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The Foundation Of The First Baptist Church Of Hattiesburg

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

EIN: 646025981 ✦ Hattiesburg, MS ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation Of The First Baptist Church Of Hattiesburg?

The Foundation of The First Baptist Church of Hattiesburg is a nonprofit organization situated at 4142 Lincoln Road, Hattiesburg, Mississippi 39402. Its primary function involves managing and distributing endowment gifts as per donors' specifications, primarily for missions, scholarships, and programs associated with Venture Church, which is the First Baptist Church of Hattiesburg, Mississippi. The foundation's purpose is to support and contribute to various initiatives and educational opportunities, furthering its mission and the church's endeavors.

Is The Foundation Of The First Baptist Church Of Hattiesburg legitimate?

The Foundation Of The First Baptist Church Of Hattiesburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation Of The First Baptist Church Of Hattiesburg 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

What is the mission statement of The Foundation Of The First Baptist Church Of Hattiesburg?

The Foundation of The First Baptist Church of Hattiesburg's mission is centered around managing and distributing endowment gifts as per donor specifications. The primary focus areas for these funds are missions, scholarships, and various programs associated with Venture Church, which is affiliated with The First Baptist Church of Hattiesburg, Mississippi. The foundation's role is to support and fund these initiatives, thereby contributing to their overall objectives.

Who is the CEO of The Foundation Of The First Baptist Church Of Hattiesburg?

Mr Robert E Donnell Iii is the Trustee of The Foundation Of The First Baptist Church Of Hattiesburg.

What is the revenue of The Foundation Of The First Baptist Church Of Hattiesburg?

The Foundation Of The First Baptist Church Of Hattiesburg's revenue in 2022 was $144,990.

Who are the executives of The Foundation Of The First Baptist Church Of Hattiesburg and what are their salaries?


Here are 5 key members and their salaries:


Robert E Donnell Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Inman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Blakenship (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Stevens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Parish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Foundation Of The First Baptist Church Of Hattiesburg?

The Foundation Of The First Baptist Church Of Hattiesburg's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Foundation Of The First Baptist Church Of Hattiesburg

The Foundation of The First Baptist Church of Hattiesburg is dedicated to a specific mission. This mission involves receiving, investing, and managing endowment gifts from donors. The primary objective is to distribute the earnings as per the donors' specifications, with a focus on supporting missions, scholarships, and programs affiliated with Venture Church, which is the First Baptist Church of Hattiesburg, Mississippi. The foundation's role is vital in channeling these funds to various endeavors, thereby contributing to the fulfillment of the church's objectives.

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Impact




October, 2024

The Foundation of the First Baptist Church of Hattiesburg plays a significant role in enhancing community welfare through its financial stewardship. By receiving, investing, and managing endowment gifts, the Foundation ensures that funds are effectively channeled toward vital missions, scholarships, and community programs of Venture Church. This support enables various initiatives that foster spiritual growth, education, and outreach within Hattiesburg and beyond.

The impact of the Foundation is evident in its contributions to missions that outreach to those in need, providing essential services and support. Scholarships facilitated by the Foundation empower individuals by offering educational opportunities, fostering personal and academic development. Furthermore, funding for programs organized by Venture Church enriches the community's cultural and spiritual landscape, promoting a sense of belonging and purpose.

In summary, the Foundation of the First Baptist Church of Hattiesburg significantly affects the community by nurturing faith-based initiatives, supporting education, and promoting outreach, ultimately enhancing the quality of life for many individuals and families in the area.




This information is meant to be a general summary of The Foundation Of The First Baptist Church Of Hattiesburg. 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
$144,990 (2022)
Expenses
$198,363 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $121,669
  • Gross Receipts: $144,990

Assets and Liabilities:

  • Total Assets: $3,183,920
  • Total Liabilities: $0
  • Net Assets: $3,183,920

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Organization Details

Founding Year

1962

Principal Officer

Mr Robert E Donnell Iii

Main Address

4142 LINCOLN RD, HATTIESBURG, MS, 39402

NTEE Category

Code: X21I - Religion related

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