2025-05-12T07:23:46-05:00 2024-06-30 135565207 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 122072974 990 2023-07-01 161331699 UB FOUNDATION SERVICES INC UBFO 7166453011 BOX 900 BUFFALO NY 14226 PATRICK RICHEY CHIEF FINANCIAL OFFICER 7166453011 2025-05-08 1 0 STEPHANIE LONCZAK P10880207 5184274600 2023 2025-03-06 01:10:19Z ANASTACIA S KNAPPER BOX 900 BUFFALO NY 14226 0 0 X WWW.UB-FOUNDATION.ORG X 1988 NY TO CARRY OUT THE PURPOSES OF THE UNIV AT BUFFALO FOUNDATION AND THE UNIV AT BUFFALO BY ADMINISTERING RESEARCH GRANTS, PROVIDING FINANCIAL SERVICES, AND ACQUIRING REAL ESTATE FOR CRITICAL UNIVERSITY INITIATIVES. 7 7 0 7 0 0 25 0 0 0 0 0 0 0 25 0 0 0 0 0 0 0 0 0 0 25 0 25 0 0 0 2710296 2710286 2710296 2710286 0 0 THE ORGANIZATION'S MISSION IS TO CARRY OUT THE PURPOSES OF THE UNIV. AT BUFFALO FOUNDATION, INC. AND THE UNIV. AT BUFFALO BY ADMINISTERING RESEARCH GRANTS; PROVIDING FINANCIAL AND ADMINISTRATIVE SERVICES; AND ACQUIRING REAL ESTATE FOR CRITICAL UNIVERSITY INITIATIVES. 0 0 ADMINISTERING RESEARCH GRANTS AND PROVIDING FINANCIAL, ACCOUNTING, AND ADMINISTRATIVE SERVICES FOR VARIOUS UNIVERSITY AT BUFFALO PROGRAMS. UB FOUNDATION SERVICES, INC. DID NOT ADMINISTER GRANTS OR PROVIDE OTHER ADMINISTRATIVE SERVICES IN ITS FISCAL YEAR ENDED JUNE 30, 2024, BUT REMAINS AVAILABLE TO ADMINISTER GRANTS OR PROVIDE OTHER ADMINISTRATIVE SERVICES SHOULD THE NEED ARISE AT THE UNIVERSITY AT BUFFALO. 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X PATRICK E RICHEY 7166453011 BOX 900 BUFFALO NY 14226 TERESA BAIR DIRECTOR 1.00 2.00 X 0 0 0 GREGORY BAUER DIRECTOR 1.00 2.00 X 0 0 0 ROBERT DENNING DIRECTOR 1.00 1.00 X 0 0 0 NAGENDRA RAINA DIRECTOR 1.00 2.00 X 0 0 0 STEVEN SHEPSMAN DIRECTOR 1.00 2.00 X 0 0 0 EILEEN SILVERS CHAIR/DIRECTOR 1.00 2.00 X X 0 0 0 DANIEL K MAGNUSZEWSKI DIRECTOR (AS OF 7/1/23) 1.00 2.00 X 0 0 0 ANASTACIA KNAPPER CHIEF EXECUTIVE OFFICER 2.00 40.00 X 0 361894 68156 PATRICK RICHEY CHIEF FINANCIAL OFFICER 2.00 40.00 X 0 248804 29814 0 610698 97970 0 0 1 0 0 0 0 0 0 0 0 0 0 4384 4374 2705912 2705912 2710296 2710286 30646 30636 2679650 2679650 2710296 2710286 X 0 0 2710296 2710286 0 X 0 1 X 1 0 X 1046 0 0 25 0 1071 35689 17791 42793 0 0 96273 36735 17791 42793 25 97344 0 13038 441 12507 25986 13038 441 12507 25986 71358 2 0 0 0 0 2 2 2 36737 17791 42793 25 97346 0.73300 0.89540 0.00000 0.00010 X 0 RECEIVABLE FROM AFFILIATE 2705912 2705912 PAYABLE TO AFFILIATE 2679650 2679650 X PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE INTERNAL REVENUE SERVICE HAS RULED THAT UB FOUNDATION SERVICES, INC. IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS THEREFORE, GENERALLY NOT SUBJECT TO TAX ON RELATED INCOME UNDER PRESENT FEDERAL INCOME TAX