U B Foundation Activities INC

Tax-deductible

Buffalo, NY501(c)(3)Since 1990EIN 16-1372561Revenue $104.3M in FY2025

On file with the IRSub-foundation.orgPo Box 900, 14226-0900 · Buffalo, NYTax-exempt since Jan 1991College/university support org — 170(b)(1)(A)(iv)

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The mission of the organization is to undertake and perform Activities in support of the educational purposes of the state university of new york at buffalo and its various departments, divisions or other entities.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 8 volunteers and 41 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $443K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.5M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $77.7M
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$20.4M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$104.3M
-6% vs prior year
Spent
$103.7M
To programs
85%
Net assets
$125.6M
By yearFY2020–FY2025
Revenue
$104.3M
FY2025▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$96.9M
FY2021$102.3M
FY2022$106.4M
FY2023$98.9M
FY2024$111.2M
FY2025$104.3M
Expenses
$103.7M
FY2025▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$94.5M
FY2021$108.8M
FY2022$102.0M
FY2023$98.0M
FY2024$110.4M
FY2025$103.7M
Net assets
$125.6M
FY2025+0.5%
Tap a bar for its year
Net assets by fiscal year
FY2020$125.4M
FY2021$119.0M
FY2022$123.4M
FY2023$124.3M
FY2024$125.0M
FY2025$125.6M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $87.9M Management & general 6% · $6.0M Fundraising 9% · $9.8M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $1.5M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$389,550Pt VII · Sec A
Chief Financial Officer
$270,017Pt VII · Sec A
Director of Investments
$260,378Pt VII · Sec A
Senior Director of Administration
$159,209Pt VII · Sec A
Senior Manager, Information Systems & Technology
$143,947Pt VII · Sec A
Senior Manager, Financial Services & Controller
$121,076Pt VII · Sec A
Senior Manager, HR & Benefits
$111,376Pt VII · Sec A
Chair/Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Anastacia S Knapper$389,550$361,894$373,671$168,561——
Patrick Richey$270,017$248,804————
Arturo Gutierrez Zatarain$260,378$262,468————
Edward P Schneider——$252,969$259,699$246,674$246,535
Elaine C Schaffer———$159,986$144,295$141,467
Christopher Decker$159,209$151,872$145,610$128,609$116,519—
Richard J Kustich————$144,946$142,138
Donna Malecki$143,947$133,809$130,718———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See U B Foundation Activities INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports educational goals of SUNY Buffalo and its affiliations.

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Provided by the organization

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2 programs · $87.9M · in their own filed words · FY2024
01

The organization administers numerous programs in support of the university at buffalo, state university of new york to support its educational mission. These programs include continuing education, center for the arts, and student orientation.

$75.4Mprogram expense
02

The faculty practice plan includes more than 450 physicians who are also professors at the state university of new york at buffalo school of medicine and biomedical sciences. As professors, they conduct hands-on research and teach classes at the school of medicine and play a significant role in accomplishing the university's educational…

