First Niagara Foundation is located in Buffalo, NY. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Niagara 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, First Niagara Foundation generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (68.1%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, First Niagara Foundation has awarded 417 individual grants totaling $28,980,176. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Crosby President | 0.25 | $0 | |
Ann Segarra Treasurer | 0.25 | $0 | |
Buford Sears Secretary | 0.25 | $0 | |
Trina Evans Director | 0.25 | $0 | |
Gary Quenneville Director | 0.25 | $0 | |
David Zebro Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $18,943 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $5,031 |
Total Revenue | $23,974 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $237 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $1,077 |
Printing and publications | $0 |
Other expenses | $94,357 |
Total operating and administrative expenses | $98,740 |
Contributions, gifts, grants paid | $5,053,601 |
Total expenses and disbursements | $5,152,341 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,014,173 |
Savings and temporary cash investments | $357 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $13,228 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,027,758 |
Accounts payable and accrued expenses | $0 |
Grants payable | $150,000 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $150,000 |
Over the last fiscal year, First Niagara Foundation has awarded $7,363,601 in support to 81 organizations.
Grant Recipient | Amount |
---|---|
716 SQUASH INC PURPOSE: EDUCATION | $20,000 |
ASPIRE OF WESTERN NEW YORK PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |
ARTS FOR LEARNING WNY PURPOSE: WORKFORCE DEVELOPMENT | $25,000 |
ASSEMBLY HOUSE 150 PURPOSE: WORKFORCE DEVELOPMENT | $30,000 |
BESTSELF BEHAVIORAL HEALTH INC PURPOSE: COMMUNITY DEVELOPMENT | $50,000 |
BUFFALO ARTS AND TECHNOLOGY CENTER INC PURPOSE: EDUCATION | $250,000 |