M S Doss Foundation Inc

The information for M S Doss Foundation Inc is as of the organization's most recent filing in December '21. This organization is located in Seminole, TX. It has been in existence for 37 years, following its founding in 1984.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The M S Doss Foundation Inc's NTEE code is T20. The "T" indicates that the organization is classified under Philanthropy, Voluntarism & Grantmaking Foundations. The "20" signifies that it is a Private Grantmaking Foundation. As a Private Grantmaking Foundation, the M S Doss Foundation Inc is a nongovernmental, nonprofit organization with funds and programs managed by its own trustees or directors. It is established to maintain or aid social, educational, religious, or other charitable activities serving the common welfare, primarily through grantmaking. Additionally, the organization is governed by Section Code 3, which encompasses Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.

Program Areas

Program Area 1: The Chapel program area is dedicated to providing services and facilities for the benefit of the people of Gaines County, Texas. It offers a wide range of activities such as community concerts, church seminars, choir programs, funerals, weddings, and Christmas programs. However, political meetings or political-related activities are not permitted. In 2021, approximately 525 people utilized this facility, generating no income. The program area incurred indirect administrative expenses totaling $22,336.

Program Area 2: The foundation funds scholarships to certain needy students, ensuring that all guidelines outlined in the application and IRS determination letter are met. A total of 11 students received scholarship funds, which were directly funded to the colleges and universities. Additionally, there were indirect administrative expenses amounting to $20,083.

Program Area 3: The foundation provides facilities for Boy Scout and Girl Scout troops in Seminole, Texas, including a building with meeting places and a large storage for scouting equipment. The program serves approximately 35 scouts and incurs indirect administrative expenses amounting to $11,621. This program area is not specifically reported by another fund or program within the general fund.

Program Area 4: The Doss Museum is a museum that houses the M.S. Doss Foundation collections of cruets, steins, silver spoons, and various ranch items. The Women's Club of Seminole, a 501(c)(3) organization, oversees and hosts visitors through the museum for public viewing and enjoyment of the collections. Approximately 120 people tour this facility annually. Within the general fund, the organization reports all revenues, support, and functional expenses not specifically reported by another fund or program. Indirect administrative expenses for this program area total $11,621.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $764,544
Net Rental Income$0
Net Gain on Sale of Assets $2,640
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,306,993
Total Revenue $3,074,177

Create an account to unlock the data you need.

or