Skip to main content
Filing year 2024

716 FOUNDATION INC

Buffalo, New York·EIN 87-2553620·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$126k
Total assets
$86k
Total expenses
$96k
Reported officers
7
Mission

TO PROVIDE MINORITY, AT-RISK, UNDERPRIVELEGED OR SPECIAL NEEDS CHILDREN AND THEIR FAMILIES EDUCATIONAL OPPORTUNITIES AND EXPERIENCES AT WESTERN NY'S ART, CULTURAL, SCIENTIFIC, SPORTS AND ENTERTAINMENT INSTITUTIONS LOCATED WITHIN ERIE AND NIAGARA COUNTY, NEW YORK.

Reported officers (all unpaid)

No paid executives reported in 2024. 716 FOUNDATION INC reported 7 unpaid officers and board members on its 990.

President
Vice President
Treasurer
Secretary
Director
Director
Director
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at 716 FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

716 FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3k
$148k
2023
$126k
$96k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

716 FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $20,079.

25th percentile
$6k
Median
$20,079
75th percentile
$88k
90th percentile
$228k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,519 organizations across 2,519 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York

Similar Organizations

Similar sector (T)Same state (New York)Similar median compensation ($4k vs $4k)
FRAMINGHAM FOUNDATION

Manorville, NY

$3k revenue
Similar sector (T)Same state (New York)Comparable compensation levels
$3k revenue
Similar sector (T)Same state (New York)Similar size (12 vs 14 executives)
Similar sector (T)Same state (New York)
Similar sector (T)Same state (New York)
Similar sector (T)Same state (New York)
$4k revenue
Similar sector (T)Same state (New York)
$3k revenue
Similar sector (T)Same state (New York)
Similar sector (T)Same state (New York)
Similar sector (T)Same state (New York)
FAQ

Common questions about 716 FOUNDATION INC

What are 716 FOUNDATION INC's revenue and expenses?

In 2024, 716 FOUNDATION INC reported $126k in total revenue and $96k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.