Nonprofit · EIN 14-1505623
THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC
Tax-exempt · ALBANY, NY 12203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,354,990 | $8,706,809 | $2,648,181 | $119,822,415 | $5,308,092 | $114,514,323 |
| December 31, 2023 | 990 | $8,960,281 | $10,411,637 | -$1,451,356 | $110,463,310 | $4,605,129 | $105,858,181 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,876,980
- Program service revenue
- $149,179
- Investment income
- $6,345,167
- Net gain from sales of assets
- $3,959,907
- Net income from fundraising events
- -$16,336
- Other revenue
- -$16,336
Expenses
- Grants and similar amounts paid
- $6,523,651
- Compensation of officers, directors and key employees
- $412,087
- Other salaries and wages
- $586,107
- Salaries, compensation and benefits (total)
- $1,115,526
- Professional fundraising fees
- $0
- Legal fees
- $10,004
- Accounting fees
- $39,296
- Occupancy
- $123,753
- Travel
- $5,150
- Depreciation
- $19,621
- Program services (functional)
- $7,170,364
- Management and general (functional)
- $1,341,188
- Fundraising (functional)
- $195,257
Balance sheet and other
- Total assets, start of year
- $110,463,310
- Total assets, end of year
- $119,822,415
- Total liabilities, end of year
- $5,308,092
- Net assets, end of year
- $114,514,323
- Land, buildings and equipment
- $57,088
- Publicly traded securities
- $73,277,420
- Net assets without donor restrictions
- $44,478,949
- Net assets with donor restrictions
- $70,035,374
- Gross unrelated business income
- -$12,777
- Gross receipts
- $27,082,404
- Employees
- 9
- Volunteers
- 50
- Year formed
- 1968
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN G EBERLE | PRESIDENT & CEO Officer | 40 | $213,056 | $27,825 |
| TERRY D MARIANO | CFO Officer | 40 | $149,698 | $21,508 |
| MINDY DEROSIA | VICE PRESIDENT, DEVELOPMENT Highest-paid employee | 40 | $119,503 | $6,728 |
| SHELLY CONNOLLY | VICE PRESIDENT, COMMUNITY GRANTMAKING Highest-paid employee | 40 | $114,051 | $6,559 |
| JENNA CUILLA | DIRECTOR, ADVANCEMENT OPERATIONS Highest-paid employee | 40 | $101,050 | $5,506 |
| ALICIA LASCH | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT T HENNES | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BELINDA HILTON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT S REYNOLDS ESQ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER L CIMIJOTTI CPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEAN BEDELL CPA | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| M CHRISTIAN BENDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELDON HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EILEEN MCLOUGHLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEAGHAN E MURPHY ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MURRAY CARL MASSRY | DIRECTOR Trustee or director | 1 | $0 |
| CHESTER OPALKA | DIRECTOR Trustee or director | 1 | $0 |
| AIMEE DAKE | DIRECTOR Trustee or director | 1 | $0 |
| HEIDI KNOBLAUCH PHD | DIRECTOR Trustee or director | 1 | $0 |
| DAVID HOLLANDER | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT F AUDI CPA | DIRECTOR Trustee or director | 1 | $0 |
| ALEX ZHANG CPA | DIRECTOR Trustee or director | 1 | $0 |
| WALTER THORNE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID CRAFT ESQ | DIRECTOR Trustee or director | 1 | $0 |
| BRENDA OSORIO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN G EBERLE | PRESIDENT & CEO Officer | 40 | $205,176 | $26,072 |
| TERRY D MARIANO | CFO Officer | 40 | $144,539 | $20,080 |
| ALICIA LASCH | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT T HENNES | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BELINDA HILTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT S REYNOLDS ESQ | FIRST VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HON DORCEY APPLYRS DRPH MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER L CIMIJOTTI CPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEAN BEDELL CPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| M CHRISTIAN BENDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELDON HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EILEEN MCLOUGHLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEAGHAN E MURPHY ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MURRAY CARL MASSRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHESTER OPALKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AIMEE DAKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEIDI KNOBLAUCH PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN W RODAT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT F AUDI CPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEX ZHANG CPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WALTER THORNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID CRAFT ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENDA BADDAM ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 TOWER PLACE, ALBANY, NY 12203-3735
- Principal officer (990 for 2024)
- JOHN EBERLE, 2 TOWER PLACE EXECUTIVE PARK, ALBANY, NY 12203
- Signed the 990
- JOHN EBERLE, PRESIDENT & CEO
- Phone
- (518) 446-9638
- Website
- WWW.CFGCR.ORG
- Return prepared by
- BST & CO CPAS LLP
Mission
THE COMMUNITY FOUNDATION'S MISSION IS TO STRENGTHEN THE COMMUNITY THROUGH PHILANTHROPY. THE FOUNDATION DOES THIS IN COLLABORATION WITH DONORS AND COMMUNITY PARTNERS WHO SHARE ITS VISION FOR COMMUNITY TRANSFORMATION THROUGH STEWARDSHIP OF CHARITABLE ENDOWMENTS, SUPERIOR DONOR SERVICES, EFFECTIVE GRANT MAKING, AND LEADERSHIP TO ADDRESS COMMUNITY NEEDS.
