2021-03-02T14:08:20-06:00 2020-06-30 043728817 TRONCONI SEGARRA & ASSOCIATES LLP 8321 MAIN STREET WILLIAMSVILLE NY 14221 990 2019-07-01 161477288 THE BISON CHILDREN'S SCHOLARSHIP FUND INC BISO 7168540869 284 DELAWARE AVENUE BUFFALO NY 14202 ANDREW L FORS TREASURER 7168540869 2021-02-12 1 KATHLEEN A GRIECO CPA P00759978 7166331373 2021-02-12 2019 2022-09-23 18:48:47Z ANDREW L FORS 284 DELAWARE AVENUE BUFFALO NY 14202 12635150 0 X WWW.BISONFUND.COM X 1995 NY 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. 16 16 4 65 0 0 3581499 7742473 0 0 63904 24131 -6012 36178 3639391 7802782 2599429 2642502 0 0 199293 245594 0 0 444201 190693 402487 2989415 3290583 649976 4512199 5124457 9690935 78310 98067 5046147 9592868 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. 0 0 2734319 2642502 42209 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 26 YEARS, MEMBERS OF OUR COMMUNITY, HAVE HELPED FUND 33,300 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 1,864 STUDENTS ATTENDING 81 K-12 SCHOOLS ACROSS WNY. 2734319 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X AMY POPADICK 7168540869 284 DELAWARE AVENUE BUFFALO NY 14202 PAUL D BAUER PRESIDENT 10.00 X X 0 0 0 DENNIS J SZYMKOWIAK VICE PRESIDENT 1.00 X X 0 0 0 ANDREW L FORS TREASURER 1.00 X X 0 0 0 JONATHAN AMOIA BOARD MEMBER 1.00 X 0 0 0 THOMAS R BEECHER JR BOARD MEMBER 1.00 X 0 0 0 PATRICIA A FARRELL BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER L JACOBS BOARD MEMBER 1.00 X 0 0 0 TOD D MARTIN BOARD MEMBER 1.00 X 0 0 0 MICHAEL L MCCABE BOARD MEMBER 1.00 X 0 0 0 NANCY A NAPLES BOARD MEMBER 1.00 X 0 0 0 REV JOSEPH S ROGLIANO BOARD MEMBER 1.00 X 0 0 0 PAUL SEMINARA BOARD MEMBER 1.00 X 0 0 0 CHRISTINA STANDISH BOARD MEMBER 1.00 X 0 0 0 BETSY SULLIVAN BOARD MEMBER 1.00 X 0 0 0 KELLIE M ULRICH BOARD MEMBER 1.00 X 0 0 0 HEATHER A WILLIAMS BOARD MEMBER 1.00 X 0 0 0 AMY E POPADICK EXECUTIVE DIRECTOR 40.00 X 100561 0 9484 100561 0 9484 1 0 0 0 0 454460 7288013 7742473 89338 89338 4710635 4775842 -65207 -65207 -65207 50495 454460 56526 -6031 -6031 COVID-19 EMERGENCY FUND 900099 42209 42209 42209 7802782 42209 0 18100 2642502 2642502 107475 34381 30527 42567 105592 33778 29992 41822 7741 2478 2167 3096 8639 2766 2380 3493 16147 6965 1296 7886 7592 7592 21579 2346 10120 9113 6908 5287 1621 12383 12383 4081 408 3673 10141 10141 5465 5465 CONSULTING -ENDOWMENT 321405 321405 MISCELLANEOUS 6815 3408 3407 DONOR CULTIVATION 6118 6118 3290583 2734319 112063 444201 80972 56904 661283 541753 2330273 4392907 0 13630 3919 4922 77299 43895 40921 33404 2007089 4647415 5124457 9690935 48985 8562 29325 46705 0 42800 78310 98067 X 1992288 1778758 3053859 7814110 5046147 9592868 5124457 9690935 4512199 47178 -12656 0 X X 0 1 X 1 0 X 2453822 2554189 4302930 3581499 