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Nonprofiteer
← BUFFALO ROTARY FOUNDATION INC

Form 990 for tax year 2023

Filed by BUFFALO ROTARY FOUNDATION INC.

Totals

Total revenue
$62,544
Total expenses
$85,720
Contributions and grants received
$32,346
Grants paid
$49,410
Program service revenue
$0
Investment income
$30,198
Other revenue
$0
Total assets, end of year
$1,152,007
Total liabilities, end of year
$3,750
Net assets or fund balances, end of year
$1,148,257
Program services expenses (Part IX)
$49,410
Management and general expenses
$36,310
Fundraising expenses
$0
Program service expenses (Part III)
$49,410

Program services were 57.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $32,346

  • 3 · Investment income

    total $30,198 · excluded $30,198

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $49,410 · program services $49,410

  • 11c · Fees: accounting

    total $7,725 · management and general $7,725

  • 11f · Fees: investment management

    total $10,878 · management and general $10,878

  • 11g · Fees: other

    total $16,250 · management and general $16,250

  • 24a · Other expenses: MISCELLANEOUS EXPENSE

    total $1,457 · management and general $1,457

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $15,797 · end of year $14,110

  • 4 · Accounts receivable

    beginning of year $1,560

  • 11 · Investments: publicly traded securities

    beginning of year $1,088,391 · end of year $1,137,897

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,000

  • 25 · Other liabilities

    beginning of year $2,500 · end of year $3,750

  • 27 · Net assets without donor restrictions

    beginning of year $250,413 · end of year $273,816

  • 28 · Net assets with donor restrictions

    beginning of year $850,835 · end of year $874,441

Mission and programs · 2023

Mission

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. GRANTS ARE AWARDED FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL PURPOSES OR FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS.

  • THE FOUNDATION AWARDS GRANTS FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL PURPOSES OR FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS.

    Expenses $49,410 · Grants $49,410

As filed on the 2023 return.

Listed in Part VII

  • Nick Alberalla

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25

  • Dave Knauss

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25

  • Peter Lane

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

  • Jim Trypak

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25

  • Nora Eberl

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Carolyn Murray

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Jerry Kelly

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Stan Wyner

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Ravi Bansal

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Keith Schottman

    MEMBER

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202443189349300534

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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