Financial Reports

Since 1939, thanks to generous charitable contributions, the community-based Glens Falls Foundation has provided over $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, 2023

Endowment Value……………………….…….$23,563,753

Contributions Received………...……….………..$ 330,332

Grant Distributions………………….…………....$ 698,859

Scholarship Distributions………….……………..$ 291,200

Administrative Expenses……….…………………..$ 55,067

Investment Management Fees…...…..…..………..$ 93,203

Grant Recipients: 51

Scholarship Recipients: 73

FINANCIAL SUMMARY AT DECEMBER 31, 2022

Endowment Value……………………….…….$20,931,962

Contributions Received………...……….………..$309,375

Grant Distributions………………….…………....$503,772

Scholarship Distributions………….……………..$277,208

Administrative Expenses……….…………………..$63,792

Investment Management Fees…...…..…..………..$91,978

Grant Recipients: 30

Scholarship Recipients: 89

FINANCIAL SUMMARY AT DECEMBER 31, 2021

Endowment Value……………………….…….$25,044,685

Contributions Received………...……….………..$979,286

Grant Distributions………………….…………....$358,004

Scholarship Distributions………….……………..$254,631

Administrative Expenses……….…………………..$47,800

Investment Management Fees…...…..…..………..$95,123

Grant Recipients: 27

Scholarship Recipients: 77

FINANCIAL SUMMARY AT DECEMBER 31, 2020

Endowment Value……………………….…….$21,752,824

Contributions Received………...……….………..$265,870

Grant Distributions………………….…………....$507,781

Scholarship Distributions………….……………..$245,860

Administrative Expenses……….…………………..$51,302

Investment Management Fees…...…..…..………..$73,332

Grant Recipients: 46

Scholarship Recipients: 77

FINANCIAL SUMMARY AT DECEMBER 31, 2019

Endowment Value……………………….…….$20,271,623

Contributions Received………...……….………..$54,434

Grant Distributions………………….…………....$277,914

Scholarship Distributions………….……………..$147,711

Administrative Expenses……….…………………..$48,071

Investment Management Fees…...…..…..………..$64,245

Grant Recipients: 44

Scholarship Recipients: 73

FINANCIAL SUMMARY AT DECEMBER 31, 2018

Endowment Value……………………….…….$17,945,258

Contributions Received………...……….………..$36,619

Grant Distributions………………….…………....$303,632

Scholarship Distributions………….……………..$168,826

Administrative Expenses……….…………………..$49,527

Investment Management Fees…...…..…..………..$67,954

Grant Recipients: 28

Scholarship Recipients: 77

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

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 Laura Vamvalis at (518) 926-8372.