Overview
What is First Baptist Foundation Inc?
First Baptist Foundation Inc is a nonprofit organization, headquartered with undisclosed location details. Their primary mission is to extend financial aid through scholarships to deserving students pursuing higher education at colleges or seminaries. The students receiving these scholarships are required to be members of the sponsoring church. The foundation's purpose is to support the educational aspirations of these individuals, thereby contributing to their personal growth and development.
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.
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What is the mission statement of First Baptist Foundation Inc?
The mission of First Baptist Foundation Inc is centered around offering financial aid in the form of scholarships. This is extended to students pursuing higher education at colleges or seminaries, who are affiliated with their church. The foundation's primary objective is to support these students, thereby enabling them to further their academic journeys. By providing scholarships, the foundation aims to alleviate some of the financial burden associated with higher education, thereby making it more accessible to eligible students. This initiative not only benefits the students but also strengthens the religious community by nurturing its future leaders.
Who is the CEO of First Baptist Foundation Inc?
Kenton Jones 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 $3,459.
Who are the executives of First Baptist Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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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 a nonprofit organization, is committed to providing financial aid in the form of scholarships. This assistance is specifically tailored for students who are not only enrolled in colleges but also pursuing seminary education. The scholarship program extends to members of the foundation's affiliated church, offering them a chance to further their education without the burden of excessive financial strain. The mission of First Baptist Foundation Inc is to empower these students, enabling them to achieve their academic goals and contribute positively to their communities and the world at large. The organization's dedication to this mission underscores its commitment to supporting the educational aspirations of its church members.
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Impact
October, 2024
First Baptist Foundation Inc significantly impacts the community by providing essential scholarships to college and seminary students who are members of the church. Through its commitment to educational support, the foundation helps alleviate financial burdens, enabling these students to pursue their academic and spiritual goals with fewer obstacles. By investing in the education of its members, the foundation fosters a culture of learning and growth within the church community in Dothan, AL, promoting both personal development and future leadership in religious service. This direct support not only enhances individual futures but also strengthens the overall mission of the church, empowering its members to contribute positively to society and their faith communities.
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,259
- Gross Receipts: $13,089
Assets and Liabilities:
- Total Assets: $642,184
- Total Liabilities: $0
- Net Assets: $642,184
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Organization Details
Founding Year
1977
Phone
(334) 792-5117Principal Officer
Kenton Jones
Main Address
PO Box 2025, Dothan, AL, 36302
NTEE Category
Code: X21I - Religion related
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