2019-11-12T11:47:10-06:00 2019-06-30 043728817 TRONCONI SEGARRA & ASSOCIATES LLP 8321 MAIN STREET WILLIAMSVILLE NY 14221 990 2018-07-01 161477288 THE BISON CHILDREN'S SCHOLARSHIP FUND INC BISO 7168540869 284 DELAWARE AVENUE BUFFALO NY 14202 ANDREW L FORS TREASURER 7168540869 2019-11-11 1 KATHLEEN A GRIECO CPA P00759978 7166331373 2019-11-11 50.75.183.162 2019-11-11 11:04:48 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4D200A3446BA509A67965C60B729E9CB460D978F 2018 2020-04-17 16:48:07Z ANDREW L FORS 284 DELAWARE AVENUE BUFFALO NY 14202 4720317 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. 17 17 4 65 0 0 4302930 3581499 0 0 21165 63904 -1865 -6012 4322230 3639391 2276788 2599429 0 0 185448 199293 0 0 238466 79893 190693 2542129 2989415 1780101 649976 4359439 5124457 4107 78310 4355332 5046147 X THE BISON CHILDREN'S SCHOLARSHIP FUND IS A PRIVATELY FUNDED TUITION ASSISTANCE PROGRAM FOR LOW INCOME CHILDREN (KINDERGARTEN-12TH GRADE) LIVING IN WESTERN NEW YORK. BISON'S GOAL IS TO EQUALIZE EDUCATIONAL OPPORTUNITIES FOR ELEMENTARY STUDENTS BY OFFERING LOW-INCOME FAMILIES EDUCATIONAL OPTIONS NORMALLY DENIED THEM BECAUSE OF COST. IT IS BISON'S GOAL TO ASSIST FAMILIES THROUGH THE FULL NINE YEARS OF GRAMMAR SCHOOL (INCLUDING GRANDFATHERING IN YOUNGER SIBLINGS). 0 0 2681642 2599429 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 25 YEARS, MEMBERS OF OUR COMMUNITY, HAVE HELPED FUND 33,300 SCHOLARSHIPS FOR LOW-INCOME CHILDREN TO ATTEND SCHOOLS OF THEIR CHOICE.BISON IS A PROGRAM THAT WORKS RIGHT NOW, INSTEAD OF NEEDING TO WAIT FOR REFORM AND POLICY CHANGES. BISON IS A PRIME WAY FOR THOUSANDS OF CHILDREN TO HAVE IMMEDIATE ACCESS TO A SAFE, QUALITY, AND VALUES-BASED EDUCATION. BISON IS THE ONLY K-12 SCHOLARSHIP PROGRAM IN WNY, AND THE 5TH LARGEST K-8 PROGRAM NATIONALLY. THANKS TO THE GENEROSITY OF DONORS THROUGHOUT WESTERN NEW YORK AND THE MATCHING GRANT FROM THE CHILDREN'S SCHOLARSHIP FUND (CSF), THE BISON SCHOLARSHIP FUND HAS GROWN FROM HELPING 200 CHILDREN IN 1995 WHEN THE PROGRAM STARTED, TO 1,897 ATTENDING 85 K-12 SCHOOLS ACROSS WNY. BISON IS SUCCESSFUL BECAUSE IT PROVIDES A HAND UP, AND NOT A HANDOUT. OUR PARENTS STRUGGLE TO MAKE ENDS MEET BUT ARE WILLING TO SACRIFICE TO PAY A PORTION OF THEIR CHILD'S TUITION, KNOWING THAT A QUALITY EDUCATION CAN OPEN THE DOOR TO MORE OPPORTUNITIES AND A BETTER TOMORROW. 2681642 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 5 0 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 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 NANCY A NAPLES 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 JAMES J NASH 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 ELIZABETH 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 95422 0 8994 95422 0 8994 0 0 0 0 0 386505 3194994 3581499 41115 41115 1054758 1031969 22789 22789 22789 42945 386505 48957 -6012 -6012 3639391 0 0 57892 2599429 2599429 101266 34103 11606 55557 72988 24580 8365 40043 6021 2047 662 3312 6371 2195 659 3517 12647 5119 1597 5931 7742 7742 26299 2985 12226 11088 6298 5613 685 11043 11043 3816 382 3434 11818 11818 3589 3589 CONSULTING ENDOWMENT 83541 83541 DONOR CULTIVATION 26170 26170 MISCELLANEOUS 10377 5189 5188 2989415 2681642 69307 238466 26704 80972 1175547 661283 2006798 2330273 62055 0 4766 3919 74675 33754 13982 40921 1069587 2007089 4359439 5124457 4107 48985 0 29325 4107 78310 X 1798937 1992288 2556395 3053859 4355332 5046147 4359439 5124457 649976 40839 0 X X 0 1 X 1 0 X 2516996 2453822 2554189 4302930 3581499 15409436 2516996 2453822 2554189 4302930 3581499 15409436 2379922 13029514 11984 14492 12772 21618 41115 101981 15511417 0.84000 0.83550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14053 2294 11759 38132 8970 29162 22490 22490 0 40921 3703518 40839 23288 64127 3639391 0 3639391 3012703 23288 23288 2989415 0 2989415 BISON LUNCHEON 429450 386505 42945 30156 18801 429450 386505 42945 30156 18801 48957 -6012 0 PRIVATELY FUNDED TUITION ASSISTANCE PROGRAM FOR ECONOMICALLY DISADVANTAGED C 1897 2599429 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. FORM 990, 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.