First Federal Community Foundation
First Federal Community Foundation is a private foundation based in Paris, Texas. Its filing states that it contributes only to 501(c)(3) organizations located in or near Paris, Clarksville, and Mount Pleasant, Texas.
Key facts about First Federal Community Foundation
In short: First Federal Community Foundation gave $144K across 25 grants in 2025 (avg $6K), mostly in Texas. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 75-2716310
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $144,250
- Grants made (2025)
- 25
- Average grant
- $5,770
- Median grant
- $3,000
- New grantees (estimate)
- 40% first-time grantees (10 of 25, 2025)
- Total assets
- $3,357,206
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- How to apply
- Contact Richard M Amis with specific information about the organization and its need for funds, plus verification of its IRC Section 501(c)(3) status. Full details ↓
- Deadline
- September 30 of each year.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.4M
+7.9% YoY
Annual Giving
$144K
-36.3% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$6K
-36.3% YoY
Under IRS private-foundation payout rules, First Federal Community Foundation reported a distributable amount of $210K for 2025 — the minimum it must pay out in qualifying distributions.
Is First Federal Community Foundation open to new grantees?
40%
first-time grantees, 2025
In 2025, 10 of 25 grantees (40%) were first-time recipients. First grants averaged $4K; repeat grants $7K. How we count
Medians: $3K first-time, $5K repeat.
- 44% of 2025 grantees were also funded in 2024. Method
- Giving fell 22% from 2022 to 2025. Method
- In 2025 it paid out 70% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose stated missions involve preserving historic buildings and promoting local-history tourism, helping neighbors address poverty, providing services to families in need, and Christian higher education. For example, Preserving Historic Properties Inc. says its mission is to preserve buildings in downtown Paris, and the Red River County Historical Society says it works to preserve historic buildings and promote tourism related to local history.
Grantmaking
In 2025, the foundation made 25 grants totaling $144,250. Grants ranged from $500 to $25,000, with a median grant of $3,000. Notable awards included $25,000 to Preserving Historic Properties Inc.; $18,000 to United Way in Paris; $10,000 each to Downtown Food Pantry, Paris Evergreen Cemetery Foundation, Greater Paris Development Foundation, and Children Advocacy Center of Paris; and $6,000 to Red River County Historical Society. The filing classifies these grants as charitable, except for a $5,000 educational grant to Abilene Christian University.
Review Cycle
September 30 of each year.
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Geographic Focus
Where this funder awards grants
The foundation’s filing limits contributions to 501(c)(3) organizations located in or near Paris, Clarksville, and Mount Pleasant, Texas. All grant dollars in the 2025 filing went to recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $133K (2023) to $227K (2024). In 2025 it made 25 grants totaling $144K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Preserving Historic Properties Inc ($25K). Together the top 10 received $107K.
Grant Size Distribution
120 grants across all recorded years
The most common grant size was under $50K: 118 grants of 120 (98%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Preserving Historic Properties Inc Paris, TX | Charitable | $25,000 |
| United Way Paris, TX | Charitable | $18,000 |
| Downtown Food Pantry Paris, TX | Charitable | $10,000 |
| Paris Evergreen Cemetery Foundation Paris, TX | Charitable | $10,000 |
| Greater Paris Development Foundatio Paris, TX | Charitable | $10,000 |
| Children Advocacy Center of Paris Paris, TX | Charitable | $10,000 |
| Salvation Army Paris, TX | Charitable | $7,500 |
| Red River County Historical Society Clarksville, TX | Charitable | $6,000 |
| Texas Bankers Foundation Austin, TX | Charitable | $5,000 |
| Red River Valley Veterans Memorial Paris, TX | Charitable | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2025 | $144,250 | 25 |
| 2024 | $226,500 | 25 |
| 2023 | $132,900 | 22 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,357,206 | $3,110,994 | $2,857,018 |
| Revenue | $419,753 | $524,750 | $417,614 |
| Expenses | $176,629 | $255,735 | $135,656 |
| Qualifying Distributions | $147,050 | $228,300 | $134,225 |
| Net Investment Income | $390,174 | $497,315 | $416,183 |
| Distributable Amount | $210,212 | $188,854 | $157,685 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Richard M Amis, Tim Taylor, and E Sims Norment as trustees.
First Federal Community Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
E. Sims Norment
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Richard M. Amis
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Tim Taylor
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
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.
Contact
Application contact: Richard M Amis
Mailing address: 630 Clarksville Street, Paris, TX 75460
Phone: (903) 784-0881
Frequently asked questions about First Federal Community Foundation
How much does First Federal Community Foundation give each year?
First Federal Community Foundation gave $144K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $227K across 25 grants.
What is First Federal Community Foundation's typical grant size?
First Federal Community Foundation's median grant in 2025 was $3,000, and its average grant was $5,770, across 25 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from First Federal Community Foundation that year got $4K on average.
Where does First Federal Community Foundation give grants?
First Federal Community Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Paris, TX (15 grants), Mt Pleasant, TX (4 grants) and Austin, TX (3 grants).
Does First Federal Community Foundation give general operating support?
Not in 2025: none of the 25 grants with a stated purpose on First Federal Community Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (21 grants) and "Educational" (4 grants).
Who are First Federal Community Foundation's largest grantees?
First Federal Community Foundation's largest 2025 grantees include Preserving Historic Properties Inc ($25,000), United Way ($18,000) and Downtown Food Pantry ($10,000), according to its 2025 IRS Form 990-PF. Together they received 37% of its itemized 2025 grant dollars.
How large is First Federal Community Foundation?
First Federal Community Foundation reported $3.4M in total assets on its 2025 IRS Form 990-PF. It paid out $147K in qualifying distributions that year, against a required minimum of $210K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does First Federal Community Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from First Federal Community Foundation?
Contact Richard M Amis with specific information about the organization and its need for funds, plus verification of its IRC Section 501(c)(3) status. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is First Federal Community Foundation's EIN?
First Federal Community Foundation's EIN (Employer Identification Number) is 75-2716310. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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