Spotlight on Sponsors: Fenimore Asset Management and FAM Funds

By Gail Browning

Since the estab­lish­ment of Fen­i­more Asset Man­age­ment (FAM) 42 years ago, founder and chair­man Tom Put­nam has devel­oped a cul­ture of giv­ing to and invest­ing in non-prof­it and oth­er com­mu­ni­ty resources through­out the New York’s Cap­i­tal Region.

Fen­i­more Asset Man­age­ment is the advi­sor to FAM Funds, which main­tains a Con­tri­bu­tion Com­mit­tee whose mem­bers serve a two-year term. The committee’s pur­pose is to review fund­ing requests from non-prof­it orga­ni­za­tions and ini­ti­ate com­mu­ni­ty ser­vice projects. These projects have includ­ed: paint­ing the dress­ing rooms at Proctor’s The­ater; cook­ing and serv­ing food at the Sch­enec­tady City Mis­sion; sort­ing food at the Region­al Food Bank of North­east NY; restor­ing homes that were flood­ed dur­ing Hur­ri­cane Irene; var­i­ous tasks at the Cobleskill Fair­grounds; and paint­ing rooms and the gym­na­si­um at Sch­enec­tady ARC. The com­pa­ny also pro­vides under­writ­ing to sev­er­al char­i­ties to fund pub­lic ser­vice announce­ments on the radio.

The pin­na­cle of Fenimore’s year­ly finan­cial giv­ing occurs dur­ing the annu­al FAM 5K Fund” Run/​Walk. Since 1994, this char­i­ty event has been held each Sep­tem­ber, hav­ing grown to about 800 reg­is­trants and 150 vol­un­teers. It demon­strates their asso­ciates’ com­mit­ment to the com­mu­ni­ty and is a fun-filled, mem­o­rable day in the spir­it of fam­i­ly, well­ness, and worth­while caus­es. Par­tic­i­pants include 22-year race vet­er­ans, multi­gen­er­a­tional fam­i­lies, pro­fes­sion­al rac­ers, and walk­ers of all ages. Each year, the pro­ceeds are donat­ed to sev­er­al local char­i­ties on a rotat­ing basis. Most recent­ly, Catholic Char­i­ties of Delaware, Otsego, and Schoharie Coun­ties; Catskill Area Hos­pice and Pal­lia­tive Care; Schoharie Coun­ty ARC; and Schoharie Coun­ty Com­mu­ni­ty Action Pro­gram have ben­e­fit­ed from the race.

Lan­dis is pleased and proud to be includ­ed among the num­ber of orga­ni­za­tions that Fen­i­more Asset Man­age­ment supports.

Fall 2016

Volume 34 , Number 4

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