Charles V. Wait, Sr., Chairman, and Charles V. Wait, Jr., President and CEO, at The Adirondack Trust Company in 2022. Photo by David McIntyre.
The Wesley Foundation thanks Adirondack Trust Company for its generous $250,000 leadership gift to the Campaign for Springs.
The Wesley Community’s earliest days and its continued success are intertwined with the community-minded Adirondack Trust Company. Founded in 1901, Adirondack Trust, and its leaders in particular, have been instrumental in the success of the community and the surrounding region through financing efforts, leadership, and philanthropic support. Adirondack Trust’s support for the vision and mission of Saratoga Retirement Center (the early name for the Wesley campus) was evident from the start. Newman E. “Pete” Wait, Jr., father to Charles Wait, Sr., and grandfather to Charles Wait, Jr., was involved with some of the early fundraising efforts for Saratoga Retirement Center, serving as an Executive Steering Committee member on a campaign to raise funds for expansion plans of Embury Apartments and Wesley Health Care Center.
That support of Wesley’s mission continued over the years under the leadership of Charles V. Wait, Sr., as Adirondack Trust was a leader in the formation of the Meinhardt Partnership in the early 1990s. The program, named for Wesley’s long-time Medical Director, the late Dr. William Meinhardt, supports the education of Wesley staff who are pursuing advancement in the health care profession.
Former Wesley CEO Neil Roberts accepts a donation from Charles Wait, Sr., at the time President and CEO of Adirondack Trust, in support of The Meinhardt Partnership—an initiative to assist nursing students seeking to improve their education.
The bank has been a financing partner on two of Wesley’s projects over the years, including the construction of Woodlawn Commons and the first phase of renovations to the Springs building at Wesley Health Care Center.
Adirondack Trust continues to be a presenting sponsor of The Wesley Foundation’s annual gala, and most recently Charles Wait, Jr. served as a member of the Campaign for Springs steering committee to help plan and secure leadership gifts for continued renovations of the Springs building.
The Adirondack Trust Company presents a donation to The Wesley Foundation in support of its special events raising funds for the Springs renovation project in 2017. Pictured from left: Alicia Butler, Former Foundation Board Member; Ray Martin, Former Foundation Board Member; Charles V. Wait, Jr., President and CEO of The Adirondack Trust Company; Brian Nealon, CEO of The Wesley Community; Greg Dixon, The Wesley Foundation; and Shelly Amato, CSO of The Wesley Community.
“Adirondack Trust is pleased to be a part of the continued efforts to raise funds to support the second phase of renovations at the Springs Building of Wesley Health Care Center, Wesley’s oldest nursing home building. The project is transformative, and the new spaces planned encourage people to come together in a warm and welcoming environment,” says Charles Wait Jr., President and CEO of Adirondack Trust.
Adirondack Trust’s commitment to the Campaign for Springs will help make this important project a reality, and their generosity, along with other donors, has helped The Wesley Foundation raise $4.3 million dollars to date toward the fundraising goal of $5 million for the project’s estimated $30 million dollar cost.