2023-10-31T06:15:00-07:00 2022-12-31 820548504 WHITTEMORE DOWEN & RICCIARDELLI LLP 333 AVIATION RD BLDG B QUEENSBURY NY 12804 990 2022-01-01 146036390 Glens Falls Foundation GLEN 5189268372 Glens Falls National 250 Glen St Glens Falls NY 12801 GF National Bank Trustee 2023-10-31 true GF National Bank 999009999 true Colin D Combs CPA P00968109 5187920918 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Mrs Donna Perkett 21 Jacqueline Drive Queensbury NY 12804 10838172 false X www.glensfallsfoundation.org X 1939 NY To improve the quality of life for the people of the Greater Glens Falls area through grants to non-profit organizations and donor-directed scholarships for area students. 7 7 0 8 0 979286 309375 0 1031181 270665 0 2010467 580040 612635 780980 0 0 0 0 142923 155770 755558 936750 1254909 -356710 25044685 20931962 0 25044685 20931962 To improve the quality of life for the people of the Greater Glens Falls area through grants to non-profit organizations and donor-directed scholarships for area students. false false 503772 503772 VARIOUS GRANTS AND AWARDS GIVEN TO CHARITABLE AND CIVIC COMMUNITY ORGANIZATIONS. 277208 277208 SCHOLARSHIPS FOR HIGH SCHOOL AND COLLEGE STUDENTS. 780980 true true false false false false false false false true false false false false false true true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true false false false false false NY X X Laura Vamvalis 5183000627 PO Box 4560 Queensbury NY 12804 X Mrs Cheryl Potvin Hogan Director 0.50 0.00 X 0 0 0 Dr Howard Fritz Director 0.50 0.00 X 0 0 0 Mrs Donna Perkett Chair 0.50 0.00 X X 0 0 0 Ms Elizabeth Barton-Navitsky Director 0.50 0.00 X 0 0 0 Dr Jim Fuchs Director 0.50 0.00 X 0 0 0 Dr Stacey Mandelbaum Director 0.50 0.00 X 0 0 0 Mr Mark Behan Vice Chair 0.50 0.00 X X 0 0 0 Ms Dianne Shugrue Director 0.50 0.00 X 0 0 0 Glens Falls National Bank Trustee 1.00 0.00 X 0 0 0 0 false false false 0 309375 309375 0 625761 625761 0 0 0 9903036 10258132 -355096 -355096 -355096 0 0 0 0 580040 270665 503772 503772 277208 277208 0 0 0 0 0 0 0 0 42977 42977 0 17625 17625 0 0 91978 91978 775 775 0 0 0 0 0 0 0 0 0 0 0 1622 1622 Telephone 511 511 Website & Miscellaneous 282 282 0 936750 780980 155770 0 0 1356247 835782 0 0 0 0 0 0 0 0 23688438 20096180 0 0 0 0 25044685 20931962 0 0 X 9405447 8013970 15639238 12917992 25044685 20931962 25044685 20931962 -356710 -3756013 X false true X true false X 36619 54434 265870 979286 309375 1645584 0 0 36619 54434 265870 979286 309375 1645584 812064 833520 501696 430600 395826 547780 625761 2501663 0 0 4147247 0.20100 0.19780 X Support Schedule: Additional Supplemental Information The organization has been notified by the Internal Revenue Service that it has been grandfathered from the requirement to meet the public support test. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21198841 39159 -3003572 627153 17607275 18974724 347137 2478376 601396 21198841 17770023 15870 2000659 753641 58187 18974724 15723635 54434 2510091 425625 92512 17770023 16923076 36619 -578018 468796 189246 15723635 0.40370 0.59630 true false false X -3267951 -3756013 -3756013 488062 91978 91978 580040 844772 844772 91978 91978 936750 Part V, Line 4: Intended uses of the endowment fund. Donor restricted net assets consist of endowment fund investments to be held indefinitely, the income from which is expendable to support scholarships and local charitable organizations including public library operations and support for underprivileged children and the needy. Part X : FIN48 Footnote In accordance with generally accepted accounting principles, the Foundation accounts for uncertainty in income taxes by recognizing tax positions in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by tax authorities. As of December 31, 2022, the Foundation believes that it has appropriate support for the income tax positions taken on its tax returns and, therefore, believes that it has no uncertain tax positions that would have a material impact on the financial statements. As of December 31, 2022, the tax years that remain subject to examination by taxing authorities begin with 2019. