First Baptist Church Endowment Fund Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540858196 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is First Baptist Church Endowment Fund Incorporated?

First Baptist Church Endowment Fund Incorporated is a nonprofit organization located at 2709 Monument Avenue, Richmond, Virginia. Their primary mission is to offer grants to a wide range of organizations, encompassing religious, educational, and humanitarian aid initiatives. By doing so, they aim to extend their support to the ministries of First Baptist Church and extend their reach to the community, state, nation, and internationally. The fund's activities are centered around providing assistance and aid to various charitable causes.


Official website here: www.fbcrichmond.org

What do the Facebook reviews say about First Baptist Church Endowment Fund Incorporated?

96% of 78 reviewers on Facebook recommend First Baptist Church Endowment Fund Incorporated. Here is a summary of their reviews:

Many individuals appreciate the ability to stay connected with the church, even from afar. One commenter mentioned that despite moving out of state, they can still participate through the livestream, highlighting the efforts made to ensure that members feel included regardless of their location.

Overall, the sentiment is quite positive, with reviewers expressing satisfaction with the church's outreach and services, indicating that it successfully delivers on its promises to the community.


This AI summary has been generated from reviews found on Facebook.

Is First Baptist Church Endowment Fund Incorporated legitimate?

First Baptist Church Endowment Fund Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist Church Endowment Fund Incorporated submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fbcrichmond.org

What is the mission statement of First Baptist Church Endowment Fund Incorporated?

The mission of First Baptist Church Endowment Fund Incorporated is centered around providing assistance and support. This aid is extended to the ministries of First Baptist Church, as well as to the local community, various states, national, and international missions. The endowment fund achieves this mission by granting funds to various organizations, with a focus on religious, educational, and humanitarian causes. These organizations utilize the funds to contribute to religious services, educational programs, and humanitarian aid initiatives. By doing so, First Baptist Church Endowment Fund Incorporated plays a significant role in uplifting numerous communities and individuals worldwide.


Official website here: www.fbcrichmond.org

Who is the CEO of First Baptist Church Endowment Fund Incorporated?

James W Norvelle is the President of First Baptist Church Endowment Fund Incorporated.


Official website here: www.fbcrichmond.org

What is the revenue of First Baptist Church Endowment Fund Incorporated?

First Baptist Church Endowment Fund Incorporated's revenue in 2022 was $3,532,542.


Official website here: www.fbcrichmond.org

Who are the executives of First Baptist Church Endowment Fund Incorporated and what are their salaries?


Here are 14 key members and their salaries:


Mary Allred (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan S Beach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim O Boys (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linn P Kreckman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lipford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Markham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burton M Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Norvelle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia O Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Lee Stephenson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Tilley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fbcrichmond.org

Where can I find the form 990 for First Baptist Church Endowment Fund Incorporated?

First Baptist Church Endowment Fund Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fbcrichmond.org

Learn more at the official website: www.fbcrichmond.org

Mission Statement of First Baptist Church Endowment Fund Incorporated

The First Baptist Church Endowment Fund Incorporated is dedicated to providing assistance and support to various ministries, both within the First Baptist Church and in broader communities, at both local and international levels. This nonprofit organization's mission is multifaceted, encompassing the support of religious, educational, and humanitarian initiatives. It achieves this by granting funds to diverse organizations that align with its values. By doing so, the First Baptist Church Endowment Fund Incorporated contributes to the betterment of communities, states, nations, and even international missions, demonstrating its commitment to a wider scope of charitable work.

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Impact




October, 2024

First Baptist Church Endowment Fund Incorporated plays a vital role in extending support to various ministries and community initiatives. By providing grants to diverse organizations, it facilitates religious, educational, and humanitarian aid, thereby enriching the local community and beyond. Its contributions help sustain the ministries of First Baptist Church and empower efforts that resonate on state, national, and international levels, fostering a spirit of compassion and service. The endowment's impact is felt widely, as it champions missions that embody the principles of faith and support outreach that addresses pressing societal needs.




This information is meant to be a general summary of First Baptist Church Endowment Fund Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,532,542 (2022)
Expenses
$1,814,156 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,265,416
  • Gross Receipts: $14,858,700

Assets and Liabilities:

  • Total Assets: $29,944,544
  • Total Liabilities: $1,223,423
  • Net Assets: $28,721,121

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Organization Details

Founding Year

1912

Principal Officer

James W Norvelle

Main Address

2709 MONUMENT AVENUE, RICHMOND, VA, 232202671

NTEE Category

Code: X20 - Religion related

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