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.

Where $100 goes at Fort Worth Local Development Corporation

How Fort Worth Local Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 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 $85 for programs

$61
Contract services for vendors city of Fort Worth (aecom
71% of program spending
$11
Urban main pilot program totaling $138,500 given to southeast Fort Worth inc and Fort Worth hispanic chamber of commerce in agreement for the main street pilot program grant
13% of program spending
$11
Contractual services totalling $99,489 for vendors graham robinson (mowing and landscaping services) and the dec (entrepreneurship)
13% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Before you apply to Fort Worth Local Development Corporation

Often funds new orgs 64% of recent recipients were first-time grantees (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

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

Youth Development
$1,600,000 1 grant
General Support
$1,114,655 8 grants
Economic Development
$1,087,500 2 grants
Public Safety & Disaster Relief
$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

Complete financials, all 15 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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