First Federal Community Foundation Inc

Organization Overview

First Federal Community Foundation Inc is located in Paris, TX. The organization was established in 1997. 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. First Federal Community Foundation 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 12/2021, First Federal Community Foundation Inc generated $367.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $170.3k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 6 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 2017, First Federal Community Foundation Inc has awarded 165 individual grants totaling $965,808. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Tim Taylor
Trustee
$0
Richard M Amis
Trustee
$0
E Sims Norment
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $37,904
Net Rental Income$0
Net Gain on Sale of Assets $329,470
Capital Gain Net Income $329,470
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $367,374

Grants Awarded

Over the last fiscal year, First Federal Community Foundation Inc has awarded $166,362 in support to 24 organizations.

Grant RecipientAmount

UNITED WAY

PURPOSE: CHARITABLE

$33,531

PARIS JUNIOR COLLEGE

PURPOSE: EDUCATIONAL

$26,971

LAMAR COUNTY HISTORICAL SOCIETY

Org PageRecipient Profile

Paris, TX

PURPOSE: CHARITABLE

$21,500

BOYS GIRLS CLUB OF RRV

PURPOSE: CHARITABLE

$15,000

RED RIVER VALLEY VETERANS MEMORIAL

Org PageRecipient Profile

Paris, TX

PURPOSE: CHARITABLE

$15,000

CAMP KIWANIS FOUNDATION

PURPOSE: CHARITABLE

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
William K Warren Foundation
Tulsa, OK
$38,179,587

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