COMMUNITY FOUNDATION FOR GREATER BUFFALO INC

BUFFALO, NY, 14210-1469 (716) 852-2857 Est. 1919 EIN 22-2743917
T31— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.CFGB.ORG

Mission

THE MISSION OF THE COMMUNITY FOUNDATION FOR GREATER BUFFALO, INC. (THE FOUNDATION) IS TO CONNECT PEOPLE, IDEAS AND RESOURCES TO IMPROVE LIVES IN WESTERN NEW YORK. SINCE ITS ESTABLISHMENT IN 1919, THE FOUNDATION HAS BEEN COMMITTED TO HELPING INDIVIDUALS, FAMILIES, AND ORGANIZATIONS MAKE THEIR CHARITABLE GOALS A REALITY AND TO PROVIDING LEADERSHIP TO HELP ADDRESS CRITICAL COMMUNITY ISSUES AND NEEDS. THE FOUNDATION PROVIDES SOUND MANAGEMENT OF CHARITABLE ASSETS AND A DEEP KNOWLEDGE OF THE WESTERN NEW YORK COMMUNITY TO ENSURE OUR GRANT-MAKING PROGRAMS AND RESOURCES ARE USED STRATEGICALLY AND MOST EFFECTIVELY TO IMPROVE OUR COMMUNITY.

Giving Portfolio

Total Grants
2,908
Total Giving
$165.3M
Recipients
2,838
Years Active
2018 - 2024
Avg grant: $55,722 Median: $23,020

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024562$33.4M $59K129415
2023485$28.6M $59K88395
2022517$39.5M $76K156338
2020549$29.7M $54K221318
2019423$19.2M $45K169247
2018372$14.9M $40K3620

Sectors Funded

Arts, Culture & Humanities
394
Human Services
315
Education
303
Philanthropy & Grantmaking
151
Recreation & Sports
141
Health Care
138
Youth Development
122
Community Improvement
111
and 17 more sectors

Top States

New York
2448
Massachusetts
71
California
47
District of Columbia
40
Florida
34
Colorado
29
Tennessee
29
Washington
19
and 31 more states

Grantee Size Profile

$1M - $5M
672
$10M - $50M
447
$100K - $500K
424
Over $50M
301
$500K - $1M
295
$5M - $10M
164
Under $100K
157

Top Grantees

and 15 more grantees

Grants Awarded · 2727 grants

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Financials

Total Revenue
$48,658,362
Total Expenses
$46,615,540
Net Assets
$730,688,019
52 employees 106 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 11.5%
Expenses ↑ 12.2%
Revenue Sources
Contributions 73.0% Investment 24.7% Other 2.0%
Expense Breakdown
Program 90.4% Management 8.9% Fundraising 0.6%

Officers & Trustees (29)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$48,658,362 $46,615,540$730,688,019
2023 Form 990$54,971,299 $41,559,311$693,950,445
2022 Form 990$56,537,676 $55,052,109$619,886,223
2020 Form 990$53,285,057 $44,761,679$522,340,038
2019 Form 990$60,605,250 $38,027,210$451,960,065
2018 Form 990$36,690,988 $28,972,154$375,140,856

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EIN: 22-2743917 · Source: IRS Form 990 e-file data