EIN 16-0865182

University at Buffalo Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1962
Most recent tax filings
2022-06-01
Description
The University at Buffalo Foundation supports and promotes the activities and programs of the University at Buffalo, State University of New York. Its board investment committee manages investments with over sixty professional investment managers administering the portfolio. Trustees monitor the performance, which includes support funds for the education mission of SUNY Buffalo generated from gift revenues and spendable amounts from investments. The foundation is located in Buffalo, NY.
Total revenues
$46,606,531
2022
Total expenses
$76,410,628
2022
Total assets
$1,234,149,940
2022
Num. employees
0
2022

Program areas at University at Buffalo Foundation

Support funds made available to a University at Buffalo Foundation, Inc. Affiliate to further the education mission of the state University of new york at Buffalo. These funds are the result of gift revenues and spendable amounts generated through the investment of the long-term portfolio. The funds are administered subject to donor restrictions and the University's needs.
Ubf provided advice and counsel regarding philanthropy and fundraising, and processed and managed gift revenues on behalf of the state University of new york at Buffalo to support the education mission of the University.
Investments are managed under the supervision of ubf's board investment committee. More than sixty professional investment managers currently share in the administration of the portfolio, with performance monitored by the trustees. Included in this total are certain investments, known as the long-term portfolio as well as other smaller investment pools having a market value of $1,167,225,216 at june 30, 2022, the performance of the portfolio is essential to the education mission of the state University of new york at Buffalo.

Grants made by University at Buffalo Foundation

GranteeGrant descriptionAmount
Ub Foundation ActivitiesEducation Support$65,901,295

Who funds University at Buffalo Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Suny Impact FoundationNys Tax Credit Donations: Various$1,529,982
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$866,409
Upstate New York Health FoundationPayment in Full Pursuant To 12-29-22 Gift Agreement$425,183
...and 51 more grants received totalling $4,986,243

Personnel at University at Buffalo Foundation

NameTitleCompensation
Anastacia KnapperChief Executive Officer$0
Patrick E RicheyChief Financial Officer
Edward SchneiderExecutive Director$0
Michelle MaurerDirector of Investments
Donna MaleckiDirector of Information Systems and Technology
...and 9 more key personnel

Financials for University at Buffalo Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$32,064,951
Program services$25,254
Investment income and dividends$44,916,656
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-30,400,330
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$46,606,531

Form 990s for University at Buffalo Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2021-062022-05-12990View PDF
2020-062021-05-26990View PDF
2019-062020-09-29990View PDF
2018-062019-06-19990View PDF
...and 9 more Form 990s
Data update history
February 3, 2024
Received grants
Identified 15 new grant, including a grant for $1,529,982 from Suny Impact Foundation
October 25, 2023
Received grants
Identified 2 new grant, including a grant for $39,020 from The Blackbaud Giving Fund
August 9, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Received grants
Identified 19 new grant, including a grant for $1,719,001 from Suny Impact Foundation
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsOperates internationallyState / local levelEndowed supportGala fundraisersTax deductible donationsNo full-time employees
General information
Address
Box 900
Buffalo, NY 14226
Metro area
Buffalo-Cheektowaga, NY
County
Erie County, NY
Website URL
ub-foundation.org/ 
Phone
(716) 645-3011
IRS details
EIN
16-0865182
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1962
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when University at Buffalo Foundation has new information, or want to find more organizations like University at Buffalo Foundation?

Create free Cause IQ account