7742473 20634913 2453822 2554189 4302930 3581499 7742473 20634913 3486295 17148618 14492 12772 21618 41115 89338 179335 20814248 0.82390 0.84000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1929735 -48996 1880739 0.00000 1.00000 0.00000 0 0 14053 5104 8949 40756 16301 24455 22490 22490 0 33404 PPP LOAN 42800 42800 7871094 47178 33790 80968 7790126 12656 12656 7802782 3324373 33790 33790 3290583 0 3290583 BISON LUNCHEON 504955 454460 50495 30451 26075 504955 454460 50495 30451 26075 56526 -6031 0 PRIVATELY FUNDED TUITION ASSISTANCE PROGRAM FOR DISADVANTAGED CHILDREN 1864 2642502 PART III, COLUMN (A): PRIVATELY FUNDED TUITION ASSISTANCE PROGRAM FOR ECONOMICALLY DISADVANTAGED CHILDREN LIVING IN WESTERN NEW YORK. FAMILIES CHOSEN TO RECEIVE ASSISTANCE ARE ABLE TO SEND THEIR CHILD TO A PRIVATE GRAMMAR SCHOOL OF CHOICE. FORM 990 THE ORGANIZATION PAYS THE SCHOLARSHIPS DIRECTLY TO THE SCHOOLS ON BEHALF OF THE CHILDREN (NOT THE PARENTS). THE SCHOOL IS RESPONSIBLE TO INFORM BISON IF A STUDENT HAS LEFT THE SCHOOL AND THE REASON. BISON STUDENTS ARE ELIGIBLE TO TRANSFER TO A DIFFERENT PRIVATE SCHOOL WITH THEIR SCHOLARSHIP. IF A STUDENT LEAVES THE PROGRAM, THERE IS A 6 MONTH GRACE PERIOD IF THEY WISH TO RETURN TO THE SCHOOL AND THEIR SCHOLARSHIP IS REACTIVATED. HOWEVER STUDENTS THAT LEAVE BECAUSE THEY HAVE BEEN EXPELLED IMMEDIATELY LOSE THEIR SCHOLARSHIP PERMANENTLY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED FOR THEIR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN CONFLICT OF INTEREST CONFIRMATION FORM IS REQUIRED TO BE FILED WITH THE ORGANIZATION WHEN AN INDIVIDUAL BECOMES A BOARD MEMBER. ON AN ANNUAL BASIS WITH THE ELECTION OF THE NEW BOARD MEMBERS THE ORGANIZATION REVISITS ALL RELATIONSHIPS WITH OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO ENSURE THAT NO CONFLICTS OF INTEREST AS DEFINED IN THE WRITTEN POLICY EXIST. FORM 990, PART VI, SECTION B, LINE 15A ON AN ANNUAL BASIS, THE ORGANIZATION PROVIDES DOCUMENTATION TO THE OFFICERS/EXECUTIVE COMMITTEE WITH RESPECT TO THE COMPENSATION OF THE ORGANIZATION'S TWO EMPLOYEES FOR REVIEW AND APPROVAL. SUCH INFORMATION INCLUDES COMPARABLE DATA FROM SIMILAR SIZED TAX EXEMPT ORGANIZATIONS IN THE WESTERN NEW YORK COMMUNITY OF SIMILAR SIZE, DEMOGRAPHICS, AND GEOGRAPHY. REVIEW AND APPROVAL OF THE COMPENSATION ARRANGEMENT BY THE OFFICERS/EXECUTIVE COMMITTE IS DOCUMENTED IN THE ORGANIZATIONS PAYROLL RECORDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE BISON SCHOLARSHIP FUND HAS IN PLACE A GOVERNANCE & AUDIT COMMITTEE THAT IS CHARGED WITH ENGAGING, MEETING, EVALUATING AND HIRING OF THE INDEPENDENT AUDITOR. THE COMMITTEE IS ALSO CHARGED WITH DEFINING AND MONITORING THE SCOPE OF THE AUDIT AND REVIEW OF THE FINANCIAL STATEMENTS AMONG OTHER DUTIES.