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Cloudsplitter Foundation

SARANAC LAKE, NY EIN: 22-2784895 Website

Cloudsplitter Foundation is a private philanthropic organization based in Saranac Lake, New York. The foundation provides grants and loans to support environmental and community programs, with a particular focus on the Adirondack region. The foundation was established in 1987 and is also known as the Ernest and Nancy Keet Foundation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.6M

+19.2% YoY

Annual Giving

$1.8M

+48.4% YoY

Grant Count

274

+81.5% YoY

Avg Grant Size

$7K

-18.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Cloudsplitter Foundation's philanthropic philosophy centers on using leverage to create lasting, recurring good rather than temporary relief. The foundation is guided by the principle of teaching rather than simply providing—similar to teaching someone to fish rather than giving them a fish for a day. The foundation self-initiates projects, provides bridge and matching financing to improve the success of larger grants, and partners with other nonprofits and state entities to multiply impact in the region.

The foundation supports a diverse range of nonprofit sectors including:

  • Social service organizations
  • Museums and art institutions
  • Theater companies
  • Libraries
  • Observatories
  • Public media
  • Environmental groups
  • Community organizations
  • Childcare centers
  • Healthcare institutions
  • Schools and colleges

Primary funding focus areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

Grantmaking

Recent grants documented include:

Grant Range

s and Types:**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in the Adirondack region of New York, with grant-making focus areas including New York, Vermont, and Pennsylvania. The foundation is particularly engaged with the Adirondacks community and maintains membership in the Funders For the Adirondacks (FFA) listserv, a network of funding organizations that support programs and people in the Adirondack region.

Grant Distribution by State

19states
+11 more states

Cities

AkwesasneAlbanyAlexandriaAmericusAmherstAmsterdamAtlantaAu Sable ForksAusable ForksBallston SpaBangorBloomingdaleBlue Mointain LakeBlue Mountain LakeBolton LandingBostonBrant LakeBridgeportBrooklynBuffalo

Financial History

Multi-year comparison from IRS filings

Assets:

  • Total assets: $32,556,545 (most recent filing)

Annual Activity:

  • Total giving: $1,843,143
  • Total revenues: $6,839,530 (2023)
  • Total expenses: $1,530,288 (2023)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$32,556,545$27,302,448$21,993,206
Revenue$7,538,611$6,839,530$588,250
Expenses$2,284,514$1,530,288$2,011,661
Qualifying Distributions$2,465,250$1,498,760$1,983,317
Net Investment Income$2,462,179$1,652,179$557,965
Distributable Amount$2,195,613$1,428,133$1,395,426

Giving Over Time

Total grant dollars and number of grants per year

$0$461K$922K$1M$2M111 grants2020142 grants2021148 grants2022151 grants2023274 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PAUL SMITH'S COLLEGE$40KTHE ANDREW GOODMAN FOUND…$30KNORTHERN FOREST CENTER$25KWILDERNESS HEALTHCARE FO…$25KADIRONDACK FOUNDATION$24KADIRONDACK LAND TRUST$10KHISTORIC SARANAC LAKE$10KST LAWRENCE COUNTY ARTS …$10KNORTH COUNTRY COMMUNITY …$8KTHE SEMBRICH$5K

Grant Size Distribution

250 grants across all recorded years

238<$50K7$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from Cloudsplitter Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Executive Director:

  • Daniel KieferBach - Executive Director with experience as Community Development Coordinator at LivingADK, where he developed grassroots community programs for towns in the Old Forge region

Director of Grants and Administration:

  • Chenelle Palyswiat - A native of Saranac Lake with a degree in Interior Design. She serves as a member of the ALICE Steering Committee and as an Elder at the First Presbyterian Church in Saranac Lake

Grants Advisor:

  • Kara Page - Brings 28 years of experience working with nonprofits, government, international institutions, and the private sector in environment, arts, and community development. Offers free advice and support to local nonprofits seeking increased funding from new grant-making sources

Board of Trustees:

  • Janet Bliss - Lake Placid native, B.A. in Economics from St. Lawrence University (1974), Juris Doctor (magna cum laude)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERNEST KEETBOARD CHAIR30
NANCY R KEETBOARD MEMBER5
GLENN KEETBOARD TREASURER5
MELISSA EISINGERBOARD MEMBER3
HOLLY WOLFFBOARD MEMBER15
DIANE FISHBOARD SECRETARY3
ROBERT BEIERBOARD MEMBER2
TRACY ORMSBYBOARD MEMBER3
JULIA GORENBOARD MEMBER2

Recent News & Activity

Recent developments and announcements

Emily Nobel Maxwell was announced as the incoming Executive Director, joining the foundation in January (based on news announcement timing).

The foundation has been actively making grants to local organizations, including recent support to childcare centers and community programs in the Ticonderoga area and other Adirondack communities. The foundation continues to expand its strategic approach beyond simply responding to grant requests, now self-initiating projects and providing bridge and matching financing to strengthen larger grant applications.

Ti childcare center awarded $25K Cloudsplitter Foundation grant ...

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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