Skip to main content
Enter search terms below…

Member News

CAP COM Cares Foundation Awards $100,000 among 10 Capital Region Nonprofits

ALBANY, N.Y. – CAP COM Federal Credit Union and its charitable giving arm, the CAP COM Cares Foundation, are pleased to announce the winners of the CAP COM Cares Foundation Infrastructure Grant Initiative. $100,000 will be awarded to 10 Capital Region nonprofit organizations at a special luncheon later this year.  

The Infrastructure Initiative program formalizes the CAP COM Cares Foundation’s commitment to be a strong community partner and support projects that nonprofits often find difficult to fund. Some examples of projects that inspired the initiative include technology, HVAC and security upgrades as well as a variety of physical improvements such as a new roof, ramps and grounds improvement. These projects are vital for organizations to serve their constituents but can be delayed or unaddressed due to a lack of resources.

After seeing the wonderful success of the program’s inaugural year in 2021, the CAP COM Cares Foundation Board of Directors unanimously voted to approve this program for 2022 and help even more nonprofits in our community. $100,000 will re-enter the Community this week, supporting 10 organizations with $10,000 each.

The beneficiaries of the Foundation’s Initiative Program include:

AIM Services Inc., Saratoga County
BlueLight Development Group, Albany County
Eden’s Rose Foundation, Albany County
Foster Can Inc., Rensselaer County
Literacy Volunteers of Rensselaer County, Rensselaer County
SAFE Inc. of Schenectady, Schenectady County
Senior Citizens Center of Saratoga Springs, Saratoga County
St. Catherine’s Center for Children, Albany County
To Life!, Albany County
Women’s Employment Resource Center (WERC), Albany County

A detailed explanation of each organization and project is available here: VIMEO: YouTube: (we own these files and media partners have our permission to use this in publications)

“When we talk to new or longstanding nonprofit partners, we always ask them ‘what do you need?’. It was very clear that funding for infrastructure projects is a gap for so many of them,” stated Becky Daniels, Director of Community Engagement, CAP COM Federal Credit Union. “We hope to shine a light on this issue so that additional community donors will consider supporting similar projects as to help our nonprofits become even more productive and better able to serve their clients and our community.”

Furthering its mission of ‘Helping Kids be Kids,’ Pioneer’s Charitable Foundation has now invested more than $1.2M in nearly 400 local agencies that enhance the health and welfare of children Albany, NY – Pioneer, a leading financial institution in New York’s Capital Region, today marked the national celebration of Giving Tuesday by making $2,500…
With Cyber Monday and the holiday shopping season around the corner, it’s even more important to look for red flags and stay cyber safe when shopping online. The planned spend on gifts and other holiday items is expected to be $832 per person this year, according to National Retail Federation. Berkshire Bank Chief Information Officer Ryan Melle…
CEO Nitin Mhatre stated, “We’re proud to celebrate the anniversary of our NYSE listing and our long history of purpose-driven, values guided community banking. We believe that where you bank matters, and we’re building a better approach to banking while delivering steadily improving results to our communities and our shareholders. In 2022, our…
Join us as the streets of historic downtown Troy come alive with Victorian “Gilded Age” magic!  Enjoy the region’s premiere free holiday event that has…
The Region's Premiere Free Holiday Event
We hope you can join us on December 5th to celebrate and cut the ribbon for Red Dog Realty in their new office on Hoosick Street in Troy!  Red Dog Realty…
Ribbon Cutting & Grand Opening
As a benefit of your Chamber membership, you are invited to attend the Annual Holiday Networking Luncheon.  This provides a great opportunity to close out…
Lunch and Networking