First Baptist Church Endowment Fund Incorporated logo

First Baptist Church Endowment Fund Incorporated

Public charity · Grantmaker Richmond, VA EIN: 54-0858196 Website

To provide help & support to the ministries of first baptist church, the community,state, national and international missions.

First Baptist Church Endowment Fund Incorporated at a glance

In short: First Baptist Church Endowment Fund Incorporated gave $2.5M across 1 grant in 2025 (avg $2.5M), mostly in Virginia. Source: 2025 IRS Form 990.

Annual giving (2025)
$2,452,811
-42.6% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$2,452,811
-42.6% vs 2024
Median grant
$2,452,811
Total assets
$28,942,956
+1.9% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to First Baptist Church Endowment Fund Incorporated

Next open deadline
March 1, 2027 (FBC Scholarship Fund)

Who First Baptist Church Endowment Fund Incorporated funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

First Baptist Church: $2.5MFirst Baptist Church$2.5M

The largest 2025 recipient was First Baptist Church ($2.5M).

Grant Size Distribution

10 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K1$500K–1M4$1–5M$5M+

The most common grant size was under $50K: 5 grants of 10 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

RichmondUniversity of RichmondLongwood

How First Baptist Church Endowment Fund Incorporated gives

  • Giving grew 54% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M9 grants2020 6 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $977K (2021) to $4.3M (2024). In 2025 it made 1 grant totaling $2.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
First Baptist Church Richmond, VACommunity /Music /Re$2,452,811
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$28,942,956$3,267,043$2,732,131$2,452,8111$2,918,530
2024$28,402,184$3,480,761$4,431,452$4,271,2821$3,096,737
2023$29,339,629$2,979,139$2,413,410$2,237,5781$1,677,611
2022$29,944,544$3,532,542$1,814,156$1,594,3301$2,265,416
2021$28,168,962$4,906,214$1,888,771$977,2446$4,157,636
2020$24,958,374$1,989,371$1,499,354$1,197,4809$1,449,726

About First Baptist Church Endowment Fund Incorporated

Based on IRS filings

First Baptist Church Endowment Fund Incorporated is a public charity, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $28.9M in total assets. In 2025, it awarded 1 grant totaling $2.5M. Net investment income was $2.9M.

Leadership & Key People

Officers and directors from IRS filings

First Baptist Church Endowment Fund Incorporated is led by James W. Norvelle, President on every filing since 2020; none of the 15 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • James W. Norvelle

    President

    On filings since 2020

    No compensation reported

  • Mark Larson

    President

    Director → President, 2025

    On filings since 2020

    No compensation reported

  • Burton M. Marshall

    Director

    On filings since 2020

    No compensation reported

  • Charles Tilley

    Director

    On filings since 2020

    No compensation reported

  • James E. Markham

    Director

    On filings since 2020

    No compensation reported

  • Julia O. Scott

    Director

    On filings since 2020

    No compensation reported

  • Linn P. Kreckman

    Director

    On filings since 2020

    No compensation reported

  • Michael Lipford

    Director

    On filings since 2020

    No compensation reported

  • Marie Allred

    Director

    On filings since 2021

    No compensation reported

  • Leslie Beale

    Director

    On filings since 2023

    No compensation reported

  • Shannon Harton

    Director

    On filings since 2023

    No compensation reported

  • Shearer Pettigrew

    Director

    On filings since 2023

    No compensation reported

  • Mary Overholser

    Director

    New on the 2025 filing

    No compensation reported

  • Kim O. Boys

    Treasurer

    On filings since 2020

    No compensation reported

  • L. Lee Stephenson

    Secretary

    Director → Secretary, 2021

    On filings since 2020

    No compensation reported

Former officers (6)
  • Former: Mary Allred (2022–2024) — Director
  • Former: Charlotte Evans (2020–2022) — Director
  • Former: Clinton Smith (2020–2022) — Director
  • Former: Susan S. Beach (2020–2022) — Director
  • Former: Carl W. Johnson (2020–2021) — Past President
  • Former: Virginia S. Darnell (2020) — Secretary

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about First Baptist Church Endowment Fund Incorporated

How much does First Baptist Church Endowment Fund Incorporated give each year?

First Baptist Church Endowment Fund Incorporated gave $2.5M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.3M across 1 grant.

How large is First Baptist Church Endowment Fund Incorporated?

First Baptist Church Endowment Fund Incorporated reported $28.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.3M.

Where does First Baptist Church Endowment Fund Incorporated operate?

First Baptist Church Endowment Fund Incorporated has awarded grants in Florida, Virginia.

What is First Baptist Church Endowment Fund Incorporated's EIN?

First Baptist Church Endowment Fund Incorporated's EIN (Employer Identification Number) is 54-0858196. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS July 1, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  6. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

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Funders with grantees in common, and similar funders in Virginia

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Assets

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The CarMax Foundation supports health and wellness, education and workforce success, and resilient communities, including playgrounds, volunteer-led projects, and services for underserved people. Its 2026 grants ranged from $9,140 to $3,396,861, with a median of $285,350; it funds organizations in the Greater Richmond area, CarMax markets such as Atlanta, and nationally aligned nonprofits. Applications are accepted online only, but the profile does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$6.3M

Grants

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Total Given

$4.8M

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Assets

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Health

Assets

—

Grants

78

Total Given

$4.7M

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from First Baptist Church Endowment Fund Incorporated's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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