Adirondack Trust Company Community Fund

What Adirondack Trust Company Community Fund does

The Adirondack Trust Company Community Fund is a 501(c)(3) nonprofit organization established in 2009 and headquartered in Saratoga Springs, New York. It operates as a regional community foundation serving Saratoga, Warren, and Washington Counties, with Adirondack Trust Company serving as Trustee and Administrator providing administration at no charge and a discounted 0.5% investment management fee. Its product surface consists of three core offerings: the Donor Advised Fund (minimum $5,000 initial contribution, $1,000 subsequent), the General Fund for unrestricted tax-deductible donations of any amount, and the flagship Lend-A-Hand Grant program, which has awarded over 270 grants (cumulatively 305+ per current site copy) totaling nearly $530,000 to local 501(c)(3) nonprofits since 2013.

Revenue is generated through donor contributions to either fund vehicle, plus an annual Autumn of Giving Campaign each October in which local business partners run promotions whose proceeds are matched dollar-for-dollar by Adirondack Trust Company. Supplementary event revenue comes from the Evening of Autumn Giving fundraiser at $50 per ticket, with sponsor tiers ranging from $1,000 (Giving Tree) to $5,000 (Harvest Moon). An Independent Advisory Committee of 11 community members (chaired by Brian Straughter) reviews grant applications and guides governance, while day-to-day operations are run by a single staff liaison, Michael Brodt, with Celia Vincek serving as the point of contact on the parent-bank side. The 2025 grant cycle disbursed $97,150 across 37 organizations, and the 2025 Autumn of Giving campaign raised over $94,000.

The fund's distribution model is community-led: a dense network of local media (Saratoga Business Journal, Froggy 101.3, Sara Today Newspaper, Saratoga Living Magazine) and business sponsors (Roohan Realty, Saratoga Casino Hotel, Saratoga Honda, Skidmore College, Cudney's Launderers, among others) provides reach, while the same bank's matching model effectively doubles the impact of donor contributions. Online donations are processed via a PCI-DSS-compliant third-party payment gateway. There are no external investors, no funding rounds, no subsidiaries, and no geographic expansion beyond the three-county service area; growth has been incremental, scaling the grant cohort and broadening the sponsor base rather than entering adjacent markets or product lines.

Name

Adirondack Trust Company Community Fund

Legal name

Adirondack Trust Company Community Fund

Website

https://atccf.org

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

The Adirondack Trust Company Community Fund is a 501(c)(3) nonprofit community foundation in Saratoga Springs, NY that operates Donor Advised Funds, a General Fund, and the Lend-A-Hand Grant program for 501(c)(3) nonprofits across Saratoga, Warren, and Washington Counties, supported by an annual dollar-for-dollar matching campaign from Adirondack Trust Company.

Ownership category

akta.pro rank

Product category

Community Foundation Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Grantmaking and Giving Services (8132)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industries

Private Foundations (BPAGAKAA), Public Charities & Grantmaking Intermediaries (BPAGAKAE), Capacity Building & Nonprofit Infrastructure Funders (BPAGAKAO)

Keywords

• Community foundation grants
• Donor advised fund
• Charitable giving vehicles
• Nonprofit grantmaking
• Local philanthropy services

Headquarters

HQ city

Saratoga Springs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Others

Revenue model

1. Donor Contributions: Tax-deductible donations from individuals, families, and businesses to either the General Fund (any amount) or Donor Advised Fund (minimum $5,000 initial, $1,000 subsequent).
2. Autumn of Giving Campaign: Annual fundraising campaign during October where business partners run promotions and proceeds are matched dollar-for-dollar by Adirondack Trust Company.
3. Event Revenue: Evening of Autumn Giving fundraiser tickets ($50/person) and sponsorship revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

The Adirondack Trust Company Community Fund is a 501(c)(3) nonprofit foundation that channels philanthropic capital to local charities in Saratoga, Warren, and Washington Counties, New York. It administers Donor Advised Funds and a General Fund for tax-deductible charitable giving, and awards Lend-A-Hand Grants to qualifying local nonprofits through an Independent Advisory Committee. The fund is administered at no charge by Adirondack Trust Company as Trustee, with a 0.5% annual investment management fee on Donor Advised Funds.

