News

October 25, 2024

Fenimore Asset Management Features 5 Nonprofits for its 50th Anniversary

Fenimore Asset Management, an independent, Capital Region-based investment advisory firm and manager of the FAM Funds family of mutual funds, is pleased to announce the five nonprofits it is featuring as part of its 50th anniversary celebration and overall 2024 charitable giving.

The organizations represent each of Fenimore’s main giving categories: The Arts, Education, Healthcare, Human Services, and Youth Development. The nonprofits are:

    • The Arts = Proctors Collaborative
    • Education = Mohawk Valley Library System
    • Healthcare = St. Peter’s Hospital Foundation
    • Human Services = Regional Food Bank
    • Youth Development = Double H Ranch

“These are only a few of the hundreds of organizations that are the lifeblood of the Capital Region,” said Fenimore CEO Anne Putnam. “They are our neighbors, our friends, and our support systems that keep us going each and every day.”

In addition to Fenimore’s financial support and community service days, each nonprofit is featured in the Albany Business Review’s October “Giving Guide” and they will be promoted on the firm’s website and social media channels.

“We want to raise awareness and help educate the public about each of these impressive organizations,” shared Fenimore President Christian Snyder. “Our vision is to transform lives and transform communities for generations as we continue to support more than two hundred nonprofits each year.”

Founded in 1974, Fenimore Asset Management is an independent, nationally recognized investment manager with more than $5.22 billion in assets under management (as of September 30, 2024) through its Cobleskill and Albany offices. The firm’s team focuses on in-depth research, investing in the stocks of carefully selected quality businesses, and providing its investors with highly personalized investment services. Fenimore offers both individually managed portfolios and a family of mutual funds (FAM Funds) that can be used for retirement and other long-term investment planning.