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 12/2022, Buffalo Scholarships Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $261.4k during the year ending 12/2022. While expenses have increased by 12.3% per year over the past 8 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

2022

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 111 HIGH SCHOOL GRADUATES TOTALING 228,970 FOR ATTENDANCE AT AN APPROVED AND ACCREDITED POST-SECONDARY SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Chandler
Treasurer
$0
Diane P Gilpin
Secretary
$0
Erick Langenbrunner
President
$0
Mary Markward
V.P.
$0
Devon L Wiechens
Vice Chair
$0
Dr Randy Mcdaniel
Chairman
$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$1,343,578
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,343,578
Total Program Service Revenue$0
Investment income $71,281
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$60,354
Net Income from Fundraising Events $168,979
Net Income from Gaming Activities $10,956
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,534,440

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