Buffalo 2020 Development Corporation
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 grant totaling $365K. Net investment income was $424K.
Key facts about Buffalo 2020 Development Corporation
In short: Buffalo 2020 Development Corporation gave $365K across 1 grant in 2025 (avg $365K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 27-0980233
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $365,270
- Grants made (2025)
- 1
- Average grant
- $365,270
- Median grant
- $365,270
- Total assets
- $7,574,293
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
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.
How Buffalo 2020 Development Corporation gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $365K (2024) to $833K (2021). In 2025 it made 1 grant totaling $365K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Buffalo 2020 Development Corporatio ($365K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $250–500K range: 6 grants of 6 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Buffalo 2020 Development Corporatio Bufalo, NY | contribution | $365,270 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 16, 2021)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Buffalo 2020 Development Corporation is led by Venu Govindaraju, President since 2022 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Venu Govindaraju
President
Chairman → President, 2022
On filings since 2021
0.5 hrs/week
No compensation reported
Robert Haelen
Director
Vice Chair → Director, 2022
On filings since 2021
0.5 hrs/week
No compensation reported
Satish Tripathi
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Matt Mroz (2021–2023) — Director
- Former: Michael Cain (2021) — President
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Buffalo 2020 Development Corporation
How much does Buffalo 2020 Development Corporation give each year?
Buffalo 2020 Development Corporation gave $365K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $365K across 1 grant.
How large is Buffalo 2020 Development Corporation?
Buffalo 2020 Development Corporation reported $7.6M in total assets on its 2025 IRS Form 990-PF. It paid out $365K in qualifying distributions that year, against a required minimum of $364K (roughly 5% of its investment assets).
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.
Where does Buffalo 2020 Development Corporation operate?
Buffalo 2020 Development Corporation has awarded grants in New York.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Buffalo 2020 Development Corporation by hand.
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