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Doug & Sally Bailey Foundation Trust is a private trust based in CLEARWATER, FL. The foundation received its IRS ruling in 2020. It holds total assets of $1M. Annual income is reported at $215K. THE FOUNDATION'S PRIMARY PURPOSE IS TO RELIEVE POVERTY AND HUMAN DISTRESS THROUGH PROVIDING NEEDY INDIVIDUALS WITH SCHOLARSHIPS TO OBTAIN EDUCATION IN THE MEDICAL FIELD AND TO TAKE TAKE MUSIC LESSONS. THE SCHOLARSHIPS PROVIDED FOR EDUCATION IN A MEDICAL RELATED CAREER WILL BE GRANTED WITH THE INTENTION THAT THE RECIPIENT OBTAIN A COLLEGE DEGREE AND WORK IN THE MEDICAL FIELD. THE RECIPIENTS THAT OBTAIN SUCH A DEGREE WOULD THEN HAVE THE SKILLS AND KNOWLEDGE NECESSARY SO THAT THEY WILL BECOME FINANCIALLY INDEPENDENT AND SELF-SUFFICIENT ON A GOING FORWARD BASIS. THE INDIVIDUALS RECEIVING THESE SCHOLARSHIPS WILL BE ENCOURAGED TO PROVIDE SERVICES AT NOT-FOR-PROFIT HOSPITALS, CLINICS, AND OTHER ENTITIES OWNED AND OPERATED BY NOT-FOR-PROFIT HOSPITALS AND OTHER ENTITIES DURING THEIR EDUCATIONAL YEARS AND THEREAFTER. THE FOUNDATION WILL ALSO PROVIDE GRANTS FOR MUSIC LESSONS. THESE GRANTS WILL PROMOTE THE ARTS AND WILL ENCOURAGE STUDENTS TO FIND AND DEVELOP THEIR MUSICAL TALENT. THE STUDENTS RECE. According to available records, Doug & Sally Bailey Foundation Trust has made 6 grants totaling $405K, with a median grant of $68K. The foundation has distributed between $135K and $135K annually from 2021 to 2023. Individual grants have ranged from $35K to $100K, with an average award of $68K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
THE FOUNDATION'S PRIMARY PURPOSE IS TO RELIEVE POVERTY AND HUMAN DISTRESS THROUGH PROVIDING NEEDY INDIVIDUALS WITH SCHOLARSHIPS TO OBTAIN EDUCATION IN THE MEDICAL FIELD AND TO TAKE TAKE MUSIC LESSONS. THE SCHOLARSHIPS PROVIDED FOR EDUCATION IN A MEDICAL RELATED CAREER WILL BE GRANTED WITH THE INTENTION THAT THE RECIPIENT OBTAIN A COLLEGE DEGREE AND WORK IN THE MEDICAL FIELD. THE RECIPIENTS THAT OBTAIN SUCH A DEGREE WOULD THEN HAVE THE SKILLS AND KNOWLEDGE NECESSARY SO THAT THEY WILL BECOME FINANCIALLY INDEPENDENT AND SELF-SUFFICIENT ON A GOING FORWARD BASIS. THE INDIVIDUALS RECEIVING THESE SCHOLARSHIPS WILL BE ENCOURAGED TO PROVIDE SERVICES AT NOT-FOR-PROFIT HOSPITALS, CLINICS, AND OTHER ENTITIES OWNED AND OPERATED BY NOT-FOR-PROFIT HOSPITALS AND OTHER ENTITIES DURING THEIR EDUCATIONAL YEARS AND THEREAFTER. THE FOUNDATION WILL ALSO PROVIDE GRANTS FOR MUSIC LESSONS. THESE GRANTS WILL PROMOTE THE ARTS AND WILL ENCOURAGE STUDENTS TO FIND AND DEVELOP THEIR MUSICAL TALENT. THE STUDENTS RECE
Expenses: $135K
THE FOUNDATION'S PRIMARY PURPOSE IS TO RELIEVE POVERTY AND HUMAN DISTRESS THROUGH PROVIDING NEEDY INDIVIDUALS WITH SCHOLARSHIPS TO OBTAIN EDUCATION IN THE MEDICAL FIELD AND TO TAKE TAKE MUSIC LESSONS. THE SCHOLARSHIPS PROVIDED FOR EDUCATION IN A MEDICAL RELATED CAREER WILL BE GRANTED WITH THE INTENTION THAT THE RECIPIENT OBTAIN A COLLEGE DEGREE AND WORK IN THE MEDICAL FIELD. THE RECIPIENTS THAT OBTAIN SUCH A DEGREE WOULD THEN HAVE THE SKILLS AND KNOWLEDGE NECESSARY SO THAT THEY WILL BECOME FINANCIALLY INDEPENDENT AND SELF-SUFFICIENT ON A GOING FORWARD BASIS. THE INDIVIDUALS RECEIVING THESE SCHOLARSHIPS WILL BE ENCOURAGED TO PROVIDE SERVICES AT NOT-FOR-PROFIT HOSPITALS, CLINICS, AND OTHER ENTITIES OWNED AND OPERATED BY NOT-FOR-PROFIT HOSPITALS AND OTHER ENTITIES DURING THEIR EDUCATIONAL YEARS AND THEREAFTER. THE FOUNDATION WILL ALSO PROVIDE GRANTS FOR MUSIC LESSONS. THESE GRANTS WILL PROMOTE THE ARTS AND WILL ENCOURAGE STUDENTS TO FIND AND DEVELOP THEIR MUSICAL TALENT. THE STUDENTS RECE. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in FL.
Doug & Sally Bailey Foundation Trust has distributed a total of $405K across 6 grants. The median grant size is $68K, with an average of $68K. Individual grants have ranged from $35K to $100K.
Doug & Sally Bailey Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Doug & Sally Bailey Foundation Trust is headquartered in CLEARWATER, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| L Douglas Bailey | CO-TRUSTEE | $0 | $0 | $0 |
| Sally L Bailey | CO-TRUSTEE | $0 | $0 | $0 |
| Jennifer N Miley | CO-TRUSTEE | $0 | $0 | $0 |
Total Giving
$208K
Total Assets
$1M
Fair Market Value
$1.4M
Net Worth
$1M
Grants Paid
$135K
Contributions
$24K
Net Investment Income
$96K
Distribution Amount
$0
Total Grants
6
Total Giving
$405K
Average Grant
$68K
Median Grant
$68K
Unique Recipients
2
Most Common Grant
$35K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Morton Plant Mease Health Care FdnFOR SCHOLARSHIP PROGRAM | Clearwater, FL | $100K | 2023 |
| Ruth Eckerd Hall FoundationFOR SCHOLARSHIP PROGRAM | Clearwater, FL | $35K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
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