Program accomplishments
- SEE SCHEDULE O.THE FOUNDATION ADMINISTERS MORE THAN 472 CHARITABLE FUNDS, AND IN PARTNERSHIP WITH OUR DONORS, PROVIDES LEADERSHIP AND SUPPORT FOR SOME OF THE CAPITAL REGION'S MOST IMPORTANT HUMAN SERVICE, EDUCATION, ARTS/CULTURE, COMMUNITY IMPROVEMENT AND HOUSING/SHELTER INITIATIVES.SINCE OUR FOUNDING IN 1968, THE FOUNDATION HAS AWARDED MORE THAN $132.5 MILLION TO SUPPORT THE CAPITAL REGION AND BEYOND. IN 2024, THE FOUNDATION GRANTED AND FACILITATED OVER $6.2 MILLION IN 1,700 GRANTS. OF THESE GRANTS, 235 NONPROFIT PROGRAMS RECEIVED UP TO $5,000 EACH. THE TOP FOCUS AREAS TO WHICH GRANTS WERE AWARDED IN 2024 WERE HUMAN SERVICES, EDUCATION, ARTS/CULTURE/HUMANITIES, HOUSING AND SHELTER, AND COMMUNITY IMPROVEMENT/CAPACITY BUILDING.THE FOUNDATION MAINTAINS A FOCUS ON INVESTING IN THE CAPACITY OF LOCAL NONPROFITS, IN ORDER TO HELP THEM OPERATE AND SERVE THEIR POPULATIONS MORE EFFECTIVELY. WE ACCOMPLISH THIS THROUGH MODEST GRANT AWARDS TO SUPPORT INFRASTRUCTURE, HUMAN RESOURCES, AND MANAGEMENT/BOARD TRAINING UPGRADES, AS WELL AS OUR SUPPORT FOR, AND COORDINATION OF, THE CAPACITY BUILDING MINI-GRANT PROGRAM. THIS PROGRAM, OFFERED FREE EACH YEAR, CONSISTS OF A SERIES OF HALF-DAY WORKSHOPS FOR NONPROFIT LEADERS AND THEIR BOARD MEMBERS ON A WIDE RANGE OF TOPICS, SUCH AS PERSONNEL RISK MANAGEMENT, REGULATORY CHANGES AFFECTING THE NONPROFIT FIELD, DEVELOPMENT AND COMMUNICATIONS, AND TECHNOLOGY SOLUTIONS.THE FOUNDATION AWARDS GRADE SCHOOL, COLLEGE, AND CONTINUING EDUCATION SCHOLARSHIPS TO HUNDREDS OF LOCAL SCHOLARS EACH YEAR. THE FOUNDATION'S LARGEST SCHOLARSHIP FUND IS THE PHYLLIS E. DAKE "MAKE YOUR OWN" SCHOLARSHIP FUND (PED), WHICH PROVIDES COLLEGE FUNDING FOR CHILDREN OF STEWART'S SHOPS EMPLOYEES. IN 2024, THE PED SCHOLARSHIP GRANTED MORE THAN $443,000, COMBINED WITH THE FOUNDATION'S OTHER SCHOLARSHIP FUNDS, RESULTED IN DISTRIBUTING MORE THAN $715,000 GRANTED THROUGH 173 SCHOLARSHIPS.Expenses $7,170,364 · grants $6,523,651 · revenue $149,179
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1505623
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $119,822,415
- Income (IRS master file)
- $27,082,404
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,354,990 | $8,706,809 | $119,822,415 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $8,960,281 | $10,411,637 | $110,463,310 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $11,740,454 | $8,524,230 | $100,799,889 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1505623).
Questions about THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC
- What is the EIN of THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC?
- The employer identification number (EIN) of THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC is 14-1505623.
- Is THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC?
- The 990 for the year ended December 31, 2024 names JOHN EBERLE.
- Who are the officers and directors of THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC?
- The 990 for the year ended December 31, 2024 lists 25 people; 5 received compensation from the organization, the highest $213,056 (JOHN G EBERLE, PRESIDENT & CEO).
- How much revenue does THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,354,990, expenses of $8,706,809 and total assets of $119,822,415 at year end.
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