U B Foundation Activities Inc
501(c)(3) Donations tax-deductible
86% goes to programs $12 to raise $100 Strong reserves
U B Foundation Activities Inc is a 501(c)(3) organization based in Buffalo, New York, registered in 1991, with $111,191,820 in FY2023 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
Po Box 900, Buffalo, NY, 14226 EIN 16-1372561 Since 1991
Revenue (FY2023)
$111.2M
▲ 12.5% vs prior year
Expenses (FY2023)
$110.4M
Net assets
$125.0M
Employees
43
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For U B Foundation Activities Inc: 86% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For U B Foundation Activities Inc: 14 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For U B Foundation Activities Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For U B Foundation Activities Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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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.
What they do
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.
Contact & location
Financial trends
Revenue grew from $86.3M (FY2013) to $111.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $20.5MNet assets $125.0M
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$145.5M
Total liabilities
$20.5M
Net assets
$125.0M
Salaries & benefits
$4.9M
4% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $111,191,820▲12.5% | $110,410,083▲12.7% | $125,044,723▲0.6% | $145,539,762▼0.5% | 990 |
| 2022 | $98,854,154▼7.1% | $97,954,335▼4.0% | $124,262,986▲0.7% | $146,259,824▼0.8% | 990 |
| 2021 | $106,388,612▲4.0% | $101,986,983▼6.3% | $123,363,167▲3.7% | $147,443,706▲1.8% | 990 |
| 2020 | $102,321,519▲5.6% | $108,793,449▲15.2% | $118,961,538▼5.2% | $144,841,745▼6.6% | 990 |
| 2019 | $96,927,514▼5.1% | $94,462,764▼1.3% | $125,433,468▲2.0% | $155,052,168▼0.8% | 990 |
| 2018 | $102,087,393▲14.4% | $95,659,728▲8.3% | $122,968,718▲5.5% | $156,322,358▲6.1% | 990 |
| 2017 | $89,255,874▲4.5% | $88,304,919▲2.0% | $116,541,053▲0.8% | $147,278,925▲2.0% | 990 |
| 2016 | $85,396,855▼9.2% | $86,539,665▲0.5% | $115,590,098▼1.0% | $144,444,417▲6.3% | 990 |
| 2015 | $94,025,372▲9.4% | $86,082,002▲4.7% | $116,732,908▲7.3% | $135,890,807▲1.9% | 990 |
| 2014 | $85,964,415▼0.4% | $82,228,297▲3.7% | $108,789,538▲3.6% | $133,395,733▲4.2% | 990 |
| 2013 | $86,267,864 | $79,275,779▲4.8% | $105,053,420▲7.1% | $128,031,232▼7.8% | 990 |
| 2012 | — | $75,678,492▼4.8% | $98,061,335▲22.6% | $138,843,681▲8.9% | 990 |
| 2011 | — | $79,459,344▲6.9% | $80,005,256▲19.6% | $127,516,880▲17.5% | 990 |
| 2010 | — | $74,356,419▲8.7% | $66,874,064▼3.9% | $108,540,208▲23.8% | 990 |
| 2009 | — | $68,384,763 | $69,613,379 | $87,675,112 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Anastacia S Knapper — $361,894 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anastacia S Knapper | Cheif Executive Director | 20 | $361,894 |
| Arturo Gutierrez Zatarain | Director of Investments | 30 | $262,468 |
| Patrick Richey | Chief Financial Officer | 20 | $248,804 |
| Christopher Decker | Senior Director of Administration | 30 | $151,872 |
| Donna Malecki | Director of It | 30 | $133,809 |
| Daniel Magnuszewski | Director (as of 7/1/23) | 1 | — |
| Eileen Silvers | Chair/director | 1 | — |
| Gregory Bauer | Director | 1 | — |
| Nagendra Raina | Director | 1 | — |
| Robert Denning | Director | 1 | — |
| Steven Shepsman | Director | 1 | — |
| Teresa Bair | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| American Escrow & Closing Company | Mobility Services | $1,034,140 |
| A-turf Inc | Turf Supplier | $879,483 |
| Ruffalo Noel Levitz LLC | Consultant | $653,132 |
| Wittkieffer Inc | Recruiter | $611,859 |
| University Emergency Medical Services I | Ambulance Services | $579,852 |
Grants received · $635.1M total
20 grants to U B Foundation Activities Inc totaling $635.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Board of Medical Examiners | Contribution - see part iv | 2024 | $7,000 |
| University At Buffalo Foundation Inc | Education support | 2023 | $73,906,758 |
| National Board of Medical Examiners | Contribution - see part iv | 2023 | $7,000 |
| University At Buffalo Foundation Inc | Education support | 2022 | $68,487,334 |
| Kaleida Health | Contribution | 2022 | $35,500 |
| University At Buffalo Foundation Inc | Education support | 2021 | $65,901,295 |
| University At Buffalo Foundation Inc | Education support | 2020 | $59,502,903 |
| Tides Center | Quality education | 2020 | $75,000 |
| Tides Center | Quality education | 2020 | $9,264 |
| University At Buffalo Foundation Inc | Education support | 2019 | $55,783,380 |
| Kaleida Health | Sponsorship sponsorship sponsorship sponsorship | 2019 | $129,000 |
| Texas Health Presbyterian Hospital Dallas | General support | 2019 | $15,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $5,200 |
| University At Buffalo Foundation Inc | Education support | 2018 | $65,598,390 |
| Stonier Scholarship Inc | General support to further the organization's purpose. | 2018 | $5,000 |
Grants made · $7.4M in FY2023
10 grants totaling $7.4M in FY2023. All grants made by U B Foundation Activities Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University At Buffalo Foundation Inc | Support | $6,652,534 |
| University Emergency Medical Services Inc | Support | $403,244 |
| Ub Alumni Association Inc | Support | $96,594 |
| Suny Impact Foundation Inc | Support | $60,454 |
| Sams Foundation | Support | $57,751 |
| University At Buffalo Foundation Incubator Inc | Support | $39,966 |
| Research Foundation For the State University of New York | Support | $35,107 |
| Fnub Inc | Support | $15,400 |
| Research Foundation For the State University of New York | Support | $11,550 |
| Auxiliary Services State University College At Oswego Inc | Support | $6,056 |
Frequently asked questions
- Is U B Foundation Activities Inc a legitimate nonprofit?
- Yes. U B Foundation Activities Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1372561, based in Buffalo, New York. Donations are tax-deductible.
- What is U B Foundation Activities Inc's EIN?
- U B Foundation Activities Inc's Employer Identification Number (EIN) is 16-1372561.
- How much revenue does U B Foundation Activities Inc report?
- U B Foundation Activities Inc reported $111,191,820 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of U B Foundation Activities Inc's spending goes to programs?
- U B Foundation Activities Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does U B Foundation Activities Inc have?
- CharityIndex grades U B Foundation Activities Inc A, based on program efficiency and fundraising cost.
- How much does U B Foundation Activities Inc's highest-paid employee make?
- The highest reported compensation on U B Foundation Activities Inc's latest Form 990 is $361,894, paid to Anastacia S Knapper (Cheif Executive Director).
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Explore more
Data for U B Foundation Activities Inc (EIN 16-1372561) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.