Nonprofit · EIN 23-7678037
ALBERT D HERMANCE SCHOLARSHIP TR
Tax-exempt · BUFFALO, NY 14240
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $132,524 | $85,793 | $46,731 | $1,240,586 | $0 | $1,240,586 |
| December 31, 2024 | 990-PF | $86,459 | $82,661 | $3,798 | $1,192,703 | $0 | $1,192,703 |
| December 31, 2023 | 990-PF | $51,601 | $95,777 | -$44,176 | $1,182,587 | $0 | $1,182,587 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $36,085
- Net gain from sales of assets
- $96,439
Expenses
- Grants and similar amounts paid
- $63,000
- Compensation of officers, directors and key employees
- $18,350
- Disbursements for charitable purposes
- $64,500
- Excise tax on investment income
- $1,579
Balance sheet and other
- Total assets, start of year
- $1,192,703
- Total assets, end of year
- $1,240,586
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,240,586
- Fair market value of assets
- $1,384,179
- Qualifying distributions
- $64,500
- Net investment income
- $132,524
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M T TRUST COMPANY PO BOX 1504, BUFFALO, NY 14240 | TRUSTEE | 1 | $18,350 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M&T TRUST CO PO BOX 1504, BUFFALO, NY 14240 | TRUSTEE | 1 | $17,580 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M AND T TRUST CO 626 COMMERCE DRIVE 3rd Floor, AMHERST, NY 14202 | TRUSTEE | 1 | $16,300 |
Address and contacts
- Address (IRS master file)
- PO BOX 1504, BUFFALO, NY 14240-1504
- In care of
- % M & T BANK
- Signed the 990-PF
- MANUFACTURERS TRADERS TRUST CO, SVP
- Phone
- (570) 327-2992
- Return prepared by
- ERNST & YOUNG US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-7678037
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,240,586
- Income (IRS master file)
- $310,598
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $132,524 | $85,793 | $1,240,586 | IRS |
| 990-PF | December 2024 | $86,459 | $82,661 | $1,192,703 | IRS |
| 990-PF | December 2023 | $51,601 | $95,777 | $1,182,587 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7678037).
Questions about ALBERT D HERMANCE SCHOLARSHIP TR
- What is the EIN of ALBERT D HERMANCE SCHOLARSHIP TR?
- The employer identification number (EIN) of ALBERT D HERMANCE SCHOLARSHIP TR is 23-7678037.
- Is ALBERT D HERMANCE SCHOLARSHIP TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to ALBERT D HERMANCE SCHOLARSHIP TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ALBERT D HERMANCE SCHOLARSHIP TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ALBERT D HERMANCE SCHOLARSHIP TR due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALBERT D HERMANCE SCHOLARSHIP TR last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of ALBERT D HERMANCE SCHOLARSHIP TR?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $18,350 (M T TRUST COMPANY, TRUSTEE).
- How much revenue does ALBERT D HERMANCE SCHOLARSHIP TR have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $132,524, expenses of $85,793 and total assets of $1,240,586 at year end.
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