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ALLEGANY COUNTY AREA FOUNDATION

Belmont, NY · EIN 222506596 · Form 990 · FY2024 · NTEE B82Z · Education · Small ($100K-$1M) · alleganycountyareafoundation.org
revenue
$836K
expenses
$659K
net assets
$16.4M
employees
3
volunteers
25
program ratio
97%
mission · from form 990

The Foundation awards scholarships to individuals and grants to community organizations. It also helps organizations secure their futures by managing endowment funds and ensures that individualsb

profile · synthesized from sources

Allegany County Area Foundation provides scholarships to students and grants to community organizations in Allegany County, New York. It manages endowment funds for donors and supports local educational, health, and community service initiatives. Founded in 1983, the foundation focuses on expanding access to higher education and strengthening local nonprofits through philanthropic funding.

named programs · 7 · from sources

What they call their work

Allegany County Deputy Sheriff’s Scholarship
Supports high school seniors planning careers in criminal justice or law enforcement with a minimum 3.0 GPA at end of fall semester
Allegany Fund
Provides grants to local nonprofits for community projects, such as public art installations and food pantry support
General Scholarship
Awarded to students from Allegany County high schools based on need and merit, requiring at least a 2.5 GPA; open to undergraduate and graduate students
Karen A. Kunz Memorial Scholarship
Supports a student pursuing an associate degree in accounting with financial need; renewable for a second year
Kendall Environmental Fund
Supports environmental education and projects, including student-led trail shelter construction through partnerships with schools
Marion W. Green Commitment to Community Scholarship
Supports students in the Scio Central School District with financial need who are pursuing a degree or certification within two years and show commitment to community service
Overcoming Challenges Scholarship
Provides $500 annually to an Allegany County high school senior who has overcome mental health, physical, or life challenges, maintains a 2.5 GPA, and plans to attend college
activities · 4 groups

What they do

  • Flexible Grants to Grassroots Organizations 1 activity
    • Funding local nonprofit organizations and community projects
      Provides grant funding to local nonprofits and community groups for educational initiatives, food security, youth programs, public safety, environmental improvements, public art, and medical debt relief. Supports over a dozen organizations annually, including food pantries, libraries, historical societies, and youth development programs, with specific grants such as $2,500 for a mural and $14,210 for greenway infrastructure.
  • Local High School Scholarship Programs 1 activity
    • Funding scholarships for post-secondary education
      Awards grants to support higher education and career training for over 200 students annually from Allegany County, including those attending Alfred State, SUNY schools, St. Bonaventure University, and other institutions. Offers more than 50 distinct scholarship programs with a centralized application process, supporting students in fields such as nursing, teaching, vocational trades, and heavy equipment operation.
  • Endowment and Gift Fund Management 1 activity
    • Managing endowment and financial operations for long-term sustainability
      Manages endowment funds using a rolling 20-quarter average of total assets to determine annual spending, allocating approximately 5% annually—4% to scholarships and grants, and 1% to foundation operations—to ensure financial consistency and long-term stability for community support.
  • Food Distribution and Hunger Relief 1 activity
    • Operating direct-service food and hygiene distribution program
      Directly manages the Angelica Community Angels program, which provides food and hygiene supplies to individuals in need within the community.
financials · form 990 · fy2024
revenue
Total revenue$836K
Contributions & grants$473K57%
Program service revenue$00%
Investment income$362K43%
Other revenue$0
expenses
Total expenses$659K
Program expenses97%
Admin / overhead3%
Fundraising0%
Salaries & benefits$69K
Grants paid out$555K
Largest expense lineCompensation
balance sheet
Total assets$16.43M
Cash$605K
Investments$15.82M
Liabilities$0
Net assets$16.43M
Liquid reserves299.3 mo
5 years on record · 2020–2024 · YoY revenue +1.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Bruce Campbell Executive Director 35 $35K
board members · 13
  • Brooke Harris — Director
  • Carolyn Miller — Vice President
  • Carrie Flanagan-Watson — Director
  • Dawn Wildrick-Cole — Director
  • Jasmine Shephard — Director
  • John Flurschutz — Director
  • Jon Morris — President
  • Julie Hall — Director
  • Karen Williams — Director
  • Kate Elliott — Director
  • Leslie Haggstrom — Director
  • Lois Whitney — Director
  • Rodney Bennett — Director
relationships · 29

