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Masters Foundation Inc. is a private corporation based in FRISCO, TX. The foundation received its IRS ruling in 2009. The principal officer is % Charles Loper Jr. It holds total assets of $6M. Annual income is reported at $2.1M. THE MASTER CARES FOUNDATION INC. According to available records, Masters Foundation Inc. has made 2 grants totaling $787K, with a median grant of $393K. Individual grants have ranged from $2K to $785K, with an average award of $393K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
THE MASTER CARES FOUNDATION INC
Expenses: $785K
CARTER MORRIS MINISTRIES
Expenses: $2K
THE MASTER CARES FOUNDATION INC. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in TX.
Masters Foundation Inc. has distributed a total of $787K across 2 grants. The median grant size is $393K, with an average of $393K. Individual grants have ranged from $2K to $785K.
The application deadline is NO SPECIFIC DEADLINE. REQUESTS FOR FUNDS SHOULD INCLUDE: 1 LEGAL NAME OF ORGANIZATION ADDRESS CONTACT NAME TELEPHONE FAX AND EMAIL ADDRESS IF AVAILABLE; 2 BACKGROUND AND HISTORY OF ORGANIZATION; 3 LISTING OF OFFICERS AND BOARD OF DIRECTORS; 4 AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION; 5 LEGAL FORM AND EXEMPTION STATUS; AND 6 DETAILS OF USE FOR REQUESTED FUNDS.
Masters Foundation Inc. is headquartered in FRISCO, TX.
| Year | Return Type | |
|---|---|---|
| 2023 | 990PF | View |
Total Giving
$1.9M
Total Assets
$6M
Fair Market Value
$6M
Net Worth
$4.2M
Grants Paid
$787K
Contributions
$380K
Net Investment Income
$20K
Distribution Amount
$78K
Total Grants
2
Total Giving
$787K
Average Grant
$393K
Median Grant
$393K
Unique Recipients
2
Most Common Grant
$2K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Master Cares Foundation IncTHE MASTER CARES FOUNDATION The Master Cares Foundation seeks to provide the basic necessities of life for those in need in and around Celina Texas. The Master Cares Foundation is strategically focused on caring for the whole person through efforts that include food assistance eye care clothing provisions and Spiritual Development. Whether through a box of food an article of clothing or a simple conversation the ministry strives to build relationships that will lead people to transforming encoun | Frisco, TX | $785K | 2023 |
| Carter Morris MinistriesCarter Morris Ministries serves in the capacities of pastor missionary and corporate chaplain at four different companies in the North Dallas Area. He is an effective communicator of Gods Word and loves to serve people as well as help individuals by engaging them with opportunities to serve others. | Celina, TX | $2K | 2023 |
ATLANTA, GA
DUBLIN, GA
CPE GIRARDEAU, MO
OVERLAND PARK, KS
HOUSTON, TX
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