The Childrens Hospital Of Buffalo Foundation is located in Buffalo, NY. The organization was established in 1989. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Childrens Hospital Of Buffalo Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Hospital Of Buffalo Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Childrens Hospital Of Buffalo Foundation generated $13.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $16.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Childrens Hospital Of Buffalo Foundation has awarded 14 individual grants totaling $107,275,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLICIT, MAINTAIN & ENHANCE THE VALUE OF PUBLIC CONTRIBUTIONS TO PROVIDE FINANCIAL SUPPORT TO JOHN R. OISHEI CHILDREN'S HOSPITAL IN THEIR MISSION TO DELIVER UNPARALLELED PEDIATRIC AND WOMEN'S HEALTHCARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OTHE ORGANIZATION IS A NON-FOR PROFIT CHARITABLE FOUNDATION SUPPORTING THE HEALTH SERVICES AND A SPECIALIZED PEDIATRIC HOSPITAL SITE THAT IS A DIVISION OF KALEIDA HEALTH, BY PROVIDING FUNDING FOR PATIENT CARE, EDUCATION AND RESEARCH.WITH SUPPORT FROM ITS' BOARD OF DIRECTORS AND MANY OTHER VOLUNTEERS, THE ORGANIZATION RAISES GIFTS IN THE FORM OF CASH, STOCKS, ESTATE GIFTS, CORPORATE GIFTS AND GRANTS FROM PRIVATE FOUNDATIONS.THE PRIMARY PROGRAMS AND ACTIVITIES OF THE ORGANIZATION INCLUDE:1. FESTIVAL OF TREES - DUE TO COVID, THE 44TH ANNUAL BLACK-TIE GALA, THE MAIN EVENT, IN SUPPORT OF THE JOHN R. OISHEI CHILDREN'S HOSPITAL, WHICH SYMBOLIZES THE BOND BETWEEN THE HOSPITAL AND THE COMMUNITY THAT IT SERVES HAD TO BE RE-IMAGINED. THE EVENT HAS RAISED OVER $9 MILLION DOLLARS WITH THE 2021 YEAR'S PROCEEDS BEING UTILIZED TO SUPPORT PROGRAMS AND CARE DELIVERY FOR CHILDREN. THE USUAL EVENTS: FASHION SHOW, DESIGNER SHOWCASE AND THE FESTIVAL GALA WERE ORIGINALLY SLATED TO OCCUR BUT WERE CANCELLED TWO WEEKS PRIOR DUE TO COVID. WE RE-IMAGINED THE EVENT AND BEING MINDFUL OF SAFETY, OFFERED SUBSTITUTIONS FOR SPONSORS AND TICKET HOLDERS. OUR DESIGNERS, AT A NEW VENUE, DECORATED 25 TREES WHICH WERE ALL SOLD IN AN ON-LINE AUCTION AND OVER 60 WREATHS WHICH WERE PART OF OUR RE-IMAGINED SPONSORSHIP PACKAGES. SPONSORS WERE ALLOWED TO STOP IN AND VIEW THE TREES WHEN THEY PICKED UP THEIR NEW SPONSORSHIP PACKAGES. NO CHILD IS EVER TURNED AWAY FROM THE OISHEI CHILDREN'S HOSPITAL WHERE EVERY FAMILY IS ENTITLED TO THE VERY BEST CARE NO MATTER THEIR ABILITY TO PAY. WE WERE GRATEFUL TO HAVE NETTED OVER $200,000.2. KISS CARES FOR KIDS RADIOTHON AIRS ANNUALLY IN MAY ON WKSE-FM RADIO AND KISS 98.5 TO BENEFIT OISHEI CHILDREN'S HOSPITAL. IN 2021, DUE TO COVID, WE DID A VIRTUAL RADIOTHON IN PARTNERSHIP WITH CHILDREN'S MIRACLE NETWORK (CMN). $84,303 WAS RAISED. 3. KICKING FOR MIRACLES - MASTER CHONG'S TAE KWON DO SCHOOLS SPONSOR THE EVENT AND HAVE HOURS OF EXCITING DEMONSTRATIONS AND BOARD BREAKING EXCITEMENT. DUE TO COVID, IN 2021, THIS EVENT WAS CANCELLED.4. CHIP-IN FOR CHILDREN'S HOSPITAL GOLF TOURNAMENT - A GOLF TOURNAMENT HELD ANNUALLY IN JUNE TO RAISE FUNDS TO SUPPORT THE MISSION OF OISHEI CHILDREN'S HOSPITAL. IN 2021, DUE TO RAIN, WE POSTPONED THE TOURNAMENT UNTIL SEPTEMBER. TOURNAMENT SPONSORS RECEIVED GOLF, MEALS AND GOLF-RELATED PRIZES IN EXCHANGE FOR THEIR CONTRIBUTION. THERE WERE 179 GOLFERS PARTICIPATING IN THE 2021 EVENT. THE EVENT NORMALLY KICKS OFF WITH A PRE-EVENT AUCTION WHICH FEATURES A TICKET AUCTION AND LIVE AUCTION FOR GUESTS BUT WAS NOT SCHEDULED FOR THIS YEAR. WE DID HAVE OUR USUAL GOLF TRIP RAFFLE THOUGH IT WAS CHANGED TO BANDON DUNES THIS YEAR. WE NETTED OVER $23,000.5. ERIC WOOD'S FLIGHTS & BITES EVENT - IN 2017 BUFFALO BILLS PLAYER, ERIC WOOD, BROUGHT "THE ERIC WOOD FUND" TO THE CHILDREN'S HOSPITAL OF BUFFALO FOUNDATION. THE FUND NAME HAS NOW BEEN CHANGED IN HONOR OF ERIC'S BROTHER, EVAN WOOD. THE EVAN WOOD FUND INTRODUCES YOU TO A HOSPITAL-BASED PROGRAM PROVIDING A NETWORK OF SUPPORT TO CHRONICALLY ILL CHILDREN AND THEIR FAMILIES-STONE'S BUDDIES AT OISHEI CHILDREN'S HOSPITAL. IN 2021 AN IN PERSON EVENT WAS HELD ON NOVEMBER 1ST AT RESURGENCE BREWING COMPANY. GUESTS ENJOYED A UNIQUE EXPERIENCE WHILE INDULGING IN CRAFT BREWS, BUFFALO-INSPIRED BITES, EXCITING LIVE & SILENT AUCTIONS AND LIVE MUSIC. SPONSORSHIPS AND TICKETS WERE SOLD. THE EVENT WAS ENJOYED BY MANY GUESTS AND NETTED OVER $142,000. 6. 117 HOLES FOR CHILDREN - ON TUESDAY, JUNE 1, MEMBERS FROM THE CHILDREN'S HOSPITAL OF BUFFALO FOUNDATION BOARD OF DIRECTORS AND HOSPITAL SUPPORTERS PLAYED 117 HOLES FOR OISHEI CHILDREN'S HOSPITAL AT CRAG BURN GOLF CLUB! PLAYING FROM DAWN TO DUSK, THIS GROUP OF 12 INDIVIDUALS COMPETED NOT ONLY FOR THE MOST STEPS BUT TO RAISE THE MOST MONEY TO SUPPORT THE MOMS, KIDS AND BABIES OF WNY. THE GOLFERS HAD ONLINE DONATION PAGES SET UP AND COLLECTED DONATIONS FOR A WONDERFUL AND NEEDED CAUSE. A FEW SPONSORSHIPS WERE SOLD AND CRAG BURN DONATED THEIR FACILITIES, GOLF FEES AND CARTS TO SUPPORT OUR EVENT. OVER $116,000 WAS NETTED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Bennett Vice President | Officer | 40 | $273,344 |
