Financials

Our tax ID or EIN is 16-1587553.

Our New York State Charities registration number is
06-80-93

Our NAICS Code is 813211 Grantmaking Foundations

Guidestar Profile

 

 

2023 Program & Administration Expense Allocations

PROGRAMS & SERVICES = 85% = $671,072

  • Philanthropic Services = 8%
  • Grants and Grant Services = 77%

ADMINISTRATION & DEVELOPMENT = 15% = $118,424

  • Development = 6%
  • Administration = 9%

Spending Policy and Fees

2025 Spending Policy is 4% for endowed funds

2025 Philanthropic Services Assessment:

  • 2.00% on balances under $50,000
  • 1.50% on balances of $50,000 and above

Investment Fee:

  • 0.42% (minimum annual fee until total assets  reach $12 million fee reduces to .25%) for Vanguard general portfolio
  • 0.35% for Brown Advisory ESG (aka SRI) portfolio
quote George Ferrari, CEO, Community Foundation

Community philanthropy is first and foremost about people not transactions... We offer a different vision of philanthropy embedded in the context of collaborative achievement, uplifting capacity, and fierce self-determination. We think of philanthropy as an expression of hope.