First United Methodist Church Of Waco Foundation

Organization Overview

First United Methodist Church Of Waco Foundation is located in Waco, TX. The organization was established in 1986. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First United Methodist Church Of Waco 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 12/2021, First United Methodist Church Of Waco Foundation generated $279.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $289.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FIRST UNITED METHODIST CHURCH FOUNDATION PROVIDES SCHOLARSHIPS TO METHODIST SEMINARY STUDENTS AS WELL AS PROVIDING FUNDS FOR CAPITAL IMPROVEMENTS TO FIRST UNITED METHODIST CHURCH OF WACO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SCHOLARSHIPS TO METHODIST SEMINARY STUDENTS


ASSIST FIRST UNITED METHODIST CHURCH OF WACO WITH CAPITAL IMPROVEMENTS


MEALS ON WHEELS


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Board, Officers & Key Employees

Name (title)Compensation
Beth Harding
Chairman
$0
Cindy Knapek
Secretary
$0
Jim Baker
Member
$0
Gretchen Braunstein
Member
$0
Artie Giotes
Member
$0
Judy Guyer
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$30,943
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$30,943
Total Program Service Revenue$0
Investment income $75,866
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $113,150
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $279,317

Grants Awarded

Over the last fiscal year, First United Methodist Church Of Waco Foundation has awarded $103,326 in support to 2 organizations.

Grant RecipientAmount

FIRST UNITED METHODIST CHURCH OF WACO

Org PageRecipient Profile

Waco, TX

PURPOSE: BAYLOR WESLEY CAMPUS RENOVATION

$100,000

MEALS ON WHEELS

PURPOSE: MEALS FOR SENIORS

$3,326
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that First United Methodist Church Of Waco Foundation has recieved totaling $100,000.

Awarding OrganizationAmount
First United Methodist Church Of Waco Foundation

Waco, TX

PURPOSE: BAYLOR WESLEY CAMPUS RENOVATION

$100,000
View Grant Recipient Profile

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