EIN 23-7250641

Rochester Area Community Foundation (RACF)

IRS 501(c) type
501(c)(3)
Num. employees
41
Year formed
1972
Most recent tax filings
2023-03-01
NTEE code, primary
Description
Rochester Area Community Foundation, in partnership with generous philanthropists and community partners, works to improve the quality of life for people who live and work in the eight-county region through its leadership and strategic grantmaking.
Total revenues
$42,793,588
2023
Total expenses
$33,549,993
2023
Total assets
$444,119,417
2023
Num. employees
41
2023

Program areas at RACF

Grants, scholarships, and program services are distributed primarily in the new york counties of monroe, wayne, ontario, livingston, genesee, orleans, seneca and yates. Rochester Area Community Foundation assists local citizens in meeting Community needs and improving the region's quality of life through a voluntary pooling of their financial resources, time, and energy. Principal areas of benefit are education, human services, arts and culture, and civic improvement. Distributions were made to 1,927 agencies and individuals.

Grants made by RACF

GranteeGrant descriptionAmount
Sea Education AssociationFor the Purchase of the Miller House Property From An Anonymous Donor$3,550,000
Emory UniversityFor the School of Nursing Integrated Memory Care in the Community$1,800,000
Seneca Park Zoo SocietyFor General Support$1,548,499
...and 543 more grants made totalling $22,441,393

Who funds Rochester Area Community Foundation (RACF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Constellation BrandsUnrestricted Program Use$10,638,000
Spindler Family FoundationSpindler Family Fund$2,418,880
The Frank Dimino Family TrustGeneral$700,000
...and 42 more grants received totalling $15,037,868

Personnel at RACF

NameTitleCompensation
Simeon BanisterPresident and Chief Executive Officer$139,393
Amy VarsSenior Vice President and Chief Financial Officer / Vice President , Finance and Administration$189,011
Mary HolleranSenior Vice President , Communications / Senior Vice President of Communications / Vice President , Communications$124,916
Andrew MuldoonVice President , Philanthropic Engagement / Vice President of Philanthropic Engagement$142,146
Karen KoonsSenior Director of Finance / Senior Director , Finance$116,457
...and 12 more key personnel

Financials for RACF

RevenuesFYE 03/2023
Total grants, contributions, etc.$17,292,613
Program services$0
Investment income and dividends$4,662,842
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$19,859,340
Net income from fundraising events$-2,319
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$981,112
Total revenues$42,793,588

Form 990s for RACF

Fiscal year endingDate received by IRSFormPDF link
2022-032023-02-03990View PDF
2021-032022-01-31990View PDF
2020-032021-04-05990View PDF
2019-032020-06-04990View PDF
2018-032019-02-25990View PDF
...and 8 more Form 990s
Data update history
January 1, 2024
Received grants
Identified 7 new grant, including a grant for $10,638,000 from Constellation Brands
November 26, 2023
Received grants
Identified 4 new grant, including a grant for $40,000 from Fred L. Emerson Foundation
August 19, 2023
Received grants
Identified 32 new grant, including a grant for $2,418,880 from Spindler Family Foundation
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
500 E Ave
Rochester, NY 14607
Metro area
Rochester, NY
County
Monroe County, NY
Website URL
racf.org 
Phone
(585) 271-4100
Facebook page
Rochester-Area-Community-Foundation 
Twitter profile
@racf500 
IRS details
EIN
23-7250641
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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