Health Forward Foundation Inc
- Assets
- $1.1m
- Revenue
- $36.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- New Hartford, NY
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 15-6018016
Organization Overview
Health Forward Foundation Inc is located in New Hartford, NY. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Forward Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Health Forward Foundation Inc generated $36.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $86.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Health Forward Foundation Inc has awarded 59 individual grants totaling $344,804. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Paparella MPH Lnha Vice President/sec | 0.25 | $0 | |
Francis Mutolo II Treasurer | 0.25 | $0 | |
James Cesare MD Director | 0.25 | $0 | |
Kenneth S Williams Director | 0.25 | $0 | |
Rosemary Bonacci President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,887 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,891 |
| Capital Gain Net Income | $10,891 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,778 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,733 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,977 |
| Total operating and administrative expenses | $17,962 |
| Contributions, gifts, grants paid | $68,204 |
| Total expenses and disbursements | $86,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,035,767 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,084,705 |
| Accounts payable and accrued expenses | $1,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,500 |
Grants Awarded
Over the last fiscal year, Health Forward Foundation Inc has awarded $68,204 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES PURPOSE: GENERAL FUND | $10,000 |
ELDER LIFE DBA PARKWAY CENTER PURPOSE: GENERAL FUND | $2,500 |
HERKIMER COUNTY COMM COLL PURPOSE: GENERAL FUND | $2,000 |
HOSPICE CARE & PALLIATIVE CARE PURPOSE: GENERAL FUND | $825 |
HERKIMER BOCES PURPOSE: GENERAL FUND | $14,138 |
MOHAWK VALLEY INSTITUTE FOR LEARNING IN PURPOSE: GENERAL FUND | $5,800 |