NonprofitsU B Foundation Activities Inc

U B Foundation Activities Inc

BUFFALO, NY

Total revenue

$111.2M

Total expenses

$110.4M

Net assets

$125.0M

Grants received

$442.1M

37 grants

EIN

161372561

Tax year

2023

Mission

The mission of ubfa is to undertake and perform activities in support of the educational purposes of the state university of new york at buffalo and its various affiliations.

Programs

1 program

The faculty practice plan includes more than 450 physicians who are also professors at the state university of new york at buffalo school of medicine and biomedical sciences. As professors, they conduct hands-on research and teach classes at the school of medicine and play a significant role in accomplishing the university's educational purpose. The organization furthers its exempt purpose by providing administrative support to this activity.

Expenses: $14.1M

Financials

FY 2023

Revenue

Contributions & grants$78.3M
Program service revenue$32.6M
Investment income$235K
Other revenue$37K
Total revenue$111.2M

Expenses

Grants paid$35.1M
Salaries & benefits$4.9M
Fundraising$9.4M
Other expenses$69.8M
Total expenses$110.4M
Total assets$145.5M
Net assets$125.0M

People

12 listed

NameRoleCompensation

ANASTACIA S KNAPPER

CHEIF EXECUTIVE DIRECTOR

Board

$362K

20 hrs/wk

PATRICK RICHEY

CHIEF FINANCIAL OFFICER

Board

$249K

20 hrs/wk

TERESA BAIR

DIRECTOR

Board

1 hrs/wk

EILEEN SILVERS

CHAIR/DIRECTOR

Board

1 hrs/wk

DANIEL MAGNUSZEWSKI

DIRECTOR (AS OF 7/1/23)

Board

1 hrs/wk

GREGORY BAUER

DIRECTOR

Board

1 hrs/wk

NAGENDRA RAINA

DIRECTOR

Board

1 hrs/wk

ROBERT DENNING

DIRECTOR

Board

1 hrs/wk

STEVEN SHEPSMAN

DIRECTOR

Board

1 hrs/wk

ARTURO GUTIERREZ ZATARAIN

DIRECTOR OF INVESTMENTS

Staff

$262K

30 hrs/wk

CHRISTOPHER DECKER

SENIOR DIRECTOR OF ADMINISTRATION

Staff

$152K

30 hrs/wk

DONNA MALECKI

DIRECTOR OF IT

Staff

$134K

30 hrs/wk

Independent contractors

AMERICAN ESCROW & CLOSING COMPANY

MOBILITY SERVICES

$1.0M

A-TURF INC

TURF SUPPLIER

$879K

RUFFALO NOEL LEVITZ LLC

CONSULTANT

$653K

WITTKIEFFER INC

RECRUITER

$612K

UNIVERSITY EMERGENCY MEDICAL SERVICES I

AMBULANCE SERVICES

$580K

Grants received

Showing 37 of 37

FromAmountPurposeYear
$9K
TO SUPPORT UB PROGRAMS
2024
$7K
Contribution - See Part IV
2024
$73.9M
EDUCATION SUPPORT
2023
$147K
TO SUPPORT UB PROGRAMS
2023
$20K
Program Support
2023
$7K
Contribution - See Part IV
2023
$68.5M
EDUCATION SUPPORT
2022
$163K
TO SUPPORT UB PROGRAMS
2022
$55K
EDUCATION SUPPORT
2022
$36K
CONTRIBUTION
2022
$10K
Program Support
2022
$9K
TUITION ASSISTANCE FOR A MEMBER OF THE COMMUNITY
2022
$4K
Program Support
2022
$65.9M
EDUCATION SUPPORT
2021
$533K
EDUCATION SUPPORT
2021
$59.5M
EDUCATION SUPPORT
2020
$131K
TO SUPPORT UB PROGRAMS
2020
$75K
QUALITY EDUCATION
2020
$18K
EDUCATION SUPPORT
2020
$9K
QUALITY EDUCATION
2020
$100
MIP PAYOUT FOR 06/12/20
2020
$50
MIP PAYOUT FOR 02/10/20
2020
$55.8M
EDUCATION SUPPORT
2019
$120K
TO SUPPORT UB PROGRAMS
2019
$69K
EDUCATION SUPPORT
2019
$5K
For grant recipient's exempt purposes
2019
$65.6M
EDUCATION SUPPORT
2018
$126K
TO SUPPORT UB PROGRAMS
2018
$5K
GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE.
2018
$49.9M
EDUCATION SUPPORT
2017
$77K
TO SUPPORT UB PROGRAMS
2017

Funded by

$442.1M from 13 funders · 37 grants · 2017–2024

University At Buffalo Foundation Inc

$439.1M · 7 grants · 2017–2023

Western New York Bloodcare Foundation In

$1.3M · 6 grants · 2018–2024

Ub Alumni Association Inc

$773K · 7 grants · 2017–2024

Ub Foundation Services Inc

$620K · 3 grants · 2019–2021

Tides Center

$84K · 2 grants · 2020

University At Buffalo Foundation

$55K · 1 grant · 2022

Kaleida Health

$36K · 1 grant · 2022

Enterprise Holdings Foundation

$34K · 3 grants · 2022–2023

Details

EIN161372561
Subsection03
Ruling date1991-01
Formed1990
Employees43
Volunteers7
U B FOUNDATION ACTIVITIES INC — Mission, Financials & Grants Received | Grantivo