The Albany Area Education Foundation is a Partner Fund of the Initiative Foundation led by an advisory board of local volunteers who have made a commitment to strengthen our communities. Created in 2017, our vision is to expand opportunities for our students by helping to raise funds to fuel school initiatives and programs.
Education foundations are tax-exempt public charities serving thousands of people who share a common interest – improving their schools! We provide the leadership to help people give back to Albany Area Schools with measured impact and great meaning.
As local volunteers, we know our neighbors, share your interests, and are invested in the future of our schools and community. Our partnership with the Initiative Foundation combines local knowledge and leadership with professional expertise and guidance to identify community needs, serve donors, and manage our investments.
By promoting local philanthropy, we strive to strengthen our community by connecting people, resources, and needs. Our endowment fund is a charitable investment account in which the principal contributions are never spent; only the earnings provide a flexible, dependable funding stream to support important projects.