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WRIGHT FAMILY FOUNDATION INC
Schenectady, NY · EIN 141798255 · Form 990PF · FY2024 · NTEE T22Z · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$3.2M
expenses
$182K
net assets
$18.2M
employees
—
profile · synthesized from sources

Private foundation based in New York that provides grants to nonprofit organizations primarily in the Capital Region. Focuses on supporting capital improvements, education, youth development, and social services. Funded grants in 2024 included support for preschool expansion, music education, disability services, and youth employment programs.

named programs · 3 · from sources

What they call their work

Capital Improvements Grant Program
Supports infrastructure upgrades at healthcare and community service organizations such as Glens Falls Hospital and Ellis Hospital Foundation
Community Support Grants
Provides funding to organizations serving people with disabilities, low-income families, and at-risk youth, including Center for Disability Services Inc and Rise High Inc
Youth Education and Development Grants
Funds preschool expansion, music education, youth employment, and leadership programs at organizations including Schenectady Day Nursery and Big Brothers Big Sisters of the Cap
activities · 4 groups

What they do

  • Capital Infrastructure Funding 4 activities
    • Funding capital improvements at healthcare facilities
      Funds capital improvement projects at hospitals and healthcare-related foundations, including Glens Falls Hospital and Ellis Hospital Foundation, with grants ranging from $34,000 to $300,000.
    • Funding community arts and cultural infrastructure
      Finances community-based arts facilities and programming, including a $79,500 grant for the Electric City Barn & Artistry Studios at Albany Barn Inc and a $50,000 grant to support music education at Empire State Youth Orchestra.
    • Funding programs supporting individuals with disabilities
      Provides financial support for services and infrastructure benefiting people with disabilities, including a $50,000 grant to Center for Disability Services Inc for facility improvements.
    • Funding recreational and camp facilities for youth
      Supports the development of youth recreational infrastructure, including a $97,000 grant for the Camp Lovejoy swimming pool at the Boys & Girls Club of Schenectady.
  • Literacy Program Funding 2 activities
    • Funding early childhood education expansion
      Supports preschool expansion initiatives, including a $150,000 grant to Schenectady Day Nursery to increase access to early learning programs.
    • Funding literacy and reading promotion programs
      Awards grants to organizations promoting literacy, including a $30,000 grant to support the RIF (Reading Is Fun) program at Reading Is Fun.
  • Flexible Grants to Grassroots Organizations 2 activities
    • Funding safety and support services for youth
      Finances programs that provide safety and supportive services to youth, including a $149,420 grant to sustain the Rise High program at Rise High Inc.
    • Funding youth development and leadership programs
      Provides grants to support youth leadership and personal development initiatives, including a $50,000 grant to expand the high school leadership program at Big Brothers Big Sisters of the Cap and funding for youth pre-employment and exploration programs at 518 Elevated.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding higher education scholarships
      Provides annual funding for college scholarships, including a $24,019 grant to Union College to support student financial aid.
financials · form 990PF · fy2024
revenue
Total revenue$3.21M
Contributions & grants$00%
Program service revenue——
Investment income$421K13%
Other revenue$651K
expenses
Total expenses$182K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$63K
Grants paid out$1.19M
balance sheet
Total assets$23.69M
Cash—
Investments—
Liabilities—
Net assets$18.21M
5 years on record · 2020–2024 · YoY revenue -34.3%
relationships · 12

Who they work with

  • 518 Elevated Partner — Funded for youth pre-employment and exploration exposure
  • Albany Barn Inc Partner — Funded for Electric City Barn & Artistry Studios
  • Big Brothers Big Sisters of the Cap Partner — Funded for high school leadership program expansion
  • Boys Girls Club of Schenectady Partner — Funded for Camp Lovejoy Swimming Pool
  • Center for Disability Services Inc Partner — Funded for infrastructure improvements
  • Ellis Hospital Foundation Partner — Funded for capital improvements
  • Empire State Youth Orchestra Partner — Funded for music education
  • Glens Falls Hospital Partner — Funded for capital improvements
  • Reading Is Fun Partner — Funded for RIF Program
  • Rise High Inc Partner — Funded for Rise High Program Safety and Support
  • Schenectady Day Nursery Partner — Funded for preschool expansion project
  • Union College Partner — Funded for annual scholarships