Overview
What is Buffalo Sabres Foundation?
The Buffalo Sabres Foundation is a charitable organization located in Buffalo, New York, which actively supports various initiatives in the region. Their primary focus is on stimulating, encouraging, and backing organizations that cater to youth hockey projects, the welfare, education, and empowerment of underprivileged or disadvantaged youth, and military personnel. Moreover, they extend their support to physically and mentally challenged athletes, aiding them in realizing their full potential and fostering the confidence and integrity required for personal success. The foundation provides financial assistance and platforms to these organizations, enabling them to achieve their goals and enhance the lives of their members.
Official website here: www.sabres.nhl.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
The Buffalo Sabres Foundation has achieved a solid rating of 88%, reflecting strong accountability and financial practices. The organization boasts a fully independent board, which is critical for maintaining integrity and transparency. Moreover, it excels in several key areas, including its Program Expense Ratio of 90.63%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
Despite these strengths, the foundation has some limitations in its governance policies. Specifically, it is noted that the organization lacks a whistleblower policy and a document retention and destruction policy. Additionally, the foundation has not posted its tax form on its website, which is a recommended practice for transparency. Addressing these areas could enhance its overall governance framework and build greater trust with stakeholders.
Overall, the Buffalo Sabres Foundation demonstrates a commitment to accountability and effective financial management, making it a reliable nonprofit within the community. However, improvements in governance practices would further strengthen its operational transparency and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo Sabres Foundation legitimate?
Buffalo Sabres Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Sabres Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sabres.nhl.com
What is the mission statement of Buffalo Sabres Foundation?
The Buffalo Sabres Foundation aims to stimulate, support, and encourage organizations that are committed to various initiatives. These initiatives include youth hockey, the health, wellness, and education of underprivileged or disadvantaged youth, military personnel, and physically and mentally challenged athletes. The foundation achieves this by providing financial generosity and other platforms for these organizations' endeavors. Through such support, these organizations can realize their full potential, enabling their members to gain the confidence and integrity necessary to succeed in life.
Official website here: www.sabres.nhl.com
Who is the CEO of Buffalo Sabres Foundation?
Rich Jureller is the Board Member/President of Buffalo Sabres Foundation.
Official website here: www.sabres.nhl.com
What is the revenue of Buffalo Sabres Foundation?
Buffalo Sabres Foundation's revenue in 2022 was $1,237,532.
Official website here: www.sabres.nhl.com
Who are the executives of Buffalo Sabres Foundation and what are their salaries?
There 12 volunteers at Buffalo Sabres Foundation.
Here are 12 key members and their salaries:
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Official website here: www.sabres.nhl.com
Where can I find the form 990 for Buffalo Sabres Foundation?
Buffalo Sabres Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sabres.nhl.com
Learn more at the official website: www.sabres.nhl.com
Mission Statement of Buffalo Sabres Foundation
The Buffalo Sabres Foundation aims to stimulate, support, and encourage organizations in Western New York that are committed to various initiatives. These organizations primarily focus on youth hockey, the health and wellness of underprivileged or disadvantaged youth, military personnel, and physically and mentally challenged athletes. The foundation provides financial generosity and other platforms to help these organizations realize their full potential. By doing so, the members of these organizations are able to gain the confidence and integrity necessary to succeed in life. The ultimate goal of the Buffalo Sabres Foundation is to contribute positively to the lives of individuals in these communities, fostering growth and development through its various initiatives.
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Impact
October, 2024
The Buffalo Sabres Foundation has made a significant impact in Western New York by stimulating, supporting, and encouraging organizations that focus on key areas such as youth hockey initiatives, the health and wellness of underprivileged and disadvantaged youth, military personnel, and athletes with physical and mental challenges. Through financial support and various platforms, the Foundation empowers these organizations to reach their highest potential.
This assistance helps instill confidence and integrity in their members, fostering an environment where they can thrive and succeed in life. By prioritizing youth development, the Foundation ensures that future generations have access to valuable resources and opportunities that can transform their lives, ultimately enriching the community as a whole.
This information is meant to be a general summary of Buffalo Sabres Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,462,730
Assets and Liabilities:
- Total Assets: $571,788
- Total Liabilities: $269,884
- Net Assets: $301,904
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Organization Details
Founding Year
1995
Phone
(716) 855-4544Principal Officer
Rich Jureller
Main Address
ONE SEYMOUR H KNOX PLAZA, BUFFALO, NY, 14203
Website
www.sabres.nhl.comNTEE Category
Code: O12 - Youth development
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