716 Foundation Inc logo

716 Foundation Inc

Public charity · Grantmaker Buffalo, NY EIN: 87-2553620 Website

To provide minority, at-risk, underpriveleged or special needs children and their families educational opportunities and experiences at western ny's art, cultural, scientific, sports and entertainment institutions located within erie and Niagara county, New York.

716 Foundation Inc at a glance

In short: 716 Foundation Inc gave $76K across 3 grants in 2024 (avg $25K), mostly in New York. Source: 2024 IRS Form 990.

Annual giving (2024)
$75,500
-35.8% vs 2023
Grants made (2024)
3
-25.0% vs 2023
Average grant
$25,167
-14.5% vs 2023
Median grant
$30,500
Total assets
$85,623
+54.4% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who 716 Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Zoological Society of Buffalo Inc: $35KZoological Society of BuffaloInc$35KCradle Beach Inc: $31KCradle Beach Inc$31KArt for Learning WNY: $10KArt for Learning WNY$10K

The largest 2024 recipient was Zoological Society of Buffalo Inc ($35K). Together the top 3 received $76K.

Grant Size Distribution

10 grants across all recorded years

8<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 10 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

BuffaloAngola

How 716 Foundation Inc gives

  • Giving grew 26% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2021 2 grants2022 4 grants2023 3 grants2024

From 2021 to 2024, annual grant giving ranged from $60K (2021) to $118K (2023). In 2024 it made 3 grants totaling $76K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Zoological Society of Buffalo Inc Buffalo, NYProvide free admission tickets to minority, at risk, underprivileged, or special needs children to the zoo. Also supported renovation of the bison exhibit.$35,000
Cradle Beach Inc Angola, NYProvide renovations for children's basketball court to support the campers of cradle beach. These campers are of minority, at risk, underprivileged or special needs.$30,500
Art for Learning WNY Buffalo, NYProvide support for family art fest event that integrates arts into the community annually. The event averages around 500 children, most of whom are of underprivileged/minority background.$10,000
Your AI grants department

Ready to take the next step with 716 Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrants
2024$85,623$125,962$95,795$75,5003
2023$55,456$3,350$148,387$117,6854
2022$200,493$100,400$78,878$63,6082
2021$178,971$242,000$63,029$60,0001

About 716 Foundation Inc

Based on IRS filings

716 Foundation Inc is a public charity, based in Buffalo, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $86K in total assets. In 2024, it awarded 3 grants totaling $76K.

Leadership & Key People

Officers and directors from IRS filings

716 Foundation Inc is led by Aaron Stahura, President on every filing since 2021; none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Aaron Stahura

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Joshua Assad

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Joshua Feine

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Martin Szymanski

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Joshua Lippes

    Secretary

    On filings since 2021

    1 hr/week

    $7K (2022) → $0 (2024)

  • Abigail Gregory

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Edward Kresconko

    Vice President

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Joshua Lippes — Secretary: $4KJoshua LippesSecretary$4K

The highest reported compensation on the 2023 filing was $4K, to Joshua Lippes (Secretary).

Frequently asked questions about 716 Foundation Inc

How much does 716 Foundation Inc give each year?

716 Foundation Inc gave $76K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $118K across 4 grants.

What is 716 Foundation Inc's typical grant size?

716 Foundation Inc's median grant in 2024 was $30,500, and its average grant was $25,167, across 3 grants on its 2024 IRS Form 990.

Where does 716 Foundation Inc give grants?

716 Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Buffalo, NY (2 grants).

Does 716 Foundation Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on 716 Foundation Inc's 2024 IRS Form 990 were described as general or operating support.

How large is 716 Foundation Inc?

716 Foundation Inc reported $86K in total assets on its 2024 IRS Form 990. Its revenue that year was $126K.

What is 716 Foundation Inc's EIN?

716 Foundation Inc's EIN (Employer Identification Number) is 87-2553620. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
  5. IRS filings on file for fiscal years 2021–2024

Explore Open Grants

Browse active grant opportunities in 716 Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Ferguson Electric Foundation

Buffalo, NY

The foundation supports healthcare, education, community services, and arts organizations, with recent grants ranging from $500 to $15,000 and a median of $2,000. Its giving is focused mainly in New York, especially the Buffalo area. It accepts written grant requests; no deadline is listed.

Philanthropy, Voluntarism & Grantmaking

Assets

$901K

Grants

29

Total Given

$82K

Simple Gifts Fund

Williamsville, NY

Philanthropy, Voluntarism & Grantmaking

Assets

$1.1M

Grants

36

Total Given

$63K

The Baird Foundation

Buffalo, NY

The Baird Foundation supports nonprofits in health and human services, education, the arts, and diversity, with emphasis on organizations where Baird associates are involved; it prefers funding in Western New York. In 2024, grants ranged from $222 to $40,000, with a median of $2,500. It accepts written applications and does not limit giving to preselected organizations.

Assets

$12.5M

Grants

116

Total Given

$598K

Community Foundation for Greater Buffalo Inc

Buffalo, NY

The Community Foundation for Greater Buffalo funds racial and ethnic equity, education and economic mobility, environmental stewardship and climate resilience, and regional arts and culture, primarily in Western New York; its donor-directed funds may also support organizations nationally. Its 2026 competitive grants were expected to average $18,000–$20,000, with a maximum of $50,000; the listed application process is closed, and the profile does not state whether unsolicited requests are accepted.

Assets

$944.0M

Grants

562

Total Given

$33.4M

Children's Foundation of Erie County Inc

Kenmore, NY

The foundation funds nonprofits with a proven record of directly improving the lives of at-risk children up to age 21 who live in Erie County, New York. Grants are generally $2,000–$10,000; it accepts applications from eligible organizations and does not restrict them to preselected applicants.

Assets

$3.6M

Grants

73

Total Given

$425K

First Niagara Foundation

Buffalo, NY

In its 2022 filing, the foundation funded community development, education, and workforce development, with 99% of grant dollars going to New York organizations. Its 81 grants totaled $7.36 million, with a median award of $25,000 and grants ranging from $26 to $1.5 million. It does not accept unsolicited requests and gives only to preselected organizations.

Assets

$1.0M

Grants

81

Total Given

$7.4M

More similar funders

More Funders in New York

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from 716 Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

716 Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?