Buffalo Sabres Foundation
- Assets
- $571.8k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 16-1478403
Organization Overview
Buffalo Sabres Foundation is located in Buffalo, NY. The organization was established in 1995. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Sabres 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 12/2022, Buffalo Sabres Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 0.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Buffalo Sabres Foundation has awarded 185 individual grants totaling $7,101,587. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STIMULATE, SUPPORT AND ENCOURAGE ORGANIZATIONS THAT SERVE WESTERN NEW YORK WHICH ARE COMMITTED TO YOUTH HOCKEY INITIATIVES; THE HEALTH, WELLNESS AND EDUCATION OF UNDERPRIVILEGED / DISADVANTAGED YOUTH AND MILITARY PERSONNEL; AND PHYSICALLY AND MENTALLY CHALLENGED ATHLETES, BY PROVIDING FINANCIAL GENEROSITY AND OTHER PLATFORMS FOR THEIR ENDEAVORS. THROUGH SUCH SUPPORT THESE ORGANIZATIONS WILL REALIZE THEIR HIGHEST POTENTIAL, THEREBY ALLOWING THEIR MEMBERS TO GAIN THE CONFIDENCE AND INTEGRITY NECESSARY TO SUCCEED IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STIMULATED, SUPPORTED AND ENCOURAGED ORGANIZATIONS THAT SERVE WESTERN NEW YORK WHICH ARE COMMITTED TO YOUTH HOCKEY INITIATIVES; THE HEALTH, WELLNESS AND EDUCATION OF UNDERPRIVILEGED / DISADVANTAGED YOUTH AND MILITARY PERSONNEL; AND PHYSICALLY AND MENTALLY CHALLENGED ATHLETES, BY PROVIDING FINANCIAL GENEROSITY AND OTHER PLATFORMS FOR THEIR ENDEAVORS. THROUGH SUCH SUPPORT THESE ORGANIZATIONS WILL REALIZE THEIR HIGHEST POTENTIAL, THEREBY ALLOWING THEIR MEMBERS TO GAIN THE CONFIDENCE AND INTEGRITY NECESSARY TO SUCCEED IN LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Jureller Board Member/president | OfficerTrustee | 1 | $0 |
David Zygaj Board Member/secretary | OfficerTrustee | 1 | $0 |
Kyle Allen Board Member/treasurer | OfficerTrustee | 1 | $0 |
Alphonso O'neil-White Board Member | Trustee | 1 | $0 |
Laurel A Dibrog Board Member | Trustee | 1 | $0 |
Kevin Reilly Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,656 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,567 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,223 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,218,309 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,237,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,137,356 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $4,361 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,349,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $392,312 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $179,476 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $571,788 |
| Accounts payable and accrued expenses | $250,964 |
| Grants payable | $0 |
| Deferred revenue | $18,920 |
| 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 | $0 |
| Total liabilities | $269,884 |
| Net assets without donor restrictions | $301,904 |
| Net assets with donor restrictions | $0 |
| 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 | $571,788 |
Grants Awarded
Over the last fiscal year, Buffalo Sabres Foundation has awarded $754,843 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BEST BUDDIES NEW YORK PURPOSE: GENERAL ASSISTANCE | $10,000 |
BUFFALO JUNIOR SABRES PURPOSE: GENERAL ASSISTANCE | $222,222 |
FANTHEM FOUNDATION INC PURPOSE: GENERAL ASSISTANCE | $70,000 |
EXPLORE & MORE CHILDREN'S MUSEUM PURPOSE: GENERAL ASSISTANCE | $51,100 |
EIGHT DAYS OF HOPE PURPOSE: GENERAL ASSISTANCE | $10,000 |
FEEDMORE WNY PURPOSE: GENERAL ASSISTANCE | $10,000 |