Public Charity

FORT WORTH LOCAL DEVELOPMENT CORPORATION

FORT WORTH LOCAL DEVELOPMENT CORPORATION is a Public Charity headquartered in FORT WORTH, TX. Financial data from the 2025 filing: $224K revenue, $1.1M expenses, $6.9M total assets. IRS filings disclose 15 grants awarded by this foundation, totaling roughly $3.9M.

EIN: 752196027 FORT WORTH, TX Latest filing: 2025
Total Revenue$224K
Total Expenses$1.1M
Total Assets$6.9M
Grants Given15
Grant Total$3.9M
Filing Years2021–2025

Mission

THE ORGANIZATION IS A NON-PROFIT INCORPORATED TO PROMOTE, SPONSOR, AND COORDINATE A WIDE RANGE OF ACTIVITIES CENTERED AROUND JOB CREATION AND ECONOMIC DEVELOPMENT WITHIN THE CITY OF FORT WORTH. UNDER THE TEXAS DEVELOPMENT CORPORATION ACT BY THE AUTHORITY OF THE FORT WORTH CITY COUNCIL.

Sample Grants Given

CITY OF FORT WORTH
FORT WORTH, TX · 2024
AECOM PROJECT
$765,000
FORT WORTH, TX · 2024
MAIN STREET PILOT PROGRAM GRANT
$108,500
DALALS, TX · 2024
THE ENTREPRENEURSHIP
$87,500
SOUTHEAST FORT WORTH INC
FORT WORTH, TX · 2024
MAIN STREET PILOT PROGRAM GRANT
$30,000
CITY OF FORT WORTH (DEVELOPMENT SERVICES AND TPW)
FORT WORTH, TX · 2023
CAMP BOWIE IMPROVEMENT PROJECT
$1,600,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

PRESIDENT Alan Blaylock
TRUSTEE Carlos Flores
TRUSTEE Charles Lauersdorf
TRUSTEE Chris Nettles
VICE PRESIDENT Deborah Peoples
TRUSTEE Elizabeth Beck

Officer compensation and complete director data available with membership.

Top Grant Purposes

CAMP BOWIE IMPROVEMENT PROJECT
$1,600,000 1 grant
ECONOMIC INCENTIVES FUND
$1,000,000 1 grant
AECOM PROJECT
$765,000 1 grant
MAIN STREET PILOT PROGRAM GRANT
$349,655 7 grants
SMALL BUSINESS DISASTER RECOVERY PROGRAM
$137,205 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $224K $1.1M $6.9M
2024 $483K $2.8M $7.7M
2023 $227K $1.3M $9.2M
2022 $121K $947K $10.3M
2021 $9.1M $2.2M $11.3M

Between 2021 and 2025, reported annual revenue declined from $9.1M to $224K (-98%), with total assets most recently reported at $6.9M.

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

Grant Geography

Grants from this foundation were reported to recipients in DC, TX.

DCTX

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

See the full picture for FORT WORTH LOCAL DEVELOPMENT CORPORATION

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