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Buffalo Scholarships Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204450548 ✦ The villages, FL ✦ Designated as a 501(c)(3)

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Overview

What is Buffalo Scholarships Foundation Inc?

Buffalo Scholarships Foundation Inc, located in The Villages, Florida, is a nonprofit organization dedicated to providing financial assistance in the form of educational scholarships to qualified high school students. In the previous year, they awarded scholarships totalling $228,970 to 111 high school graduates, enabling them to pursue higher education at approved and accredited post-secondary schools. The foundation's primary objective is to support these students in their educational journey, contributing to their personal growth and future success.


Official website here: www.buffaloscholarshipfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95%

The Buffalo Scholarships Foundation Inc earned a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in both accountability and impact. With an overall score of 95%, the organization excels particularly in its Impact & Measurement score of 100, indicating significant effectiveness in achieving its mission.

The foundation demonstrates a solid commitment to financial accountability, as evidenced by its score of 88 in the Accountability & Finance category. This suggests that the organization effectively manages its resources, ensuring that a substantial portion of donations directly contributes to its scholarship programs.

A notable strength of the Buffalo Scholarships Foundation is its impressive ability to increase the income of scholarship recipients, reportedly generating over $1.50 for every $1 spent. This ratio highlights the foundation's effectiveness in using funds to create tangible benefits for the students it serves, showcasing its significant impact on the community.


This AI summary has been generated from information found on Charity Navigator.

Is Buffalo Scholarships Foundation Inc legitimate?

Buffalo Scholarships Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Scholarships Foundation Inc 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.buffaloscholarshipfoundation.org

What is the mission statement of Buffalo Scholarships Foundation Inc?

The Buffalo Scholarships Foundation Inc's mission is centered around providing financial aid in the form of educational scholarships to deserving high school students. This organization aims to empower these students by easing their financial burden, enabling them to pursue higher education at accredited post-secondary institutions. In the past year, the foundation has awarded scholarships totaling $228,970 to 111 qualified high school graduates.


Official website here: www.buffaloscholarshipfoundation.org

Who is the CEO of Buffalo Scholarships Foundation Inc?

Dr Randy Mcdaniel is the Treasurer of Buffalo Scholarships Foundation Inc.


Official website here: www.buffaloscholarshipfoundation.org

What is the revenue of Buffalo Scholarships Foundation Inc?

Buffalo Scholarships Foundation Inc's revenue in 2022 was $1,534,440.


Official website here: www.buffaloscholarshipfoundation.org

Who are the executives of Buffalo Scholarships Foundation Inc and what are their salaries?

There 200 volunteers at Buffalo Scholarships Foundation Inc.


Here are 6 key members and their salaries:


Jennifer Chandler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane P Gilpin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erick Langenbrunner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Markward (V.P.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devon L Wiechens (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Randy Mcdaniel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.buffaloscholarshipfoundation.org

Where can I find the form 990 for Buffalo Scholarships Foundation Inc?

Buffalo Scholarships Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.buffaloscholarshipfoundation.org

Learn more at the official website: www.buffaloscholarshipfoundation.org

Mission Statement of Buffalo Scholarships Foundation Inc

Buffalo Scholarships Foundation Inc, as its mission statement suggests, is dedicated to providing financial aid in the form of educational scholarships to deserving high school graduates. This nonprofit organization's primary objective is to support these students as they transition into post-secondary education at accredited institutions. Over the years, Buffalo Scholarships Foundation Inc has awarded scholarships to a significant number of students, totaling over 228,970 dollars in financial assistance. This generous contribution has enabled 111 high school graduates to pursue their academic dreams, thereby empowering them to contribute positively to society in the future.

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Impact




October, 2024

Buffalo Scholarships Foundation Inc has made a significant impact by providing crucial financial assistance to high school students in The Villages, FL. By awarding educational scholarships totaling $228,970 to 111 graduates, the foundation has helped pave the way for these students to attend accredited post-secondary institutions. This support not only alleviates financial burdens but also empowers students to pursue their academic and career goals, contributing to their personal development and long-term success. Through its commitment to education, Buffalo Scholarships Foundation Inc fosters a brighter future for individuals and the community as a whole.




This information is meant to be a general summary of Buffalo Scholarships Foundation Inc. 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.

Revenue
$1,534,440 (2022)
Expenses
$261,377 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,927
  • Gross Receipts: $2,375,115

Assets and Liabilities:

  • Total Assets: $4,932,268
  • Total Liabilities: $0
  • Net Assets: $4,932,268

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Organization Details

Founding Year

2006

Principal Officer

Dr Randy Mcdaniel

Main Address

251 BUFFALO TRAIL, THE VILLAGES, FL, 32162

NTEE Category

Code: B82 - Education

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