Texas · Public charity
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.
- $991k
- Granted FY2025(still arriving)
- 4
- Grants FY2025
- 7
- Organizations funded FY2024
- 71%
- First-time grantees FY2024
- Median grant, FY2025
- $108,500
- Largest grant, FY2025
- $765,000
- Organizations funded a year
- 1 to 7
- FY2021 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $6.9M
How open it is to new grantees
In FY2024, 71% of the organizations Fort Worth Local Development Corporation funded were first-time grantees, receiving 95% of its grant dollars.
New vs renewed · share of each year
In FY2024, 5% of grant dollars renewed an existing relationship; $1.7M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 4 | $991k | 25% |
| FY2024 | 7 | $1.8M | 71% |
| FY2023 | 3 | $121k | 100% |
| FY2021 | 1 | $1.0M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2025.
Top grantees
Largest recipients by total granted, FY2021 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| City of Fort Worth | $1,765,000 | 2 | n/a |
| City of Fort Worth (Development Services and Tpw) | $1,600,000 | 1 | n/a |
| Fort Worth Hispanic Chamber of Commerce Inc | $198,500 | 3 | 5% |
| Southeast Fort Worth Inc | $120,000 | 3 | n/a |
| The Dallas Ec | $87,500 | 1 | n/a |
| Cowtown Segway | $40,970 | 1 | n/a |
| La'Cremian | $37,224 | 1 | n/a |
| Barber's Bookstore | $31,414 | 1 | n/a |
| National Main Street Center Inc | $31,155 | 1 | 0% |
| David Dalton Salon | $27,597 | 1 | n/a |
Compare Fort Worth Local Development Corporation with peer funders
About Fort Worth Local Development Corporation
- How much does Fort Worth Local Development Corporation give?
- Fort Worth Local Development Corporation reported 4 grants totaling $991,000 in its FY2025 IRS filing. It funded between 1 and 7 organizations a year over FY2021 to FY2024.
- What does Fort Worth Local Development Corporation fund?
- By grant dollars over FY2021 to FY2025, its largest causes are Recreation & Sports (41%), Community Improvement (36%), Public Safety & Disaster (23%).
- Who are Fort Worth Local Development Corporation's largest grantees?
- By total granted over FY2021 to FY2025: City of Fort Worth ($1.8M), City of Fort Worth (Development Services and Tpw) ($1.6M), Fort Worth Hispanic Chamber of Commerce Inc ($199k).
- Does Fort Worth Local Development Corporation fund new organizations?
- In FY2024, 71% of the organizations it funded were first-time grantees.
- Where is Fort Worth Local Development Corporation based?
- Fort Worth Local Development Corporation is based in TX.
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