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Investment Fees $91978 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Investment Fees $91978 true Adirondack Welcome Circle PO Box 132 Glens Falls NY 12801 874171977 501(c)(3) 30121 0 General Grant to Organization Comfort Food of Washington Co PO Box 86 Greenwich NY 12834 464583890 501(c)(3) 32200 0 General Grant to Organization Crandall Public Library 251 Glen St Glens Falls NY 12801 141338381 501(c)(3) 12282 0 General Grant to Organization FAMILY SERVICES ASSOCIATION 150 Warren Street Glens Falls NY 12801 141338395 501(c)(3) 8788 0 General Grant to Organization First Presbyterian Church 400 Glen St Glens Falls NY 12801 141338405 501(c)(3) 13000 0 General Grant to Organization Gansevoort Cemetery Inc PO Box 4522 Gansevoort NY 12831 141586030 501(c)(3) 14000 0 General Grant to Organization Gansevoort Volunteer Fire 1870 Route 32N Gansevoort NY 12831 7000 0 General Grant to Organization Glens Falls Hospital Fdtn 100 Park Street Glens Falls NY 12801 141790805 501(c)(3) 46800 0 General Grant to Organization Granville Area Food Pantry 3 Morrison Ave Granville NY 12832 222817860 501(c)(3) 5521 0 General Grant to Organization Granville Engine & Hose Co #1 PO Box 101 Granville NY 12832 651265108 501(c)(3) 10000 0 General Grant to Organization Granville Rescue Squad Inc 64 East Potter Ave Granville NY 12832 146038527 501(c)(3) 10000 0 General Grant to Organization Habitat for Humanity 4 Glens Falls Tech Park Glens Falls NY 12801 223476475 501(c)(3) 30000 0 General Grant to Organization Historic Salem Courthouse 58 E Broadway Salem NY 12865 020558625 501(c)(3) 7000 0 General Grant to Organization Hudson View Cemetery 6 Pruyn Hill Rd Mechanicville NY 12118 10805 0 General Grant to Organization Lake George Music Festival 7 Stone Pine Lane Queensbury NY 12804 453041321 501(c)(3) 5290 0 General Grant to Organization Look Media Resource Inc 18 Roosevelt Avenue Glens Falls NY 12801 852367153 501(c)(3) 6000 0 General Grant to Organization Mettowee Valley Senior Cit 10 Morrison Ave Granville NY 12832 141601196 501(c)(3) 5600 0 General Grant to Organization North Granville Hose Co Inc PO Box 8 North Granville NY 12854 141768344 501(c)(3) 29685 0 General Grant to Organization Pember Library & Museum 33 West Main Street Granville NY 12832 146000797 501(c)(3) 15000 0 General Grant to Organization Planned Parenthood Greater NY 26 Bleecker Street New York NY 10012 132621497 501(c)(3) 25000 0 General Grant to Organization Prospect Child & Family Ctr 133 Aviation Road Queensbury NY 12804 141495700 501(c)(3) 6000 0 General Grant to Organization Queensbury Senior Citizens 742 Bay Road Queensbury NY 12804 141649371 501(c)(3) 12347 0 General Grant to Organization Rebuilding Together Saratoga 132 Milton Ave Ballston Spa NY 12020 200530683 501(c)(3) 10000 0 General Grant to Organization Slate Valley Museum Fdtn 17 Water Street Granville NY 12832 141761544 501(c)(3) 11730 0 General Grant to Organization St James Episcopal Church 172 Ottawa St Lake George NY 12845 141501718 501(c)(3) 6600 0 General Grant to Organization St Pauls Episcopal Church 32 East Broadway Salem NY 12865 222519143 501(c)(3) 10000 0 General Grant to Organization The Open Door Mission 226 Warren St PO Box 3306 Glens Falls NY 12801 222212538 501(c)(3) 22000 0 General Grant to Organization The Park Theater Foundation PO Box 505 Glens Falls NY 12801 834556421 501(c)(3) 10125 0 General Grant to Organization Tri County United Way 696 Upper Glen St Queensbury NY 12804 146022433 501(c)(3) 6721 0 General Grant to Organization US Championship Rodeo Fdtn 107 Country Club Rd Queensbury NY 12804 141754214 501(c)(3) 25000 0 General Grant to Organization 28 2 Individual Scholarships 89 277208 Grantmaker's Description of How Grants are Used Individuals receiving scholarships are selected by their school faculty on the basis of need, scholastic record and service to their school or community. The only other grants to individuals are for medical expenses, which are investigated as to medical and financial need by appropriate local charitable organizations, from whom we receive a full report and recommendation.Organizations seeking grants are required to submit budgets showing actual and projected sources and uses of funds. Since we make no grants outside our immediate geographic area, we are able to follow the actual expenditures closely through a combination of follow up reports to us, newspaper coverage of projects, personal conversations and personal visits. In these ways, both projected and actual uses of our grants can be checked for compliance with the charitable purpose of our organization. Form 990, Part VI, Section B, Line 11b The business administrator of the foundation, as well as the trustee, receive a draft copy of the 990, which they review and compare to the audited financial statements and corresponding schedules with the distribution committee. Any changes are forwarded to the accountant and verified as corrected. A final approval is made by the distribution committee before filing. Form 990, Part VI, Section B, Line 12c Conflict of interest statements are signed annually by the distribution committee and are reviewed by the business administrator. Form 990, Part VI, Section C, Line 19 The foundation's governing documents, policies and financial statements are available upon request.