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Rich Family Foundation

BUFFALO, NY EIN: 16-6026199 Website

The Rich Family Foundation is a private foundation based in Buffalo, New York, designated as a 501(c)(3) organization. The foundation focuses on philanthropic grantmaking across education, human services, and community development.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.7M

+20.6% YoY

Annual Giving

$2.3M

-1.0% YoY

Grant Count

120

+0.8% YoY

Avg Grant Size

$19K

-1.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Arts and creative fields
  • Historic preservation
  • Journalism

Grantmaking

In-kind donation requests from Rich Products are reviewed individually based on product availability and intended use (such as youth sports and community benefits). In-kind donations cannot be guaranteed.

Grant Range

$10,000

How to Apply

Rolling basis with quarterly reviews

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Geographic Focus

Where this funder awards grants

The foundation funds primarily in New York, California, and Virginia.

Grant Distribution by State

26states
+18 more states

Cities

AddisonAlbanyAlexandriaAmherstArlingtonAtlantaBaltimoreBentonvilleBooneBostonBozemanBrockportBrooklineBrooklynBrunswickBryn MawrBuffaloCalaisCantonChautauqua

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $12,699,989
  • Total Annual Giving: $2,261,199
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$12,699,989$10,526,631$8,765,491
Revenue$4,514,277$4,181,953$4,210,109
Expenses$2,340,919$2,420,813$2,193,003
Qualifying Distributions$2,298,559$2,307,439$2,057,922
Net Investment Income$516,370$358,076$316,689
Distributable Amount$645,527$478,146$407,196

Giving Over Time

Total grant dollars and number of grants per year

$0$643K$1M$2M$3M67 grants202098 grants2021120 grants2022119 grants2023120 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Community Foundation for…$200KBuffalo AKG Art Museum$180KCleveland Clinic Foundat…$173KFifth Avenue Presbyteria…$100KNational Restaurant Asso…$70KUnited Way of Buffalo & …$61KWest Side Community Serv…$52KFrank Lloyd Wright's Mar…$50KBoys & Girls Clubs of Bu…$40KMassachusetts Avenue Pro…$40K

Grant Size Distribution

250 grants across all recorded years

191<$50K34$50–100K24$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT E RICH JRCHAIRMAN
MELINDA RICHPRESIDENT
JOSEPH W SEGARRATREASURER

Recent News & Activity

Recent developments and announcements

2024

Announced a $1 million grant to FeedMore WNY (March 2024)

Rich Family Foundation announces $1M grant to FeedMore WNY

Awarded $1 million grant to Say Yes Buffalo to support college dreams of high school scholars

Rich Family Foundation Funds the College Dreams of ...

Provided grants of $190,000 to Read to Succeed Buffalo in partnership with the John R. Oishei Foundation

How the Wilson Foundation is shaking up Buffalo's ...

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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