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Nonprofit · EIN 16-0865182

UNIVERSITY AT BUFFALO FOUNDATION INC

Tax-exempt · BUFFALO, NY 14226

Financials

$82.8M$77.9M2022$123.2M$94.7M2023$128.7M$92.2M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY AT BUFFALO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$128,651,944$92,173,911$36,478,033$1,546,784,593$201,548,086$1,345,236,507
June 30, 2024990$123,201,329$94,700,123$28,501,206$1,436,699,139$207,167,834$1,229,531,305
June 30, 2023990$82,759,030$77,927,154$4,831,876$1,367,532,436$244,439,623$1,123,092,813
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$52,830,897
of which government grants
$12,638,252
Program service revenue
$638,416
Investment income
$75,182,631
Net gain from sales of assets
$51,173,970
Other revenue
$0

Expenses

Grants and similar amounts paid
$77,561,993
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$638,312
Program services (functional)
$91,526,443
Management and general (functional)
$9,156
Fundraising (functional)
$638,312

Balance sheet and other

Total assets, start of year
$1,436,699,139
Total assets, end of year
$1,546,784,593
Total liabilities, end of year
$201,548,086
Net assets, end of year
$1,345,236,507
Land, buildings and equipment
$1,482,610
Publicly traded securities
$1,228,825,197
Net assets without donor restrictions
$278,081,923
Net assets with donor restrictions
$1,067,154,584
Gross unrelated business income
$985,058
Gross receipts
$541,247,381
Employees
0
Volunteers
23
Year formed
1962
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANASTACIA S KNAPPERCHIEF EXECUTIVE OFFICER
Officer
20$0$389,550$74,275
PATRICK RICHEYCHIEF FINANCIAL OFFICER
Officer
20$0$270,017$32,350
GREGORY BAUERCHAIR/TRUSTEE
Trustee or director, Officer
1$0$0$0
JEAN POWERSSECRETARY/TRUSTEE
Trustee or director, Officer
1$0$0$0
DANIEL K MAGNUSZEWSKITRUSTEE
Trustee or director
1$0$0$0
DANIEL M HAMISTERDIRECTOR
Trustee or director
1$0$0$0
DANIEL SPERRAZZATRUSTEE
Trustee or director
1$0$0$0
DANIELLE SHAINBROWNTRUSTEE
Trustee or director
1$0$0$0
EILEEN SILVERSTRUSTEE
Trustee or director
2$0$0$0
HELEN CAPPUCCINOTRUSTEE
Trustee or director
1$0$0$0
JAMES PALMISCIANOTRUSTEE
Trustee or director
1$0$0$0
JASON BIRDTRUSTEE
Trustee or director
1$0$0$0
KATHIE KELLERTRUSTEE
Trustee or director
2$0$0$0
KATHLEEN HAMMTRUSTEE
Trustee or director
1$0$0$0
LOUIS JACOBSTRUSTEE (until 5/15/25)
Trustee or director
1$0$0$0
10 more people on this return
NameTitleHours / weekCompensation
MARGARET MCGLYNNTRUSTEE
Trustee or director
1$0
MICHAEL MURRAYTRUSTEE
Trustee or director
1$0
MICHAEL OLFANOTRUSTEE
Trustee or director
1$0
NAGENDRA RAINATRUSTEE
Trustee or director
1$0
PAUL A NUSSBAUMTRUSTEE (as of 7/1/24)
Trustee or director
1$0
ROBERT DENNINGTREASURER/TRUSTEE
Trustee or director
1$0
SATISH TRIPATHITRUSTEE
Trustee or director
1$0
STEVEN H SHEPSMANTRUSTEE
Trustee or director
1$0
TERESA BAIRTRUSTEE
Trustee or director
1$0
TERRENCE M GILBRIDETRUSTEE (AS OF 7/1/2024)
Trustee or director
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANASTACIA KNAPPERCHIEF EXECUTIVE OFFICER
Officer
20$0$361,894$68,156
