Fort Worth Local Development Corporation
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
-15.9% YoY
Annual Giving
$1.8M
+1408.2% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$261K
+546.4% YoY
About Fort Worth Local Development Corporation
Based on IRS filings
Fort Worth Local Development Corporation is a nonprofit organization, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 7 grants totaling $1.8M. Net investment income was $338K.
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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 | $7,745,642 | $9,208,633 | $10,319,610 |
| Revenue | $482,939 | $227,239 | $121,180 |
| Expenses | $2,787,955 | $1,301,570 | $946,612 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $338,269 | $157,918 | $25,027 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTIE PARKER | TRUSTEE | 1 | — |
| MICHAEL CRAIN | TRUSTEE | 1 | — |
| CHARLES LAUERSDORF | TRUSTEE | 1 | — |
| JARED WILLIAMS | TRUSTEE | 1 | — |
| MACY HILL | TRUSTEE | 1 | — |
| CHRIS NETTLES | TRUSTEE | 1 | — |
| ELIZABETH BECK | TRUSTEE | 1 | — |
| CARLOS FLORES | TRUSTEE | 1 | — |
| JEANETTE MARTINEZ | TRUSTEE | 1 | — |
| GYNA BIVENS | PRESIDENT / CHAIRMAN | 1 | — |
| ALAN BLAYLOCK | VICE PRESIDENT | 1 | — |
| REGINALD ZENO | TREASURER | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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