The Bison Childrens Scholarship Fund Inc

Organization Overview

The Bison Childrens Scholarship Fund Inc is located in Buffalo, NY. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Bison Childrens Scholarship Fund Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bison Childrens Scholarship Fund 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 06/2022, Bison Childrens Scholarship Fund Inc generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $4.9m during the year ending 06/2022. While expenses have increased by 10.6% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

FOUNDED IN 1995, THE BISON CHILDREN'S SCHOLARSHIP FUND IS A PRIVATELY FUNDED ORGANIZATION WHOSE MISSION IS TO BROADEN THE EDUCATIONAL OPPORTUNITIES FOR WESTERN NEW YORK CHILDREN BY HELPING LOW-INCOME FAMILIES AFFORD THE COST OF PRIVATE K-12 SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN ADDITION TO GOOD HEALTH AND GREAT LOVE, THE BEST GIFT WE CAN PROVIDE OUR CHILDREN IS A QUALITY EDUCATION. FOR FAMILIES OF MODEST MEANS, ACCESS TO QUALITY EDUCATION IS MADE POSSIBLE BY THE BISON CHILDREN'S SCHOLARSHIP FUND. FOR 28 YEARS, MEMBERS OF OUR COMMUNITY, HAVE HELPED FUND 39,000 SCHOLARSHIPS FOR LOW-INCOME CHILDREN TO ATTEND SCHOOLS OF THEIR CHOICE. BISON IS THE ONLY K-12 SCHOLARSHIP PROGRAM IN WNY, AND THE 5TH LARGEST K-8 PROGRAM NATIONALLY. BISON SUPPORTS 1,930 STUDENTS ATTENDING 80 K-12 SCHOOLS ACROSS WNY.


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Board, Officers & Key Employees

Name (title)Compensation
Amy E Popadick
Executive Director
$117,207
Paul D Bauer
President
$0
Dennis J Szymkowiak
Vice President
$0
Andrew L Fors
Treasurer
$0
Jonathan Amoia
Board Member
$0
Thomas R Beecher Jr
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$469,621
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,851,637
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,321,258
Total Program Service Revenue$0
Investment income $154,151
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$36,813
Net Income from Fundraising Events $1,353
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,442,449

Grants Recieved

Over the last fiscal year, we have identified 23 grants that The Bison Childrens Scholarship Fund Inc has recieved totaling $3,926,054.

Awarding OrganizationAmount
Mother Cabrini Health Foundation

New York, NY

PURPOSE: ADMINISTRATION OF ROCHESTER AND SYRACUSE SCHOLARSHIP PROGRAMS

$1,000,000
Mother Cabrini Health Foundation

New York, NY

PURPOSE: BISON K-12 SCHOLARSHIP INITIATIVE - RENEWAL

$1,000,000
The Childrens Scholarship Fund

New York, NY

PURPOSE: To provide partial scholarship awards to children from low-income families

$259,020
John R Oishei Foundation

Buffalo, NY

PURPOSE: K-8 SCHOLARSHIP PROGRAM

$234,500
John R Oishei Foundation

Buffalo, NY

PURPOSE: BISON CHILDREN'S SCHOLARSHIP FUND - K-8 SCHOLARSHIP PROGRAM (2020-2021)

$234,500
John R Oishei Foundation

Buffalo, NY

PURPOSE: K-8 SCHOLARSHIP PROGRAM

$234,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,377,555
Earnings-$773,636
Net Contributions$814,691
Ending Balance$3,418,610

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