NonprofitsUniversity At Buffalo Foundation Inc

Education

University At Buffalo Foundation Inc

BUFFALO, NY

Total revenue

$123.2M

Total expenses

$94.7M

Net assets

$1.2B

Grants received

$45.0M

315 grants

EIN

160865182

Tax year

2023

Mission

The mission of the university at buffalo foundation, inc. Is to support and promote the activities and programs of the university at buffalo, state university of new york.

Programs

2 programs

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 $1,351,226,488 at june 30, 2024, the performance of the portfolio is essential to the education mission of the state university of new york at buffalo.

Expenses: $8.3M

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.

Expenses: $12.4M

Financials

FY 2023

Revenue

Contributions & grants$60.0M
Program service revenue$3K
Investment income$63.2M
Other revenue
Total revenue$123.2M

Expenses

Grants paid$73.9M
Salaries & benefits
Fundraising
Other expenses$20.8M
Total expenses$94.7M
Total assets$1.4B
Net assets$1.2B

People

26 listed

NameRoleCompensation

TERESA BAIR

TRUSTEE

Board

1 hrs/wk

GREGORY BAUER

CHAIR/TRUSTEE

Board

1 hrs/wk

JASON BIRD

TRUSTEE

Board

1 hrs/wk

HELEN CAPPUCCINO

TRUSTEE

Board

1 hrs/wk

ROBERT DENNING

TREASURER/TRUSTEE

Board

1 hrs/wk

GREGG FISHER

TRUSTEE

Board

1 hrs/wk

DANIEL HAMISTER

TRUSTEE

Board

1 hrs/wk

KATHLEEN HAMM

TRUSTEE (AS OF 7/1/23)

Board

1 hrs/wk

LOUIS JACOBS

TRUSTEE

Board

1 hrs/wk

KATHIE KELLER

TRUSTEE

Board

2 hrs/wk

DANIEL MAGNUSZEWSKI

TRUSTEE (AS OF 7/1/23)

Board

1 hrs/wk

MARGARET MCGLYNN

TRUSTEE (AS OF 7/1/23)

Board

1 hrs/wk

DALE MCKIM III

TRUSTEE

Board

2 hrs/wk

MICHAEL MURRAY

TRUSTEE (AS OF 7/1/23)

Board

1 hrs/wk

MICHAEL OLFANO

TRUSTEE (AS OF 7/1/23)

Board

1 hrs/wk

JAMES PALMISCIANO

TRUSTEE

Board

1 hrs/wk

JEAN POWERS

SECRETARY/TRUSTEE

Board

1 hrs/wk

NAGENDRA RAINA

TRUSTEE

Board

1 hrs/wk

DANIELLE SHAINBROWN

TRUSTEE

Board

1 hrs/wk

STEVEN SHEPSMAN

TRUSTEE

Board

1 hrs/wk

EILEEN SILVERS

TRUSTEE

Board

2 hrs/wk

DANIEL SPERRAZZA

TRUSTEE

Board

1 hrs/wk

SATISH TRIPATHI

TRUSTEE

Board

1 hrs/wk

SUJATA YALAMANCHILI

TRUSTEE (THRU 12/31/23)