PATRICK RICHEYCHIEF FINANCIAL OFFICER
Officer
20$0$248,804$29,814
TERESA BAIRTRUSTEE
Trustee or director
1$0$0$0
GREGORY BAUERCHAIR/TRUSTEE
Trustee or director, Officer
1$0$0$0
JASON BIRDTRUSTEE
Trustee or director
1$0$0$0
HELEN CAPPUCCINOTRUSTEE
Trustee or director
1$0$0$0
ROBERT DENNINGTREASURER/TRUSTEE
Trustee or director
1$0$0$0
GREGG FISHERTRUSTEE
Trustee or director
1$0$0$0
DANIEL HAMISTERTRUSTEE
Trustee or director
1$0$0$0
KATHLEEN HAMMTRUSTEE (AS OF 7/1/23)
Trustee or director
1$0$0$0
LOUIS JACOBSTRUSTEE
Trustee or director
1$0$0$0
KATHIE KELLERTRUSTEE
Trustee or director
2$0$0$0
DANIEL MAGNUSZEWSKITRUSTEE (AS OF 7/1/23)
Trustee or director
1$0$0$0
MARGARET MCGLYNNTRUSTEE (AS OF 7/1/23)
Trustee or director
1$0$0$0
DALE MCKIM IIITRUSTEE
Trustee or director
2$0$0$0
MICHAEL MURRAYTRUSTEE (AS OF 7/1/23)
Trustee or director
1$0$0$0
MICHAEL OLFANOTRUSTEE (AS OF 7/1/23)
Trustee or director
1$0$0$0
JAMES PALMISCIANOTRUSTEE
Trustee or director
1$0$0$0
JEAN POWERSSECRETARY/TRUSTEE
Trustee or director, Officer
1$0$0$0
NAGENDRA RAINATRUSTEE
Trustee or director
1$0$0$0
DANIELLE SHAINBROWNTRUSTEE
Trustee or director
1$0$0$0
STEVEN SHEPSMANTRUSTEE
Trustee or director
1$0$0$0
EILEEN SILVERSTRUSTEE
Trustee or director
2$0$0$0
DANIEL SPERRAZZATRUSTEE
Trustee or director
1$0$0$0
SATISH TRIPATHITRUSTEE
Trustee or director
1$0$0$0
SUJATA YALAMANCHILITRUSTEE (THRU 12/31/23)
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANASTACIA KNAPPERCHIEF EXECUTIVE OFFICER
Officer
20$0$373,671$64,350
EDWARD SCHNEIDERFORMER EXECUTIVE DIRECTOR
Former
0$0$252,969$0
MASON ASHETRUSTEE
Trustee or director
1$0$0$0
TERESA BAIRTRUSTEE
Trustee or director
1$0$0$0
GREGORY BAUERCHAIR/TRUSTEE
Trustee or director, Officer
1$0$0$0
JASON BIRDTRUSTEE
Trustee or director
1$0$0$0
HELEN CAPPUCCINOTRUSTEE
Trustee or director
1$0$0$0
ROBERT DENNINGTREASURER/TRUSTEE
Trustee or director
1$0$0$0
GREGG FISHERTRUSTEE
Trustee or director
1$0$0$0
CLAUDIA FOSKETTRUSTEE
Trustee or director
1$0$0$0
DANIEL HAMISTERTRUSTEE
Trustee or director
1$0$0$0
LOUIS JACOBSTRUSTEE
Trustee or director
1$0$0$0
DALE MCKIM IIITRUSTEE
Trustee or director
2$0$0$0
KATHIE KELLERTRUSTEE
Trustee or director
2$0$0$0
JAMES PALMISCIANOTRUSTEE (AS OF 07/01/22)
Trustee or director
1$0$0$0
DAVID PFALZGRAFTRUSTEE
Trustee or director
1$0$0$0
JEAN POWERSSECRETARY/TRUSTEE
Trustee or director, Officer
1$0$0$0
THOMAS QUEALYTRUSTEE
Trustee or director
1$0$0$0
NAGENDRA RAINATRUSTEE
Trustee or director
1$0$0$0
MURRAY ROSENTHALTRUSTEE
Trustee or director
1$0$0$0
STEVEN SHEPSMANTRUSTEE
Trustee or director
1$0$0$0
EILEEN SILVERSTRUSTEE
Trustee or director
2$0$0$0
DANIEL SPERRAZZATRUSTEE
Trustee or director
1$0$0$0
SATISH TRIPATHITRUSTEE
Trustee or director
1$0$0$0
SUJATA YALAMANCHILITRUSTEE
Trustee or director
1$0$0$0
PATRICK RICHEYCHIEF FINANCIAL OFF (AS OF 12/12/22)
Officer
20$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 900, BUFFALO, NY 14226-0900
In care of
% ANASTACIA KNAPPER
Principal officer (990 for 2024)
ANASTACIA S KNAPPER, BOX 900, BUFFALO, NY 142260900
Signed the 990
PATRICK E RICHEY, CHIEF FINANCIAL OFFICER
Phone
(716) 645-3013
Return prepared by
KPMG LLP

