Nonprofit · EIN 16-6037117
BUFFALO STATE COLLEGE FOUNDATION INC
Tax-exempt · BUFFALO, NY 14222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,143,426 | $7,099,743 | $5,043,683 | $127,008,020 | $2,048,387 | $124,959,633 |
| June 30, 2024 | 990 | $14,177,380 | $5,493,050 | $8,684,330 | $115,563,163 | $2,449,558 | $113,113,605 |
| June 30, 2023 | 990 | $7,192,795 | $5,761,289 | $1,431,506 | $101,682,065 | $2,911,024 | $98,771,041 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,051,273
- Program service revenue
- $0
- Investment income
- $3,550,107
- Net gain from sales of assets
- $1,712,668
- Net income from fundraising events
- -$50,128
- Other revenue
- $542,046
Expenses
- Grants and similar amounts paid
- $2,113,345
- Other salaries and wages
- $36,491
- Salaries, compensation and benefits (total)
- $39,917
- Professional fundraising fees
- $113,113
- Legal fees
- $37,462
- Travel
- $200,125
- Program services (functional)
- $6,078,403
- Management and general (functional)
- $728,578
- Fundraising (functional)
- $292,762
Balance sheet and other
- Total assets, start of year
- $115,563,163
- Total assets, end of year
- $127,008,020
- Total liabilities, end of year
- $2,048,387
- Net assets, end of year
- $124,959,633
- Net assets without donor restrictions
- $25,101,363
- Net assets with donor restrictions
- $99,858,270
- Gross unrelated business income
- $25,621
- Gross receipts
- $16,785,226
- Employees
- 38
- Volunteers
- 50
- Year formed
- 1966
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY L ELLIOTT | CHAIR Trustee or director, Officer | 1 | $0 |
| TRACY A SAWICKI | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| NANCY L COX | TREASURER Trustee or director, Officer | 1 | $0 |
| JAMES J REHAK | SECRETARY Trustee or director, Officer | 1 | $0 |
| JAMES M FINNERTY | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 |
| C TEO BALBACH | DIRECTOR Trustee or director | 1 | $0 |
| STACY LEWIS BEAUFORD | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL BONITATIBUS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES BRANDYS | DIRECTOR Trustee or director | 1 | $0 |
| JODY E BRIANDI | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT W CHRISTMANN | DIRECTOR Trustee or director | 1 | $0 |
| VINCENT CUTRONA | DIRECTOR Trustee or director | 1 | $0 |
| KATHY R DOODY | DIRECTOR Trustee or director | 1 | $0 |
| BONITA R DURAND | DIRECTOR Trustee or director | 1 | $0 |
| AITINA FAREED-COOKE | DIRECTOR Trustee or director | 1 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| XINOZEA FERGUSON-GISCOMBE | DIRECTOR Trustee or director | 1 | $0 |
| ABDI HAJIKANDI | DIRECTOR Trustee or director | 1 | $0 |
| KARA HANDZLIK | DIRECTOR Trustee or director | 1 | $0 |
| JEREMY C HUDSON | DIRECTOR Trustee or director | 1 | $0 |
| JAMES E IGLEWSKI | DIRECTOR Trustee or director | 1 | $0 |
| SHOMARI A JAMES | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT J LAMENDOLA | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY NANULA | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS T O'BRIEN | DIRECTOR Trustee or director | 1 | $0 |
| GENE ALEXANDER PETERS | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL O PROTO | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH J SODARO | DIRECTOR Trustee or director | 1 | $0 |
| DAVID TAGGART | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY L ELLIOTT | CHAIR Trustee or director, Officer | 1 | $0 |
| TRACY A SAWICKI | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| NANCY L COX | TREASURER Trustee or director, Officer | 1 | $0 |
| JAMES J REHAK | SECRETARY Trustee or director, Officer | 1 | $0 |
| JAMES M FINNERTY | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 |
| C TEO BALBACH | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL BONITATIBUS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES BRANDYS | DIRECTOR Trustee or director | 1 | $0 |
| JODY E BRIANDI | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT W CHRISTMANN | DIRECTOR Trustee or director | 1 | $0 |
| BONITA R DURAND | DIRECTOR Trustee or director | 1 | $0 |
| ANITINA FAREED-COOKE | DIRECTOR Trustee or director | 1 | $0 |
| KARA HANDZLIK | DIRECTOR Trustee or director | 1 | $0 |
| JEREMY C HUDSON | DIRECTOR Trustee or director | 1 | $0 |
| JAMES E IGLEWSKI | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT J LAMENDOLA | DIRECTOR Trustee or director | 1 | $0 |
| STACY LEWIS BEAUFORD | DIRECTOR Trustee or director | 1 | $0 |
| JAMES P LOMBARDO JR | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY NANULA | DIRECTOR Trustee or director | 1 | $0 |
| ANGELA NICOTERA | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS T O'BRIEN | DIRECTOR Trustee or director | 1 | $0 |
| GENE ALEXANDER PETERS | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL O PROTO | DIRECTOR Trustee or director | 1 | $0 |
| RAQUEL SCHMIDT | DIRECTOR Trustee or director | 1 | $0 |
| CELESTINE A SIMMONS | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH J SODARO | DIRECTOR Trustee or director | 1 | $0 |
| DAVID TAGGART | DIRECTOR Trustee or director | 1 | $0 |
