgent Needs (SUN) Fund for Covid-related rapid response
  • Created Emergency Sustenance Grants to support nonprofit organizations in danger of failure because of the pandemic
  • Won the Appeals Court case to save the historic St. Gabriel’s Church for Paul Smith’s College
  • Our Grants Advisor assisted 11 not-for-profits in raising $827,879 in new grants, $474,116 of which Cloudsplitter Foundation is directly responsible for
  • Added a Special Projects Coordinator to address infrastructure needs exposed by the pandemic

Financial Results

  • Made 127 gifts and grants to organizations, totaling $1,321,873
  • Started 2020 with $24.9M in assets and ended with $26M
  • 100% of the Foundation’s expenses and distributions were program related
  • Reported $11,264,232 in ten-year grants (2011-2020) with 9.7% average annual investment returns over that period

Note, due to the high volume of grant applications we have received in recent rounds, Cloudsplitter will begin closing the application on the website once we have received our fixed number of applicants. To maximize the possibility that you will be included in consideration, we would advise you get your application in well before the grants deadline.