EIN 23-7250641

Rochester Area Community Foundation (RACF)

IRS 501(c) type
501(c)(3)
Num. employees
39
Year formed
1972
Most recent tax filings
2024-03-01
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
$47,939,929
2024
Total expenses
$36,020,652
2024
Total assets
$490,582,295
2024
Num. employees
39
2024

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 1,745 agencies and individuals.

Grants made by RACF

GranteeGrant descriptionAmount
Geva Theatre CenterFor General Support$2,745,362
St John Fisher UniversityFor General Support and Scholarships$879,191
The Humane Society of Rochester and Monroe County for the Prevention of Cruelty ToFor the Karpus Family Foundation Education Center and General Support$848,595
...and 480 more grants made totalling $23,411,161

Who funds Rochester Area Community Foundation (RACF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Constellation BrandsUnrestricted Program Use$4,608,000
Spindler Family FoundationSpindler Family Fund$2,418,880
Tegna FoundationGeneral Support$1,490,000
...and 39 more grants received totalling $11,950,179

Personnel at RACF

NameTitleCompensation
Simeon BanisterPresident and Chief Executive Officer$288,482
Amy VarsSenior Vice President and Chief Financial Officer$219,851
Iris BieriChief of Staff
Mary HolleranSenior Vice President of Communication$139,476
Erin Budd BarryVice President , Community Programs$145,189
...and 13 more key personnel

Financials for RACF

RevenuesFYE 03/2024
Total grants, contributions, etc.$24,259,168
Program services$0
Investment income and dividends$7,182,773
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$15,706,203
Net income from fundraising events$-13,372
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$805,157
Total revenues$47,939,929

Form 990s for RACF

Fiscal year endingDate received by IRSFormPDF link
2023-032024-01-26990View PDF
2022-032023-02-03990View PDF
2021-032022-01-31990View PDF
2020-032021-04-05990View PDF
2019-032020-06-04990View PDF
...and 9 more Form 990s
Data update history
January 13, 2025
Received grants
Identified 7 new grant, including a grant for $1,000,000 from Ralph C Wilson Jr Foundation
November 1, 2024
Updated personnel
Identified 11 new personnel
October 21, 2024
Received grants
Identified 1 new grant, including a grant for $1,490,000 from Tegna Foundation
July 17, 2024
Received grants
Identified 15 new grant, including a grant for $201,805 from Tides Foundation
June 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donationsAccepts online 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
Central organization
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