Foundation For The Advancement Of Christianity
- Assets
- $2.8m
- Revenue
- $317.0k
- Investments
- $2.5m
- Employees
- 0
- Location
- Colleyville, TX
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 74-2869512
Organization Overview
Foundation For The Advancement Of Christianity is located in Colleyville, TX. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For The Advancement Of Christianity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Foundation For The Advancement Of Christianity generated $317.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $149.8k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 4 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.
Since 2020, Foundation For The Advancement Of Christianity has awarded 48 individual grants totaling $278,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burton H Patterson Trustee | 5 | $0 | |
Virginia L Patterson Trustee | 0 | $0 | |
Leanne Linder West Trustee | 0 | $0 | |
Patricia Patterson Nelson Trustee | 0 | $0 | |
Paula Patterson Mcdowell Trustee | 0 | $0 | |
Harley Trey West Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,985 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $94,068 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $316,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,960 |
| Total operating and administrative expenses | $19,313 |
| Contributions, gifts, grants paid | $130,500 |
| Total expenses and disbursements | $149,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,504 |
| Savings and temporary cash investments | $220,701 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,835,855 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Foundation For The Advancement Of Christianity has awarded $130,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
El Paso, TX PURPOSE: RELIGIOUS MINISTRY | $15,000 |
WYCLIFFE BIBLE TRANSLATORS PURPOSE: RELIGIOUS MINISTRY | $10,000 |
MISSION AVIATION FELLOWSHIP PURPOSE: RELIGIOUS MINISTRY | $10,000 |
Higley, AZ PURPOSE: RELIGIOUS MINISTRY | $8,000 |
JESUS FILM PROJECT PURPOSE: RELIGIOUS MINISTRY | $8,000 |
FAITH COMES BY HEARING PURPOSE: RELIGIOUS MINISTRY | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |