Pioneer Bank Charitable Foundation logo

Pioneer Bank Charitable Foundation

ALBANY, NY EIN: 47-5039080 Website

Pioneer Bank Charitable Foundation is a corporate foundation based in Loudonville, New York, established in 2019. The foundation is a 501(c)(3) organization dedicated to supporting charitable initiatives in the Capital Region that serve children and families in need.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.6M

+18.9% YoY

Annual Giving

$386K

+41.7% YoY

Grant Count

135

-2.2% YoY

Avg Grant Size

$3K

+44.9% YoY

Under IRS private-foundation payout rules, Pioneer Bank Charitable Foundation reported a distributable amount of $276K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's mission is "Helping Kids Be Kids." The foundation supports nonprofit organizations that provide:

  • Education and learning opportunities
  • Food, shelter, and aid
  • School supplies
  • Youth sports sponsorships
  • Lifesaving services
  • Wellness initiatives
  • Housing, nutrition, and health care services
  • Educational, social, and recreational programs

Grantmaking

Charitable requests require establishing an employee link prior to submission, with requests reviewed by a committee for consideration.

How to Apply

**

Ready to take the next step with Pioneer Bank Charitable Foundation?

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New York, Pennsylvania, and Connecticut, with a particular emphasis on the Capital Region of New York.

Grant Distribution by State

8states

Cities

AlbanyAltamontAmsterdamAverill ParkBallston SpaBostonBurnt HillsCairoCastletonClifton ParkCohoesColonieCropseyvilleDelmarDes MoinesEast GreenbushGlenhamGlenmontGlens FallsGlenville

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $5.52 million
  • Total Revenue: $286,000
  • Total Expenses: $371,000
  • Total Liabilities: $50,000

Cumulative Impact: Since its formation in 2018, the Pioneer Bank Charitable Foundation has invested $1.9 million in financial support to well over 400 Capital Region nonprofits.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$192K$384K$576K$768K20202021202220232024
Metric202420232022
Total Assets$6,561,566$5,517,452$6,275,269
Revenue$698,281$285,634$678,548
Expenses$408,693$371,271$333,224
Qualifying Distributions$400,128$288,860$301,510
Net Investment Income
Distributable Amount$275,883$252,732$267,931

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$193K$290K$386K73 grants2020114 grants2021140 grants2022138 grants2023135 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAKE-A-WISH OF NORTHEAST…$12KEMPIRE CENTER FOR PUBLIC…$10KVANDERHEYDEN$10KMAKE-A-WISH OF NORTHEAST…$10KAMERICAN CANCER SOCIETY …$9KJEWISH FAMILY SERVICES$5KNORTHERN RIVERS FAMILY S…$5KSPECIAL OLYMPICS NEW YORK$5KAIM SERVICES INC$5KCYSTIC FIBROSIS FOUNDATION$5K

Grant Size Distribution

250 grants across all recorded years

250<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Make-a-wish of Northeast New York ($12,000), Empire Center for Public Policy Inc ($10,000), Vanderheyden ($10,000).

RecipientPurposeAmount
JEWISH FAMILY SERVICES ALBANY, NY2024 DONATION$5,000
EMPIRE CENTER FOR PUBLIC POLICY INC ALBANY, NY2024 DONATION$10,000
EPILEPSY FOUNDATION OF NENY ALBANY, NY2024 SPONSOR$2,500
COLONIE SENIOR SERVICE CENTERS INC COLONIE, NY2024 SPONSOR$1,000
CASA THE CENTER FOR COMMUNITY JUSTICE SCHENECTADY, NY2024 DONATION$500
GIRLS ON THE RUN CAPITAL REGION ALBANY, NY2024 SPONSOR$500
LEUKEMIA & LYMPHOMA SOCIETY NEW YORK, NYLLS/CANIDATE TEAM TO SUPPORT: KAITLYN HANSEN$50
NISKAYUNA BASEBALL LTD NISKAYUNA, NY2024 TEAM SPONSORSHIP$500
NORTHERN RIVERS FAMILY SERVICES ALBANY, NY2024 CORPORATE PARTNER$5,000
THE BUS STOP CLUB INC EAST GREENBUSH, NY2024 SILVER SPONSOR$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS L AMELLCO-CHAIRPERSON1
PATRICK J HUGHESTREASURER1
SUSAN M HOLLISTERCO-CHAIRPERSON1
ANNMARIE PERECHINSKYDIRECTOR1
JESSE A TOMCZAKDIRECTOR1
DR FARZAD SANIDIRECTOR1
KELLI ARNOLDVICE-CHAIRPERSON AND SECRE1

Recent News & Activity

Recent developments and announcements

2024

In 2024, the foundation donated $100,000 to 20 Capital Region nonprofit organizations as part of Giving Tuesday celebrations, providing $5,000 grants to each organization. Recipients included nonprofits supplying housing, nutrition, health care, and educational, social, and recreational programs for vulnerable children in the region.

Pioneer Celebrates Giving Tuesday by Donating $100,000 to 20 Capital Region\

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Pioneer Bank Charitable Foundation fund?

The foundation's mission is "Helping Kids Be Kids." The foundation supports nonprofit organizations that provide: • Education and learning opportunities • Food, shelter, and aid • School supplies • Youth sports sponsorships • Lifesaving services • Wellness initiatives • Housing, nutrition, and health care services • Educational, social, and recreational programs

How do I apply for a grant from Pioneer Bank Charitable Foundation?

**Grant Activity:** • In 2023, the foundation made 140 grants • Typical grant awards range from $50 to $50,000 • Recent grants include $8,625 to Northern Rivers Family Services (2023) and $6,500 to Boys and Girls Clubs of Schenectady (2023) **Funding Mechanisms:** • The foundation hosts multiple fundraising events including a Grand Carnival, Mini Golf Tournament, and Community Drives • "Pioneers with Purpose" grants are fully supported by employee donations made throughout the year; agencies ar…

Where does Pioneer Bank Charitable Foundation make grants?

The foundation primarily funds organizations in New York, Pennsylvania, and Connecticut, with a particular emphasis on the Capital Region of New York.

What size grants does Pioneer Bank Charitable Foundation award?

In 2024, Pioneer Bank Charitable Foundation awarded 135 grants totaling $386K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Pioneer Bank Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pioneer Bank Charitable Foundation reported a distributable amount of $276K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pioneer Bank Charitable Foundation's EIN?

Pioneer Bank Charitable Foundation's EIN (Employer Identification Number) is 47-5039080. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Pioneer Bank Charitable Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Pioneer Bank Charitable Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Pioneer Bank Charitable Foundation to a real strategy.

Plan your approach