Florida · Nonprofit
BUFFALO SCHOLARSHIPS FOUNDATION INC
BUFFALO SCHOLARSHIPS FOUNDATION INC (Florida) receives grants from 6 organizations whose IRS filings report $449,464 to it, the largest being BOLSTERS FOUNDATION INC ($250,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $839k
- Funders on record
- 6
- Grants received
- $449k
- Net assets
- $6.0M
What Buffalo Scholarships Foundation Inc does
Mission
Provide financial assistance in the form of educational scholarships to qualified high school students.
As stated on its FY2024 Form 990.
Program
Awarded educational scholarships to 252 high school graduates totaling $603,623 for attendance at an approved and accredited post-secondary school.
$603,623 spentof which $603,623 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $603,623.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.0M to $4.9M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
39% of BUFFALO SCHOLARSHIPS FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Dr Randy Mcdaniel
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $11k → $237k.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BUFFALO SCHOLARSHIPS FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BUFFALO SCHOLARSHIPS FOUNDATION INC leans on a few funders — its largest provides 56% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 94% · 2021 99% · 2022 60% · 2023 84% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
98% of BUFFALO SCHOLARSHIPS FOUNDATION INC's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $26k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BUFFALO SCHOLARSHIPS FOUNDATION INC runs a healthier operating margin than three-quarters of the 22,838 education nonprofits its size.
this organization peer median middle 50% of peers· 22,838 education nonprofits $100k–$1M, FY2024
Organizations like BUFFALO SCHOLARSHIPS FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
37%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for BUFFALO SCHOLARSHIPS FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BUFFALO SCHOLARSHIPS FOUNDATION INC?
- BUFFALO SCHOLARSHIPS FOUNDATION INC (Florida) receives grants from 6 organizations whose IRS filings report $449,464 to it, the largest being BOLSTERS FOUNDATION INC ($250,000). 3 of them have funded it in more than one year.
- How many funders does BUFFALO SCHOLARSHIPS FOUNDATION INC have?
- IRS filings report 6 organizations giving $449,464 in grants to BUFFALO SCHOLARSHIPS FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of BUFFALO SCHOLARSHIPS FOUNDATION INC?
- BOLSTERS FOUNDATION INC is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
- How can an organization like BUFFALO SCHOLARSHIPS FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Buffalo Scholarships →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing