EIN 16-0865182

University at Buffalo Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1962
Most recent tax filings
2023-06-01
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
$82,759,030
2023
Total expenses
$77,927,154
2023
Total assets
$1,367,532,436
2023
Num. employees
0
2023

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 fifty-five 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 $1,252,536,989 at june 30, 2023, 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$68,487,334

Who funds University at Buffalo Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Suny Impact FoundationNys Tax Credit Donations: Various$1,529,982
Schwab Charitable FundEducation$519,110
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$479,412
...and 50 more grants received totalling $5,045,482

Personnel at University at Buffalo Foundation

NameTitleCompensation
Anastacia KnapperChief Executive Officer$0
Patrick E RicheyChief Financial Officer$0
Edward SchneiderFormer Executive 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 06/2023
Total grants, contributions, etc.$47,003,028
Program services$20,149
Investment income and dividends$17,731,485
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$18,004,368
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$82,759,030

Form 990s for University at Buffalo Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-11990View PDF
2021-062022-05-12990View PDF
2020-062021-05-26990View PDF
2019-062020-09-29990View PDF
...and 10 more Form 990s
Data update history
July 16, 2024
Received grants
Identified 11 new grant, including a grant for $390,967 from American Online Giving Foundation
July 15, 2024
Updated personnel
Identified 1 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from Jewish Communal Fund
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsOperates internationallyState / local levelEndowed supportGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
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
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0274307
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-06
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