Mission

THE MISSION OF THE UNIVERSITY AT BUFFALO FOUNDATION, INC. IS TO SUPPORT AND PROMOTE THE ACTIVITIES AND PROGRAMS OF THE UNIVERSITY AT BUFFALO, STATE UNIVERSITY OF NEW YORK.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT FUNDS MADE AVAILABLE TO A UNIVERSITY AT BUFFALO FOUNDATION, INC. AFFILIATE TO FURTHER THE EDUCATION MISSION OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO. THESE FUNDS ARE THE RESULT OF GIFT REVENUES AND SPENDABLE AMOUNTS GENERATED THROUGH THE INVESTMENT OF THE LONG-TERM PORTFOLIO. THE FUNDS ARE ADMINISTERED SUBJECT TO DONOR RESTRICTIONS AND THE UNIVERSITY'S NEEDS.
    Expenses $77,561,993 · grants $77,561,993 · revenue $638,416
  • INVESTMENTS ARE MANAGED UNDER THE SUPERVISION OF UBF'S BOARD INVESTMENT COMMITTEE. MORE THAN SIXTY PROFESSIONAL INVESTMENT MANAGERS CURRENTLY SHARE IN THE ADMINISTRATION OF THE PORTFOLIO, WITH PERFORMANCE MONITORED BY THE TRUSTEES. INCLUDED IN THIS TOTAL ARE CERTAIN INVESTMENTS, KNOWN AS THE LONG-TERM PORTFOLIO AS WELL AS OTHER SMALL INVESTMENT POOLS HAVING A MARKET VALUE OF $1,475,345,458 AT JUNE 30, 2025. THE PERFORMANCE OF THE PORTFOLIO IS ESSENTIAL TO THE EDUCATION MISSION OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO.
    Expenses $12,233,677 · revenue $50,478,809
  • UBF PROVIDED ADVICE AND COUNSEL REGARDING PHILANTHROPY AND FUNDRAISING, AND PROCESSED AND MANAGED GIFT REVENUES ON BEHALF OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO TO SUPPORT THE EDUCATION MISSION OF THE UNIVERSITY.
    Expenses $1,730,773

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
16-0865182
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1963
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$1,546,784,593
Income (IRS master file)
$541,247,381

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$128,651,944$92,173,911$1,546,784,593IRS
990-TJune 2025–––IRS
990June 2024$123,201,329$94,700,123$1,436,699,139IRS
990-TJune 2024–––IRS
990June 2023$82,759,030$77,927,154$1,367,532,436XML
990-TJune 2023–––IRS
990June 2022$46,606,531$76,410,628$1,234,149,940IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-0865182).

Questions about UNIVERSITY AT BUFFALO FOUNDATION INC

What is the EIN of UNIVERSITY AT BUFFALO FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY AT BUFFALO FOUNDATION INC is 16-0865182.
Is UNIVERSITY AT BUFFALO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Are donations to UNIVERSITY AT BUFFALO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY AT BUFFALO FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY AT BUFFALO FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY AT BUFFALO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY AT BUFFALO FOUNDATION INC?
The 990 for the year ended June 30, 2025 names ANASTACIA S KNAPPER.
Who are the officers and directors of UNIVERSITY AT BUFFALO FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 25 people; 0 received compensation from the organization.
How much revenue does UNIVERSITY AT BUFFALO FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $128,651,944, expenses of $92,173,911 and total assets of $1,546,784,593 at year end.

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