From the Times Union:
The Community Foundation for the Greater Capital Region is a quiet benefactor for countless local nonprofits.
After closing the books on 2017, the nonprofit foundation announced that it made/facilitated $5.4 million in grants, an increase of more than $1 million over 2016.
The foundation manages millions of dollars in assets through 400-plus separate charitable funds and works closely with fund holders and donors to determine how money should be allocated.
More than $330,000 was recently distributed to Capital Region nonprofits in the first round of grants from the Hortense and Louis Rubin Community Health Fund.