Foundation For The Advancement Of Christianity
- Assets
- $3.4m
- Revenue
- -$60.6k
- Investments
- $3.2m
- Employees
- 0
- Location
- Colleyville, TX
- Founding
- 04/1998
- Data as of
- 12/2023
- 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.
Since 2020, Foundation For The Advancement Of Christianity has awarded 72 individual grants totaling $425,000. 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
2023
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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,008 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$69,616 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$60,608 |
| 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 | $11,201 |
| Total operating and administrative expenses | $11,201 |
| Contributions, gifts, grants paid | $147,000 |
| Total expenses and disbursements | $158,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,650 |
| Savings and temporary cash investments | $141,190 |
| 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 | $101,499 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,378,387 |
| 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 $147,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST SPANISH PUBLISHING HOUSE FOUNDATIONBIBLIABIBLE LEAGUE INTERNATIONAL PURPOSE: RELIGIOUS MINISTRY | $15,000 |
BIBLIA PURPOSE: RELIGIOUS MINISTRY | $10,000 |
BIBLE LEAGUE INTERNATIONAL PURPOSE: RELIGIOUS MINISTRY | $10,000 |
BIBLES FOR THE WORLD PURPOSE: RELIGIOUS MINISTRY | $8,500 |
BIBLE STUDY FELLOWSHIP PURPOSE: RELIGIOUS MINISTRY | $6,000 |
JESUS FILM PROJECT PURPOSE: RELIGIOUS MINISTRY | $11,000 |