The Bufka Foundation

EIN 364064204

Westborough, MA 01581 |(617) 557-9766

https://WWW.BUFKAFOUNDATION.ORG
Total Given 2017–2017
$604K
4 grants · $604K avg/year
based on 1 yr of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$198K
typical big bets · $151K–$198K
grant size
0%
transactional · single-year
repeat
$638K
Assets (2016)
4
Distinct Recipients

About

ON NOVEMBER 3,2017, THE DIRECTORS OF THE BUFKA FOUNDATION (THE "FOUNDATION"), PURSUANT TO SECTION 8 OF ARTICLE V OF THE FOUNDATION BYLAWS AND SECTION 108.45 OF THE ILLINOIS GENERAL NOT FOR PROFIT CORPORATION ACT OF 1986, ADOPTED THE FOLLOWING RESOLUTIONS PERTAINING TO DISSOLUTION OF THE FOUNDATION: THE FOUNDATION BE DISSOLVED. THE FOUNDATION'S REMAINING ASSETS BE DISTRIBUTED AS FOLLOWS: ALL DEBTS AND OBLIGATIONS OF THE FOUNDATION SHALL BE PAID AND DISCHARGED, OR ADEQUATE PROVISION SHALL BE MADE FOR THEM THE FOUNDATION SHALL DISTRIBUTE ALL REMAINING ASSETS TO THE FOLLOWING ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (AS AMENDED) (IN EACH CASE TO BE HELD IN A DONOR-ADVISED FUND SPONSORED BY THE NAMED ORGANIZATION FOR CHARITABLE PURPOSES THAT ARE CONSISTENT WITH THE FOUNDATION'S CHARITABLE PURPOSES): ONE-THIRD TO THE VERMONT COMMUNITY FOUNDATION ONE-THIRD TO THE FIDELITY CHARITABLE GIFT FUND ONE-THIRD TO THE ARIZONA COMMUNITY FOUNDATION ANDREA BUFKA, AS DIRECTOR, IS DELEGATED THE POWER TO SIGN ANY DOCUMENT AND TAKE ANY ACTION ON BEHALF OF THE FOUNDATION THAT SHE DEEMS APPROPRIATE IN FURTHERANCE OF THE ACTIONS DESCRIBED HEREIN. THE ARTICLES OF DISSOLUTION BE FILED WITH THE ILLINOIS SECRETARY OF STATE, UPON WHICH THE FOUNDATION SHALL CEASE OPERATIONS EXCEPT FOR ACTIONS TO WIND UP THE FOUNDATION IN ACCORDANCE WITH THE FOUNDATION'S GOVERNING DOCUMENTS, THE ILLINOIS NOT FOR PROFIT ACT, AND THE WRITTEN ACTION OF THE DIRECTORS

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Contact Person ANDREA BUFKA
Phone (617) 557-9766
Deadlines NONE.
How to Apply LETTER OF INQUIRY
Restrictions CURRENTLY GRANTS ARE MADE IN SUBURBAN CHICAGO AND NORTHEASTERN VERMONT AND AN ORGANIZATION'S ACTIVITY MUST FIT THE FOUNDATION'S MISSION STATEMENT OF "HELPING PEOPLE IN DESPERATE NEED." THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS, FOR CAPITAL CAMPAIGNS, OR FOR ENDOWMENTS.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 N/A $638K $134K N/A
2017 $604K $0 $34K 4

Grant Size Distribution

Based on 4 grants on record

Minimum
$10K
25th Pctl
$151K
Median
$198K
Average
$151K
75th Pctl
$198K
Maximum
$198K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

CB
Carl Bufka 2+ yrs
President Leadership
MH
Michael Hughes 2+ yrs
Director
AB
Andrea Bufka 2+ yrs
Director
KB
Karen Bufka 2+ yrs
Director

Grants Awarded (4 total)

Purpose
Vermont Community Foundation Middlebury, VT $197,983 HELPING PEOPLE IN DESPERATE NEED 2017
Arizona Community Foundation Phoenix, AZ $197,983 HELPING PEOPLE IN DESPERATE NEED 2017
Fidelity Investments Charitable Gift Fund Cincinnati, OH $197,909 HELPING PEOPLE IN DESPERATE NEED 2017
Kinhaven Music Schoolinc Maplewood, NJ $10,000 SCHOLARSHIP FUNDING 2017