2024-10-17T07:09:47-07:00 2023-12-31 820548504 WHITTEMORE DOWEN & RICCIARDELLI LLP 333 AVIATION RD BLDG B QUEENSBURY NY 12804 990 2023-01-01 146036390 Glens Falls Foundation GLEN 5189268372 Glens Falls National 250 Glen St Glens Falls NY 12801 GF National Bank Trustee 2024-10-15 true true Colin D Combs CPA P00968109 5187920918 2023 2024-10-15 13:58:12Z Mrs Donna Perkett 21 Jacqueline Drive Queensbury NY 12804 8503906 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 7 0 309375 330332 0 270665 868018 0 580040 1198350 780980 990059 0 0 0 0 155770 148270 936750 1138329 -356710 60021 20931962 23563753 0 20931962 23563753 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 698859 698859 VARIOUS GRANTS AND AWARDS GIVEN TO CHARITABLE AND CIVIC COMMUNITY ORGANIZATIONS. 291200 291200 SCHOLARSHIPS FOR HIGH SCHOOL AND COLLEGE STUDENTS. 990059 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 true false false false false false false false false true 4 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 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 330332 251634 330332 0 667537 667537 0 0 0 7506037 7305556 200481 200481 200481 0 0 0 0 1198350 868018 698859 698859 291200 291200 0 0 0 0 0 0 0 0 38250 38250 0 13000 13000 0 0 93203 93203 775 775 0 0 0 0 0 0 0 0 0 0 0 1647 1647 Website & Miscellaneous 872 872 Telephone 523 523 0 1138329 990059 148270 0 0 835782 1143477 0 0 0 0 0 0 0 0 20096180 22420276 0 0 0 0 20931962 23563753 0 0 X 8013970 9087301 12917992 14476452 20931962 23563753 20931962 23563753 60021 2571770 X false true X true false X 54434 265870 979286 309375 330332 1939297 0 0 54434 265870 979286 309375 330332 1939297 841556 1097741 430600 395826 547780 625761 667537 2667504 0 0 4606801 0.23830 0.20100 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 17607275 23703 2805444 820512 19615910 21198841 39159 -3003572 627153 17607275 18974724 347137 2478376 601396 21198841 17770023 15870 2000659 753641 58187 18974724 15723635 54434 2510091 425625 92512 17770023 0.39900 0.60100 true false false X 3676917 2571770 2571770 1105147 93203 93203 1198350 1045126 1045126 93203 93203 1138329 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, 2023, 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, 2023, the tax years that remain subject to examination by taxing authorities begin with 2020. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Investment Fees $93203 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Investment Fees $93203 true Adirondack Employee Assistanc 559 Glen St Glens Falls NY 12801 141637985 501(c)(3) 11477 0 Adirondack Welcome Circle PO Box 132 Glens Falls NY 12801 874171977 501(c)(3) 28892 0 General Grant to Organization Bay Ridge Vol Fire Company 1080 Bay Road Lake George NY 12845 141732941 501(c)(3) 8955 0 Berkshire Farm Center & Serv 13640 St Route 22 Canaan NY 12029 141368125 501(c)(3) 12050 0 Crandall Public Library 251 Glen St Glens Falls NY 12801 141338381 501(C)(3) 13077 0 General Grant to Organization Double H Hole in the Woods 97 Hidden Valley Road Lake Luzerne NY 12846 141752888 501(c)(3) 10000 0 General Grant to Organization Family Services Association 150 Warren St Glens Falls NY 12801 141338395 501(c)(3) 8857 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 Fort Ann Vol Fire Company PO Box 305 11289 St Rte 149 Fort Ann NY 12827 141611376 501(c)(3) 10000 0 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 141737829 501(c)(3) 7000 0 General Grant to Organization Glens Falls Area Youth Center 60 Montcalm St Glens Falls NY 12801 141505150 501(c)(3) 27815 0 General Grant to Organization Glens Falls Hospital 100 Park St Glens Falls NY 12801 141338413 501(c)(3) 32600 0 General Grant to Organization Glens Falls Hospital Fdtn 100 Park Street Glens Falls NY 12801 141790805 501(c)(3) 80729 0 General Grant to Organization Granville Lions Club Foundat PO Box 4 Granville NY 12832 812557178 501(c)(3) 8500 0 Granville Youth Football 19 Potter Ave Granville NY 12832 463078487 501(c)(3) 7500 0 Greater Glens Falls Senior Ci 380 Glens Street Glens Falls NY 12801 141454572 501(c)(3) 10000 0 General Grant to Organization Hartford Vol Fire Company PO Box 121 Hartford NY 12838 141638980 501(c)(3) 10000 0 Haynes House of Hope 7187 St Route 149 Granville NY 12832 260629453 501(c)(3) 9549 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 141259832 501(c)(3) 11645 0 General Grant to Organization LG Region Women for WIN PO Box 110 Lake George NY 12845 453985669 501(c)(3) 9500 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) 16930 0 General Grant to Organization SPECIAL OLYMPICS 94 New Karner Road Suite 208 Albany NY 12203 237061382 501(c)(3) 12500 0 General Grant to Organization St MarySt Alphonsus Church 10-12 Church St Glens Falls NY 12801 141510431 501(c)(3) 8000 0 SUNY Adirondack Foundation 640 Bay Road Queensbury NY 12804 222486001 501(c)(3) 37050 0 General Grant to Organization The Granville Little League 2 Prospect St granville NY 12832 146025826 501(c)(3) 32109 0 The Hyde Collection Trust 161 Warren St Glens Falls NY 12801 141401101 501(c)(3) 20000 0 The Open Door Mission 226 Warren St PO Box 3306 Glens Falls NY 12801 222212538 501(c)(3) 55000 0 General Grant to Organization The Town of Granville PO Box 177 Granville NY 12832 146002205 170(c)(1) 15000 0 Tri County United Way 696 Upper Glen St Queensbury NY 12804 146022433 501(c)(3) 7335 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 Village of Granville PO Box 208 Granville NY 12833 146002207 170(c)(1) 22500 0 Wait House PO Box 3252 Glens Falls NY 12801 141826963 501(c)(3) 45000 0 General Grant to Organization 18 17 Individual Scholarships 87 291200 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. X 2 251634 false false true 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.