Funder DirectoryMASTERS FOUNDATION INC
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Private foundation (trust)EIN 752883327Est. 2009-09

MASTERS FOUNDATION INC

FRISCO, TX 750346835

Accepts unsolicited proposals

Total Assets

$6.0M

FY 2024

Annual Giving

$720K

FY 2024

Grants Made

1

FY 2024

Avg Grant

$720K

FY 2024

Grant Range

$720K–$720K

Typical

Deadlines

No Specific Deadline

Applications

Programs & Activities

Program 1

$720K

The Master Cares Foundation Inc provides a wide range of essential services to underserved communities including food assistance educational programs and healthcare support. Through partnerships with local organizations we distribute meals to families in need offer tutoring and mentorship programs for students and facilitate access to medical care for those without insurance. Our mission is to address the immediate needs of individuals and families while also empowering them to build a more secure and prosperous future.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$2.1M

Total Expenses

$1.7M

Qualifying Distributions

$720K

Distributable Amount

$285K

Min. Investment Return

$285K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2023 to 2024. Peak $787K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

3 grants

THE MASTER CARES FOUNDATION INC
$1.5M
2 grants
CARTER MORRIS MINISTRIES
$2K
1 grant

Grant Size Distribution

3 grants

<$10K
1
grants
$10–50K
$50–250K
$250K–1M
2
grants
$1–5M
$5M+

Geographic Focus

1 states

Texas
$1.5M
100% of total

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