Masters Foundation Inc

Gave $720K in 2024

Frisco, Texas · EIN 75-2883327 · Private foundation

Grants paid (2024)$720K

Organizations funded1

Typical grant$720,000

Total assets$6M

Half of its grants to organizations were between $720,000 and $720,000.

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From the return

How to apply

The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):

Contact	Charles Loper Jr
Address	5620 Fairfax Drive, Frisco TX 75034
Phone	(214) 472-5000
Form and materials	N a
Deadlines	No Specific Deadline
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.

Wording as filed; text the foundation typed in capitals is shown in normal case. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.

What it funds

Share of grant lines on the latest return, classified from the purpose each grant states.

Faith-Based1
Food Assistance1
Human Services1

Where it gives

0% of grants went outside Texas.

Texas1

Where it gives most, by cause

Its largest causes in a single state on the latest return. Each page shows the leading foundations that fund the same cause there, with their largest grants.

Grants paid in tax year 2024

Recipient	Location	Purpose	Amount
The Master Cares Foundation Inc	Frisco, TX	THE MASTER CARES FOUNDATION The Master Cares Foundation seeks to provide the basic necessities of life for those in need in and around…	$720,000

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Giving by year

Tax year	Grants paid	Grant lines
2024	$720,000	1
2023	$786,700	2

Sources

IRS Form 990-PF, tax year 2024, filed Oct 27, 2025 - IRS e-file batch, object ID 202503019349100135
IRS Tax Exempt Organization Search for EIN 75-2883327
Profile updated Nov 12, 2026

Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.