First Methodist Church Of Fort Worth Foundation Inc

Organization Overview

First Methodist Church Of Fort Worth Foundation Inc is located in Fort Worth, TX. The organization was established in 1965. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2019, First Methodist Church Of Fort Worth Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, First Methodist Church Of Fort Worth Foundation Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.3m during the year ending 12/2019. While expenses have increased by 2.9% 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 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FUNDS FOR FIRST UNITED METHODIST CHURCH OF FORT WORTH

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O FOR NARRATIVE:


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Board, Officers & Key Employees

Name (title)Compensation
Sid Johnston
Executive Director
$205,346
Lee Bloemendal MD
President
$0
Henry B Paup
Vice President
$0
Pat Hayward
Secretary
$0
Byron R Baird
Director
$0
Jack Benson
Director
$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$585,631
Noncash contributions included in lines 1a–1f $109,113
Total Revenue from Contributions, Gifts, Grants & Similar$585,631
Total Program Service Revenue$0
Investment income $1,430,812
Tax Exempt Bond Proceeds $0
Royalties $519,611
Net Rental Income $293,738
Net Gain/Loss on Asset Sales $1,299,264
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,129,056

Grants Recieved

Over the last fiscal year, we have identified 1 grants that First Methodist Church Of Fort Worth Foundation Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: FOR GENERAL PURPOSES

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,155,233
Earnings$648,343
Grants$49,905
Ending Balance$2,753,671

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