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The Upstate Foundation was founded in 1976 as a 501(c)3 non-for-profit corporation. The corporation is a public charity designed to receive and administer gifts and bequests exclusively for charitable purposes with a focus on (1) the provision of patient health care, (2) the education of health care providers, (3) scientific research, and (4) community health and well-being. The Upstate Foundation is also the primary vehicle for receiving and distributing philanthropic gifts for Upstate Medical University.
The Foundation has 23 full- and part-time staff members, who with a 41-member board of directors, manage more than 1,000 funds; conduct multi-year, million-dollar endowment campaigns; lead capital campaigns; administer alumni associations for the Upstate colleges of Nursing and Health Professions; implement named giving and planned giving programs; run annual campaigns for Upstate University Hospital, Upstate Golisano Children’s Hospital and the Upstate Cancer Center; and sponsor several major fundraising events, and many third-party events, annually. In addition, the Foundation is home to the regional chapter of the Children’s Miracle Network Hospitals. The Foundation is largely self-supporting. Its assets managed total over $204 million.