Board

1 hrs/wk

ANASTACIA KNAPPER

CHIEF EXECUTIVE OFFICER

Board

20 hrs/wk

PATRICK RICHEY

CHIEF FINANCIAL OFFICER

Board

20 hrs/wk

Independent contractors

MERCER ASSOCIATES

INVST. CONSULTANT

$939K

HIG CAPITAL

ASSET MANAGEMENT

$861K

SILCHESTER INTERNATIONAL INVESTORS

ASSET MANAGEMENT

$438K

K PRIVATE INVESTORS

ASSET MANAGEMENT

$377K

BATTERY VENTURES

ASSET MANAGEMENT

$362K

Grants received

Showing 200 of 315

FromAmountPurposeYear
$2.1M
NYS TAX CREDIT PROGRAM DONATIONS: VARIOUS; SUPPORT OF SUNY SYSTEM & CAMPUS INITIATIVES: CIVIC FELLOWSHIPS
2024
$750K
GENERAL SUPPORT
2024
$257K
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
2024
$100K
SUPPORT AND PROMOTE THE UNIVERSITY AT BUFFALO ACTIVITIES AND PROGRAMS BY ASSISTING IN THE ACQUISITION OF STRATEGIC ASSETS, MANAGING AND PROVIDING RESOURCES AND PROVIIDING AN ARRAY OF SERVICES TO UB COMMUNITY.
2024
$50K
SCHOLARSHIP
2024
$50K
ADDED TO THE ENDOWMENT TO SUPPORT THE GOLD (GRADUATES OF THE LAST DECADE) GROUP'S SCHOLARSHIP. IT PROVIDES AN AWARD EACH YEAR TO AN INCOMING 1L FOR ALL THREE YEARS OF LAW SCHOOL.
2024
$40K
MUSIC DEPARTMENT PROGRAMS
2024
$36K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$27K
UNRESTRICTED GENERAL SUPPORT
2024
$20K
TO FURTHER ITS CHARITABLE PURPOSE
2024
$18K
GENERAL OPERATIONS
2024
$15K
GREEN GROWING - COMMUNITY GARDEN
2024
$12K
FOR A SCHOLARSHIP AWARD.
2024
$10K
OPERATIONS
2024
$10K
FURTHER THE DONEE'S MISSION
2024
$10K
To support medical missions to Haiti.
2024
$7K
PROGRAM ACTIVITIES
2024
$5K
MATCHING GIFTS
2024
$5K
CHARITABLE CONTRIBUTION THROUGH THE MATCHING GIFTS PROGRAM
2024
$4K
The Tracey I. Wheeler Scholarship Scholarship Fund
2024
$3K
FUNDING SCHOLARSHIP PROGRAM
2024
$2K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1K
BARBARA AND JACK DAVIS ENGINEERING ENDOWMENT FUND.
2024
$630
GENERAL SUPPORT
2024
$500
EDUCATION
2024
$500
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$200
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$100
VOLUNTEER PROGRAM
2024
$100
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$74
GENERAL OPERATING PURPOSE
2024
$2.9M
For grant recipient's exempt purposes
2023
$2.0M
NYS TAX CREDIT DONATIONS: VARIOUS
2023
$273K
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
2023
$250K
ESTABLISHE THE LAW ALUMNI ASSOCIATION SCHOLARSHIP ENDOWMENT AT THE UNIVERSITY AT BUFFALO FOUNDATION INC. TO SUPPORT ITS ANNUAL TUITION SCHOLARSHIPS FOR ITS LAW STUDENTS. THIS FUND WILL GENERATE INCOME FOR THE UB LAW ALUMNI ASSOCIATION SHCOLARSHIP - A $5,000 AWARD TO A SCHOLARSHIP RECIPIENT IN ALL THREE YEARS OF LAW SCHOOL.
2023
$169K
PUBLIC, SOCIETAL BENEFIT
2023
$133K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$64K
ASAP - ACE: SUPPORT OF CAMPUS & SUNY SYSTEMS INITIATIVES
2023
$50K
CREATED AN ENDOWMENT TO SUPPORT THE GOLD (GRADUATES OF THE LAST DECADE) GROUP'S SCHOLARSHIP. IT PROVIDES AN AWARD EACH YEAR TO AN INCOMING 1L FOR ALL THREE YEARS OF LAW SCHOOL.
