Public Charity

716 FOUNDATION INC

716 FOUNDATION INC is a Public Charity headquartered in BUFFALO, NY. Financial data from the 2024 filing: $126K revenue, $96K expenses, $86K total assets. 1 publicly reported grants to this organization, totaling roughly $100K, appear in IRS filings.

EIN: 872553620 BUFFALO, NY Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$126K
Total Expenses$96K
Total Assets$86K
Grant Records1
Funding Total$100K
Filing Years2022–2024

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.

Where $100 goes at 716 Foundation Inc

How 716 Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$80 Programs the work itself
$20 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$80
Grant funds were used to provide free admission tickets to minority, at-risk, underpriveleged or special needs children, to the zoo, museums, and cradle beach inc
All program spending · Reported in the filing: 500 children
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2022
GENERAL SUPPORT
$100,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

PRESIDENT Aaron Stahura
TREASURER Abigail Gregory
VICE PRESIDENT Edward Kresconko
DIRECTOR Joshua Assad
DIRECTOR Joshua Feine
SECRETARY Joshua Lippes

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $126K $96K $86K
2023 $3K $148K $55K
2022 $100K $79K $200K

Between 2022 and 2024, reported annual revenue grew from $100K to $126K (+25%), with total assets most recently reported at $86K.

Interactive year-over-year charts and full filing details available with membership.

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