Rochester Area Community Foundation logo

Rochester Area Community Foundation

ROCHESTER, NY EIN: 23-7250641 Website

Rochester Area Community Foundation (RACF) is a 501(c)(3) community foundation established in 1972 and based in Rochester, New York. The organization connects donors with critical community needs across an eight-county region, leveraging financial expertise and community knowledge to maximize philanthropic impact. RACF operates as a public charity with a donor-advised fund component, allowing donors to direct the distribution and investment of their charitable contributions.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$510.7M

+4.1% YoY

Annual Giving

$22.9M

-6.0% YoY

Grant Count

554

+7.6% YoY

Avg Grant Size

$41K

-12.6% YoY

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

Mission & Focus Areas

Since 1972, Rochester Area Community Foundation has worked to improve the quality of life for people who live and work in its eight-county region through leadership and strategic grantmaking. The Foundation positions donors as partners, with every gift viewed as an investment in a better future.

Primary funding areas include:

  • Education
  • Human Services
  • Arts and Culture
  • Civic Improvement

Grantmaking

RACF distributes grants to a broad range of organizations and individuals across its service region. In recent activity, the Foundation made distributions to 1,745 agencies and individuals.

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Geographic Focus

Where this funder awards grants

RACF serves an eight-county region in New York, including Monroe, Wayne, Ontario, Livingston, Genesee, Orleans, Seneca, and Yates counties. The Foundation's grantmaking priorities focus primarily on this New York region, though some giving extends to Pennsylvania and Florida.

Grant Distribution by State

45states
+37 more states

Cities

AbileneAccokeekAccordAdamsAkronAlbanyAlbionAlexandriaAlfredAllendaleAltamonte SpringsAltonAmesAndoverAnn ArborAnnapolisArchbaldArlingtonAsbury ParkAsheville

Financial History

Multi-year comparison from IRS filings

As of 2025:

  • Total Assets: $511 Million
  • Total Revenue: $64.8 Million
  • Total Expenses: $38.1 Million
  • Total Liabilities: $2.82 Million

As of 2024:

  • Total Assets: $490.6 Million
  • Total Revenue: $47.9 Million
  • Total Expenses: $36.0 Million

Investment Performance (as of December 31, 2025):

The Foundation maintains diversified investment portfolios with the following annualized performance:

  • RACF Domestic Equity Managers: 16.3% (1-year), 15.5% (3-year), 10.0% (5-year), 11.8% (10-year)
  • RACF International Equity Managers: 22.2% (1-year), 14.4% (3-year), 7.3% (5-year), 7.4% (10-year)
  • RACF Total Equity Portfolio: 18.4% (1-year), 14.7% (3-year), 8.7% (5-year), 9.9% (10-year)
  • RACF Fixed Income Portfolio: 9.2% (1-year), 5.8% (3-year), 0.5% (5-year), 2.9% (10-year)
  • RACF Alternatives Portfolio: 16.8% (1-year), 16.5% (3-year), 9.9% (5-year), 6.8% (10-year)
  • RACF Blended Endowment Portfolio: 16.4% (1-year), 13.1% (3-year), 7.3% (5-year), 8.3% (10-year)

Staffing: The Foundation employs 39 staff members.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$48M$72M$96M202020212022202320242025
Metric202520242023
Total Assets$510,712,589$490,582,295$444,119,417
Revenue$64,764,956$47,939,929$42,793,588
Expenses$38,141,014$36,020,652$33,549,993
Qualifying Distributions
Net Investment Income$30,271,344$22,888,976$24,522,182
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$12M$18M$24M694 grants2020702 grants2021582 grants2022576 grants2023515 grants2024554 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

AMERICAN ASSOCIATION OF …$213KAQUINAS INSTITUTE$111KANTIQUE BOAT MUSEUM$106KASBURY FIRST UNITED METH…$92KALZHEIMER'S ASSOCIATION'…$63KAVENUE941 INC$55KAUTISMUP$50KBOYS & GIRLS CLUB OF GEN…$48KALLENDALE COLUMBIA SCHOOL$47KAVENUE BLACKBOX INC$40K

Grant Size Distribution

250 grants across all recorded years

220<$50K18$50–100K11$100–250K1$250–500K$500K–1M$1–5M$5M+

Open Grants

30 open opportunities from Rochester Area Community Foundation

Show all 30 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

SIMEON BANISTERPRESIDENT AND CEO$312KAMY VARS CPASENIOR VP AND CFO$247KANDREW MULDOONVP OF PHILANTHROPIC ENGAGEMENT$196KERIN BARRYVP OF COMMUNITY PROGRAMS$155KKAREN KOONSSR. DIRECTOR OF FINANCE$129KBERTA RIVERADIRECTOR OF COMMUNITY PROGRAMS$129KNICOLE SCARBOROUGHSR. FINANCE MANAGER$112K

From 2025 filing

NameTitleHoursCompensation
MOLLENE BENISON CPAMEMBER3
DR WILLIAM M VALENTIMEMBER1
ABIGAIL J BENNETTMEMBER1
SUJATHA RAMANUJAN MDMEMBER1
JAMES H NORMANMEMBER1
MARK A EIDLINMEMBER1
THOMAS C MITCHELLMEMBER1
ANN STEVENSMEMBER1
R SCOTT BURDETTMEMBER1
FRANCIS J CLEMENTMEMBER1
ADAM P ANOLIKTREASURER1
FRED A BEERMEMBER1
DAVID P VENISKEY CPAMEMBER1
DAVID R FERRIS ESQCHAIR5
CAROLYN G NUSSBAUM ESQCOUNSEL3
ARLINE L BAYO SANTIAGO ESQMEMBER1
ROB GALLINAMEMBER1
FLOR M COLONSECRETARY1
ANN H MCMULLENMEMBER2
PATRICK CUNNINGHAMMEMBER2
ALYSSA S WHITFIELDMEMBER1
TODD BUTLERMEMBER1
DENISHEA R ORTIZMEMBER1
ABIGAIL A REINHARDMEMBER1
THOMAS S RICHARDSMEMBER1
LANGSTON MCFADDEN ESQMEMBER1
GAY MILLSMEMBER1
BARBARA MULLENMEMBER1
AMY VARS CPASENIOR VP AND CFO34$247,491
SIMEON BANISTERPRESIDENT AND CEO34$312,105
KAREN KOONSSR. DIRECTOR OF FINANCE38$129,131
ANDREW MULDOONVP OF PHILANTHROPIC ENGAGEMENT34$195,506
BERTA RIVERADIRECTOR OF COMMUNITY PROGRAMS34$128,993
ERIN BARRYVP OF COMMUNITY PROGRAMS34$154,844
NICOLE SCARBOROUGHSR. FINANCE MANAGER34$112,316

Contact Information

Address: 500 East Avenue, Rochester, NY 14607-1949

Phone: 585-271-4100

Website: www.racf.org

EIN: 23-7250641

Subject Areas

Focus areas based on grantmaking activity

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

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