Buffalo 2020 Development Corporation

BUFFALO, NY EIN: 27-0980233

Buffalo 2020 Development Corporation is a private foundation focused on Education, based in BUFFALO, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.6M in total assets. In 2025, it awarded 1 grants totaling $365K. Net investment income was $424K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$7.6M

+0.8% YoY

Annual Giving

$365K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$365K

+0.0% YoY

Under IRS private-foundation payout rules, Buffalo 2020 Development Corporation reported a distributable amount of $364K for 2025 — the minimum it must pay out in qualifying distributions.

About Buffalo 2020 Development Corporation

Based on IRS filings

Buffalo 2020 Development Corporation is a private foundation focused on Education, based in BUFFALO, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.6M in total assets. In 2025, it awarded 1 grants totaling $365K. Net investment income was $424K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BufaloBuffalo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$239K$477K$716K$954K20212022202320242025
Metric202520242023
Total Assets$7,574,293$7,515,353$7,422,253
Revenue$474,976$492,575$414,337
Expenses$416,036$399,475$399,183
Qualifying Distributions$365,270$365,210$370,159
Net Investment Income$424,210$458,310$385,313
Distributable Amount$363,848$365,270$365,210

Giving Over Time

Total grant dollars and number of grants per year

$0$208K$417K$625K$833K2 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Buffalo 2020 Development…$365K

Grant Size Distribution

6 grants across all recorded years

<$50K$50–100K$100–250K6$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Buffalo 2020 Development Corporatio ($365,270).

RecipientPurposeAmount
Buffalo 2020 Development Corporatio Bufalo, NYcontribution$365,270

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Dr Venu GovindarajuPresident0.5
Robert HaelenDirector0.5
Satish TripathiDirector0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Buffalo 2020 Development Corporation?

Buffalo 2020 Development Corporation is a private foundation focused on Education, based in BUFFALO, NY. It holds $7.6M in total assets as of 2025.

How large is Buffalo 2020 Development Corporation?

As of 2025, Buffalo 2020 Development Corporation holds $7.6M in total assets with $475K in annual revenue. It awarded 1 grants totaling $365K in 2025.

Where does Buffalo 2020 Development Corporation operate?

Buffalo 2020 Development Corporation has awarded grants in New York.

What size grants does Buffalo 2020 Development Corporation award?

In 2025, Buffalo 2020 Development Corporation awarded 1 grants totaling $365K — an average of about $365K per grant, based on its IRS Form 990 filings.

How much is Buffalo 2020 Development Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Buffalo 2020 Development Corporation reported a distributable amount of $364K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Buffalo 2020 Development Corporation's EIN?

Buffalo 2020 Development Corporation's EIN (Employer Identification Number) is 27-0980233. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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