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 12/2022, Kaleida Health Foundation employed 8 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 12/2022, Kaleida Health Foundation generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $8.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kaleida Health Foundation has awarded 18 individual grants totaling $69,622,845. 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
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 2022 EVENT WAS CANCELLED DUE TO COVID BUT WAS HELD IN EARLY 2023. FUNDRAISING FOR THIS EVENT TOOK PLACE IN THE LATTER HALF OF 2022 WITH PROCEEDS BENEFITTING THE GATES VASCULAR INSTITUTE.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 2022 EVENT WAS HELD ON JULY 11TH AT WANAKAH COUNTRY CLUB AND PROCEEDS TO BENEFIT THE GREAT LAKES CANCER CARE COLLABORATIVE. THE EVENT RAISED A NET INCOME OF $184,786 FOR GLCCC.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. TENNIS FOR TOTS WAS INCLUDED FOR A SECOND YEAR 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 VISA GIFT CARD TO RAISE ADDITIONAL FUNDS. IN SEPTEMBER 2022, THE 28TH YEAR, ON SEPTEMBER 12TH, THEY WERE AT THE NIAGARA FALLS COUNTRY CLUB, THE EVENT RAISED A NET OF $38,869 TO HELP THE RENOVATION EFFORTS OF THE SOFT PLAYROOM.4. MEAT RAFFLE BENEFITTING HIGHPOINTE - THE PURPOSE OF THIS EVENT IS TO HELP RAISE MONEY FOR THE PEDIATRIC PAVILION AT HIGHPOINTE ON MICHIGAN. THESE FUNDS HELPED TO BENEFIT CHILDREN WHO ARE DEPENDENT ON MEDICAL AND TECHNOLOGICAL ADVANCES IN THE AREA. AS THE ONLY LONG-TERM CARE FACILITY FOR CHILDREN IN WNY, THESE FUNDS FROM THIS EVENT HELP ALLOW FAMILIES TO STAY CLOSE TO THEIR CHILDREN THAT NEED THE EXTRA CARE. THIS EVENT WAS HELD ON APRIL 1ST, AND RAISED A NET OF $47,689.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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carol Horton Vice President | OfficerTrustee | 40 | $329,733 |
Robert J Beck Chair (thru March 2022) | Trustee | 1 | $0 |
Timothy Vaeth Chair (as Of March 2022) | Trustee | 1 | $0 |
Mark P Collard Director | Trustee | 1 | $0 |
Brian J Connolly Director | Trustee | 1 | $0 |
Sean Keenan Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $40,820 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,134,197 |
Noncash contributions included in lines 1a–1f | $17,610 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,175,017 |
Total Program Service Revenue | $0 |
Investment income | $1,566,328 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $413,336 |
Net Income from Fundraising Events | $271,344 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,426,025 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,717,137 |
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. | $329,733 |
Compensation of current officers, directors, key employees. | $131,893 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $611,668 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $274,960 |
Payroll taxes | $62,148 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $66,583 |
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 | $70,064 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $102,764 |
Travel | $120,004 |
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 | $21,306 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $8,775,976 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,016,945 |
Savings and temporary cash investments | $1,376,563 |
Pledges and grants receivable | $1,643,479 |
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 | $639,443 |
Net Land, buildings, and equipment | $28,968 |
Investments—publicly traded securities | $13,779,264 |
Investments—other securities | $25,590,063 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $400,000 |
Total assets | $44,474,725 |
Accounts payable and accrued expenses | $334,187 |
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 | $16,280,958 |
Total liabilities | $16,615,145 |
Net assets without donor restrictions | $2,439,564 |
Net assets with donor restrictions | $25,420,016 |
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 | $44,474,725 |
Over the last fiscal year, Kaleida Health Foundation has awarded $6,717,137 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
KALEIDA HEALTH PURPOSE: MEDICAL EQUIPMENT SUPPORT HOSPITAL | $1,587,639 |
KALEIDA HEALTH PURPOSE: DIRECT PAYMENT OF INVOICES | $5,129,498 |