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Community Development : Community Foundations

Central New York Community Foundation

Where the smart money gives

four stars

92.08

431 East Fayette Street Suite 100
Syracuse, NY 13202
tel: (315) 422-9538   Web Site
EIN: 15-0626910

Board Leadership
Casey Crabill
Chair

CEO
Peter A. Dunn
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 92.08 four stars
  Financial 88.80 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Founded in 1927, the Central New York Community Foundation strives to inspire philanthropy in Central New York. The Community Foundation connects the generosity of donors with community needs by making grants to organizations working to enhance the quality of life of those who live and work in Central New York. The Community Foundation annually makes more than $5 million in grants and provides leadership support in the fields of arts and culture, community and economic development, education, environment, health and human services.

Founded in 1927, the Central New York Community Foundation strives to inspire philanthropy in Central New York. The Community Foundation connects the generosity of donors with community needs by making grants to organizations working to enhance the quality of life of those who live and work in Central New York. The Community Foundation annually makes more than $5 million in grants and provides leadership support in the fields of arts and culture, community and economic development, education, environment, health and human services.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

88.80

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.2%
  Administrative Expenses 5.0%
  Fundraising Expenses 4.7%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 13.34
  Program Expenses Growth 4.2%
  Liabilities to Assets 8.4%
All data for Financial Performance Metrics calculations was provided by Central New York Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Central New York Community Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Central New York Community Foundation (NY) 92.08 four stars
Essex County Community Foundation Incorporated (MA) 95.47 four stars
The Community Foundation of West Chester Liberty (OH) 85.57 three stars
Central Carolina Community Foundation (SC) 93.32 four stars
The Pittsburgh Foundation (PA) 92.92 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $13,565,024
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $13,565,024
   Program Service Revenue $0
Total Primary Revenue $13,565,024
   Other Revenue $12,332,400
TOTAL REVENUE $25,897,424
   
EXPENSES  
   Program Expenses $13,984,193
   Administrative Expenses $940,619
   Fundraising Expenses $905,671
TOTAL FUNCTIONAL EXPENSES $15,830,483
   
Payments to Affiliates $0
Excess (or Deficit) for the year $10,066,941
   
Net Assets $255,719,796

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Donor Advised Funds Distributions $6,389,333 45.7%
Community Grantmaking $4,624,208 33.1%
Scholarships $2,104,059 15.0%

Ratings History
Central New York Community Foundation has received 10 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-03 06/01/2020 92.08 four stars
2018-03 04/01/2019 97.89 four stars
2017-03 07/01/2018 94.01 four stars
2016-03 06/01/2017 93.28 four stars
2015-03 06/01/2016 93.22 four stars
 
CN 2.0
2014-03 09/01/2015 93.76 four stars
2013-03 06/01/2014 96.09 four stars
2012-03 07/01/2013 96.03 four stars
2011-03 04/01/2012 94.69 four stars
2010-03 09/20/2011 92.57 four stars
 
CN 1.0
2010-03 07/01/2011 86.92 three stars
2009-03 06/01/2010 84.97 three stars
2008-03 05/01/2009 82.20 three stars
2007-03 09/01/2008 86.14 three stars
2006-03 05/01/2007 92.81 four stars
2005-03 04/01/2006 96.64 four stars
2004-03 02/01/2005 77.88 two stars
2003-03 12/01/2003 76.55 two stars
2002-03 10/15/2002 81.15 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 15-0626910
Name in IRS Master File CENTRAL NEW YORK COMMUNITY FOUNDATION INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1948
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2018
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
Compensation % of Expenses Paid to Title
$227,969 1.44% Peter A. Dunn President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Central New York Community Foundation (NY) 92.08 four stars
East Bay Community Foundation (CA) 93.44 four stars
DuPage Community Foundation (IL) 91.92 four stars
Whatcom Community Foundation (WA) 96.33 four stars
The Minneapolis Foundation (MN) 96.47 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Central New York Community Foundation
431 East Fayette Street
Suite 100
Syracuse, NY 13202
tel: (315) 422-9538
fax: (315) 471-6031
EIN: 15-0626910

Visit Web Site

Board Leadership

Casey Crabill
Chair

CEO

Peter A. Dunn
President & CEO

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