First Federal Community Foundation
First Federal Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARIS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 25 grants totaling $227K. Net investment income was $497K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+8.9% YoY
Annual Giving
$227K
+70.4% YoY
Grant Count
25
+13.6% YoY
Avg Grant Size
$9K
+50.0% YoY
Under IRS private-foundation payout rules, First Federal Community Foundation reported a distributable amount of $189K for 2024 — the minimum it must pay out in qualifying distributions.
About First Federal Community Foundation
Based on IRS filings
First Federal Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARIS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 25 grants totaling $227K. Net investment income was $497K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,110,994 | $2,857,018 | $2,536,558 |
| Revenue | $524,750 | $417,614 | $176,286 |
| Expenses | $255,735 | $135,656 | $199,411 |
| Qualifying Distributions | $228,300 | $134,225 | $190,050 |
| Net Investment Income | $497,315 | $416,183 | $166,925 |
| Distributable Amount | $188,854 | $157,685 | $166,431 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Paris Community Theater ($50,000), Preserving Historic Properties Inc ($25,000), United Way ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS GIRLS CLUB OF RRV PARIS, TX | CHARITABLE | $5,000 |
| TITUS COUNTY SPECIAL OLYMPICS MT PLEASANT, TX | CHARITABLE | $4,000 |
| CYPRESS BASIN HOPSICE MT PLEASANT, TX | CHARITABLE | $4,000 |
| UNITED WAY PARIS, TX | CHARITABLE | $20,000 |
| PARIS JUNIOR COLLEGE PARIS, TX | EDUCATIONAL | $5,000 |
| PROJECT DEPORT DEPORT, TX | CHARITABLE | $3,000 |
| RED RIVER VALLY DOWN SYNDROME SOCIE PARIS, TX | CHARITABLE | $10,000 |
| LAMAR COUNTY YOUNGLIFE PARIS, TX | CHARITABLE | $1,000 |
| TITUS COUNTY CARES MT PLEASANT, TX | CHARITABLE | $4,000 |
| RED RIVER VALLEY VETERANS MEMORIAL PARIS, TX | CHARITABLE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD M AMIS | Trustee | 0.5 | — |
| TIM TAYLOR | Trustee | 0.5 | — |
| E SIMS NORMENT | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Federal Community Foundation?
First Federal Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PARIS, TX. It holds $3.1M in total assets as of 2024.
How large is First Federal Community Foundation?
As of 2024, First Federal Community Foundation holds $3.1M in total assets with $525K in annual revenue. It awarded 25 grants totaling $227K in 2024.
Where does First Federal Community Foundation operate?
First Federal Community Foundation has awarded grants in Texas.
What size grants does First Federal Community Foundation award?
In 2024, First Federal Community Foundation awarded 25 grants totaling $227K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is First Federal Community Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Federal Community Foundation reported a distributable amount of $189K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Federal Community Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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