Public Charity

FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED

Based in RICHMOND, VA, FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED operates as a Public Charity. The organization reported $3.3M in revenue, $2.7M in expenses, $28.9M in total assets for fiscal year 2025. Imperigo tracks 51 reported grants from this foundation totaling approximately $16.7M.

EIN: 540858196 RICHMOND, VA Latest filing: 2025
Total Revenue$3.3M
Total Expenses$2.7M
Total Assets$28.9M
Grants Given51
Grant Total$16.7M
Filing Years2021–2025

Mission

TO PROVIDE HELP & SUPPORT TO THE MINISTRIES OF FIRST BAPTIST CHURCH, THE COMMUNITY,STATE, NATIONAL AND INTERNATIONAL MISSIONS.

Where $100 goes at First Baptist Church Endowment Fund Incorporated

How First Baptist Church Endowment Fund Incorporated divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
The endowment provides grants to various organizations for religious, educational, and humanitarian aid
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

FIRST BAPTIST CHURCH
RICHMOND, VA · 2025
COMMUNITY /MUSIC /RE
$2,452,811
FIRST BAPTIST CHURCH
RICHMOND, VA · 2024
COMMUNITY /MUSIC /RE
$4,271,282
FIRST BAPTIST CHURCH
RICHMOND, VA · 2023
COMMUNITY /MUSIC /RE
$2,237,578
FIRST BAPTIST CHURCH
RICHMOND, VA · 2022
COMMUNITY /MUSIC /RE
$1,594,330
FIRST BAPTIST CHURCH
RICHMOND, VA · 2021
COMMUNITY /MUSIC /RECREATION /TELEVISION MINISTRY, BUILDING AND GROUNDS, STAFF ASSISTANCE, SCHOLARSHIPS, YOUTH TRIPS, MISSION TRIPS, AND MULTI SUPPORT MISSIONS
$928,744

Showing up to 5 of 51 total records — full history available with membership.

Officers & Directors

DIRECTOR Burton M Marshall
DIRECTOR Charles Tilley
DIRECTOR James E Markham
PRESIDENT James W Norvelle
DIRECTOR Julia O Scott
TREASURER Kim O Boys

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts & Culture
$10,556,001 4 grants
Education
$5,221,499 6 grants
Religion & Spirituality
$634,737 15 grants
General Support
$303,750 26 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.3M $2.7M $28.9M
2024 $3.5M $4.4M $28.4M
2023 $3.0M $2.4M $29.3M
2022 $3.5M $1.8M $29.9M
2021 $4.9M $1.9M $28.2M

Between 2021 and 2025, reported annual revenue declined from $4.9M to $3.3M (-33%), with total assets most recently reported at $28.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AR, CA, FL, VA.

ARCAFLVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED

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