Overview
What is The Adirondack Trust Company Community Fund?
The Adirondack Trust Company Community Fund is a charitable organization situated in Saratoga Springs, New York, specifically at 31 Church Street. It manages various funds contributed by individuals who have entrusted the organization with their resources. Among these funds, thirty-one are donor-advised, guided and managed by individuals themselves. The primary mission of this nonprofit is to encourage charitable giving within Saratoga County, Warren County, Washington County, and its surrounding areas, inspiring both individuals and businesses to make generous donations. Through its charitable programs, the Adirondack Trust Company Community Fund aims to positively impact the community by supporting various causes.
Official website here: www.atccf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Adirondack Trust Company Community Fund has received a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects the charity's commitment to transparency and effective financial management, particularly highlighted by a program expense ratio of 93.46%, signifying that the majority of its funds are directed towards its mission.
The organization has demonstrated a solid governance structure, with a fully independent board composed of eight members, which contributes to its high marks for accountability. Key policies related to conflict of interest and document retention are well-established and available on their website, further underscoring the organization’s commitment to ethical operational practices.
However, it is noted that the charity is missing a whistleblower policy, which could be a potential area for improvement. Overall, the Adirondack Trust Company Community Fund exhibits a strong foundation in financial integrity and governance, though addressing the gap in its whistleblower policy would enhance its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is The Adirondack Trust Company Community Fund legitimate?
The Adirondack Trust Company Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Adirondack Trust Company Community Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.atccf.org
What is the mission statement of The Adirondack Trust Company Community Fund?
The Adirondack Trust Company Community Fund encourages charitable giving among individuals and businesses in Saratoga County, Warren County, Washington County, and the surrounding area. Through its charitable giving programs, the fund provides a platform for these entities to make charitable contributions. The Adirondack Trust Company Community Fund manages charitable funds created by individuals who have entrusted their resources to the organization. Among these funds, thirty-one are donor-advised funds, which are established and advised by individuals.
Official website here: www.atccf.org
Who is the CEO of The Adirondack Trust Company Community Fund?
Adirondack Trust Company is the Trustee of The Adirondack Trust Company Community Fund.
Official website here: www.atccf.org
What is the revenue of The Adirondack Trust Company Community Fund?
The Adirondack Trust Company Community Fund's revenue in 2022 was $467,307.
Official website here: www.atccf.org
Who are the executives of The Adirondack Trust Company Community Fund and what are their salaries?
There 15 volunteers at The Adirondack Trust Company Community Fund.
Here are 10 key members and their salaries:
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Official website here: www.atccf.org
Where can I find the form 990 for The Adirondack Trust Company Community Fund?
The Adirondack Trust Company Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atccf.org
Learn more at the official website: www.atccf.org
Mission Statement of The Adirondack Trust Company Community Fund
The Adirondack Trust Company Community Fund's mission is centered around encouraging charitable giving among individuals and businesses in Saratoga County, Warren County, Washington County, and their surrounding areas. The organization serves as a platform, encouraging generous contributions to various charitable causes. In addition, The Adirondack Trust Company Community Fund manages charitable funds created by individuals who have entrusted their resources to the organization. Among these funds, thirty-one are donor-advised funds, which are established and advised by the individuals themselves.
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Impact
July, 2024
The Adirondack Trust Company Community Fund's impact can be seen through the numerous charitable giving programs it offers, which encourage individuals and businesses in Saratoga County, Warren County, Washington County, and the surrounding area to make charitable gifts. Managed by the organization, these programs help facilitate the distribution of charitable funds created by people who have entrusted the Community Fund with their resources. Additionally, the Community Fund administers thirty-one donor-advised funds, which are established and advised by individuals. This allows for a more personalized approach to philanthropy, enabling donors to support causes they are passionate about. Through these initiatives, the Adirondack Trust Company Community Fund plays a vital role in fostering a culture of giving and making a positive impact on communities in its service area.
This information is meant to be a general summary of The Adirondack Trust Company Community Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $152,124
- Gross Receipts: $1,482,434
Assets and Liabilities:
- Total Assets: $5,741,984
- Total Liabilities: $3,085
- Net Assets: $5,738,899
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Organization Details
Founding Year
2008
Phone
(518) 584-5844Principal Officer
Adirondack Trust Company
Main Address
31 CHURCH STREET, SARATOGA SPRINGS, NY, 12866
Website
www.atccf.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of The Adirondack Trust Company Community Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.