2023
$50K
LAW SCHOOL FOR SCHOLARSHIPS
2023
$50K
UNRESTRICTED
2023
$49K
GENERAL PURPOSES
2023
$40K
MUSIC DEPARTMENT PROGRAMS
2023
$35K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$31K
MATCHING GIFTS
2023
$30K
FOR GENERAL SUPPORT
2023
$24K
CHARITABLE DONATION
2023
$20K
2024 CONTRIBUTION TO UNIVERSITY AT BUFFALO FOUNDATION
2023
$20K
MATCHING GIFTS
2023
$18K
MATCHING GIFTS
2023
$16K
CONF SPONSORSHIP
2023
$15K
LEADERSHIP DEVELOPMENT
2023
$15K
GENERAL SUPPORT AND VARIOUS PROJECTS
2023
$15K
ONGOING SUPPORT OF ITS ENDOWED SOCIAL JUSTICE AND RACIAL EQUITY FUND(SJRE) WHICH PROVIDES A SUMMER FELLOWSHIP FOR ELIGIBLE LAW STUDENTS.
2023
$10K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$10K
GENERAL OPERATIONS
2023
$10K
SPONSORSHIP
2023
$10K
EDUCATIONAL
2023
$10K
TO FURTHER ITS CHARITABLE PURPOSE
2023
$10K
DONOR ADVISED FUND
2023
$8K
SCHOOL OF SOCIAL WORK SOCIAL IMPACT FELLOWS
2023
$7K
EMPLOYEE GIVING PROGRAM
2023
$7K
Matching Gifts
2023
$6K
MENTAL HEALTH SCHOLARSHIP PROGRAM (PSYCHIATRY FOCUS)
2023
$5K
General support for programs, operations and other charitable purposes
2023
$5K
COMMUNITY GIVING- GENERAL
2023
$4K
General Support
2023
$3K
FUNDING SCHOLARSHIP PROGRAM
2023
$2K
TRUSTEE DESIGNATED GRANT
2023
$2K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$2K
JACOBS SCHOOL OF MEDICINE & BIOMEDICAL SCIENCES ALZHEIMER'S DISEASE & MEMORY DISORDERS
2023
$1K
Donation for general operations.
2023
$600
PROGRAM/OPERATING SUPPORT
2023
$500
EMPLOYEE GIVING PROGRAM
2023
$300
EMPLOYEE GIVING PROGRAM
2023
$250
GENERAL OPERATING PURPOSE
2023
$200
GENERAL OPERATING SUPPORT
2023
$200
EDUCATION
2023
$200
OTHER CIVIC / COMMUNITY
2023
$100
PROGRAM/OPERATING SUPPORT
2023
$100
MATCHING GIFTS
2023
$100
GENERAL OPERATING PURPOSE
2023
$50
PROGRAM/OPERATING SUPPORT
2023
$1.5M
NYS TAX CREDIT DONATIONS: VARIOUS
2022
$479K
For grant recipient's exempt purposes
2022
$425K
PAYMENT IN FULL PURSUANT TO 12-29-22 GIFT AGREEMENT
2022
$300K
Endowment in the Department of Accounting and Law
2022
$256K
UNRESTRICTED USE; CHERYL GOBETTI HOFFMAN MEMORIAL SCHOLARSHIP IN MUSIC; UB SCHOOL OF LAW; JACOBS SCHOOL OF MEDICINE; DEPT OF SURGERY CHAIR OR VISITING PROFESSOR FOR MEDICAL SCHOOL; DEPT OF OPHTHALMOLOGY; MEDICAL SCHOOL SCHOLARSHIP FUND; TO BE USED FOR RESEARCH; UB DENTAL SCHOOL SCHOLARSHIP; ALISON DES FORGES MEMORIAL FUND; SCHOOL OF MANAGEMENT-RAND PROGRAM IN INTERNATIONAL STUDIES; ACCOUNTING PROGRAM; UB DEPT OF ANTHROPOLOGY; UB EDUCATIONAL OPPORTUNITY CENTER'S ROSA L. AND LAMARR NORMAN, SR. INCENTIVE AWARD; UB SCHOOL OF SOCIAL WORK-SORRENTINO AWARD; DEPT OF ORTHOPAEDIC SURGERY-SPORTS MEDICINE EDUCATION AND RESEARCH; UB SCHOOL OF ARCHITECTURE AND PLANNING; BOLDLY BUFFALO CAMPAIGN; DEPT OF MECHANICAL ENGINEERING & SCHOOL OF ENGINEERING SCHOLARSHIPS; FOR RESEARCH TECH AT ALZHEIMER'S DISEASE AND MEMORY DISORDERS CENTER; DEPT OF JEWISH THOUGHT; ENTREPRENEURIAL LEADERSHIP; THE DR. ALAN J. GROSS STUDENT RESOURCE FUND; IN MEMORY OF
