Annual Reports

Since 1939, thanks to generous charitable contributions, the community-based Glens Falls Foundation has provided approximately $8 million to support local programs, projects and institutions that improve the quality of life for the people of the Greater Glens Falls area.


FINANCIAL SUMMARY AT DECEMBER 31, 2017

Endowment Value……………………….…….$19,215,665

Contributions Received………...……….………..$123,957

Grant Distributions………………….…………....$307,500

Scholarship Distributions………….……………..$130,033

Administrative Expenses……….…………………..$46,524

Investment Management Fees…...…..…..………..$62,953

Grant Recipients: 27

Scholarship Recipients: 71
 

FINANCIAL SUMMARY AT DECEMBER 31, 2016

Endowment Value……………………….…….$15,623,630

Contributions Received………...………….………..$77,890

Grant Distributions………………….…………....$312,922

Scholarship Distributions………….……………..$130,625

Administrative Expenses……….…………………..$43,646

Investment Management Fees…...…..…..………..$51,435

Grant Recipients: 20

Scholarship Recipients: 65
 

FINANCIAL SUMMARY AT DECEMBER 31, 2015

Endowment Value……………………….…….$15,935,100

Contributions Received………...………….………..$68,736

Grant Distributions………………….…………....$299,285

Scholarship Distributions………….……………..$112,670

Administrative Expenses……….…………………..$42,992

Investment Management Fees…...…..…..………..$55,171

Grant Recipients: 22

Scholarship Recipients: 68
 

FINANCIAL SUMMARY AT DECEMBER 31, 2014

Endowment Value……………………….…….$15,753,598

Contributions Received………...………….………..$361,199

Grant Distributions………………….…………....$286,677

Scholarship Distributions………….……………..$147,023

Administrative Expenses……….…………………..$39,267

Investment Management Fees…...…..…..………..$54,776

Grant Recipients: 28

Scholarship Recipients: 71
 

Financial Summary at December 31, 2013

Endowment Value……………………….…….$15,140,899

Contributions Received………...………….………..$29,832

Grant Distributions………………….…………....$283,448

Scholarship Distributions………….……………..$147,225

Administrative Expenses……….…………………..$41,970

Investment Management Fees…...…..…..………..$50,687

Grant Recipients: 25

Scholarship Recipients80


How You Can Help:

Please consider a gift or bequest to the Glens Falls Foundation so that the local events and organizations you hold dear will have financial support in years to come. For information on how you can help, please contact Business Administrator D. Michael Niles at (518) 926-8372.