In
1945 five public-spirited businesspersons, Paul Brainard, William
Burns, Sherman Peer, George Rogalsky and Gerald Williams, dreamt of
a way to provide for the betterment of the community that they had grown
to love. They established a non-profit trust whose objective was to
establish a means by which they and others who shared their feelings
could express their gratitude and love for their community by donating
resources to be used to enrich the quality of life for citizens of Tompkins
County.
The Trust
began with four gifts totaling $22,600. It grew through family and individual
bequests to almost $1 million by 1990 and today, with additional bequests
and well managed investments, it is in excess of $3 million. It was
initially known as the Ithaca Foundation, later changing its name to
The Tompkins County Foundation to reflect the expanding breadth of its
impact. In 2007 it was renamed Legacy Foundation of Tompkins County
to better differentiate its position in the community and highlight
its mission: to make a positive impact upon the quality of life in our
community.
Past
Presidents
Sherman
Peer | 12/1945 - 10/1953 | 8 years
Paul Brainard | 10/1953 - 01/1955 | 1 year
Lewis Durland | 01/1955 - 01/1962 | 7 years
Charles Treman, Jr. | 01/1962 - 04/1966 | 4 years
T. B. Maxfield | 04/1966 - 03/1967 | 1 year
V. A. Fogg |03/1967 - 06/1977 | 10 years
W. R. Farnsworth | 06/1977 - 06/1980 |3 years
Anthony DiGiacomo | 06/1980 - 05/1992 | 12 years
James Morley | 05/1992 - 05/1995 | 3 years
Fred Martin | 05/1995 - 04/1997 | 2 years
Bonnie Howell | 04/1997 - 05/2000 | 3 years
Larry Baum | 05/2000 - 05/2003 |3 years
Arthur Pearce | 05/2003 - 05/2006 |3 years
Pat Johnson | 05/2006
The board consists of five directors who serve for five years and may
be reelected three times in succession for a total of 15 years. The
charter allows for four additional members of the board titled "directors
at large" who serve for two years and may be reelected three times
in succession totaling 6 years. The five directors shall be selected
as follows: (1) The Chief Financial Officer of Cornell University or
that persons designate; (2) Two public spirited citizens representing
the business community, each with experience within either the Chamber
of Commerce or the United Way of Tompkins County, (3) Two persons from
the banking institutions in Ithaca, New York, one of whom shall be the
Chief Executive Officer of the Tompkins Trust Company or that persons
designate.
The board
meets, formally, three times a year. Once for general business review
and election of officers and twice to review grant applications, approve
funds distribution and conduct other business. Special meetings are
called as needed.
Contact
us for further information or questions.
©
2008 The Legacy Foundation of Tompkins County. All rights reserved.
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