Adirondack Community Trust
Lake Placid The Samwise Fund at the Adirondack Community Trust (ACT) has received a major gift of $300,000 from its founders, Elise and Woody Widlund. The gift doubles the size of the fund, which will mean larger annual grants to the charitable organizations the Widlunds care most about.
“Our goal is to make sure each of these organizations receives a reliable and significant grant from the Samwise Fund every year,” Elise Widlund, who serves on the ACT Advisory Council and has until recently been an advisor of the Community Fund for the Gore Mountain Region (CFGMR), a component fund of ACT, said.
The Samwise Fund is an endowment that is pooled and invested with the other funds at ACT to generate income for grantmaking.
“We like the idea that the Samwise Fund will keep on giving for the long term,” Woody Widlund said. “These organizations are doing work we want to see continue.”
The Widlunds have devoted their lives to community service and philanthropy. Their Adirondack footprint includes the Tannery Pond Community Center in Johnsburg, public access to 13th Lake in North River, a renovated house donated to the Adirondack Housing Trust, CFGMR, and the Adirondack Trek program that motivates local young people to get outside and leave their electronics behind.
Designated nonprofit organizations will receive Samwise grants:
•Crane Mountain Valley Horse Rescue of Westport is dedicated to equine rescue and rehabilitation and to restoring horsemanship, the heritage and humane treatment of the horse (cmvhr.org). Nancy and Eddie Mrozik take in horses that have been abused, abandoned or are otherwise in need, bring them back to health and wellbeing, and, in time, find forever adoptive homes for them.
•Community Fund for the Gore Mountain Region, was established in 2005 to ensure that Johnsburg, Chestertown, Minerva, Schroon Lake and Horicon have permanent charitable resources, raised and allocated by local people, to address local needs.