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Buffalo 2020 Development Corporation is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 2011. The principal officer is Dr Venu Govindaraju. It holds total assets of $7.6M. Annual income is reported at $475K. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Buffalo 2020 Development Corporation has made 4 grants totaling $1.6M, with a median grant of $390K. The foundation has distributed between $740K and $833K annually from 2021 to 2023. Individual grants have ranged from $370K to $424K, with an average award of $393K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Buffalo 2020 Development Corporation primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Buffalo 2020 Development Corporation has distributed a total of $1.6M across 4 grants. The median grant size is $390K, with an average of $393K. Individual grants have ranged from $370K to $424K.
Buffalo 2020 Development Corporation typically selects its grantees rather than accepting unsolicited proposals.
Buffalo 2020 Development Corporation is headquartered in BUFFALO, NY.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
N/A
Total Assets
$7.6M
Fair Market Value
N/A
Net Worth
$7.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$1.6M
Average Grant
$393K
Median Grant
$390K
Unique Recipients
2
Most Common Grant
$370K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Buffalo 2020 Development CorporatioCharitable Distribution | Bufalo, NY | $370K | 2023 |
| Ub Foundationaaa | Buffalo, NY | $424K | 2021 |