Masters Foundation Inc
Accepts applications
Masters Foundation Inc is a private foundation in Frisco, Texas. In tax year 2024 it gave $720,000 in 1 grant; the typical grant was $720,000 and the largest $720,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$720,000
- Number of grants1
- Typical grant$720,000
- Largest grant$720,000
- Assets$6.0 million
- New grantees0%
Giving in 2024 was down from $786,700 the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $786,700 | 2 | $6.0 million |
| 2024 | $720,000 | 1 | $6.0 million |
How to apply
| Contact | Charles Loper Jr 5620 Fairfax Drive, Frisco, TX 75034 |
|---|---|
| Phone or email | (214) 472-5000 |
| Restrictions | Request for funds should include: 1 Legal name of organization addess 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. |
Foundation website IRS filings on ProPublica
What Masters Foundation Inc funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 1 | $720,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Master Cares Foundation Inc | THE 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 encounters with Christ. | $720,000 |
Officers and trustees
- Charles Loper Jr
- Carol Loper
- Charles Loper III
- James Bradshaw
Questions people ask
Does Masters Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Masters Foundation Inc give?
$720,000 in tax year 2024, across 1 grant, with a typical grant of $720,000.
Who runs Masters Foundation Inc?
Its 2024 filing lists Charles Loper Jr (Chairman), Carol Loper (Board Member), Charles Loper III (Co-Chairman) and James Bradshaw (Co-Chairman).
What does Masters Foundation Inc fund?
Based on its grants, mainly faith communities and food and hunger.