Fulton Savings Bank recently pledged a $50,000 commitment to the Oswego County Community Foundation.
This gift, which will be fulfilled over five years, will help the foundation reach its endowment fundraising goal of $500,000.
“We sincerely appreciate Fulton Savings’ support and confidence in the Oswego County Community Foundation,” said Nancy Bellow, Foundation Council chair. “We’re thrilled to be making strides towards our endowment goal.”
The bank has eight operating branches within the Oswego and Onondaga county area, and takes pride in building trusted financial means for the generations of these counties.
“On behalf of the Fulton Savings Bank family it is our pleasure to support the Oswego County Community Foundation,” said Michael J. Pollock, president and CEO of Fulton Savings Bank. “This donation is an investment in the future of our 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.
“These funds plant a seed that will grow, pay dividends for years to come and will support many meaningful community endeavors,” said Pollock. “Hopefully our investment will entice other organizations and businesses to join in on the ground floor of this worthwhile initiative.”
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
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.