Finger Lakes Area Community Endowment

Organization Overview

Finger Lakes Area Community Endowment is located in Canandaigua, NY. The organization was established in 1994. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Finger Lakes Area Community Endowment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Finger Lakes Area Community Endowment generated $4.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $4.8m during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Finger Lakes Area Community Endowment has awarded 587 individual grants totaling $18,545,906. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

AREA PHILANTHROPIC SUPPORT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS WERE MADE TO LOCAL CHARITABLE ORGANIZATIONS ACCORDING TO THE CONTRIBUTORS OR AS THE TRUSTEES DECIDE.


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Board, Officers & Key Employees

Name (title)Compensation
George W Hamlin IV
Advisory Board
$0
Frank Hamlin
Advisory Board
$0
Russ Kenyon
Advisory Board
$0
Deborah Culeton
Advisory Board
$0
Ginny Ryan
Advisory Board
$0
Michael Stone
Advisory Board
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,212,963
Noncash contributions included in lines 1a–1f $988,643
Total Revenue from Contributions, Gifts, Grants & Similar$3,212,963
Total Program Service Revenue$0
Investment income $792,605
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $556,816
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,562,384

Grants Awarded

Over the last fiscal year, Finger Lakes Area Community Endowment has awarded $3,617,990 in support to 85 organizations.

Grant RecipientAmount

FIRST UNITED METHODIST CHURCH

PURPOSE: SUPPORT FOR LOCAL NONPROFIT ORGANIZATION

$19,500

FF THOMPSON FOUNDATION INC

PURPOSE: SUPPORT FOR LOCAL NONPROFIT ORGANIZATION

$25,500

GEORGE M EWING CANANDAIGUA FORUM

PURPOSE: SUPPORT FOR LOCAL NONPROFIT ORGANIZATION

$46,427

GREATER CANANDAIGUA CIVIC CENTER

PURPOSE: SUPPORT FOR LOCAL NONPROFIT ORGANIZATION

$10,000

GARTH FAGAN DANCE ACADEMY

PURPOSE: SUPPORT FOR LOCAL NONPROFIT ORGANIZATION

$10,000

FINGER LAKES COMMUNITY COLLEGE FOUNDATION

PURPOSE: SUPPORT FOR LOCAL NONPROFIT ORGANIZATION

$83,107
View Grant Profile

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$14,446,368
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$11,325,031
Travis Manion Foundation
Doylestown, PA
$11,104,104
Acts Legacy Foundation Inc
Fort Washington, PA
$5,178,233
New York Times Neediest Cases Fund
New York, NY
$6,200,784
American Friends Of The Royal Foundation Of The Duke And Duchess
Newton, MA
$8,155,424
Rodef Chesed
Brooklyn, NY
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Chevra-Kadisha Yerushalayim Inc
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Princes Trust America Inc
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