First Baptist Church Foundation Of Laurel Inc

Organization Overview

First Baptist Church Foundation Of Laurel Inc is located in Laurel, MS. The organization was established in 1968. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Baptist Church Foundation Of Laurel Inc 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 04/2022, First Baptist Church Foundation Of Laurel Inc generated $163.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $95.0k during the year ending 04/2022. While expenses have increased by 1.3% 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 2018, First Baptist Church Foundation Of Laurel Inc has awarded 20 individual grants totaling $275,100. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE GRANTS TO SCHOOLS FOR SCHOLARSHIPS FOR VARIOUS MINISTERIAL STUDENTS AND OTHER CHRISTIAN CAUSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE GRANTS TO SCHOOLS FOR SCHOLARSHIPS FOR VARIOUS MINISTERIAL STUDENTS AND OTHER CHRISTIAN CAUSES


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

Board, Officers & Key Employees

Name (title)Compensation
Nancy Billingsley
Sec/treasurer
$0
Stone Thames
Vice President
$0
Danita Horne
President
$0
Stephanie Harris
Trustee
$0
Chrissy Leggett
Trustee
$0
Stan Pickering
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$9,645
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,645
Total Program Service Revenue$0
Investment income $37,308
Tax Exempt Bond Proceeds $0
Royalties $2,396
Net Rental Income $0
Net Gain/Loss on Asset Sales $114,481
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $163,830

Grants Awarded

Over the last fiscal year, First Baptist Church Foundation Of Laurel Inc has awarded $73,250 in support to 5 organizations.

Grant RecipientAmount

NEW ORLEANS BAPTIST THEOLOGIC

Org PageRecipient Profile

New Orleans, LA

PURPOSE: SCHOLARSHIPS

$27,000

WILLIAM CAREY UNIVERSITY

Org PageRecipient Profile

Hattiesburg, MS

PURPOSE: SCHOLARSHIPS

$24,500

SOUTHERN BAPTIST THEOLOGICAL

PURPOSE: SCHOLARSHIPS

$8,250

SOUTHEASTERN BAPTIST COLLEGE

PURPOSE: SCHOLARSHIPS

$7,500

BLUE MOUNTAIN COLLEGE

Org PageRecipient Profile

Blue Mountain, MS

PURPOSE: SCHOLARSHIPS

$6,000
View Grant Profile

Create an account to unlock the data you need.

or