$12.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 66 grants · $172.6M · 2019–2024
Unitemized GrantFY2024$22,992,788
Unitemized GrantFY2024$1,206,804
University Medical Resident ServicesFY2024$1,040,000
Unitemized GrantFY2024$1,026,935
Ub Alumni Association INCNY · FY2024$211,952
University Dental Resident ServicesFY2024$65,000
Unitemized GrantFY2023$25,840,079
Unitemized GrantFY2023$1,302,871
Unitemized GrantFY2023$524,584
Ub Alumni Association INCNY · FY2023$96,594
SUNY Impact Foundation INCNY · FY2023$60,454
See all 66 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$104.3M
Ln 12
Gifts and grantsLn 1h$79.7M
Fees for servicesLn 2g$24.3M
Investment incomeLn 3$233K
Money outPt IX
$103.7M
Ln 25
Programscol B$87.9M
Managementcol C$6.0M
Fundraisingcol D$9.8M
Owns and owesPt X
$125.6M
net assets · Ln 32
Cash and savingsLn 1–2$5.9M
Total assetsLn 16$146.0M
LiabilitiesLn 26$20.4M
PeoplePt VI, VII
15
listed · VII A
PaidVII A7
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$79.7M
Fees for servicesLn 2g$24.3M
Investment incomeLn 3$233K
Other incomeLn 4–11$41K
Total revenueLn 12$104.3M
Assets in detailPt X, end of year
CashLn 1$5.9M
Cash and savings togetherLn 1–2$5.9M
Land, buildings, equipmentLn 10c$120K
Other assetsLn 15$138.9M
Total assetsLn 16$146.0M
LiabilitiesLn 26$20.4M
Net assetsLn 32$125.6M
OperationsPt I, VI
EmployeesI 541
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$4.2M$5.9M
Land, buildings, equipmentLn 10c$132K$120K
Total assetsLn 16$145.5M$146.0M
LiabilitiesLn 26$20.5M$20.4M
Net assetsLn 32$125.0M$125.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.5M$3.5M
Grants to domestic individualsLn 2$25.2M$25.2M
Pay of current officers, directors and key staffLn 5$1.3M$1.3M
Other salaries and wagesLn 7$1.9M$1.9M
Pension plan contributionsLn 8$196K$196K
Other employee benefitsLn 9$477K$477K
Payroll taxesLn 10$669K$669K
Management feesLn 11a$74$74
Legal feesLn 11b$172K$53K$119K
Accounting feesLn 11c$418K$7K$412K
Lobbying feesLn 11d$105K$105K
Professional fundraising feesLn 11e$130K$130K
Investment management feesLn 11f$71K$61K$10K
Other fees for servicesLn 11g$10.8M$10.8M$69K$0
Advertising and promotionLn 12$255K$253K$2K
Office expensesLn 13$2.3M$1.9M$60K$296K
Information technologyLn 14$1.5M$946K$376K$204K
OccupancyLn 16$461K$334K$108K$19K
TravelLn 17$5.1M$4.7M$6K$439K
Conferences, conventions and meetingsLn 19$4.7M$4.3M$27K$351K
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$21K$21K
InsuranceLn 23$922K$738K$184K
Other expenses (24a–d)Ln 24$42.9M$34.5M$55K$8.3M
All other expensesLn 24e$385K$385K$0$0
Total functional expensesLn 25$103.7M$87.9M$6.0M$9.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $104.3M$103.7M$583K$125.6M 990 PDF
FY2024 $111.2M$110.4M$782K$125.0M 990 PDF
FY2023 $98.9M$98.0M$900K$124.3M 990 PDF
FY2022 $106.4M$102.0M$4.4M$123.4M 990 PDF
FY2021 $102.3M$108.8M−$6.5M$119.0M 990 PDF
FY2020 $96.9M$94.5M$2.5M$125.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $104,263,165 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $78,282,535$79,735,434
I-9 Program service revenuePrior year $32,637,254$24,253,481
I-10 Investment incomePrior year $235,424$232,839
I-11 Other revenuePrior year $36,607$41,411
I-12 Total revenuePrior year $111,191,820$104,263,165
I-13 Grants and similar amounts paidPrior year $35,094,465$28,733,405
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $4,901,405$4,580,743
I-16a Professional fundraising feesPrior year $622,828$130,000
I-17 Other expensesPrior year $69,791,385$70,236,217
I-18 Total expensesPrior year $110,410,083$103,680,365
I-19 Revenue less expensesPrior year $781,737$582,800
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $104,263,165 across 6 lines filed
Lines not itemized here account for $2,969,985 of total revenue; see the IRS return.
