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TDC FOUNDATION INC
BUFFALO, NY · EIN 161336537 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$107K
expenses
$21K
net assets
$2.0M
employees
0
volunteers
4
program ratio
0%
mission · from form 990

THE TDC FOUNDATION SUPPORTS THE WESTERN NEW YORK TECHNOLOGY DEVELOPMENT CENTER, INC., WHOSE PURPOSE IS TO TRANSFORM OUR REGION BY STIMULATING THE GROWTH AND CREATION OF DYNAMIC COMPANIES TO PROVIDE A SUPERIOR STANDARD OF LIVING FOR RESIDENTS OF WESTERN NEW YORK.

profile · synthesized from sources

The TDC Foundation Inc. supports the Western New York Technology Development Center, Inc., which aims to stimulate the growth and creation of dynamic companies in the region. Its mission is to contribute to a superior standard of living for residents of Western New York through regional economic development and technology-based innovation.

named programs · 1 · from sources

What they call their work

Support for Western New York Technology Development Center
Provides funding and strategic support to the Western New York Technology Development Center, Inc. to advance regional economic growth through technology and innovation
activities · 1 group

What they do

  • Women Entrepreneurs Grant Programs 1 activity
    • Funding support for technology development and company growth in Western New York
      Funds the Western New York Technology Development Center, Inc. to stimulate the growth and creation of dynamic companies in the region.
financials · form 990 · fy2024
revenue
Total revenue$107K
Contributions & grants$00%
Program service revenue$00%
Investment income$107K100%
Other revenue$0
expenses
Total expenses$21K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$2.03M
Cash$0
Investments$2.03M
Liabilities$36K
Net assets$1.99M
Liquid reserves1168.7 mo
4 years on record · 2020–2024 · YoY revenue +24.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
BENJAMIN L RAND PRESIDENT OF CORPORATION 0 $228K
LINDA J MCQUILLEN DIRECTOR OF ADMINISTRATION 0 $122K
board members · 5
  • CRAIG FISCHER — BOARD MEMBER/SECRETARY
  • DALE GIER — BOARD MEMBER/PRESIDENT
  • PAUL DELLANEVE — BOARD MEMBER
  • ROCCO SURACE — BOARD MEMBER/TREASURER
  • STEVEN F CALZI — BOARD MEMBER/PRESIDENT (TO 5/30/24)
relationships · 1

Who they work with

  • Western New York Technology Development Center, Inc. Partner — Primary organization supported by the foundation to advance regional economic development.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Regional Economic Development via Technology Investment
    methodology: regional-economic-development
    By investing in regional technology development, the foundation stimulates company growth and improves living standards in Western New York, because localized innovation ecosystems generate economic opportunity and long-term community prosperity.