M&T Charitable Foundation

BUFFALO, NY EIN: 16-1448017

M&T Charitable Foundation is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $182.2M in total assets. In 2024, it awarded 1 grants totaling $48.0M. Net investment income was $5.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$182.2M

-10.3% YoY

Annual Giving

$48.0M

+17.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$48.0M

+17.1% YoY

Under IRS private-foundation payout rules, M&T Charitable Foundation reported a distributable amount of $3.6M for 2024 — the minimum it must pay out in qualifying distributions.

About M&T Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $189.7M (100%)

States

New York

Cities

Buffalo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$182,221,917	$203,176,299	$216,769,912
Revenue	$18,823,335	$21,330,405	$238,723,644
Expenses	$48,706,539	$41,088,751	$41,206,332
Qualifying Distributions	$48,037,488	$41,009,568	$41,196,491
Net Investment Income	$5,461,505	$5,861,761	$831,367
Distributable Amount	$3,583,435	$6,506,661	$1,960,194

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Open Grants

1 open opportunity from M&T Charitable Foundation

Foundation

M&T Charitable Foundation Grants

M&T Charitable Foundation

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See attached statement ($48,037,488).

Recipient	Purpose	Amount
See attached statement Buffalo, NY	The M&T Charitable Foundation strives to strengthen communities by providing support for a diverse range of civic, cultural, health and human service organizations through grants.	$48,037,488

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
See Attachment	0	—	—

Frequently Asked Questions

How large is M&T Charitable Foundation?

As of 2024, M&T Charitable Foundation holds $182.2M in total assets with $18.8M in annual revenue. It awarded 1 grants totaling $48.0M in 2024.

Where does M&T Charitable Foundation operate?

M&T Charitable Foundation has awarded grants in New York.

What size grants does M&T Charitable Foundation award?

In 2024, M&T Charitable Foundation awarded 1 grants totaling $48.0M — an average of about $48.0M per grant, based on its IRS Form 990 filings.

How much is M&T Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, M&T Charitable Foundation reported a distributable amount of $3.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.