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Nonprofit · EIN 20-4450548

BUFFALO SCHOLARSHIPS FOUNDATION INC

Also known as RANDY MCDANIEL TTEE

Tax-exempt · MIDDLETON, FL 34762

Financials

$861K$597K2023$839K$646K2024
Revenue Expenses · by fiscal year end
Financials of BUFFALO SCHOLARSHIPS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$838,853$646,360$192,493$6,073,230$32,593$6,040,637
December 31, 2023990$861,370$596,508$264,862$5,612,836$0$5,612,836
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$323,662
Program service revenue
$0
Investment income
$283,479
Net gain from sales of assets
$105,686
Net income from fundraising events
$223,787
Net income from gaming
$7,925
Other revenue
$231,712

Expenses

Grants and similar amounts paid
$603,623
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,750
Program services (functional)
$603,623
Management and general (functional)
$42,737

Balance sheet and other

Total assets, start of year
$5,612,836
Total assets, end of year
$6,073,230
Total liabilities, end of year
$32,593
Net assets, end of year
$6,040,637
Publicly traded securities
$5,225,398
Net assets without donor restrictions
$4,760,308
Net assets with donor restrictions
$1,280,329
Gross receipts
$2,011,645
Employees
0
Volunteers
200
Year formed
2006
State of legal domicile
FL

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GARY FRIGIOLASECRETARY
Trustee or director, Officer
1$0
ERICK LANGENBRUNNERPRESIDENT
Trustee or director, Officer
1$0
DEVON L WIECHENSVICE CHAIR
Trustee or director, Officer
1$0
JENNIFER CHANDLERTREASURER
Trustee or director, Officer
1$0
MARY MARKWARDV.P.
Trustee or director, Officer
1$0
DR RANDY MCDANIELCHAIRMAN
Officer
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JENNIFER CHANDLERTREASURER
Trustee or director, Officer
1$0
GARY FRIGIOLASECRETARY BE
Trustee or director, Officer
1$0
DIANE P GILPINSECRETARY TH
Trustee or director, Officer
1$0
ERICK LANGENBRUNNERPRESIDENT
Trustee or director, Officer
1$0
MARY MARKWARDV.P.
Trustee or director, Officer
1$0
DEVON L WIECHENSVICE CHAIR
Trustee or director, Officer
1$0
DR RANDY MCDANIELCHAIRMAN
Officer
1$0

Address and contacts

Address (IRS master file)
2210 DR RANDY MCDANIEL WAY, MIDDLETON, FL 34762-6774
In care of
% RANDY MCDANIEL
Principal officer (990 for 2024)
DR RANDY MCDANIEL, 2210 DR RANDY MCDANIEL WAY, MIDDLETON, FL 34762
Signed the 990
DR RANDY MCDANIEL, CHAIRMAN
Phone
(352) 259-2350
Return prepared by
PURVIS GRAY & COMPANY LLP

Mission

PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF EDUCATIONAL SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • AWARDED EDUCATIONAL SCHOLARSHIPS TO 252 HIGH SCHOOL GRADUATES TOTALING $603,623 FOR ATTENDANCE AT AN APPROVED AND ACCREDITED POST-SECONDARY SCHOOL.
    Expenses $603,623 · grants $603,623

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4450548
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$6,073,230
Income (IRS master file)
$2,011,645

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$838,853$646,360$6,073,230XML
990December 2023$861,370$596,508$5,612,836XML
990December 2022$1,534,440$261,377$4,932,268IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 20-4450548).

Questions about BUFFALO SCHOLARSHIPS FOUNDATION INC

What is the EIN of BUFFALO SCHOLARSHIPS FOUNDATION INC?
The employer identification number (EIN) of BUFFALO SCHOLARSHIPS FOUNDATION INC is 20-4450548.
Is BUFFALO SCHOLARSHIPS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to BUFFALO SCHOLARSHIPS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUFFALO SCHOLARSHIPS FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUFFALO SCHOLARSHIPS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUFFALO SCHOLARSHIPS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BUFFALO SCHOLARSHIPS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DR RANDY MCDANIEL.
Who are the officers and directors of BUFFALO SCHOLARSHIPS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does BUFFALO SCHOLARSHIPS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $838,853, expenses of $646,360 and total assets of $6,073,230 at year end.

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