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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 80-0024332

Rochester Area Community Foundation Initiatives Inc

ROCHESTER, NYNTEE: T30Founded 2001Website

mission statement

Sponsors programs and projects that address the needs of the community. The organization operates exclusively for the benefit and support of rochester area community foundation.

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Total Revenue

$2.8M

FY 2024

Program Spending

95.3%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$1.5M

Total Assets

$1.2M net

4.54 mo

Operating Reserves

FY 2024

+13%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 11 Institutional Funders

$1.2M raised across 28 grants (2019–2024 filings)

Funder Geography

Funders across 4 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Rochester Area Community Foundation	ROCHESTER, NY	$1,013,279
Max and Marian Farash Charitable Foundation	ROCHESTER, NY	$100,000
Daisy Marquis Jones Foundation	ROCHESTER, NY	$25,000
United Way of Brevard County Inc	ROCKLEDGE, FL	$18,399
Morgan Stanley Global Impact Funding Trust Inc	INDIANAPOLIS, IN	$15,000
Women's Foundation of Genesee Valley Inc	ROCHESTER, NY	$10,000
Rochester Area Community Foundation Depository Inc	ROCHESTER, NY	$10,000
Rada Charitable Foundation Inc	ROCHESTER, NY	$10,000
United Way of Greater Rochester and the Finger Lakes Inc	ROCHESTER, NY	$8,989
Citizens Charitable Foundation	JOHNSTON, RI	$100

Total tracked: $1,210,817 across 28 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$3.0M in expenses

Sponsors programs and projects that address the needs of the community. Operates exclusively for the benefit and support of rochester area community foundation. There were 48 grants paid out to agencies helping people in the greater rochester community.

Financial History

Revenue Over Time

Governance (FY 2024)

Leadership

Simeon Banister

Chief Executive Officer

Amy S Vars CPA

Chief Financial Officer

Megan Norris

Executive Director

Raegena Lawrence

Executive Director

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