DR FRANK FORMAN AND CARRIE FORMAN MEMORIAL FUND
PO BOX 2303, WACO, TX 76703

Total Revenue
$115,775
Total Expenses
$28,333
Net Assets
$468,829

Organizations Filed Purposes: CREATED UNDER THE WILL OF MRS. CARRIE FORMAN WHICH LEFT ALL OF HER PROCESSIONS TO THIS CHARITABLE TRUST FOR THE BENEFIT OF FIRST PRESBYTERIAN CHUCH OF WACO,TX. UPON REQUEST BY THE CHURCH OR DISCRETION OF THE TRUSTEE, ACCUMULATIONS OF INCOME ARE PAID TO THE CHURCH FROM THE CHARITABLE TRUST. DISTRIBUTIONS MUST BE MADE AT LEAST ANNUALLY TO THE CHURCH. MRS. FORMAN'S WILL APPOINTED CHURCH TRUSTEES TO RECEIVE THE DITRIBUTIONS FROM THE TRUST AND TO PAY THEM OUT FOR THE FOLLOWING CHARITABLE PURPOSES: 1)$500 ANNUALLY TO THE BENEVOLENT BUDGET OF THE CHURCH, 2)AT THE DISCRETION OF THE CHURCH TRUSTESS,THEY SHALL SELECT WORTHY RECIPIENTS OF COLLEGE SCHOLARSHIPS, 3)AT THE CHURCH TRUSTEES'DISCRETION,THEY MAY USE THE FUNDS FOR THE RELIEF OF INDIVIDUAL HARDSHIP OR CHARITY CASES REFERRED TO THE CHURCH TRUSTEES BY THE PASTOR AND BENCH OF ELDERS OF THE CHURCH,AND 4)IF FUNDS ARE AVAILABLE,THE CHURCH TRUSTEES MAY MAKE GIFTS TO AUSTIN COLLEGE FOR SCHOLARSHIPS ONLY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Bethany BadeauxTRUSTEE10$0
Robert GraysonREPRESENTATIVE1$0
David SmithREPRESENTATIVE1$0
Paul HerringREPRESENTATIVE1$0
Catherine McpheeREPRESENTATIVE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201920749349301412_public.xml