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New Era Cap Foundation is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 2016. The principal officer is Foundation Source. It holds total assets of $20.3M. Annual income is reported at $10.1M. Total assets have grown from $249K in 2019 to $20.3M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in New York. According to available records, New Era Cap Foundation has made 57 grants totaling $2.2M, with a median grant of $5K. Annual giving has grown from $71K in 2020 to $1.3M in 2023. Individual grants have ranged from $450 to $1M, with an average award of $38K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in New York, Indiana, Florida, which account for 96% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$39K
Largest Grant
$200K
Based on 7 grants from the most recent 990-PF filing.
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.
New Era Cap Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 57 grants. Its grantmaking reaches organizations primarily in NY, IN, FL.
New Era Cap Foundation has distributed a total of $2.2M across 57 grants. The median grant size is $5K, with an average of $38K. Individual grants have ranged from $450 to $1M.
New Era Cap Foundation typically selects its grantees rather than accepting unsolicited proposals.
New Era Cap Foundation is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher Koch | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Lorrie Turner | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Kevin Wilson | DIRECTOR, TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$20.3M
Fair Market Value
N/A
Net Worth
$20.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
57
Total Giving
$2.2M
Average Grant
$38K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elmwood Franklin SchoolUNRESTRICTED | Buffalo, NY | $1M | 2023 |
| University At Buffalo Foundation IncUNRESTRICTED | Buffalo, NY | $50K | 2023 |
| Jackie Robinson Foundation IncUNRESTRICTED | New York, NY | $50K | 2023 |
| The Childrens Hospital Of BuffaloUNRESTRICTED | Buffalo, NY | $25K | 2023 |
| Hope Totes IncUNRESTRICTED | Clarence, NY | $25K | 2023 |
| The Bison Childrens ScholarshipUNRESTRICTED | Buffalo, NY | $25K | 2023 |
| Lids FoundationUNRESTRICTED | Indianapolis, IN | $25K | 2023 |
| Summit Center IncUNRESTRICTED | Getzville, NY | $20K | 2023 |
| All In Challenge FoundationUNRESTRICTED | Jacksonville, FL | $15K | 2023 |
| Special Olympics New York IncUNRESTRICTED | Williamsville, NY | $10K | 2023 |
| Licensing International Foundation IncUNRESTRICTED | New York, NY | $10K | 2023 |
| Rosewell Park Alliance FoundationUNRESTRICTED | Buffalo, NY | $6K | 2023 |
| Mental Health Association Of Erie CountyUNRESTRICTED | Buffalo, NY | $5K | 2023 |
| Muscular Dystrophy AssociationUNRESTRICTED | Chicago, IL | $5K | 2023 |
| Grace Guest House IncUNRESTRICTED | Buffalo, NY | $5K | 2023 |
| Hope Rises IncUNRESTRICTED | Buffalo, NY | $5K | 2023 |
| RespectabilityUNRESTRICTED | Rockville, MD | $5K | 2023 |
| Girls On The Run Of Bufffalo IncUNRESTRICTED | Buffalo, NY | $3K | 2023 |
| Upward Design For Life CorporationUNRESTRICTED | Buffalo, NY | $3K | 2023 |
| Stitch Buffalo IncUNRESTRICTED | Buffalo, NY | $3K | 2023 |
| Girls Sports Foundation IncUNRESTRICTED | New York, NY | $3K | 2023 |
| People IncUNRESTRICTED | Williamsville, NY | $1K | 2023 |
| The Fredonia Business Club IncUNRESTRICTED | Buffalo, NY | $450 | 2023 |
| Explore & More A Childrens MuseumUNRESTRICTED | Buffalo, NY | $100K | 2022 |
| Boys & Girls Clubs Of Buffalo IncUNRESTRICTED | Buffalo, NY | $3K | 2022 |
| St Josephs Collegiate InstituteUNRESTRICTED | Buffalo, NY | $750 | 2022 |
| City Mission Society IncUNRESTRICTED | Buffalo, NY | $5K | 2021 |
| Nardin AcademyUNRESTRICTED | Buffalo, NY | $3K | 2021 |