Capital Management Services Carefoundation Inc is located in Buffalo, NY. The organization was established in 2007. According to its NTEE Classification (T31) the organization is classified as: Community 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. Capital Management Services Carefoundation 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 12/2023, Capital Management Services Carefoundation Inc generated $34.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $36.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Capital Management Services Carefoundation Inc has awarded 14 individual grants totaling $190,232. 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORKING DIRECTLY IN BUFFALO & WESTERN NEW YORK GOODWILL ORGANIZATIONS TO AIDE LOCAL FUNDRAISING AT MULTIPLE LEVELS
Describe the Organization's Program Activity:
Part 3
CONTRIBUTE TO VARIOUS CHARTIES IN WESTERN NEW YORK AND PROVIDE FUNDS
HELP INDIVIDUAL IN NEED CONTRIBUTE TO OTHER WESTERN NEW YORK FOUNDATIONS
OTHER SPECIAL CIRCUMSTANCES
HARDSHIP FOR INDIVIDUALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Kraska Chairman / P | 1 | $0 | |
Paul Hunziker Jr Director | 1 | $0 | |
Chandler Kraska Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $34,745 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $34,745 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,046 |
Professional fees and other payments to independent contractors | $1,495 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $623 |
Total expenses | $36,164 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,055 |
Other assets | $0 |
Total assets | $1,055 |
Total liabilities | $1,682 |
Net assets or fund balances | -$627 |
Over the last fiscal year, Capital Management Services Carefoundation Inc has awarded $35,062 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
ALL OTHER CHARTIES | | | $21,962 |
COMPASS HOUSE | | | $5,500 |
SABRES ALUMI FOUNDATION | | | $7,600 |