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    <Timestamp>2011-05-13T16:26:18-07:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>EDITH E SMITH CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>3400 CHAPELWOOD DR</AddressLine1>
        <City>SUNNYVALE</City>
        <State>TX</State>
        <ZIPCode>751824006</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>364489504</EIN>
      <Name>
        <BusinessNameLine1>FAITH &amp; PHILANTHROPY INSTITUTE INC</BusinessNameLine1>
      </Name>
      <NameControl>FAIT</NameControl>
      <Phone>8178350271</Phone>
      <USAddress>
        <AddressLine1>400 FULLER WISER</AddressLine1>
        <City>EULESS</City>
        <State>TX</State>
        <ZIPCode>76039</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SHERRYE WILLIS</Name>
      <Title>PRESIDENT</Title>
      <Phone>8178350271</Phone>
      <DateSigned>2011-05-06</DateSigned>
    </Officer>
    <Preparer>
      <Name>EDITH E SMITH CPA</Name>
      <Phone>9726999006</Phone>
      <DatePrepared>2011-05-13</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <WebSite>www.fpiweb.org</WebSite>
      <Organization501c3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">X</Organization501c3>
      <GrossReceipts>143051</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>19950</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>122741</ProgramServiceRevenue>
      <MembershipDues>0</MembershipDues>
      <InvestmentIncome>11</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>0</GainOrLossFromSaleOfAssets>
      <GamingGrossIncome>0</GamingGrossIncome>
      <FundraisingGrossIncome>0</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>0</GroProfitLossSalesOfInventory>
      <OtherRevenueTotal>349</OtherRevenueTotal>
      <TotalRevenue>143051</TotalRevenue>
      <SalariesOtherCompEmplBenefits>54653</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>25459</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>13988</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>1423</PrintingPublicationsPostage>
      <OtherExpensesTotal>67483</OtherExpensesTotal>
      <TotalExpenses>163006</TotalExpenses>
      <ExcessOrDeficitForYear>-19955</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>66221</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>46266</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>44444</BOY>
        <EOY>37627</EOY>
      </CashSavingsAndInvestments>
      <OtherAssetsTotal>
        <BOY>22989</BOY>
        <EOY>14090</EOY>
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      <TotalAssets>
        <BOY>67433</BOY>
        <EOY>51717</EOY>
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      <SumOfTotalLiabilities>
        <BOY>1212</BOY>
        <EOY>5451</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>66221</BOY>
        <EOY>46266</EOY>
      </NetAssetsOrFundBalances>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <PrimaryExemptPurpose>SEE MISCELLANEOUS STATEMENT</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>ULTIMATE FINANCIAL AND LEGAL CONFERENCE - SEE ATTACHED</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>18996</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>$USTAIN.ABILITY...FUEL FOR YOUR FINANCIAL FUTURE SEE ATTACHED</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>2048</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>IGNITE GREATER WORKS COLLABORATION TRAINING SEE ATTACHED</DescriptionProgramServiceAccom>
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      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>SEE ATTACHED</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>69301</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>110222</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>SHERRYE WILLIS</PersonName>
        <AddressUS>
          <AddressLine1>400 FULLER WISER STE 124</AddressLine1>
          <City>EULESS</City>
          <State>TX</State>
          <ZIPCode>76039</ZIPCode>
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        <Title>PRESIDENT/DIRECTOR</Title>
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        <Compensation>30961</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>MIKE MCCOY</PersonName>
        <AddressUS>
          <AddressLine1>400 FULLER WISER STE 124</AddressLine1>
          <City>EULESS</City>
          <State>TX</State>
          <ZIPCode>76039</ZIPCode>
        </AddressUS>
        <Title>TREASURER/DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>MARCENE ROYSTER</PersonName>
        <AddressUS>
          <AddressLine1>400 FULLER WISER STE 124</AddressLine1>
          <City>EULESS</City>
          <State>TX</State>
          <ZIPCode>76039</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
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        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>NIKE LADAPO</PersonName>
        <AddressUS>
          <AddressLine1>400 FULLER WISER STE 124</AddressLine1>
          <City>EULESS</City>
          <State>TX</State>
          <ZIPCode>76039</ZIPCode>
        </AddressUS>
        <Title>SECRETARY/DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI referenceDocumentName="IRS990ScheduleC">false</OrganizationHadUBI>
      <OrganizationDissolvedEtc referenceDocumentName="IRS990ScheduleN BinaryAttachment">false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>SHERRYE WILLIS</NamePerson>
        <AddressUS>
