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716 FOUNDATION INC

BUFFALO, NY · EIN 872553620 · Form 990 · FY2024 · NTEE T31 · Philanthropy & Grantmaking · Small ($100K-$1M) · 716foundation.org
revenue
$126K
expenses
$96K
net assets
$86K
employees
0
program ratio
79%
mission · from form 990

TO PROVIDE MINORITY, AT-RISK, UNDERPRIVELEGED OR SPECIAL NEEDS CHILDREN AND THEIR FAMILIES EDUCATIONAL OPPORTUNITIES AND EXPERIENCES AT WESTERN NY'S ART, CULTURAL, SCIENTIFIC, SPORTS AND ENTERTAINMENT INSTITUTIONS LOCATED WITHIN ERIE AND NIAGARA COUNTY, NEW YORK.

profile · synthesized from sources

716 Foundation Inc supports minority, at-risk, underprivileged, and special needs children and their families by providing access to educational and cultural experiences in Western New York. The foundation funds programs at institutions such as Cradle Beach and the Buffalo Zoo, offering subsidized or free admission, capital improvement grants, and scholarship opportunities. Its work focuses on Erie and Niagara Counties, New York.

named programs · 5 · from sources

What they call their work

716 Foundation Camper Scholarship
Provides funding for 15 campers annually to attend Cradle Beach without financial burden to their families, focusing on children with disabilities and special needs.
Bills Game Outings
Provides tickets and tailgate experiences for pediatric patients and families from Oishei Children’s Hospital and other community groups to attend Buffalo Bills games.
Bison Exhibit Sponsorship
Lead sponsorship for the renovation of the Buffalo Zoo’s Bison Exhibit, including new viewing platforms, animal chutes, and the introduction of three new bison.
Buffalo Zoo Access Program
Subsidizes ticket costs to the Buffalo Zoo to increase access for underserved families and children, promoting educational and cultural experiences.
Nick Zmuda Employee Fund
Offers incremental compensation and bonuses to Cradle Beach staff, counselors, and nurses to support employee retention and recognize dedication.
activities · 5 groups

What they do

  • Summer Camp Access Scholarships 1 activity
    • Awarding scholarships for children with disabilities to attend camp
      Provides funding through the "716 Foundation Camper Scholarship" to cover camp costs for 15 children with disabilities and special needs annually, beginning in 2022.
  • Capital Infrastructure Funding 1 activity
    • Funding capital improvements at nonprofit cultural and recreational institutions
      Provides grants to support capital improvements at nonprofit cultural, scientific, sport, and entertainment institutions, including lead sponsorship of the Bison Exhibit renovations at the Buffalo Zoo and full restoration of Cradle Beach's basketball court.
  • Recreational and Emotional Support Programs for Children with Serious Illnesses 1 activity
    • Providing direct event-based experiences for pediatric patients and families
      Organizes and delivers direct experiences such as donating over 50 tickets for children and families to attend Buffalo Bills games, providing game tickets for 20 pediatric patients and their families, and serving food and refreshments to pediatric patients aboard Engine 17 before a game.
  • Library-Provided Cultural Access Passes 1 activity
    • Subsidizing access to cultural and recreational institutions for underserved children and families
      Provides free or subsidized admission for minority, at-risk, and special needs children and their families to art, cultural, scientific, sport, and entertainment institutions in Western New York, including planned subsidization of ticket costs for the Buffalo Zoo starting in spring 2023.
  • Uncategorized 1 activity
    • Supporting employee retention at partner organizations through targeted funding
      Established the "Nick Zmuda Employee Fund" to provide bonus compensation to Cradle Beach staff, including counselors, supervisors, lifeguards, and nurses, to support workforce stability.
financials · form 990 · fy2024
revenue
Total revenue$126K
Contributions & grants$126K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$96K
Program expenses79%
Admin / overhead21%
Fundraising0%
Salaries & benefits$0
Grants paid out$76K
Largest expense lineProfessional Fees
balance sheet
Total assets$86K
Cash$39K
Investments$0
Liabilities$0
Net assets$86K
Liquid reserves4.9 mo
2 years on record · 2023–2024 · YoY revenue +3660.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 7
  • AARON STAHURA — PRESIDENT
  • ABIGAIL GREGORY — TREASURER
  • EDWARD KRESCONKO — VICE PRESIDENT
  • JOSHUA ASSAD — DIRECTOR
  • JOSHUA FEINE — DIRECTOR
  • JOSHUA LIPPES — SECRETARY
  • MARTIN SZYMANSKI — DIRECTOR
relationships · 4

Who they work with

  • Buffalo Bills Partner — Partnered with 716 Foundation to provide game experiences for children and families.
  • Buffalo Zoo Partner — Partnered with the Buffalo Zoo to support the renovation of the Bison Exhibit and the introduction of new bison.
  • Cradle Beach Partner — Provides funding and sponsorship to support camper scholarships, staff compensation, and facility improvements at Cradle Beach.
  • Oishei Children’s Hospital Partner — Collaborated with 716 Foundation to identify pediatric patients for Bills game attendance through the Stone’s Buddies Program.
strategies · 3

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.

  • Cultural Access for Underserved Youth
    methodology: cultural_access_for_underserved_youth
    By providing free or subsidized access to cultural and educational institutions, the organization enables life-changing experiences for underserved children and families, because exposure to arts, sciences, sports, and entertainment broadens horizons and fosters personal development.
  • Equitable Access Through Targeted Scholarships
    methodology: equitable_access_funding
    By using targeted scholarship funding, the organization increases participation in camp programs among children with disabilities and special needs, because financial and structural barriers are directly addressed to enable inclusion.
  • Experiential Community Engagement
    methodology: experiential_community_event
    By organizing experiential events around shared community traditions such as Buffalo Bills games and tailgating, the organization creates transformative and memorable experiences for children and families, because shared rituals build connection and belonging.