Andrew Lashua Director Of Development | 40 | $108,389 | |
John Persons Chairman | Trustee | 1 | $0 |
Heather Williams Vice Chair | Trustee | 1 | $0 |
Peter Petrella Treasurer | Trustee | 1 | $0 |
Katherine Ragusa Secretary | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $192,953 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,438,767 |
Noncash contributions included in lines 1a–1f | $84,142 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,631,720 |
Total Program Service Revenue | $0 |
Investment income | $2,653,869 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,345,307 |
Net Income from Fundraising Events | $484,207 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,115,103 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $13,192,488 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $273,344 |
Compensation of current officers, directors, key employees. | $109,338 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $630,178 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $252,836 |
Payroll taxes | $59,779 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $66,233 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $475,269 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $77,458 |
Travel | $4,066 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,086 |
Insurance | $0 |
All other expenses | $56,881 |
Total functional expenses | $15,954,187 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,526,427 |
Savings and temporary cash investments | $3,080,315 |
Pledges and grants receivable | $763,476 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $386,728 |
Net Land, buildings, and equipment | $45,703 |
Investments—publicly traded securities | $53,507,530 |
Investments—other securities | $29,285,858 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,595,544 |
Total assets | $94,191,581 |
Accounts payable and accrued expenses | $450,668 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $17,706,631 |
Total liabilities | $18,157,299 |
Net assets without donor restrictions | $61,042,292 |
Net assets with donor restrictions | $14,991,990 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $94,191,581 |
Over the last fiscal year, The Childrens Hospital Of Buffalo Foundation has awarded $13,192,488 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Buffalo, NY PURPOSE: SUPPORT HOSPITAL | $12,842,325 |
Buffalo, NY PURPOSE: MEDICAL EQUIPMENT | $350,163 |
Over the last fiscal year, we have identified 1 grants that The Childrens Hospital Of Buffalo Foundation has recieved totaling $16,000.
Awarding Organization | Amount |
---|---|
American Federation Of Labor & Congress Of Industrial Orgs West Seneca, NY PURPOSE: GENERAL OPERATIONS | $16,000 |
Beg. Balance | $19,097,071 |
Earnings | $3,978,276 |
Net Contributions | $18,997 |
Other Expense | $4,256,667 |
Ending Balance | $18,837,677 |
Organization Name | Assets | Revenue |
---|---|---|
Ufcw Local 1776 & Participating Employers Health & Welfare Fund Plymouth Meeting, PA | $60,321,476 | $63,078,058 |
Childrens Hospital Pittsburgh Foundation Pittsburgh, PA | $343,464,938 | $65,119,589 |
Childrens Hospital Radiology Foundation Inc Boston, MA | $61,711,142 | $41,980,369 |
Steamfitters Local 449 Medical & Benefit Fund Harmony, PA | $89,351,885 | $44,512,937 |
Virtua Health Foundation Inc Marlton, NJ | $110,138,193 | $9,123,196 |
The Erm Group Health & Welfare Trust Malvern, PA | $0 | $29,217,705 |
Marcus Avenue Medical Pc Westbury, NY | $15,403,274 | $17,010,236 |
Indiana Jefferson Radiation Oncology Inc Indiana, PA | $76,804 | $26,313,559 |
Transport Workers Union Roseland, NJ | $16,248,570 | $20,384,690 |
Geisinger Health Danville, PA | $3,255,726,286 | $301,727,565 |
Alyeska Pipeline Service Company Health And Welfare Benefits Trust Pittsburgh, PA | $2,121,654 | $18,868,152 |
Health & Welfare Fund Of Intern Tional Union Of Operating Engi Quincy, MA | $26,422,414 | $20,857,874 |