Msgr Oscar E Gales Foundation

Organization Overview

Msgr Oscar E Gales Foundation is located in Garland, TX. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Msgr Oscar E Gales Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Msgr Oscar E Gales Foundation generated $46.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $46.9k during the year ending 12/2022. While expenses have increased by 15.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOLY TRINITY CATHOLIC CHURCH IN BITAOYAN BADIANGAN ILOILO PHILIPPINES *EXPENSES WERE MAINLY FOR THE CONSTRUCTION OF THE CHURCH BUILDING WHICH INCLUDES PROCUREMENT OF SUPPLIES EQUIPMENT CHAIRS PEWS ETC.


ST. JOSEPH REGIONAL SEMINARY IN ST. JOSEPH VILLAGE JARO ILOILO CITY PHILIPPINES *EXPENSES WERE FOR THE TUITION FEE AND PRIESTLY EDUCATIONAL EXPENSES OF 1 INDIVIDUAL


CICM MARYHILL SCHOOL OF THEOLOGY NEW MANILA QUEZON CITY PHILIPPINES PRIESTLY TUITION FEES AND EDUCATIONAL BOOKS AND TOOLS EXPENSE.


CINDI MARIE ESPIRITU INDIGENT NURSING STUDENT ASSISTANCE CENTRAL PHILIPPINES UNIVERSITY JARO ILOILO PHILIPPINES. TUITION FEES AND BOOKS EXPENSES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $43,623
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $3,298
Total Revenue $46,921

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