The Master's Foundation Inc

BUFFALO, MO EIN: 27-2783262

The Master's Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $246K in total assets. In 2024, it awarded 4 grants totaling $130K. Net investment income was $792.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$246K

+9.6% YoY

Annual Giving

$130K

-58.2% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$33K

-47.7% YoY

Under IRS private-foundation payout rules, The Master's Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About The Master's Foundation Inc

Based on IRS filings

The Master's Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $246K in total assets. In 2024, it awarded 4 grants totaling $130K. Net investment income was $792.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

ChicagoDanvilleGreenvilleHoustonMarshfieldOklahoma CityPiedmontReeds SpringSeymour

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$107K$214K$322K$429K20202021202220232024
Metric202420232022
Total Assets$246,441$224,799$116,466
Revenue$135,647$389,822$26,710
Expenses$158,158$328,869$150,899
Qualifying Distributions$130,288$311,469$149,600
Net Investment Income$792$722$685
Distributable Amount$12,717$11,214$8,930

Giving Over Time

Total grant dollars and number of grants per year

$0$78K$156K$234K$311K6 grants20205 grants20216 grants20225 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

BOB JONES UNIVERSITY$70KPACIFIC GARDEN MISSION$25KFREEDOM THAT LASTS$25KCENTRAL MISSIONARY CLEAR…$10K

Grant Size Distribution

26 grants across all recorded years

21<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bob Jones University ($70,288), Pacific Garden Mission ($25,000), Freedom That Lasts ($25,000).

RecipientPurposeAmount
BOB JONES UNIVERSITY GREENVILLE, SCSUPPORT$70,288
CENTRAL MISSIONARY CLEARINGHOUSE HOUSTON, TXSUPPORT$10,000
PACIFIC GARDEN MISSION CHICAGO, ILMISSION SUPPORT$25,000
FREEDOM THAT LASTS PIEDMONT, SCSUPPORT$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GARY J THOMPSONPRESIDENT10
VALERIE J THOMPSONSEC-TREASURE10
DOROTHY J DAVISVICE PRESIDE10

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Master's Foundation Inc?

The Master's Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO, MO. It holds $246K in total assets as of 2024.

How large is The Master's Foundation Inc?

As of 2024, The Master's Foundation Inc holds $246K in total assets with $136K in annual revenue. It awarded 4 grants totaling $130K in 2024.

Where does The Master's Foundation Inc operate?

The Master's Foundation Inc has awarded grants in Illinois, Missouri, Ohio, Oklahoma, South Carolina, Texas.

What size grants does The Master's Foundation Inc award?

In 2024, The Master's Foundation Inc awarded 4 grants totaling $130K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is The Master's Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Master's Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Master's Foundation Inc's EIN?

The Master's Foundation Inc's EIN (Employer Identification Number) is 27-2783262. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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