Product overview

The Adirondack Trust Company Community Fund operates as a 501(c)(3) nonprofit foundation established in 2009 to serve as a perpetual source of philanthropic support for local charities. The organization offers two primary giving vehicles: the General Fund for unrestricted charitable contributions and individual Donor Advised Funds (DAF) for donors who wish to recommend grant recipients. The flagship program is the Lend-A-Hand Grant, which has awarded over 270 grants totaling nearly $530,000 since 2013. The organization also runs seasonal fundraising initiatives including the Autumn of Giving Campaign and the Evening of Autumn Giving event.

Differentiator

Problem solved

Functional benefit

Products and services

• Lend-A-Hand Grant Program Annual grant program that awards funding to local 501(c)(3) nonprofit organizations in Saratoga, Warren, and Washington Counties. Since 2013, over 305 grants totaling nearly $530,000 have been awarded to support programs in veterans outreach, STEM education, summer lunch programs, wildlife education, homelessness prevention, youth services, and the arts.
• Donor Advised Fund (DAF) A charitable giving vehicle that allows donors to make tax-deductible contributions while retaining the ability to recommend grants to qualifying 501(c)(3) charities over time. Minimum initial contribution of $5,000, subsequent contributions of $1,000 or more, and individual grants as low as $250. A 0.5% annual investment management fee applies (waived the first year).
• General Fund A perpetual fund that accepts tax-deductible donations of any amount to support charitable organizations in Saratoga, Warren, and Washington Counties. Distributions are guided by the Independent Advisory Committee.
• Autumn of Giving Campaign Annual October fundraising campaign that raises funds through local business partner promotions and donors to support the Lend-A-Hand Grant program. Proceeds are matched dollar-for-dollar by Adirondack Trust Company; the 2025 campaign raised over $94,000.
• Evening of Autumn Giving Annual fundraising event held in October to celebrate organizations supported by the Lend-A-Hand Grant program, featuring guest speakers and ticket sales at $50 per person, plus sponsorship opportunities.

Quantifiable outcome

• 305 Lend-A-Hand grants awarded since 2013
• +1 more outcomes

Named customers9 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core, major and flagship.

