Rochester Area Community Foundation

Organization Overview

Rochester Area Community Foundation is located in Rochester, NY. The organization was established in 1972. 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. As of 03/2021, Rochester Area Community Foundation employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 03/2020, Rochester Area Community Foundation generated $38.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $30.6m during the year ending 03/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Rochester Area Community Foundation has awarded 1,492 individual grants totaling $42,273,851. 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 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD A PERMANENT COMMUNITY ENDOWMENT THAT MEETS THE CURRENT AND CHANGING NEEDS OF THIS REGION THROUGH CREATIVE AND EFFECTIVE PHILANTHROPY.

Describe the Organization's Program Activity:

GRANTS, SCHOLARSHIPS, AND PROGRAM SERVICES ARE DISTRIBUTED PRIMARILY IN THE NEW YORK COUNTIES OF MONROE, WAYNE, ONTARIO, LIVINGSTON, GENESEE, ORLEANS, SENECA AND YATES. ROCHESTER AREA COMMUNITY FOUNDATION ASSISTS LOCAL CITIZENS IN MEETING COMMUNITY NEEDS AND IMPROVING THE REGION'S QUALITY OF LIFE THROUGH A VOLUNTARY POOLING OF THEIR FINANCIAL RESOURCES, TIME, AND ENERGY. PRINCIPAL AREAS OF BENEFIT ARE EDUCATION, HUMAN SERVICES, ARTS AND CULTURE, AND CIVIC IMPROVEMENT. DISTRIBUTIONS WERE MADE TO 1804 AGENCIES AND INDIVIDUALS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$21,895,423
Investment income $3,410,216
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,933,442
Net Income from Fundraising Events -$16,223
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,972,503

Grants Awarded

Over the last fiscal year, Rochester Area Community Foundation has awarded $20,922,941 in support to 694 organizations.

Grant RecipientAmount

BUZZARDS BAY COALITION

Org PageRecipient Profile

New Bedford, MA

PURPOSE: SUPPORT THE GOALS AND OBJECTIVES OF BBC

$900,000

HIGHLAND PARK CONSERVANCY

Org PageRecipient Profile

Rochester, NY

PURPOSE: RECONSTRUCTION OF THE CHILDREN'S PAVILION

$609,666

WADSWORTH LIBRARY

Org PageRecipient Profile

Geneseo, NY

PURPOSE: FOR GENERAL SUPPORT

$584,000

Rochester, NY

PURPOSE: FOR GENERAL SUPPORT, FACULTY SUPPORT CAMPAIGN

$552,410

UNIVERSITY OF ROCHESTER GIFTS & DONOR RECORDS

Org PageRecipient Profile

Rochester, NY

PURPOSE: FOR GENERAL SUPPORT

$487,610

U OF R DEPARTMENT OF PSYCHIATRY

Org PageRecipient Profile

Rochester, NY

PURPOSE: RESEARCH PROJECTS RELATING TO MENTAL HEALTH OR ILLNESS

$441,886
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Rochester Area Community Foundation has recieved totaling $2,571,801.

Awarding OrganizationAmount
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$1,676,000
Strivetogether Inc

Cincinnati, OH

PURPOSE: Challenge Fund

$399,252
Esl Charitable Foundation Inc

Rochester, NY

PURPOSE: EDUCATION

$350,000
Avangrid Foundation Inc

Orange, CT

PURPOSE: COMMUNITY PROGRAMS

$100,000
Van Der Stricht Foundation

Wilmington, DE

PURPOSE: ORGANIZATION'S GENERAL

$15,049
Joan & Harold Feinbloom Supporting Foundation Inc

Rochester, NY

PURPOSE: TO SUPPORT RACIAL EQUITY PROGRAMMING

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$307,133,430
Earnings-$33,772,529
Admin Expense$4,491,849
Net Contributions$10,193,364
Other Expense$2,143,944
Grants$12,293,863
Ending Balance$264,624,609

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