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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: L Douglas Bailey Ttee
Legal name: Doug & SALLY Bailey Foundation Trust
EIN 82-6805949 · Snapshot of IRS recognition, filing currency, financial health, and governance.
The foundation's primary purpose is to relieve poverty and human distress through providing needy individuals with scholarships to obtain education in the medical field and to take take music lessons. The scholarships provided for education in a medical related career will be granted with the intention that the recipient obtain a college degree and work in the medical field. The recipients that obtain such a degree would then have the skills and knowledge necessary so that they will become financially independent and self-sufficient on a going forward basis. The individuals receiving these scholarships will be encouraged to provide services at not-for-profit hospitals, clinics, and other entities owned and operated by not-for-profit hospitals and other entities during their educational years and thereafter. The foundation will also provide grants for music lessons. These grants will promote the arts and will encourage students to find and develop their musical talent. The students rece
Principal Officer
L Douglas Bailey
Total Revenue
$215K
FY2023
Total Expenses
$206K
FY2023
Net Assets
$1.0M
Program Ratio
—
expenses on programs
Employees
—
Volunteers
—
Board Members
—
Voting
—
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.