Greater Rochester Enterprise Foundation Inc

Organization Overview

Greater Rochester Enterprise Foundation Inc is located in Rochester, NY. The organization was established in 2002. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Rochester Enterprise Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Greater Rochester Enterprise Foundation Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Greater Rochester Enterprise Foundation Inc has awarded 36 individual grants totaling $9,824,197. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GENERATE CONTRIBUTIONS TO HELP SUPPORT THE ACTIVITIES OF GREATER ROCHESTER ENTERPRISE, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERATE CONTRIBUTIONS TO HELP SUPPORT THE COMPANY'S MISSION OF ASSISTING GREATER ROCHESTER ENTERPRISE, INC.


SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
David Dworkin
Chairperson
$0
David C Munson Jr
Vice Chair
$0
Lori Green
Secretary
$0
Matthew Hurlbutt
President & CEO
$0
Theresa Mazzullo
Treasurer
$0
Aaron Hilger
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,565,850
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,565,850
Total Program Service Revenue$0
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,565,851

Grants Awarded

Over the last fiscal year, Greater Rochester Enterprise Foundation Inc has awarded $2,231,246 in support to 10 organizations.

Grant RecipientAmount

GREATER ROCHESTER ENTERPRISE INC

Org PageRecipient Profile

Rochester, NY

PURPOSE: TO SUPPORT PROGRAM SERVICES.

$1,115,623

GREATER ROCHESTER ENTERPRISE INC

Org PageRecipient Profile

Rochester, NY

PURPOSE: TO SUPPORT PROGRAM SERVICES.

$1,115,623
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Greater Rochester Enterprise Foundation Inc has recieved totaling $240,000.

Awarding OrganizationAmount
Esl Charitable Foundation Inc

Rochester, NY

PURPOSE: GRE ECONOMIC GARDENING PROGRAM

$100,000
Rochester General Hospital

Rochester, NY

PURPOSE: SPONSORSHIP

$50,000
William & Sheila Konar Foundation

W Henrietta, NY

PURPOSE: PROGRAM SUPPORT

$50,000
Rochester Area Community Foundation

Rochester, NY

PURPOSE: GRE ECONOMIC GARDENING

$40,000
View Grant Recipient Profile

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