EIN 82-6805949

Doug and Sally Bailey Foundation Trust

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
State
Year formed
2020
Most recent tax filings
2022-11-01
NTEE code, primary
Description
The Doug and Sally Bailey Foundation Trust is a private foundation located in Clearwater, FL that primarily funds for a scholarship program. Its primary purpose is to relieve poverty and human distress by providing scholarships to needy individuals. Grantees of the foundation include Morton Plant Mease Health Care FDN and others. The foundation made two grants last year.
Also known as...
L Douglas Bailey Ttee
Total revenues
$159,151
2022
Total expenses
$195,073
2022
Total assets
$1,052,659
2022
Num. employees
n/a

Program areas at Doug and Sally Bailey Foundation Trust

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

Grants made by Doug and Sally Bailey Foundation Trust

GranteeGrant descriptionAmount
Morton Plant Mease Health Care FoundationFor Scholarship Program$100,000

Personnel at Doug and Sally Bailey Foundation Trust

NameTitleCompensation
Jennifer N MileyTrustee$0

Financials for Doug and Sally Bailey Foundation Trust

RevenuesFYE 11/2022
Total grants, contributions, etc.$0
Investment income and dividends$1
Net rental income$99,077
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$159,151

Form 990s for Doug and Sally Bailey Foundation Trust

Fiscal year endingDate received by IRSFormPDF link
2021-112022-10-17990PFView PDF
2020-112021-05-12990PFView PDF
2018-112019-11-12990PFView PDF
Data update history
June 8, 2023
Updated personnel
Identified 3 new personnel
May 23, 2023
Used new vendors
Identified 1 new vendor, including
September 24, 2020
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
15371 Roosevelt Blvd - Suite 107
Clearwater, FL 33760
Metro area
Tampa-St. Petersburg-Clearwater, FL
Phone
(727) 726-4577
IRS details
EIN
82-6805949
Fiscal year end
November
Taxreturn type
Form 990-PF
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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