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ADIRONDACK MEDICAL CENTER FOUNDATION

SARANAC LAKE, NY · EIN 161528554 · Form 990 · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$4.2M
expenses
$1.1M
net assets
$29.2M
employees
4
volunteers
24
program ratio
59%
mission · from form 990

TO SUPPORT AND ASSIST ADIRONDACK MEDICAL CENTER, AN EXEMPT HEALTHCARE ORGANIZATION.

profile · synthesized from sources

Philanthropic foundation dedicated to supporting Adirondack Medical Center in Saranac Lake, NY. Provides funding for mini-grants that enhance patient care, safety, and the healing environment across medical center departments. Also supports nursing and radiologic technology education through scholarships and funds community health outreach initiatives.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $80K
    FUNDING TO VARIOUS ADIRONDACK MEDICAL CENTER DEPARTMENTS FOR MINI-GRANTS OF UP TO $5,000 FOR PROJECTS WHICH ENHANCE PATIENT CARE OR PATIENT SAFETY.
  2. #2 $494K
    RESTRICTED GIFTS PAYOUT - DONOR RESTRICTED GIFTS TO ADIRONDACK MEDICAL CENTER DEPARTMENTS ARE USED BY THE DEPARTMENT TO ENHANCE PATIENT CARE.
named programs · 5 · from sources

What they call their work

Community Health Outreach
Produces and distributes a health magazine twice yearly to promote community health education
Healing Environment Grants
Funds department-level projects that improve the patient or resident experience and support a healing environment
Mini-Grants for Patient Care
Provides funding of up to $5,000 to Adirondack Medical Center departments for projects that enhance patient care or safety
Nursing and Radiologic Technology Scholarships
Offers scholarships to traditional and non-traditional students pursuing degrees in nursing and radiologic technology
Restricted Gifts Payout
Distributes donor-restricted gifts to medical center departments for use in enhancing patient care
activities · 3 groups

What they do

  • Hospital and Medical Center Support 2 activities
    • Distributing donor-restricted gifts for patient care
      Distributes donor-restricted funds to departments at Adirondack Medical Center to support initiatives that enhance patient care, ensuring philanthropic contributions are directed according to donor intent.
    • Funding mini-grants for patient care and safety improvements
      Funds mini-grants of up to $5,000 to departments at Adirondack Medical Center for projects that enhance patient care, patient safety, and the healing environment. These grants are awarded to support operational improvements within the medical center.
  • Healthcare Education Scholarships and Fellowships 1 activity
    • Awarding scholarships for healthcare education
      Provides scholarships totaling $7,000 to traditional and non-traditional students pursuing degrees in registered nursing and radiologic technology programs, supporting workforce development in key healthcare fields.
  • Public Awareness and Educational Outreach 1 activity
    • Publishing community health outreach magazine
      Produces and publishes a health magazine twice per year as part of its community health outreach efforts, providing health education content to the public.
financials · form 990 · fy2024
revenue
Total revenue$4.22M
Contributions & grants$2.63M62%
Program service revenue$00%
Investment income$1.60M38%
Other revenue$0
expenses
Total expenses$1.11M
Program expenses59%
Admin / overhead15%
Fundraising26%
Salaries & benefits$383K
Grants paid out$577K
Largest expense lineCompensation
balance sheet
Total assets$29.25M
Cash$259K
Investments$19.82M
Liabilities$38K
Net assets$29.21M
Liquid reserves216.9 mo
3 years on record · 2020–2024 · YoY revenue +22.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
EVE BURNS DO TRUSTEE 1 $436K
AARON KRAMER EX-OFFICIO 1 $407K
HANNAH HANFORD EXECUTIVE DIRECTOR 40 $171K
board members · 21
  • DANIEL F KELLEHER — CHAIR
  • EDWARD BICKFORD — TRUSTEE
  • EDWARD UGHETTA — TRUSTEE
  • ERIN PERKINS — SECRETARY
  • HEATHER BUMSTED — VICE CHAIR
  • HEIDI HOLDERIED — TRUSTEE
  • HOLLY WOLFF — TRUSTEE
  • JOHN HUWILER — TRUSTEE
  • JOSEPH BECK — TRUSTEE
  • KELLY LARKIN MD — TRUSTEE
  • MAGGIE HO DO — TRUSTEE
  • MATTHEW D NORFOLK ESQ — TRUSTEE
  • MATTHEW S LEVITTIES — TRUSTEE
  • NICK POLITI — TRUSTEE
  • NINA MERRILL — TRUSTEE
  • NOELLE SHORT — TRUSTEE
  • PAULA RYAN — TRUSTEE
  • PETER VAN ETTEN — TRUSTEE
  • ROBERT J BEIER — TREASURER
  • THOMAS GREEN MD — TRUSTEE
  • TIMOTHY REILLY — EX-OFFICIO, AH BOARD CHAIR
relationships · 1

Who they work with

  • Adirondack Medical Center Partner — Provides funding to departments within Adirondack Medical Center for patient care, safety, and experience improvements.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Healing Environment Enhancement Through Targeted Grants
    methodology: healing_environment_grants
    By funding department-level environmental improvements, the foundation improves patient experience and supports recovery, because physical and emotional comfort are integral to the healing process.
  • Mini-Grant Funding for Clinical Innovation
    methodology: clinical_innovation_grants
    By providing small grants to clinical departments, the foundation enables frontline staff to implement innovative patient care improvements, leading to enhanced safety and care quality because those closest to patient needs are best positioned to identify and test solutions.