LAWS, AND IS ALSO NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(1), (A)(2) OR (A)(3) OF THE INTERNAL REVENUE CODE. UB FOUNDATION SERVICES, INC. FOLLOWS THE PROVISIONS OF ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHEREBY IT RECOGNIZES INCOME TAX POSITIONS WHEN IT IS MORE-LIKELY THAN-NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. MANAGEMENT HAS CONCLUDED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT NEED TO BE RECORDED AT JUNE 30, 2024 OR 2023. 0 0 0 0 0 0 0 0 0 ANASTACIA KNAPPER CHIEF EXECUTIVE OFFICER 0 361894 0 0 0 0 0 43002 0 25154 0 430050 0 0 PATRICK RICHEY CHIEF FINANCIAL OFFICER 0 248804 0 0 0 0 0 29289 0 525 0 278618 0 0 PART I AND PART II COMPENSATION UB FOUNDATION SERVICES, INC. DOES NOT COMPENSATE ANY OFFICERS, DIRECTORS, OR KEY EMPLOYEES. CERTAIN INDIVIDUALS RECEIVED COMPENSATION FROM A RELATED ORGANIZATION AND THE PROCESS OF DETERMINING COMPENSATION IS CONDUCTED AT THE RELATED ORGANIZATION'S LEVEL, USING A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS AFTER THE FORM 990 HAS BEEN PREPARED AND COMPLETED INTERNALLY IT IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT. AN EXTERNAL REVIEW OF THE FORM 990 IS THEN PERFORMED BY THE ORGANIZATION'S OUTSIDE ACCOUNTANTS (KPMG). THE ORGANIZATION'S BOARD OF DIRECTORS HAS DELEGATED THE REVIEW PROCESS TO THE AUDIT COMMITTEE OF THE UNIVERSITY AT BUFFALO FOUNDATION, INC., AN AFFILIATED ENTITY. THE FORM 990 IS DISCUSSED AT A MEETING OF THE AUDIT COMMITTEE PRIOR TO FILING THE RETURN. UPON COMPLETION OF THE AUDIT COMMITTEE'S REVIEW, THE FORM 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS ALL DIRECTORS AND OFFICERS OF THE ORGANIZATION ARE REQUIRED TO COMPLETE A WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. ALL DIRECTORS AND OFFICERS ARE ALSO REQUIRED TO PROVIDE ANY UPDATED INFORMATION ON POTENTIAL CONFLICTS THAT ARISE PRIOR TO THE COMPLETION OF THE DISCLOSURE STATEMENT. ALL DISCLOSURE STATEMENTS ARE REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND LEGAL COUNSEL. ALL SITUATIONS THAT ARE DEEMED TO REPRESENT A CONFLICT AS DESCRIBED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ARE REPORTED TO THE BOARD CHAIR. THE CONFLICTED INDIVIDUAL MUST RECUSE HIMSELF OR HERSELF DURING THE DISCUSSION OF AND VOTING ON AN ACTION THAT INVOLVES THE IDENTIFIED CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. ECLIPSE CAMPUS LLC 11630 WATSON ROAD SPRINGVILLE NY 14141 270563422 UB PROJECTS NY 0 0 UBFS UNIVERSITY AT BUFFALO FOUNDATION INC BOX 900 BUFFALO NY 14226 160865182 EDUCATION SVC NY 501(C)(3) 7 N/A 0 UB FOUNDATION ACTIVITIES INC BOX 900 BUFFALO NY 14226 161372561 EDUCATION SVC NY 501(C)(3) 7 N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0