EIN 16-1301210

University at Buffalo Foundation Incubator

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1988
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The organization operates an Incubator facility to identify and aid start-up businesses with a purpose of stimulating development and increasing interaction between the University at Buffalo and such businesses.
Related structure
University at Buffalo Foundation Incubator is a subordinate organization under University at Buffalo Foundation.
Total revenues
$888,027
2023
Total expenses
$639,441
2023
Total assets
$1,291,042
2023
Num. employees
0
2023

Program areas at University at Buffalo Foundation Incubator

The purpose of the facility is to identify and aid start-up business and induce such businesses to occupy the Incubator facility with the purpose of increasing employment, stimulating economic development and increasing the interaction between the state University of new york at Buffalo and such start-up businesses. The 40,000 square foot facility was designed to be and still is fda compliant, a critical step for companies developing either pharmaceutical products or medical devices. The graduates of the Incubator represent a variety of technologies including software, engineering, synthetic intelligence, environmental, education, lasers, photonics, pharmaceuticals and others.

Grants made by University at Buffalo Foundation Incubator

GranteeGrant descriptionAmount
Ub Foundation ActivitiesEducation Support$54,600

Who funds University at Buffalo Foundation Incubator

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ub Foundation ActivitiesSupport$343,463
Suny Buffalo School of Dentistry Alumni AssociationUniversity Support$63,125

Personnel at University at Buffalo Foundation Incubator

NameTitleCompensation
Anastacia KnapperChief Executive Officer$0
Patrick E RicheyChief Financial Officer$0
Edward SchneiderFormer Executive Director$0
Steven H ShepsmanChair and Director / Chair / Director$0

Financials for University at Buffalo Foundation Incubator

RevenuesFYE 06/2023
Total grants, contributions, etc.$343,463
Program services$544,564
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$888,027

Form 990s for University at Buffalo Foundation Incubator

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-11990View PDF
2021-062022-05-12990View PDF
2020-062021-05-20990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

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Data update history
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 4, 2024
Updated personnel
Identified 1 new personnel
July 13, 2024
Received grants
Identified 2 new grant, including a grant for $343,463 from Ub Foundation Activities
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsEducational service providersFamily service centersChapter / child organizationsCharities
Issues
Education
Characteristics
State / local levelTax 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/who-we-are/affiliates/ 
Phone
(716) 645-3011
IRS details
EIN
16-1301210
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Subordinate organization
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