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Rochester Area Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237250641 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Rochester Area Community Foundation?

The Rochester Area Community Foundation is a nonprofit organization located in Rochester, New York, at 500 East Avenue, 14607. It primarily serves the counties of Monroe, Wayne, Ontario, Livingston, Genesee, Orleans, Seneca, and Yates. Their mission is to build a permanent community endowment, using creative and effective philanthropy, to address the current and evolving needs of the region. The foundation distributes grants, scholarships, and program services, assisting local citizens in improving the community's quality of life through a collective pooling of their financial resources, time, and energy. Principal areas of benefit include education, human services, arts and culture, and civic improvement. In 2022, distributions were made to 1,944 agencies and individuals.


Official website here: www.racf.org

Is Rochester Area Community Foundation legitimate?

Rochester Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Area Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $669,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,272,736

For more financial information, click here


Official website here: www.racf.org

What is the mission statement of Rochester Area Community Foundation?

The Rochester Area Community Foundation aims to establish a permanent endowment that addresses the current and evolving needs of the community through innovative and productive philanthropy. Grants, scholarships, and program services are primarily allocated to improve the quality of life in various sectors, including education, human services, arts and culture, and civic improvement. The foundation facilitates local citizens in meeting community requirements through the voluntary pooling of their financial resources, time, and energy. Its primary areas of impact include education, human services, arts and culture, and civic improvement, with distributions made to over 1900 agencies and individuals.


Official website here: www.racf.org

Who is the CEO of Rochester Area Community Foundation?

Simeon Banister is the Treasurer of Rochester Area Community Foundation. The CEO's salary of Rochester Area Community Foundation is $337,737 and their total compensation is $409,982.


Official website here: www.racf.org

What is the revenue of Rochester Area Community Foundation?

Rochester Area Community Foundation's revenue in 2022 was $87,623,690.


Official website here: www.racf.org

Who are the executives of Rochester Area Community Foundation and what are their salaries?

The average compensation at Rochester Area Community Foundation during 2022 was $86,549. There are 34 employees and 232 volunteers at Rochester Area Community Foundation.

Here are 32 key members and their salaries (Rochester Area Community Foundation's CEO's salary is $337,737 and their total compensation is $409,982):

    Jennifer Leonard (President And Ceo)
  • Compensation: $337,737
  • Related: $0
  • Other: $72,245

    • Amy Vars Cpa (Senior Vp And Cfo)
  • Compensation: $189,011
  • Related: $0
  • Other: $10,051

    • Andrew Muldoon (Vp Of Philanthropic Engagement)
  • Compensation: $142,146
  • Related: $0
  • Other: $18,360

    • Simeon Banister (Evp Of Community Programs)
  • Compensation: $139,393
  • Related: $0
  • Other: $7,994

    • Karen Koons (Sr. Director Of Finance)
  • Compensation: $116,457
  • Related: $0
  • Other: $17,003

    • Mary Holleran (Senior Vp Of Communication)
  • Compensation: $124,916
  • Related: $0
  • Other: $7,259

    • Mollene B Benison Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr William M Valenti (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail J Bennett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sujatha Ramanujan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Norman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark A Eidlin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas C Mitchell (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann H Stevens (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Scott Burdett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis J Clement (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth A Thorley Cfp Clu Ms (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert D Baden (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard J Riedman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David P Veniskey Cpa (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David R Ferris Esq (Counsel) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn G Nussbaum Esq (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas S Richards (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arline L Bayo Santiago Esq (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle A Hutchinson Esq (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Cuyler Md (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Flor M Colon (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann H Mcmullen (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Cunningham (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Van Dusen (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Butler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denishea Ortiz (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.racf.org

    Where can I find the form 990 for Rochester Area Community Foundation?

    The Rochester Area Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.racf.org

    Learn more at the official website: www.racf.org

    Mission Statement of Rochester Area Community Foundation

    The Rochester Area Community Foundation is a philanthropic organization dedicated to building a permanent endowment that responds to the current and evolving needs of its community. This commitment to creative and effective giving is at the heart of its mission.

    Through voluntary contributions of time, energy, and financial resources, the foundation serves to enhance the quality of life in the regions of Monroe, Wayne, Ontario, Livingston, Genesee, Orleans, Seneca, and Yates. By pooling these resources, the organization is able to distribute grants, scholarships, and program services that primarily benefit the areas of education, human services, arts and culture, and civic improvement.

    In the past, the Rochester Area Community Foundation has provided assistance to 1944 agencies and individuals. Its efforts have been instrumental in helping local citizens meet community needs and contribute to the overall improvement of the region. The foundation's grants and services have touched a wide range of areas, enriching the lives of countless individuals and fostering a vibrant and thriving community.

    Impact

    This information is meant to be a general summary of Rochester Area Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Rochester Area Community Foundation has a significant impact on the local community by building a permanent endowment that addresses both current and evolving needs in the region through innovative philanthropy. It supports various sectors such as education, human services, arts and culture, and civic improvement by providing grants, scholarships, and program services. Through voluntary contributions of financial resources, time, and energy from local citizens, the foundation assists in improving the quality of life in the community. In the New York counties of Monroe, Wayne, Ontario, Livingston, Genesee, Orleans, Seneca, and Yates, Rochester Area Community Foundation has made distributions to 1944 agencies and individuals, demonstrating its commitment to enhancing the region's well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $44,760,278
  • Program Service Revenue: $0
  • Gross Receipts: $186,501,749

    • Assets and Liabilities:
  • Total Assets: $471,071,689
  • Total Liabilities: $2,582,673
  • Net Assets: $468,489,016
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Simeon Banister

    Main Address

    500 EAST AVENUE, ROCHESTER, NY, 146071912

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Rochester Area Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.