Community Foundation for the Greater Capital Region Invests in Program to Prepare Students for Successful Careers in the Trades and Technology to Expand the Workforce Pipeline
$100,000 Grant Presented to the Applied Technology Education Center at Hudson Valley Community College
TROY, NY – October 9, 2024 —
The Community Foundation for the Greater Capital presented a $100,000 grant in support of the Applied Technology Education Center at Hudson Valley Community College this afternoon. The grant represents one of the largest single investments designated from the Foundation’s Community Impact funds, a family of funds representing the legacies of individuals, families, and businesses; many of those made possible through the thoughtful generosity of gifts received as part of an estate. Understanding that the Community Foundation staff possesses deep knowledge of our region’s nonprofit organizations and community needs, these funds are left to the discretion of the Community Foundation’s Grants and Community Initiatives Committee, led by Murray Massry.
“As a community foundation, we know from our experiences that the strength of any community is the collective result of many working together for the common good,” said John Eberle, President and CEO. “Our mission is to strengthen our community through philanthropy, and we believe investing in education and training so that everyone can thrive is one of the best investments we can make in our future. This gift was the result of many individuals who left a piece of their estate to have a positive impact. We look forward to seeing the many ways this gift will inspire students and support business leaders willing to build their dreams here in the Capital Region.”
The Community Foundation serves our region as a philanthropic partner to more than 470 thoughtful and generous individuals, families and local businesses who established funds to support their charitable giving. Discretionary funds like Community Impact help us lead, join, and fund collective impact strategies that improve access and opportunity for all those who live in the Capital Region.
In 2023, the Community Foundation for the Greater Capital Region recorded one of its largest investments in support of nonprofits and in scholarship awards to local students. Together with our family of funds and in partnership with regional private and family foundations, the Community Foundation facilitated $9.2M in directed grantmaking and distributed more than $1.5M in unrestricted grants and scholarships from permanent endowment funds entrusted to the Foundation.
ABOUT THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION
Since 1968, the Community Foundation for the Greater Capital Region has worked to strengthen the greater Capital Region through philanthropy. The Foundation collaborates with donors and community partners who share their vision for community transformation through stewardship of charitable endowments, superior donor services, effective grantmaking, and leadership to address community needs.
With assets currently totaling more than $115 million, and cumulative grantmaking surpassing $120M, the Foundation serves an 11- county region and is comprised of more than 470 charitable funds created by a diverse group of individuals, families, and corporations. In addition, several local independent foundations (the Bender Family Foundation, the John D. Picotte Family Foundation, the McCarthy Charities, the B’nai B’rith Gideon Foundation, the Carl E. Touhey Foundation and the Review Foundation) contract with the Community Foundation for grantmaking assistance.
Through flexible donor services, strategic grantmaking, and community leadership initiatives, the Community Foundation helps people support the causes they care about, now and for generations to come. For more information, contact Mindy Derosia, [email protected] or call 518- 446-9638.