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Filing year 2024

RICH FAMILY FOUNDATION

Buffalo, New York·EIN 16-6026199·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$4.5M
Total assets
$12.7M
Total expenses
$2.3M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. RICH FAMILY FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Treasurer
Chairman

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.3M

Itemized grants

120

Median grant

$5k

RecipientLocationPurposeAmount
FeedMore WNYBuffalo, NYGeneral Donation$200k
Community Foundation for Greater BuffaloBuffalo, NYAnnual Donation$200k
Buffalo AKG Art MuseumBuffalo, NYAnnual Donation$180k
Cleveland Clinic FoundationCleveland, OHMemorial Donation$173k
Bonefish & Tarpon TrustMiami, FLGeneral Donation$122k
Fifth Avenue Presbyterian ChurchNew York, NYGeneral Donation$100k
Crystal Bridges Museum of American ArtBentonville, ARAnnual Donation$100k
Buffalo PrepBuffalo, NYGeneral Donation$75k
National Restaurant Association Educational FoundaWashington, DCMemorial Donation$70k
United Way of Buffalo & Erie CountyBuffalo, NYGeneral Donation$61k
West Side Community ServicesBuffalo, NYGeneral Donation$52k
Frank Lloyd Wright's Martin HouseBuffalo, NYGeneral Donation$50k
Boys & Girls Clubs of BuffaloBuffalo, NYGeneral Donation$40k
Massachusetts Avenue ProjectBuffalo, NYGeneral Donation$40k
WNY United Against Drug & Alcohol Abuse IncOrchard Park, NYGeneral Donation$36k
EPICBuffalo, NYGeneral Donation$36k
Cystic Fibrosis FoundationWilliamsville, NYGeneral Doantion$35k
Explore & MoreBuffalo, NYGeneral Donation$30k
Buffalo Niagara WaterkeeperBuffalo, NYGeneral Donation$30k
ECMC FoundationBuffalo, NYCorporate Sponsorship$25k
Green Options Buffalo (Go Bike Buffalo)Buffalo, NYGeneral Donation$25k
American Red Cross of WNYBuffalo, NYGeneral Donation$25k
Dunkin Joy in Childhood FoundationCanton, MAGeneral Donation$25k
The Global Foodbanking NetworkChicago, ILGeneral Donation$25k
Feeding AmericaSherman, CTGeneral$20k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

RICH FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.2M
$2.4M
2023
$4.5M
$2.3M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

RICH FAMILY FOUNDATION 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
FAQ

Common questions about RICH FAMILY FOUNDATION

What are RICH FAMILY FOUNDATION's revenue and expenses?

In 2024, RICH FAMILY FOUNDATION reported $4.5M in total revenue and $2.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.