Rich Family Foundation

Tracy Drury tells us Rich Products has committed two million dollars to the region's next generation through three nonprofit youth education programs.

The gift from the Rich Family Foundation, which represents the largest education-focused commitment in the company's history, supports Say Yes Buffalo, Buffalo Prep, and the Bison Children's Philanthropy Fund.

Buffalo-based Rich Products is the region's largest private company, with revenue of five billion dollars from food manufacturing operations around the world.

The company is in growth mode and aims to reach ten billion dollars by twenty thirty Ted Rich, Executive Vice President and Chief Growth Officer, said, "Investing in young people, the region's future leaders, is key to Buffalo's future." And he says, "When you're in a community for a long time, which our business has been, we look at these opportunities as relationships that continue to evolve and grow.

They're making an impact through their direct different programming.

That's really what we value.

We always look to make investments into the community that have impact and those that have a strong track record, who find new ways and opportunities for those who may find obstacles in their journey." With assets, assets of forty-- fourteen point two million, the Rich Family Foundation made gifts and grants totaling two point six million in twenty twenty-four, the latest year for which public data is available.

Among the largest grantees that year were Feed More Western New York, the Community Foundation for Greater Buffalo, and also Buffalo AKG Art Museum.

And then it became clear, like all the small businesses we've been relying on to give us a $500 ad buy were pinching their pennies and holding on as tight as they could through COVID.

So we were able to scrounge up a lot of extra funding from like Rich Family Foundation.

We did a lot of highlighting of the West Side and things like that.

And that's why they were able to give some funding for that because it was organizations that they were supporting anyways, that they were like, more people need to know about this.