Oswego County Community Foundation Receives $25,000 Gift
October 3, 2015- Pathfinder Bank recently donated $25,000 to the Oswego County Community Foundation. This gift will help the Foundation reach its endowment fundraising goal of $500,000.
Pathfinder Bank is the oldest financial institution in Oswego County and prides itself on its commitment to customer service and community involvement.
“Pathfinder Bank is very supportive of the initiative to establish a Community Foundation within Oswego County to promote philanthropy,” said Pathfinder Bank President & CEO, Thomas Schneider. “Our goal is to help get this project moving forward, along with other important organizations in this community.”
The Oswego County Community Foundation, a geographically specific endowment, provides a source of permanent charitable dollars for nonprofits serving residents of Oswego County. Once the initial fundraising goal of $500,000 is met, the Foundation will award grants to local nonprofit organizations with programs ranging broadly from arts and culture, environment and animal welfare, education, human services, health and civic affairs.
“We’re so grateful and honored that Pathfinder Bank has donated $25,000 to our fund,” said Nancy Bellow, Foundation Council Chair. “With their assistance, we are that much closer to our endowment goal.”
The foundation has received “matching-challenge” grants from the Central New York Community Foundation and the Richard S. Shineman Foundation. Every dollar contributed to the Oswego Community Foundation will be matched up to $200,000.
To learn more about the Oswego County Community Foundation, including how to make a contribution, visit www.OswegoCountyCF.org. The Oswego County Community Foundation is a component of the Central New York Community Foundation, www.cnycf.org.
About the Central New York Community Foundation
Established in 1927, the Central New York Community Foundation encourages local philanthropy by supporting the growth of permanent charitable endowments for the betterment of the region. The Community Foundation is the largest charitable foundation in the region with assets of more than $172 million. It awarded $9.5 million in grants last year to nonprofit organizations and since its inception has invested nearly $130 million in the community. The Community Foundation serves as the steward of charitable legacies for individuals, families and businesses through the administration of nearly 650 funds. The organization also serves as a civic leader, convener and sponsor of special initiatives designed to strengthen local nonprofits and address the region’s most pressing challenges.