VIII-1d Related organizations$77,561,993
VIII-1f All other contributions, gifts and grants$2,173,441
VIII-1h Total contributions, gifts and grants$79,735,434
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $21,324,907$21,324,907
VIII-3 Investment incomeExcluded from tax $232,839$232,839
VIII-12 Total revenueRelated to mission $24,253,481 · Unrelated business $0 · Excluded from tax $274,250$104,263,165
Part IX · Statement of functional expenses $103,680,365 across 25 lines filed
IX-1 Grants to domestic organizationsPrograms $3,506,878$3,506,878
IX-2 Grants to domestic individualsPrograms $25,226,527$25,226,527
IX-5 Pay of current officers, directors and key staffManagement $1,323,248$1,323,248
IX-7 Other salaries and wagesManagement $1,916,227$1,916,227
IX-8 Pension plan contributionsManagement $195,711$195,711
IX-9 Other employee benefitsManagement $476,998$476,998
IX-10 Payroll taxesManagement $668,559$668,559
IX-11a Management feesManagement $74$74
IX-11b Legal feesPrograms $53,443 · Management $118,506$171,949
IX-11c Accounting feesPrograms $6,650 · Management $411,726$418,376
IX-11d Lobbying feesPrograms $105,000$105,000
IX-11e Professional fundraising feesFundraising $130,000$130,000
IX-11f Investment management feesPrograms $60,853 · Fundraising $9,853$70,706
IX-11g Other fees for servicesPrograms $10,781,173 · Management $68,793 · Fundraising $0$10,849,966
IX-12 Advertising and promotionPrograms $252,541 · Fundraising $2,125$254,666
IX-13 Office expensesPrograms $1,949,023 · Management $60,488 · Fundraising $296,096$2,305,607
IX-14 Information technologyPrograms $945,871 · Management $376,304 · Fundraising $203,694$1,525,869
IX-16 OccupancyPrograms $333,927 · Management $108,158 · Fundraising $18,631$460,716
IX-17 TravelPrograms $4,693,154 · Management $6,338 · Fundraising $438,869$5,138,361
IX-19 Conferences, conventions and meetingsPrograms $4,341,977 · Management $26,932 · Fundraising $351,187$4,720,096
IX-20 InterestManagement $1,035$1,035
IX-22 Depreciation, depletion and amortizationManagement $21,410$21,410
IX-23 InsurancePrograms $738,444 · Management $184,056$922,500
IX-24 Other expenses (24a–d)Programs $34,516,881 · Management $54,781 · Fundraising $8,313,679$42,885,341
IX-24e All other expensesPrograms $384,545 · Management $0 · Fundraising $0$384,545
IX-25 Total functional expensesPrograms $87,896,887 · Management $6,019,344 · Fundraising $9,764,134$103,680,365
Part X · Balance sheet $146,007,494 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $4,237,128$5,887,814
X-4 Accounts receivableStart of year $823,702$1,114,133
X-9 Prepaid expenses and deferred chargesStart of year $0$9,157
X-10c Land, buildings and equipment, netStart of year $132,489$120,335
X-15 Other assetsStart of year $140,346,443$138,876,055
X-16 Total assetsStart of year $145,539,762$146,007,494
X-17 Accounts payable and accrued expensesStart of year $10,191,296$10,833,810
X-24 Unsecured notes and loans payableStart of year $5,458,296$5,092,576
X-25 Other liabilitiesStart of year $3,476,650$2,821,680
X-26 Total liabilitiesStart of year $20,495,039$20,379,971
X-27 Net assets without donor restrictionsStart of year $125,044,723$125,627,523
X-32 Total net assets or fund balancesStart of year $125,044,723$125,627,523
X-33 Total liabilities and net assetsStart of year $145,539,762$146,007,494
Part XI · Reconciliation of net assets $125,627,523 net assets at year end
XI-1 Total revenue$104,263,165
XI-2 Total expenses$103,680,365
XI-3 Revenue less expenses$582,800
XI-4 Net assets at start of year$125,044,723
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$125,627,523

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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