| BENJAMIN M ZUFFRANIERI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 29 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY L ELLIOTT | CHAIR Trustee or director, Officer | 1 | $0 |
| TRACY A SAWICKI | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| NANCY L COX | TREASURER Trustee or director, Officer | 1 | $0 |
| JAMES J REHAK | SECRETARY Trustee or director, Officer | 1 | $0 |
| JAMES M FINNERTY | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 |
| C TEO BALBACH | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL BONITATIBUS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES BRANDYS | DIRECTOR Trustee or director | 1 | $0 |
| JODY E BRIANDI | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT W CHRISTMANN | DIRECTOR Trustee or director | 1 | $0 |
| BONITA R DURAND | DIRECTOR Trustee or director | 1 | $0 |
| ANITINA FAREED-COOKE | DIRECTOR Trustee or director | 1 | $0 |
| KARA HANDZLIK | DIRECTOR Trustee or director | 1 | $0 |
| JEREMY C HUDSON | DIRECTOR Trustee or director | 1 | $0 |
| JAMES E IGLEWSKI | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT J LAMENDOLA | DIRECTOR Trustee or director | 1 | $0 |
| STACY LEWIS BEAUFORD | DIRECTOR Trustee or director | 1 | $0 |
| JAMES P LOMBARDO JR | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY NANULA | DIRECTOR Trustee or director | 1 | $0 |
| ANGELA NICOTERA | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS T O'BRIEN | DIRECTOR Trustee or director | 1 | $0 |
| GENE ALEXANDER PETERS | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL O PROTO | DIRECTOR Trustee or director | 1 | $0 |
| RAQUEL SCHMIDT | DIRECTOR Trustee or director | 1 | $0 |
| CELESTINE A SIMMONS | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH J SODARO | DIRECTOR Trustee or director | 1 | $0 |
| DAVID TAGGART | DIRECTOR Trustee or director | 1 | $0 |
| JAMES A THOR | DIRECTOR Trustee or director | 1 | $0 |
| BENJAMIN M ZUFFRANIERI | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1300 ELMWOOD AVE, BUFFALO, NY 14222-1004
- In care of
- % GC 215
- Principal officer (990 for 2024)
- JAMES M FINNERTY, 1300 ELMWOOD AVENUE, BUFFALO, NY 14222
- Signed the 990
- JAMES M FINNERTY, EXECUTIVE DIRECTOR
- Phone
- (716) 878-4324
- Website
- WWW.BUFFALOSTATE.EDU
- Return prepared by
- LUMSDEN & MCCORMICK LLP
Mission
TO ADVANCE THE WELFARE AND DEVELOPMENT OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO STATE UNIVERSITY (THE UNIVERSITY) AND TO SUPPORT ITS GOALS OF EXCELLENCE IN TEACHING AND SCHOLARSHIP, CULTURAL ENRICHMENT AND SERVICE. THE FOUNDATION FURTHERS ITS MISSION BY FOSTERING PRIVATE SECTOR PARTICIPATION IN THE UNIVERSITY'S ENDEAVORS, PARTICULARLY IN THE AREAS OF PHILANTHROPY AND FUNDRAISING, AND BY PROVIDING VARIOUS SUPPORT SERVICES TO THE UNIVERSITY.
Program accomplishments
- PROVIDING FINANCIAL ASSISTANCE TO THE UNIVERSITY AND ITS AFFILIATED ORGANIZATIONS, FACULTY, STAFF AND STUDENTS, INCLUDING, BUT NOT LIMITED TO, SCHOLARSHIPS, FELLOWSHIPS, AND LOANS TO STUDENTS; SUPPORTING RESEARCH PROGRAMS, CONFERENCES, SEMINARS, ART EXHIBITIONS AND CULTURAL EVENTS, ACQUIRING EQUIPMENT FOR EDUCATIONAL AND RESEARCH PROJECTS, LIBRARY HOLDINGS, ART-RELATED AND LITERARY COLLECTIONS, ACADEMIC CHAIRS, ATHLETIC PROGRAMS, THE BUFFALO STATE COLLEGE ALUMNI ASSOCIATION, COLLEGE-COMMUNITY PROGRAMS, FACULTY AND STAFF TRAVEL, COLLEGE-RELATED PUBLICATIONS, CAMPUS BEAUTIFICATION; AND PROVIDING EXPENSE FUNDS FOR UNIVERSITY OFFICIALS.Expenses $6,078,403 · grants $2,113,345
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 16-6037117
- 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
- 1966
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $127,008,020
- Income (IRS master file)
- $16,785,226
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,143,426 | $7,099,743 | $127,008,020 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $14,177,380 | $5,493,050 | $115,563,163 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $7,192,795 | $5,761,289 | $101,682,065 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $13,426,991 | $4,848,089 | $99,437,046 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 16-6037117).
Questions about BUFFALO STATE COLLEGE FOUNDATION INC
- What is the EIN of BUFFALO STATE COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of BUFFALO STATE COLLEGE FOUNDATION INC is 16-6037117.
- Is BUFFALO STATE COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to BUFFALO STATE COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUFFALO STATE COLLEGE 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 BUFFALO STATE COLLEGE 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 BUFFALO STATE COLLEGE 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 BUFFALO STATE COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names JAMES M FINNERTY.
- Who are the officers and directors of BUFFALO STATE COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 28 people; 0 received compensation from the organization.
- How much revenue does BUFFALO STATE COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,143,426, expenses of $7,099,743 and total assets of $127,008,020 at year end.
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