A Bridge to the Future

 

For All of Us

The Allegany County Area Foundation (ACAF) offers an opportunity for everyone to invest in the present and future of Allegany County, NY. Support for the Foundation comes from local individuals, civic groups, businesses, and estates. We also receive a number of donations annually from persons who left Allegany County years ago but retain a fondness for their former home and want to support our local students, organizations and communities.

 

ACAF and the Allegany County United Way are working together to help those feeling the economic impact of the Coronavirus pandemic. Learn more about this effort.

News & Information

ACAF Grants Have Supported

Highlighted Funds

United Way, ACAF Relief Fund Grants Support Allegany County

(July 2020) With the Coronavirus pandemic creating significant economic disruption in our area, the Allegany County Area...

March ACAF Grants

(April 2020) In March, the Grant Committee of the Allegany County Area Foundation approved $500 grants to the Fillmore Central...

CARES Act and Charitable Giving

The CARES Act includes provisions that incentivize donors to make charitable contributions that can help non-profits during...

The Arts

Shake on the Lake

After School Programing

 

Youth Mentoring in Schools

Preserving Local History

College Scholarships

School Security Enhancement

Library Programs

Scholarship Will Support Wellsville Area Homeschoolers

(January 2020) New York and Pennsylvania current and future college students who have pursued their high school studies through the...

New Scholarship Honors Carl Atwell, Supports ACS Students

(Jan. 2020) The Carl Atwell Memorial Scholarship has been established to benefit an Andover Central School senior who demonstrates a...

Kelley Scholarship will assist Genesee Valley and Fillmore students

(Sept. 2019) The family of Leonard and Margaret Kelley has established a scholarship with the Allegany County Area Foundation...

What is the Allegany County Area Foundation?

Founded in 1983, the Foundation is a non-profit organization that manages donations and endowments (now $10M) and devotes the earnings from those funds to efforts that serve the educational, social, cultural and wellness needs of Allegany County residents. The Foundation awards scholarships to individuals and grants to community non-profits. It helps organizations secure their futures by managing endowment funds and works with individuals (and their advisors) – helping them to establish endowments that create a lasting benefit to their causes and interests.

Why a community foundation?

The community foundation movement started with the founding of the Cleveland (OH) Foundation in 1914. There are now 700 such organizations in the US, and 1700 worldwide. ACAF is in this tradition. Community foundations provide for the pooling of donations and efficient investing of funds and coordinated grantmaking for the benefit of a specific community or region.

What We do

The Allegany County Area Foundation was established in 1983, with scholarships our primary focus. That continues to be our main activity, though our grantmaking has increased significantly in recent years. We currently manage 37 scholarship and 23 grant programs that have been created through gifts and endowments from individuals, business and organizations. These funds and the students and programs they support are described on the pages of this web site.

Our annual support for Allegany County approximates $250,000 for scholarships, and $60,000 in grants. ACAF’s assets of $10,000,000 are invested with Vanguard and overseen by the Foundation’s Investment Committee.

What fund options does the Foundation have?

ACAF offers donors the opportunity to establish (or support existing) Field of Interest funds, Donor-Advised funds, general unrestricted funds, and scholarships. 

ACAF Founder Peter Sprague: A man with a vision and on a mission

Judge Peter Sprague, founding member of the Board of Directors of the Allegany County Area Foundation had a vision and a belief…

Scholarships 2020

Allegany County produces many outstanding students and ACAF is pleased that we are able provide them with $275,000 in scholarships for this upcoming 2020-2021 school year. We encouraged recipients to send a photo. Shown below are several of these young adults that benefitted from the generosity of our donors.

More News

Shop With A Cop Grant Supports Foster Care Christmas Party

Shop With A Cop Grant Supports Foster Care Christmas Party

(Dec. 2019) When the Wellsville Kmart closed in March of this year, it effectively ended the local Shop With A Cop (SWAC) program. This summer, the SWAC Committee used its remaining resources to set up an endowed fund with the Allegany County Area Foundation. The...

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ACAF Grant Benefits Pioneer Oil Museum

ACAF Grant Benefits Pioneer Oil Museum

(Oct 2019) The Allegany County Area Foundation recently presented a $1000 grant to the Pioneer Oil Museum. This support came from ACAF’s Allegany Fund, which supports a variety of Allegany County non-profit organizations The Foundation funds were used to help pay for...

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Foundation Funds Support Local Libraries

The Allegany County Area Foundation recently presented grants to the Andover, Friendship, and Scio libraries. This support came from designated funds – endowments that have been set up for the benefit of these specific organizations. Scio Memorial Library receives...

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Your Community, Your Foundation, Your Legacy

Thank you for your consideration. If you wish to support the Foundation but prefer to do so by check, you can send that to: 

Allegany County Area Foundation
6087 State Rte. 19N
Belmont, NY 14813

Our phone number: 585-296-5616

Get In Touch

Our Events

ACAF Board Meeting (via Conference call)
When: July 22, 2020 @ 4:30 pm – 5:15 pm Where: Conference Call  
Read more.