Fort Worth Local Development Corporation

Public charity · Grantmaker Fort Worth, TX EIN: 75-2196027

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.

Key facts about Fort Worth Local Development Corporation

In short: Fort Worth Local Development Corporation gave $991K across 4 grants in 2025 (avg $248K), mostly in Texas. Source: 2025 IRS Form 990.

EIN
75-2196027
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$991,000
Grants made (2025)
4
Average grant
$247,750
Median grant
$98,000
Total assets
$6,893,578
Primary geography
Texas (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$6.9M

-11.0% YoY

Annual Giving

$991K

-45.8% YoY

Grant Count

4

-42.9% YoY

Avg Grant Size

$248K

-5.1% YoY

About Fort Worth Local Development Corporation

Based on IRS filings

Fort Worth Local Development Corporation is a public charity, based in Fort Worth, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 4 grants totaling $991K. Net investment income was $187K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

Fort WorthDalalsWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants2019 0 grants2020 1 grant2021 Total only2022 3 grants2023 7 grants2024 4 grants2025

From 2021 to 2025, annual grant giving ranged from $1K (2022) to $1.8M (2024). In 2025 it made 4 grants totaling $991K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

City of Fort Worth: $765KCity of Fort Worth$765KFort Worth Hispanic Chamber of Commerce: $109KFort Worth Hispanic Chamber ofCommerce$109KThe Dec Network: $88KThe Dec Network$88KSoutheast Fort Worth Inc: $30KSoutheast Fort Worth Inc$30K

The largest 2025 recipient was City of Fort Worth ($765K). Together the top 4 received $991K.

Grant Size Distribution

15 grants across all recorded years

10<$50K1$50–100K1$100–250K$250–500K1$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 10 grants of 15 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
City of Fort Worth Fort Worth, TXAecom Project$765,000
Fort Worth Hispanic Chamber of Commerce Fort Worth, TXMain Street Pilot Program Grant$108,500
The Dec Network Dalals, TXThe Entrepreneurship$87,500
Southeast Fort Worth Inc Fort Worth, TXMain Street Pilot Program Grant$30,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,893,578$7,745,642$9,208,633
Revenue$224,415$482,939$227,239
Expenses$1,076,479$2,787,955$1,301,570
Net Investment Income$186,761$338,269$157,918

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  4. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Fort Worth Local Development Corporation is led by Alan Blaylock, President since 2025 (on filings since 2022); none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Alan Blaylock

    President

    Vice President → President, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Carlos Flores

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Chris Nettles

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elizabeth Beck

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mattie Parker

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Charles Lauersdorf

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jeanette Martinez

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Macy Hill

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Michael Crain

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Mia Hall

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Reginald Zeno

    Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Deborah Peoples

    Vice President

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (11)
  • Former: Gyna M. Bivens (2019–2024) — President & Chairman
  • Former: Jared Williams (2021–2024) — Trustee
  • Former: Michael Crane (2021–2023) — Trustee
  • Former: Leonard Firestone (2021–2022) — Trustee
  • Former: Ann Zadeh (2019–2021) — Trustee
  • Former: Betsy Price (2019–2021) — Trustee
  • Former: Brian Byrd (2019–2021) — Trustee
  • Former: Cary Moon (2019–2021) — Vice President
  • Former: Dennis Shingleton (2019–2021) — Secretary
  • Former: Jungus Jordan (2019–2021) — Trustee
  • Former: Kelly Allen Gray (2019–2021) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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 Fort Worth Local Development Corporation

How much does Fort Worth Local Development Corporation give each year?

Fort Worth Local Development Corporation gave $991K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.8M across 7 grants.

What is Fort Worth Local Development Corporation's typical grant size?

Fort Worth Local Development Corporation's median grant in 2025 was $98,000, and its average grant was $247,750, across 4 grants on its 2025 IRS Form 990.

Where does Fort Worth Local Development Corporation give grants?

Fort Worth Local Development Corporation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Fort Worth, TX (3 grants).

Does Fort Worth Local Development Corporation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Fort Worth Local Development Corporation's 2025 IRS Form 990 were described as general or operating support.

How large is Fort Worth Local Development Corporation?

Fort Worth Local Development Corporation reported $6.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $224K.

What is Fort Worth Local Development Corporation's EIN?

Fort Worth Local Development Corporation's EIN (Employer Identification Number) is 75-2196027. IRS Form 990 filing data is available on this page for 2019–2025.

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

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