• Saratoga Business JournalcoreGTM or Marketing Partner · 1 January 2025Media sponsor for the Autumn of Giving campaign, providing promotional support for the annual giving initiative.
• Froggy 101.3coreGTM or Marketing Partner · 1 January 2025Radio media sponsor for the Autumn of Giving campaign, providing promotional support for the annual giving initiative.
• Sara Today NewspapercoreGTM or Marketing Partner · 1 January 2025Media sponsor for the Autumn of Giving campaign, providing promotional support for the annual giving initiative.
• Saratoga Living MagazinecoreGTM or Marketing Partner · 1 January 2025Media sponsor for the Autumn of Giving campaign, providing promotional support for the annual giving initiative.
• Roohan RealtymajorGTM or Marketing Partner · 1 January 2025Business sponsor at Harvest Moon level ($5,000) for the 2025 Autumn of Giving campaign.
• Saratoga Casino HotelmajorGTM or Marketing Partner · 1 January 2025Business sponsor at Giving Tree level ($1,000) for the 2025 Autumn of Giving campaign.
• Saratoga HondamajorGTM or Marketing Partner · 1 January 2025Business sponsor at Giving Tree level ($1,000) for the 2025 Autumn of Giving campaign.
• Saratoga Water Services, Inc.majorGTM or Marketing Partner · 1 January 2025Business sponsor at Giving Tree level ($1,000) for the 2025 Autumn of Giving campaign.
• Skidmore CollegemajorGTM or Marketing Partner · 1 January 2025Business sponsor at Giving Tree level ($1,000) for the 2025 Autumn of Giving campaign.
• Turf HotelsmajorGTM or Marketing Partner · 1 January 2025Business sponsor at Giving Tree level ($1,000) for the 2025 Autumn of Giving campaign.
• Cudney's Launderers & Dry CleanerscoreGTM or Marketing Partner · 1 January 2025Business partner participating in October promotions ($2 per blanket or comforter cleaned donated). Also a Harvest-level sponsor.
• Country Corner CafecoreGTM or Marketing Partner · 1 January 2025Business partner running Thursday coffee promotions in October with $1 donated per cup purchased.
• Dark Horse MercantilecoreGTM or Marketing Partner · 1 January 2025Business partner running 'Sock' tober fest promotion with 10% of sock sales donated during October.
• Northshire BookstorecoreGTM or Marketing Partner · 1 January 2025Business partner offering round-up donations during October purchases.
• Pizza WorkscoreGTM or Marketing Partner · 1 January 2025Business partner donating 15% of 'apple crisp' pizza proceeds during October.
• Putnam Market & WinecoreGTM or Marketing Partner · 1 January 2025Business partner donating 10% of all gross sales on October 31.
• Saratoga Strike ZonecoreGTM or Marketing Partner · 1 January 2025Business partner donating 10% of open bowling sales on October 6.
• Adirondack Trust CompanyflagshipStrategic or Co-development Partner · 1 January 2009Adirondack Trust Company serves as Trustee and Administrator of the ATC Community Fund. The company provides administration at no charge and matches donations dollar-for-dollar during the Autumn of Giving campaign.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Schwab Charitable: One of the largest national Donor Advised Fund sponsors. Competes for the same donor-advised giving dollars as ATC Community Fund, but operates nationally and at far greater scale with lower minimums and broader investment options.
• Fidelity Charitable: The largest national DAF sponsor. Offers a similar donor-advised giving product with broader investment menus and lower minimums, representing a competitive alternative for local donors considering ATC Community Fund's DAF.

Direct peers

• Community Foundation of Tompkins County: A regional New York community foundation providing DAFs, competitive grants, and scholarship programs to a defined upstate county service area. Directly comparable structure to ATC Community Fund in size and rural-upstate focus.
• Adirondack Foundation: A regional community foundation serving the Adirondack region of New York, overlapping with ATC Community Fund's geographic catchment. Operates donor advised funds and makes competitive grants to local nonprofits in similar program areas.
• Rochester Area Community Foundation: A larger New York State community foundation offering Donor Advised Funds and competitive grantmaking. Comparable operating model (DAFs, grant cycles, community-focused endowment), though at meaningfully greater scale.
• Northern New York Community Foundation: A community foundation serving a similar small-region upstate New York footprint, offering DAFs and competitive grant rounds to local nonprofits. Highly comparable in mission, geographic scope, and giving-vehicle offerings.
• The Community Foundation for the Greater Capital Region: A community foundation serving the greater Capital Region of New York (immediately adjacent to ATC Community Fund's service area). Operates DAFs, makes grants to local nonprofits, and competes for the same pool of regional donors and nonprofit beneficiaries.
• United Way of the Greater Capital Region: A regional nonprofit that runs workplace giving campaigns and community grant rounds in the same Capital Region/Northern New York footprint as ATC Community Fund, competing for the same pool of donor dollars and nonprofit partnerships.
• Central New York Community Foundation: A Syracuse-based community foundation offering Donor Advised Funds and grantmaking across Central New York. Similar governance (independent advisory), DAF product, and grant cycle to ATC Community Fund's model.

Regional players

• M&T Charitable Foundation: A bank-affiliated community foundation associated with M&T Bank. Structurally analogous to ATC Community Fund's relationship with Adirondack Trust Company — a community grantmaking vehicle backed by a regional bank with regional matching and grant programs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/adirondacktrustcompanycommunityfund

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adirondack Trust Company Community Fund