          <AddressLine1>400 FULLER WISER 124</AddressLine1>
          <City>EULESS</City>
          <State>TX</State>
          <ZIPCode>76039</ZIPCode>
        </AddressUS>
        <TelephoneNumber>8178350271</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
    </IRS990EZ>
    <IRS990ScheduleA documentId="00000002" softwareId="10000104">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>33500</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>26910</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>34547</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>25384</CurrentTaxYearMinus1Year>
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        <Total>140291</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>69460</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>98589</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>124720</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>165063</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>122741</CurrentTaxYear>
        <Total>580573</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>102960</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>125499</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>159267</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>190447</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>142691</CurrentTaxYear>
        <Total>720864</Total>
      </Total509>
      <AmtsRecdFromDisqualPersons>
        <CurrentTaxYearMinus4Years>33500</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>25000</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>25000</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>20000</CurrentTaxYearMinus1Year>
        <Total>103500</Total>
      </AmtsRecdFromDisqualPersons>
      <SupportFromDQPsEtc>
        <CurrentTaxYearMinus4Years>33500</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>25000</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>25000</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>20000</CurrentTaxYearMinus1Year>
        <Total>103500</Total>
      </SupportFromDQPsEtc>
      <PublicSupportTotal509>617364</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>13</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>70</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>162</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>11</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>11</CurrentTaxYear>
        <Total>267</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>13</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>70</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>162</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>11</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>11</CurrentTaxYear>
        <Total>267</Total>
      </InvestmentIncomeAndUBTI>
      <OtherIncome509>
        <CurrentTaxYear>349</CurrentTaxYear>
        <Total>349</Total>
      </OtherIncome509>
      <TotalSupportTotal>
        <Total>721480</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.85570</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.79220</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00040</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.00040</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
      <FactsAndCircumstancesTest>OTHER INCOME PART III, LINE 12; DESCRIPTION: DEPRECIATION ADJUSTMENT; 2010: 349.;</FactsAndCircumstancesTest>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="00000003">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleO documentId="00000004" softwareId="10000104">
      <GeneralExplanation>
        <Explanation>990EZ PART 1 LINE 8- PRIOR YEAR DIFFERENCE IN TAX AND</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>BOOK DEPRECIATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt III, Line 31</Identifier>
        <Explanation>SEE MISCELLANEOUS STATEMENTS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 8</Identifier>
        <Explanation>PRIOR YEAR ADJUSTMENT 349.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 16</Identifier>
        <Explanation>DUES &amp; SUBSCRIPTIONS 1928. SUPPLIES 313. CREDIT CARD SERVICES 1598. TELEPHONE EXPENSE 5928. TRAVEL 1941. INTERNET/WEB EXPENSES 401. STORAGE EXPENSE 325. BANK CHARGES 15. EQUIPMENT RENTAL, REPAIR &amp; MAINTENANCE 339. FOOD FOR MEETINGS 12778. MARKETING AND PUBLIC RELATIONS 4893. MEETING EXPENSE 811. OFFICE EXPENSE 1414. TRAINING CURRICULUM/MATERIALS 2653. INSURANCE 3452. PARKING 20. TRAINING FACILITY RENTAL 665. VOLUNTEER/DONOR RECOGNITION 354. MEALS 850. BOOK/RESOURCES 66. TRAINING AUDIO/VISUAL 185</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part II, Line 24</Identifier>
        <Explanation>FURNITURE &amp; FIXTURES - NET 1570. 1471. DEPOSITS 719. 719. ACCOUNTS RECEIVABLE 20700. 11900.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part II, Line 26</Identifier>
        <Explanation>ACCOUNTS PAYABLE 696. 4746. PAYROLL TAX PAYABLE 516. 705.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part III, Line 4d</Identifier>
        <Explanation>ULTIMATE FINANCIAL AND LEGAL CONFERENCE IS A TWO DAY PROGRAM SEE MISC STATEMENT</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>OFFICE SUPPLIES CONTRACT LABOR DUES &amp; SUBSCRIPTIONS MARKETING &amp; PUBLIC RELATIONS BANK FEES BOARD AND STAFF TRAINING OFFICER LIABILITY INSURANCE SOFTWARE EXPENSE PROFESSIONAL FEES NEWSLETTER EXPENSE</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
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