CNY Nonprofits Hold Over $15 Billion in Assets
Compiled by writer Stephan YablonskiThere are 13,402 private foundations in New York state, according to Cause IQ, a Seattle company that tracks nonprofit organizations nationwide. Combined, these New York private foundations employ 5,317 people, earn more than $20 billion in revenue each year, and have assets of $200 billion.In Syracuse alone, the Cause IQ states that there are nearly 200 nonprofit organizations. They hold assets estimated at $15 billion.A glimpse at some CNY foundations: Allyn Family Foundation Inc11 Fennell St., Skaneateles315-685-5059www.allynfoundation.orgThe foundation is committed to a collaborative partnership with organizations and the community to build a responsible and vibrant Central New YorkGiving primarily to improve the quality of life in Central New York. Emphasis placed upon health, human services, education and youth and families.Assets have increased to more than $132 million.With the increase in the foundation’s assets, the foundation changed its name from the Allyn Foundation to the Allyn Family Foundation. (more…) (more…)