Who they work with

  • Alfred 21st Century Group Partner — Receives ACAF grant funding to implement a public art mural in downtown Alfred.
  • Alfred State Partner — Sends scholarship recipients to pursue degrees at Alfred State.
  • Angelica Community Angels Partner — Leslie Haggstrom manages Angelica Community Angels, a community group providing food and hygiene supplies.
  • Battling Mind Striders Partner — Collaborates with ACAF to establish the Overcoming Challenges Scholarship for resilient local students.
  • Bruce Campbell Government — Executive Director of Allegany County Area Foundation, primary contact for grant-related inquiries.
  • Carnahan-Jackson Foundation Funder — Provided a start-up grant to cover organizational and early operation expenses.
  • Chautauqua Region Community Foundation Partner — Provided guidance and encouragement during the founding of ACAF.
  • Crossroads Center Partner — Hosts board and grant committee meetings for the foundation.
  • Cuba Council of Churches Partner — Partner organization for which the foundation manages a dedicated fund to support the food pantry.
  • Daemen University Partner — Sends scholarship recipients to pursue degrees at Daemen University.
  • Dollars for Scholars Network — ACAF is an affiliate of Dollars for Scholars, supporting scholarship distribution.
  • Dollars for Scholars Network — Participates in the Dollars for Scholars network to administer local scholarships.
  • ESF Wanakena Partner — Sends scholarship recipients to pursue degrees at ESF Wanakena.
  • Elmira College Partner — Has agreed to provide partial matching grants for ACAF/Dollars for Scholars awards.
  • Forty and Eight Honor Society Partner — Organization of Allegany County veterans that established a scholarship fund administered by the foundation.
  • Friends of the Genesee Valley Greenway Partner — Receives grant funding from ACAF’s Leadership & Innovation Fund to support the Cuba Greenway Extension Project.
  • Genesee Community College Partner — Sends scholarship recipients to pursue degrees at Genesee Community College.
  • Houghton College Partner — Has agreed to provide partial matching grants for ACAF/Dollars for Scholars awards.
  • Paul Ronan Partner — Featured alumnus in the Scholarship Alumni Spotlight Series.
  • Ralph C. Wilson, Jr. Foundation Partner — Provides external grant funding for select roles and initiatives at ACAF.
  • Roberts Wesleyan University Partner — Has agreed to provide partial matching grants for ACAF/Dollars for Scholars awards.
  • SUNY Canton Partner — Sends scholarship recipients to pursue degrees at SUNY Canton.
  • SUNY Cortland Partner — Sends scholarship recipients to pursue degrees at SUNY Cortland.
  • Scholarship America Network — Partners with Scholarship America to administer the Dollars for Scholars program.
  • St. Bonaventure University Partner — Has agreed to provide partial matching grants for ACAF/Dollars for Scholars awards.
  • The Battling Mind Striders Partner — Partner organization that established the Overcoming Challenges Scholarship with the foundation
  • Undue Partner — Collaborates with ACAF to abolish over $1.4 million in medical debt for Allegany County families.
  • United Methodist Church Partner — Leslie Haggstrom is involved with the United Methodist Church and collaborates through it in community support efforts.
  • Wellsville Central School Partner — Collaborates with the foundation in selecting recipients for the Mary Lou Canessa Memorial Scholarship
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.

  • Community Foundation Model with Flexible Endowment Grantmaking
    methodology: community-foundation-model
    By pooling donor resources and managing unrestricted endowments, the foundation enables responsive, long-term grantmaking that adapts to emerging community needs because flexible funding structures increase impact and resilience in changing conditions.
  • Equitable and Inclusive Scholarship Design
    methodology: equitable_scholarship_design
    By using blind review processes, prioritizing resilience and financial need, and ensuring aid complementarity, the foundation increases fairness and accessibility in scholarship awards because these practices reduce bias, support students with barriers, and preserve total financial aid packages.