Endowments at Adirondack Health

Investing in the Future of Local Healthcare

Endowed funds are a powerful way to create a legacy and ensure Adirondack Health continues to provide exceptional care for generations to come. When you establish or contribute to an endowed fund, your gift is invested, and a portion of the earnings is used annually to support the purpose you care most about—while the principal remains intact to grow over time.

How Endowments Work

• Minimum to Establish: $25,000
• Payment Period: May be fulfilled over a period of up to five years
• Activation: Funds cannot be used until the minimum opening balance is reached
• Spending Policy: In accordance with the Adirondack Health Foundation’s investment policy, 4% of the fund’s average balance is available annually for use. Any unspent earrings will be invested into the fund for growth.

Current Named Endowed Funds

Harris Endowed Fund

Supports the operating costs of the lap pool at the Lake Placid Health & Medical Fitness Center. May also be used for major repairs or replacement expenses related to the pool that exceed the annual spending allowance.

Nursing Legacy Endowed Fund

Honors Adirondack Health nurse known for:

• Compassionate caregiving
• Mentorship of younger nurses
• Clinical intuition and technical skill
• Strong rapport with patients, families, and colleagues
• Supports initiatives that recognize and foster these qualities in nursing.

Meghan Handler Endowed Fund

Supports registered nurses with 12–36 months of experience across departments such as ER, ICU, Medical/Surgical, OB, OR, ASU, Colby, Endoscopy, Oncology, and Renal.

With focuses on:

• Continued professional growth
• Technical proficiency
• Compassionate care
• Team collaboration and efficiency

Reich Family ICU Endowed Fund

Provides annual support for ICU staff education and enhancement, including:

• Continuing education
• Critical Care certification
• Advanced degree coursework
• Guest lectures
• Minor medical equipment for the ICU

Lockwood Endowed Fund

Designated for capital expenditures that help strengthen Adirondack Health’s infrastructure and ability to serve our region.

Your Legacy Begins Here

Whether you are honoring a loved one, recognizing the impact of a caregiver, or investing in a department close to your heart, an endowed fund is a meaningful and enduring way to give back.

To learn more about creating or contributing to an endowed fund, please contact: