With seven offices covering five counties, Planned Parenthood has been providing reproductive health care for the North Country since 1966. Six out of ten of their patients go to no other health care provider at all. In a move to help secure lasting financial stability, Planned Parenthood of the North Country New York (PPNCNY) has established an endowment fund at the Adirondack Community Trust (ACT).
Martha Stahl,Vice President of External Affairs said, "Until now, PPNCNY has had to depend on annual fundraising. About a year ago our former president and CEO, Kathie Wunderlich, decided that a fund with ACT would encourage sustainability." PPNCNY's new president and CEO, Betsy Brown, agreed: "It truly is a good model, creating a healthier financial position for us," she said.
A recent anonymous donation of $10,000, combined with a previous endowment gift that had been kept in a low-interest-bearing saving account, gave PPNCNY a strong start for its endowment fund at ACT.
"The only way we can grow our resources is through the generosity of donors," said Brown, "which is why we are so grateful for this anonymous contribution." The Fund with ACT will help PPNCNY be prepared to meet community needs in rapidly changing times.
"The saying goes," said Stahl, "that a rising tide raises all boats. It is clear that ACT is one of the catalysts in making tides rise for philanthropy within the Adirondack Park."
ACT is the community foundation encouraging philanthropy to serve the Adirondacks and beyond since 1997. More than 50 nonprofit organizations have endowment funds invested with ACT.