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FREDA B BOWERS CHARITABLE FOUNDATION

BUFFALO, NY · EIN 526912468 · Form 990PF · FY2024 · NTEE T90 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$115K
expenses
$26K
net assets
$1.3M
employees
profile · synthesized from sources

FREDA B BOWERS CHARITABLE FOUNDATION is a private foundation based in New York that provides general operating support grants to community organizations. Recipients include schools, parks departments, YMCAs, and religious institutions, primarily in the Allegany and Cumberland areas. The foundation has consistently funded these organizations annually since at least 2022.

named programs · 1 · from sources

What they call their work

General Operating Support Grants
Provides unrestricted operating grants to local community organizations such as high schools, parks departments, YMCAs, and churches in Allegany County and Cumberland, MD
activities · 3 groups

What they do

  • Municipal and Community General Support 2 activities
    • Funding general operating expenses for City of Cumberland Parks & Rec Dept
      Funds general operating expenses for the City of Cumberland Parks & Recreation Department through recurring grants.
    • Funding general operating expenses for Cumberland YMCA
      Funds general operating expenses for Cumberland YMCA through recurring grants.
  • Private K–12 School Support 1 activity
    • Funding general operating expenses for Allegany High School
      Funds general operating expenses for Allegany High School through recurring grants.
  • Jewish Religious Institution Support 1 activity
    • Funding general operating expenses for St Paul's Lutheran Church
      Funds general operating expenses for St Paul's Lutheran Church through recurring grants.
financials · form 990PF · fy2024
revenue
Total revenue$115K
Contributions & grants
Program service revenue
Investment income$41K36%
Other revenue$74K
expenses
Total expenses$26K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$24K
Grants paid out$67K
balance sheet
Total assets$1.33M
Cash
Investments
Liabilities
Net assets$1.33M
5 years on record · 2020–2024 · YoY revenue +75.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
M&T Bank TRUSTEE 1 $24K
relationships · 4

Who they work with

  • ALLEGANY HIGH SCHOOL Partner — Receives grants from the foundation for general operating expenses.
  • CITY OF CUMBERLAND PARKS & REC DEPT Partner — Receives grants from the foundation for general operating expenses.
  • CUMBERLAND YMCA Partner — Receives grants from the foundation for general operating expenses.
  • ST PAUL'S LUTHERAN CHURCH Partner — Receives grants from the foundation for general operating expenses.