2009 Grantmaking Program

»Grants Paid by Program Area & Type of Support
»Funding Program for the Mid-Hudson Valley of New York State
»Legacy & Family Interest Grants
»Directors' Discretionary Grants

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Grants Paid by Program Area

In 2009, the largest portion of grant dollars (56%) was paid under the Mid-Hudson Valley program area, down slightly from 60% in 2008. Fiftieth Anniversary grants account for $540,000 of the $8,428,650 in Mid-Hudson Valley grants paid. Grants paid under the Legacy & Family Interest program area represented 42% of the total grantmaking in 2009, up slightly from 38% in 2008. Fiftieth Anniversary grants account for $3,600,000 of the $6,401,800 in Legacy & Family Interest grants paid. Directors’ Discretionary grants and Support of Philanthropy grants each represent about 1% of the Foundation’s total grantmaking, which is the same as in 2008.

Grants by Type of Support

In 2009, the grants most frequently paid by type of support were project support grants, followed by general operating support; grants for management assistance rounded out the top three categories by type of support in terms of number of grants. This is unchanged from the prior year.

In terms of dollars paid, building / renovation grants represented the largest category, accounting for 30% of the total for the year. This is a notable shift from the prior year, primarily due to a number of large payments made in 2009 on 50th anniversary grants, as well as the Foundation’s final payments towards several Mid-Hudson Valley capital projects including an addition to the Dyson Center at Marist College, renovations of the Bardavon, and construction of the Beacon Institute for Rivers and Estuaries. Project support and general operating support grants each represented the next largest dollar amount as a percentage of grants at 22% each. All other categories combined represent 26% of the total grant dollars paid for the year.

Mid-Hudson Valley Grants by Type of Support, 2008 & 2009

Of the 275 grants made in 2009, 162 were Mid-Hudson Valley grants. The type of grants most frequently paid in the Mid-Hudson Valley were project support grants followed by management assistance grants.

In terms of dollar amount, building / renovation grants equaled 27% of the total Mid-Hudson Valley grant dollars closely followed by project support grants at 26%. Again, this is a notable shift from the prior year, when project support grants made up 49% of total Mid-Hudson Valley grant dollars (see prior page for discussion of this change). General operating support grants grew to 22% of total grant dollars, which is a significant increase over the prior two years. General operating support grants made up only 9% of total Mid-Hudson Valley grant dollars in 2007, and 14% in 2008.

Legacy & Family Interest Grants by Type of Support, 2008 & 2009

Of the 275 grants paid in 2009, 65 were Legacy & Family Interest grants. The type of grants most frequently paid in this program area were grants for general operating support.

In terms of dollar amount, building / renovation grants accounted for 36% of the total grantmaking in this area. General operating support accounted for 23% of the grant dollars. Project support and endowment support each accounted for 16%, and scholarship grants accounted for 8% of the total grantmaking in this program area.

Directors’ Discretionary Grants by Type of Support, 2008 & 2009

Of the 275 grants paid in 2009, 35 were Directors’ Discretionary grants, of which 48% were for general operating support.