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info@nnycf.org | 315-782-7110

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Northern New York Community Foundation

Northern New York Community Foundation

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Frequently Asked Questions

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Your Giving: Simple, Effective & Rewarding

Establishing a Community Foundation fund can often be done in less time than it takes to open a bank account. You can give any type of asset — cash, stocks, closely held securities, real estate, or personal property — and receive maximum tax benefits.

Our team of dedicated professionals takes care of the administrative details and grantmaking activities, keeping your giving flexible.

Yes. The Community Foundation is a registered 501(c)(3) public charity. All gifts are fully tax deductible to the extent permitted by law.

You can name your fund anything you want.

The Community Foundation accepts cash (checks/ACH transfer), stock, appreciated securities, real estate, and personal property.

Yes. Field-of-Interest Funds, Endowed/Designated Funds and Scholarship Funds are qualified to receive these distributions. The IRS restricts Donor Advised Funds from receiving these contributions directly.

The minimum gift to establish an endowed Scholarship Fund that will award $1,000 annually is $30,000. The minimum for all other fund types ranges from zero to $5,000.

Yes. The Community Foundation can support students throughout their educational journey, regardless of their career path. We offer scholarships for adults returning to college, students pursuing the trades and professional licensure and scholarships for high school students.

You may contribute to your fund at any time and ask friends, family, and businesses to contribute. Download the Community Foundation’s Fundraising and Events Guidelines here.

Fees on Community Foundation funds support community grantmaking, nonprofit trainings, leadership development, and the promotion of charitable giving that ultimately transforms the place we call home. Click here for a full schedule and explanation of the Foundation’s fee structure.

Absolutely. We will send you a gift acknowledgement letter of your contributions to your fund, or your gift to any Community Foundation fund. If at tax time you can’t find your original, we’ll send you a copy.

It starts with a conversation

We can help you experience the joy of giving today, and we welcome the opportunity to talk with you and your trusted advisors about including charitable giving in your estate plans. Please be in touch with our team:

Rande Richardson, President & CEO, rande@nnycf.org
Max DelSignore, Vice President, max@nnycf.org
Foundation office: 315-782-7110

Schedule a consultation