Buffalo Scholarships Foundation Inc

Organization Overview

Buffalo Scholarships Foundation Inc is located in The Villages, FL. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Scholarships Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Buffalo Scholarships Foundation Inc generated $926.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $193.5k during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF EDUCATIONAL SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARDED EDUCATIONAL SCHOLARSHIPS TO 81 HIGH SCHOOL GRADUATES TOTALING 172,080 FOR ATTENDANCE AT AN APPROVED AND ACCREDITED POST-SECONDARY SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia A Francis
Treasurer 1/
$0
Jennifer Chandler
Treasurer 8/
$0
Rob Eddy
President 1/
$0
Diane P Gilpin
Secretary
$0
Erick Langenbrunner
VP To8/21;pr
$0
Devon L Wiechens
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$278,589
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$278,589
Total Program Service Revenue$0
Investment income $82,697
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $427,159
Net Income from Fundraising Events $134,882
Net Income from Gaming Activities $2,964
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $926,291

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Buffalo Scholarships Foundation Inc has recieved totaling $689.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$689
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,159,837
Earnings$180,049
Admin Expense$4,124
Other Expense$107,093
Grants$8,000
Ending Balance$1,220,669

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