Bank Of Utica Foundation Inc

Organization Overview

Bank Of Utica Foundation Inc is located in Utica, NY. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bank Of Utica 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, Bank Of Utica Foundation Inc generated $965.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $532.8k during the year ending 12/2021. While expenses have increased by 11.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Bank Of Utica Foundation Inc has awarded 603 individual grants totaling $3,201,105. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $631,515
Interest on Savings $9,324
Dividends & Interest $324,481
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $386,531
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $965,320

Grants Awarded

Over the last fiscal year, Bank Of Utica Foundation Inc has awarded $512,800 in support to 76 organizations.

Grant RecipientAmount

MOHAWK VALLEY HEALTH SYSTEMS

Org PageRecipient Profile

Utica, NY

PURPOSE: GENERAL

$100,000

MUNSON WILLIAM

PURPOSE: GENERAL

$82,500

UNITED WAY

PURPOSE: GENERAL

$41,000

CNYCAC - STANLEY

PURPOSE: GENERAL

$40,000

ICAN

PURPOSE: GENERAL

$20,000

MOHAWK VALLEY REFUGEE CENTER

Org PageRecipient Profile

Utica, NY

PURPOSE: GENERAL

$20,000
View Grant Profile

Peer Organizations

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