2022
$206K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$169K
PROGRAM SUPPORT
2022
$135K
SUB-AWARD
2022
$100K
UNRESTRICTED
2022
$96K
WNY MEDICAL SCHOLARSHIP FUND (PSYCHIATRY FOCUS)
2022
$73K
UNIVERSITY OF BUFFALO LAW SCHOOL FOR MARGARET W. WONG SCHOLARSHIP ENDOWMENT FUND
2022
$65K
GENERAL PURPOSES
2022
$40K
MUSIC DEPARTMENT PROGRAMS
2022
$39K
GENERAL SUPPORT
2022
$24K
CHARITABLE DONATION
2022
$23K
MATCHING GIFTS
2022
$18K
MATCHING GIFTS
2022
$14K
MATCHING GIFTS
2022
$10K
GENERAL ASSISTANCE
2022
$10K
GENERAL SUPPORT
2022
$10K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$8K
DONOR ADVISED FUND
2022
$7K
Global health care
2022
$5K
FUNDING FOR LAW SCHOOL STUDENT PROGRAM
2022
$5K
MATCHING GIFTS TO EDUCATION
2022
$5K
EDUCATIONAL
2022
$3K
FUNDING SCHOLARSHIP PROGRAM
2022
$2K
General Support
2022
$2K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$500
GENERAL SUPPORT
2022
$375
General Operating Support
2022
$350
GENERAL OPERATING PURPOSES
2022
$300
In support of general operations
2022
$250
GENERAL OPERATING PURPOSE
2022
$200
EMPLOYEE GIVING PROGRAM
2022
$200
MATCHING GIFTS TO EDUCATION
2022
$200
EDUCATION
2022
$150
GENERAL EXEMPT PURPOSE
2022
$150
MIP PAYOUT FOR 04/01/2022
2022
$150
EMPLOYEE GIVING PROGRAM
2022
$150
GENERAL PURPOSES OF RECIPIENT
2022
$100
GENERAL OPERATING SUPPORT
2022
$100
MATCHING GIFTS
2022
$100
MIP PAYOUT FOR 01/27/2022
2022
$50
MIP PAYOUT FOR 03/15/2022
2022
$866K
For grant recipient's exempt purposes
2021
$866K
For grant recipient's exempt purposes
2021
$120K
UNRESTRICTED USE
2021
$105K
PROGRAM SUPPORT
2021
$73K
For recipient's exempt purpose
2021
$50K
CHARITY'S EXAMPT PURPOSE
2021
$48K
MATCHING GIFTS
2021
$40K
MUSIC DEPARTMENT PROGRAMS
2021
$20K
GENERAL SUPPORT
2021
$18K
MATCHING GIFTS
2021
$11K
CHARITABLE DONATION
2021
$6K
FRANK J. KRZYSTOFIAK TEACHING INNOVATION FUND
2021
$5K
SCHOOL OF DENTAL MEDICINE
2021
$5K
EDUCATIONAL
2021
$4K
Program Support
2021
$1K
In support of general operations.
2021
$500
GENERAL SUPPORT
2021
$500
in support of general operations.
2021
$200
EDUCATION
2021
$100
EMPLOYEE GIVING PROGRAM
2021
$100
EMPLOYEE GIVING PROGRAM
2021

Funded by

$45.0M from 130 funders · 315 grants · 2017–2024

Ub Foundation Activities Inc

$17.6M · 4 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$9.7M · 8 grants · 2017–2023

Suny Impact Foundation Inc

$5.7M · 6 grants · 2019–2024

Donor Advised Charitable Giving Inc

$2.5M · 7 grants · 2017–2023

Community Foundation For Greater Buffalo

$1.1M · 9 grants · 2019–2024

American Online Giving Foundation Inc

$1.0M · 6 grants · 2019–2024

The Bessemer Giving Fund

$750K · 1 grant · 2024

The Pfeil Foundation Inc

$600K · 2 grants · 2020–2022

Details

EIN160865182
NTEE codeB11
Subsection03
Ruling date1963-01
Formed1962
Employees0
Volunteers24
UNIVERSITY AT BUFFALO FOUNDATION INC — Mission, Financials & Grants Received | Grantivo