The Fund For Theological Education Inc

Organization Overview

The Fund For Theological Education Inc, operating under the name Forum For Theological Exploration, is located in Decatur, GA. The organization was established in 1956. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Forum For Theological Exploration employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forum For Theological Exploration 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 12/2021, Forum For Theological Exploration generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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.

Since 2015, Forum For Theological Exploration has awarded 288 individual grants totaling $3,804,466. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FUND FOR THEOLOGICAL EDUCATION (FTE) CULTIVATES DIVERSE, YOUNG ADULTS TO BE FAITHFUL, WISE AND COURAGEOUS LEADERS FOR THE CHURCH AND ACADEMY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CULTIVATING CHRISTIAN LEADERS PROVIDES SUPPORT TO SEVERAL GROUPS OF CANDIDATES EXPLORING AND PREPARING FOR VOCATIONS IN CHRISTIAN MINISTRY. FELLOWS PARTICIPATED IN DISCERNMENT EVENTS AND NETWORKS OF SUPPORT AND WERE GIVEN OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT.


STRATEGIC PARTNERS CULTIVATING CHRISTIAN LEADERS EQUIPS AND STRENGTHENS DIVERSE NETWORKS OF LEADERS OF CONGREGATIONS AND CHURCHRELATED ORGANIZATIONS TO IDENTIFY AND INSPIRE YOUNG ADULTS TO EXPLORE AND PURSUE A CALL TO MINISTRY AND TEACHING BY OFFERING GRANTS, CONFERENCES, LEADERSHIP DEVELOPMENT OPPORTUNITIES AND A COMMUNITY OF SUPPORT.


THE HIGH SCHOOL YOUTH THEOLOGY INSTITUTES OFFER SPACES FOR YOUNG PEOPLE TO EXPLORE QUESTIONS ABOUT THEIR FAITH, PURPOSE, AND CALL TO MINISTRY IN THE WORLD. THE INSTITUTES WITHIN THIS INITIATIVE WORK WITH COLLEGES AND UNIVERSITIES, CONGREGATIONS, DENOMINATIONAL OFFICES, SERVICES AGENCIES, AND YOUTH MINISTRY ORGANIZATIONS TO IDENTIFY, IGNITE, AND CULTIVATE THE GIFTS OF FUTURE CHRISTIAN LEADERS WHO WILL IMPACT OUR COMMUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Donald Stephen Lewis Jr
President
$168,271
Paul Bois
VP Of Adminstration
$144,735
Matt Bloom
Trustee
$0
Dr Frank Yamada
Trustee
$0
Dr Elizabeth Condefrazier
Trustee
$0
Ernest Brooks III
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,328,084
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,328,084
Total Program Service Revenue$0
Investment income $775,160
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,677,483
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,780,727

Grants Awarded

Over the last fiscal year, The Fund For Theological Education Inc has awarded $531,000 in support to 36 organizations.

Grant RecipientAmount

TRINITY EPISCOPAL CATHEDRAL - PHOENIX

PURPOSE: 2021 PASTORAL INTERNSHIP GRANTS

$20,000

SOJOURN COLLEGIATE MINISTRY

PURPOSE: 2021 PASTORAL INTERNSHIP GRANTS

$20,000

VALLEY AND MOUNTAIN UMC

PURPOSE: 2021 PASTORAL INTERNSHIP GRANTS

$20,000

NEW COMMUNITY COVENANT CHURCH

PURPOSE: 2021 PASTORAL INTERNSHIP GRANTS

$20,000

FIRST BAPTIST CHURCH CAPITOL HILL

PURPOSE: 2021 PASTORAL INTERNSHIP GRANTS

$20,000

DUNELAND COMMUNITY CHURCH OF THE NAZARENE

PURPOSE: 2021 PASTORAL INTERNSHIP GRANTS

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Fund For Theological Education Inc has recieved totaling $6,300,000.

Awarding OrganizationAmount
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: SUPPORT FOR FTE PROGRAMS

$6,300,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$30,189,604
Earnings$2,552,677
Admin Expense$100,373
Net Contributions$6,328,084
Other Expense$4,059,853
Grants$1,053,844
Ending Balance$33,856,295

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