First Baptist Foundation Inc

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

EIN: 581838325 ✦ Columbus, GA ✦ Designated as a 501(c)(3)

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Overview

What is First Baptist Foundation Inc?

First Baptist Foundation Inc is a nonprofit organization situated in Columbus, Georgia. Their primary mission is to support the operations of First Baptist Church Inc by raising and managing funds for charitable, educational, and religious purposes. Specifically, they contributed funds to the church for the purchase of additional capital assets and church-related programs. The foundation operates with the objective of acquiring, soliciting, and facilitating donations, with the ultimate goal of dedicating these funds to charitable causes within the First Baptist Church of Columbus, Georgia.

Is First Baptist Foundation Inc legitimate?

First Baptist Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist Foundation Inc 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: $5,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of First Baptist Foundation Inc?

The mission of First Baptist Foundation Inc. is centered around supporting the operations of a specific church, namely, First Baptist Church of Columbus, Georgia. The foundation aims to collect funds and manage property for charitable, educational, and religious causes within this church. It encourages and facilitates gifts, donations, and benefactions through various means, such as deeds, wills, and other means. Ultimately, the foundation ensures that the collected funds are utilized for the betterment of the church and its causes.

Who is the CEO of First Baptist Foundation Inc?

Ben Smith is the Trustee of First Baptist Foundation Inc.

What is the revenue of First Baptist Foundation Inc?

First Baptist Foundation Inc's revenue in 2022 was $220,991.

Who are the executives of First Baptist Foundation Inc and what are their salaries?

There 4 volunteers at First Baptist Foundation Inc.


Here are 5 key members and their salaries:


Tommy Boyd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Clements (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James Elder (Church Pastor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Baptist Foundation Inc?

First Baptist Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of First Baptist Foundation Inc

First Baptist Foundation Inc, as per its mission, is dedicated to supporting the operations of First Baptist Church, Inc. The organization's primary objective is to encourage and facilitate the making of charitable gifts, donations, and benefactions by various means. These contributions, once necessary expenses are covered, are then utilized for causes related to charity, education, and religion within the First Baptist Church of Columbus, Georgia. The foundation's role is to manage and administer the funds and property it receives, ensuring they are used in accordance with the church's needs and objectives.

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Impact




October, 2024

First Baptist Foundation Inc significantly enhances the operations of First Baptist Church of Columbus, GA, by providing essential funding for the acquisition of capital assets and supporting church-related programs. Through its commitment to fostering generosity, the Foundation actively encourages and facilitates donations, which are vital for sustaining the church's charitable, educational, and religious missions. By managing and administering funds, the Foundation ensures that resources are allocated effectively to serve the community's needs and advance the church's objectives, thereby creating a lasting impact on the congregation and the wider community.




This information is meant to be a general summary of First Baptist Foundation Inc. 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
$220,991 (2022)
Expenses
$58,875 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $220,991
  • Gross Receipts: $1,701,012

Assets and Liabilities:

  • Total Assets: $5,203,969
  • Total Liabilities: $0
  • Net Assets: $5,203,969

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Organization Details

Founding Year

1963

Principal Officer

Ben Smith

Main Address

P O Box 828, Columbus, GA, 31902

NTEE Category

Code: X20 - Religion related

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