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 2024 filing: $483K revenue, $2.8M expenses, $7.7M total assets. IRS filings disclose 11 grants awarded by this foundation, totaling roughly $2.9M.

EIN: 752196027 FORT WORTH, TX Latest filing: 2024
Total Revenue$483K
Total Expenses$2.8M
Total Assets$7.7M
Grants Given11
Grant Total$2.9M
Filing Years2020–2024

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 (DEVELOPMENT SERVICES AND TPW)
FORT WORTH, TX · 2023
CAMP BOWIE IMPROVEMENT PROJECT
$1,600,000
FORT WORTH, TX · 2023
MAIN STREET PILOT PROGRAM GRANT
$45,000
SOUTHEAST FORT WORTH INC
FORT WORTH, TX · 2023
MAIN STREET PILOT PROGRAM GRANT
$45,000
COWTOWN SEGWAY
FORT WORTH, TX · 2023
SMALL BUSINESS DISASTER RECOVERY PROGRAM
$40,970
LA'CREMIAN
FORT WORTH, TX · 2023
SMALL BUSINESS DISASTER RECOVERY PROGRAM
$37,224

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

VICE PRESIDENT Alan Blaylock
TRUSTEE Carlos Flores
TRUSTEE Charles Lauersdorf
TRUSTEE Chris Nettles
TRUSTEE Elizabeth Beck
PRESIDENT / CHAIRMAN Gyna Bivens

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
MAIN STREET PILOT PROGRAM GRANT
$211,155 5 grants
SMALL BUSINESS DISASTER RECOVERY PROGRAM
$137,205 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $483K $2.8M $7.7M
2023 $227K $1.3M $9.2M
2022 $121K $947K $10.3M
2021 $9.1M $2.2M $11.3M
2020 $1.3M $1.4M $4.9M

Between 2020 and 2024, reported annual revenue declined from $1.3M to $483K (-63%), with total assets most recently reported at $7.7M.

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.

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