Over $21 Million Awarded to Community’s Organizations
Foundation created by SUNY professor and his wife has recently surpassed $20 million in donationsBy Stefan Yablonski The Richard S. Shineman Foundation has been helping to improve the quality of life in Oswego County and Central New York since its inception 2011. It has awarded more than $21 million in grants during this period.Oswego County Business Magazine recently sat down with Chena Tucker, director of the foundation, to delve into the foundation’s mission and its impactful work in the community.Established by Richard and Barbara Shineman, the foundation aims to be a “catalyst for change” — a vision deeply shared by its leadership team.“We have provided more than 750 gifts to more than 189 recipients through various types of grants, including strategic grants, mini-grants and community enrichment grants,” Tucker said.This significant financial commitment highlights the foundation’s dedication to fostering positive change across Oswego County, she added. The leadershipTucker oversees the foundation’s overall direction and management.Kelly Green, the grant program and event coordinator, manages the grant-awarding process and outreach events.The foundation is governed by a nine-member board, which makes all final decisions on grant awards.Tucker explained the foundation’s spending practices, including a mandated 5% payout rule that ensures a portion of the endowment is (more…)