irs program accomplishments · form 990 part iii · fy2025
What they reported doing
- #1 primary $282KSCHOLARSHIPS FOR HIGH SCHOOL AND COLLEGE STUDENTS.
named programs · 2 · from sources
What they call their work
Granville Community Foundation Grant Program
Partners with the Granville Community Foundation advisory board to recommend and fund local nonprofit initiatives in Granville, NY, focusing on health, safety, education, and community development
Scholarships for High School and College Students
Provides donor-directed scholarships to students in the Greater Glens Falls area to support post-secondary education and vocational training
activities · 5 groups
What they do
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Local High School Scholarship Programs 1 activity
- Awards donor-directed scholarships to high school and college students in the regionProvides annual scholarship grants to students from the Greater Glens Falls area, including those pursuing medical school, with awards typically amounting to $4,000 per recipient and distributed directly to students by the end of July. Scholarship funds are restricted to tuition, fees, books, and supplies.
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Capital Infrastructure Funding 1 activity
- Funds grants to nonprofit organizations for capital projects, equipment, start-up costs, and special initiativesProvides financial support to nonprofit organizations in the Greater Glens Falls region for capital projects, equipment purchases, start-up costs, and special projects through a competitive grant process.
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Literacy Program Funding 1 activity
- Provides grant funding to specific local organizations for community servicesDirects grants to key regional organizations including the Regional Food Bank of Northeastern New York, Hudson Headwaters Health Network, Literacy NENY (formerly Literacy Volunteers of Glens Falls), Tri-County United Way, and Warren County Head Start Inc. to support food distribution, health services, literacy, coordinated human services, and early childhood education.
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General Operating Support Grants 1 activity
- Reports grantmaking impact and cumulative funding in Granville, NYHas awarded 35 grants totaling $383,172 to organizations in Granville since 2022, including $48,400 in the first half of 2026 and $72,853 in the second half of 2025. Additional grants include $42,975 in the second half of 2024 and $20,800 in the first half of 2025, contributing to a cumulative total of $261,919 across 22 grants since 2022.
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Uncategorized 1 activity
- Administers quarterly grant review and distribution processManages a structured grantmaking cycle with application deadlines on the 20th of March, June, September, and December, followed by Distribution Committee meetings and grant decisions communicated within ten business days. This process supports both nonprofit organizations and student scholarship applicants in the Greater Glens Falls region.
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financials · form 990 · fy2025
revenue
Total revenue$2.86M
Contributions & grants$1.22M43%
Program service revenue$00%
Investment income$1.63M57%
Other revenue$0
expenses
Total expenses$2.08M
Program expenses91%
Admin / overhead9%
Fundraising0%
Salaries & benefits$0
Grants paid out$1.90M
Largest expense lineProfessional Fees
balance sheet
Total assets$28.18M
Cash$904K
Investments$27.27M
Liabilities$0
Net assets$28.18M
Liquid reserves162.5 mo
6 years on record · 2020–2025 · YoY revenue +153.5%
leadership · form 990 part vii · fy2025
Who runs it
board members · 8
- Arrow Bank Natl Association — Trustee
- Dianne Shugrue — Director
- Donna Perkett — Chair
- Dr Jim Fuchs — Director
- Dr Stacey Mandelbaum — Director
- Elizabeth Barton-Navitsky — Director
- Jessica R Botelho Esq — Director
- Mark Behan — Vice Chair
relationships · 15
Who they work with
- Granville Community Foundation Partner — Advisory board that recommends grants funded and administered by the Glens Falls Foundation in Granville, NY.
- Hudson Headwaters Health Network Partner — Supported through grants for community health services.
- Literacy NENY Partner — Grantee organization focused on adult literacy and education.
- Lower Adirondack Regional Arts Council Partner — Partner organization referenced in grant application guidelines.
- Mayor of Glens Falls Government — Appoints one member to the Foundation's Distribution Committee.
- Pesquera Scholarship Committee Partner — Committee responsible for evaluating scholarship applications and making award decisions.
- Regional Food Bank of Northeastern New York Partner — Funded recipient supporting food security in the region.
- Supreme Court Justice of Saratoga County Government — Appoints one member to the Foundation's Distribution Committee.
- Supreme Court Justice of Warren County Government — Appoints one member to the Foundation's Distribution Committee.
- Supreme Court Justice of Washington County Government — Appoints one member to the Foundation's Distribution Committee.
- Surrogate Court Justice of Saratoga County Government — Appoints one member to the Foundation's Distribution Committee.
- Surrogate Court Justice of Warren County Government — Appoints one member to the Foundation's Distribution Committee.
- Surrogate Court Justice of Washington County Government — Appoints one member to the Foundation's Distribution Committee.
- Tri-County United Way Partner — Collaborates on community-wide human services initiatives.
- Warren County Head Start Inc. Partner — Receives funding to deliver early childhood education programs.
strategies · 3
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.
- Community-Needs-Based Prioritizationmethodology: community-needs-based grantmakingBy directing resources toward areas of greatest observed community need—such as access to healthy food and services for young families—we maximize local impact because funding aligns with evolving, real-time conditions and gaps in well-being.
- Endowed Investment Model for Long-Term Community Benefitmethodology: endowed investment fundBy using an endowed investment fund to generate sustainable revenue, we ensure ongoing support for grants and scholarships because the principal remains intact while producing reliable annual returns for local giving.
- Project-Specific Grantmaking for Sustainable Impactmethodology: project-specific grantmakingBy funding targeted capital, start-up, and special projects rather than general operations, we generate measurable and lasting community benefits because project-based investments create tangible assets and new capabilities that outlast the grant period.