Kaleida Health Foundation

Organization Overview

Kaleida Health Foundation is located in Buffalo, NY. The organization was established in 2000. 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, Kaleida Health Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kaleida Health 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, Kaleida Health Foundation generated $6.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $11.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Kaleida Health Foundation has awarded 16 individual grants totaling $62,905,708. 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.

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 KALEIDA HEALTH IN THEIR MISSION TO ADVANCE THE HEALTH OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OTHE ORGANIZATION IS A NOT-FOR-PROFIT CHARITABLE FOUNDATION SUPPORTING THE FOLLOWING DIVISIONS UNDER KALEIDA HEALTH, A RELATED TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM: BUFFALO GENERAL MEDICAL CENTER DEGRAFF MEMORIAL HOSPITAL MILLARD FILLMORE SUBURBAN HOSPITAL GATES VASCULAR INSTITUTE HIGHPOINTE ON MICHIGAN THE ORGANIZATION ALSO SUPPORTS THE VISITING NURSES ASSOCIATION OF WNY, AN AFFILIATE HOME HEALTH CARE AGENCY.WITH SUPPORT FROM ITS BOARD OF DIRECTORS AND THE MANY VOLUNTEERS, THE ORGANIZATION RAISES GIFTS IN THE FORM OF CASH, STOCKS, ESTATE GIFTS, CORPORATE GIFTS AND GRANTS FROM PRIVATE FOUNDATIONS.BY FOSTERING CHARITABLE RELATIONSHIPS AND INCREASING PHILANTHROPY, THE ORGANIZATION SUPPORTS KALEIDA HEALTH IN ITS MISSION TO ADVANCE THE HEALTH OF OUR COMMUNITY EVERY DAY THROUGH EXCEPTIONAL CARE, EDUCATION AND RESEARCH.THE PRIMARY PROGRAMS AND ACTIVITIES OF THE ORGANIZATION INCLUDE:1. KALEIDA BALL - AN ANNUAL DINNER THAT IS A PREMIER FUNDRAISER FOR KALEIDA HEALTH AND ITS AFFILIATES. THE FOUNDATION SOLICITS PATRONS AND ATTENDEES IN ADVANCE OF THE EVENT AS WELL AS CONDUCT OVERALL ACTIVITIES DURING THE EVENT INCLUDING DINNER AND ENTERTAINMENT. THE HIGHLIGHT OF THE EVENING INCLUDES THE PRESENTATION OF THE SPIRIT AWARD WHICH RECOGNIZES LOCAL INDIVIDUALS FOR THEIR SIGNIFICANT AND SPIRITED SUPPORT OF KALEIDA HEALTH AND FOR THEIR DEDICATION TO IMPROVE THE HEALTH OF THE WESTERN NEW YORK COMMUNITY. THE 2021 EVENT WAS CANCELLED DUE TO COVID.2. KALEIDA CLASSIC - AN ANNUAL GOLF TOURNAMENT TO RAISE FUNDS TO SUPPORT THE FOUNDATION AND KALEIDA HEALTH. THE FOUNDATION SOLICITS PATRONS AND PARTICIPANTS IN ADVANCE OF THE TOURNAMENT AS WELL AS CONDUCT OVERALL ACTIVITIES DURING THE EVENT. THE 2021 EVENT WAS HELD ON JULY 12TH AT CRAG BURN COUNTRY CLUB AND PROCEEDS TO BENEFIT THE GREAT LAKES CANCER CARE COLLABORATIAVE. THEY SUPPLY ESSENTIAL FUNDING TO SUPPORT THE NURSES, DOCTORS AND SPECIALIST FROM TEN OF WESTERN NEW YORK'S TOP CANCER CARE PROVIDERS. ABOUT 216 GOLFERS TEED OFF AT THE EVENT AND NETTED OVER $164,000.3. TEE OFF FOR TOTS GOLF TOURNAMENT - AN ANNUAL GOLF TOURNAMENT TO RAISE FUNDS TO SUPPORT THE CHILDREN WHO LIVE AT THE HIGHPOINTE ON MICHIGAN PEDIATRIC PAVILION. THE FOUNDATION SOLICITS PATRONS AND PARTICIPANTS IN ADVANCE OF THE TOURNAMENT AS WELL AS CONDUCT OVERALL ACTIVITIES DURING THE EVENT. THIS YEAR THEY ADDED TENNIS FOR TOTS TO INCLUDE SPOUSES, PARTNERS AND FRIENDS WHO DON'T GOLF BUT WOULD LIKE A FUN WAY TO BE INVOLVED. THEY ALSO HAVE A RAFFLE TO WIN A $4,000 AAA GIFT CARD TO RAISE ADDITIONAL FUNDS. IN SEPTEMBER 2021, THE 27TH YEAR, ON SEPTEMBER 13TH, THERE WERE 118 GOLFERS AND 9 TENNIS PLAYERS AT THE NIAGARA FALLS COUNTRY CLUB AND THE EVENT NETTED OVER $43,000. OUR PEDIATRIC UNIT IS THE ONLY VENTILATOR-ENABLED UNIT IN WESTERN NEW YORK.A SIGNIFICANT PORTION OF THE OPERATING ACTIVITY REFLECTED BY THE ORGANIZATION OCCURS WITHIN THE SPECIAL PURPOSE FUNDS. IN MANY CASES THE USE OF THESE FUNDS IS EITHER PERMANENTLY OR TEMPORARILY RESTRICTED BY THE DONOR. SEE SCHEDULE D, PART V FOR FURTHER DETAIL REGARDING THESE FUNDS.


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Board, Officers & Key Employees

Name (title)Compensation
Carol Horton
Vice President
$272,511
Michael Newman
Director
$0
Mark P Collard
Director
$0
Timothy Vaeth
Vice Chair
$0
Brian J Connolly
Director
$0
Robert J Beck
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,550
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,513,015
Noncash contributions included in lines 1a–1f $201,103
Total Revenue from Contributions, Gifts, Grants & Similar$2,552,565
Total Program Service Revenue$0
Investment income $1,874,591
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,228,445
Net Income from Fundraising Events $247,089
Net Income from Gaming Activities $9,280
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,911,970

Grants Awarded

Over the last fiscal year, Kaleida Health Foundation has awarded $10,338,914 in support to 2 organizations.

Grant RecipientAmount

Buffalo, NY

PURPOSE: DIRECT PAYMENT OF INVOICES

$6,330,023

Buffalo, NY

PURPOSE: MEDICAL EQUIPMENT SUPPORT HOSPITAL

$4,008,891
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kaleida Health Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
American Federation Of Labor & Congress Of Industrial Orgs

West Seneca, NY

PURPOSE: GENERAL OPERATIONS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,813,959
Earnings$2,045,087
Net Contributions$5,963
Other Expense$2,455,443
Ending Balance$13,409,566

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