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CNY Community Foundation announces new CFO

SYRACUSE, N.Y. — The Central New York Community Foundation announced it hired Kimberly Sadowski this spring as its new chief financial officer (CFO).

Sadowski has executive responsibility for the Community Foundation’s accounting, financial management, budgeting, audit, tax, investment, and general operations, the foundation said in a news release issued Tuesday. She is a licensed CPA with more than 20 years of experience working in the financial sector.

Most recently, Sadowski was CFO at ARISE Child and Family Service, Inc., where she provided overall supervision to the finance, human resources, and information-technology functions of the organization, which employs more than 700 staff members and has an operating budget topping $18 million.

Prior to her work at ARISE, she served as manager for Grimaldi & Nelkin, CPAs. Sadowski holds a bachelor’s degree in accounting from the Rochester Institute of Technology.

Sadowski, who started in her new job on April 1, replaces Liz Cavallaro, who retired as the Community Foundation’s CFO earlier this year.

The CNY Community Foundation says it’s the largest charitable foundation in the region with assets of nearly $193 million. It awarded $11 million in grants last year to nonprofit organizations.

Contact The Business Journal News Network at news@cnybj.com

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