$7.2M in expenses

See schedule o.the foundation administers more than 472 charitable funds, and in partnership with our donors, provides leadership and support for some of the capital region's most important human service, education, arts/culture, community improvement and housing/shelter initiatives.since our founding in 1968, the foundation has awarded more than $132.5 million to support the capital region and beyond. In 2024, the foundation granted and facilitated over $6.2 million in 1,700 grants. Of these grants, 235 nonprofit programs received up to $5,000 each. The top focus areas to which grants were awarded in 2024 were human services, education, arts/culture/humanities, housing and shelter, and community improvement/capacity building.the foundation maintains a focus on investing in the capacity of local nonprofits, in order to help them operate and serve their populations more effectively. We accomplish this through modest grant awards to support infrastructure, human resources, and management/board training upgrades, as well as our support for, and coordination of, the capacity building mini-grant program. This program, offered free each year, consists of a series of half-day workshops for nonprofit leaders and their board members on a wide range of topics, such as personnel risk management, regulatory changes affecting the nonprofit field, development and communications, and technology solutions.the foundation awards grade school, college, and continuing education scholarships to hundreds of local scholars each year. The foundation's largest scholarship fund is the phyllis e. Dake "make your own" scholarship fund (ped), which provides college funding for children of stewart's shops employees. In 2024, the ped scholarship granted more than $443,000, combined with the foundation's other scholarship funds, resulted in distributing more than $715,000 granted through 173 scholarships.