Forest Foundation
- Assets
- $12.6k
- Revenue
- -$1.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Des Plaines, IL
- Founding
- 09/1963
- Data as of
- 10/2020
- EIN
- 36-6109980
Organization Overview
Forest Foundation is located in Des Plaines, IL. The organization was established in 1963. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART EDUCATION AND COMMUNITY OUTREACH TO IMPROVE THE SOCIAL CONDITION OF THE WORLD AT THE COMMUNITY LEVEL BY PROMOTING A PLATFORM FOR CONTEMPORARY ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Tobin President | 10 | $0 | |
Ashley Hollister Executive Director | 5 | $0 | |
Shana Majmudar Treasurer/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,282 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,931 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,033 |
| Total operating and administrative expenses | $12,033 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $12,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,581 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,581 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Forest Foundation has awarded $3,900 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Goleta, CA PURPOSE: IN SUPPORT OF THE CHANNING PEAK SHOW | $3,000 |
VANDERLIP HERITAGE FUND PURPOSE: SUPPORT FOR ART WORKSHOPS, MUSIC, AND GARDENING PROGRAMS | $500 |
Santa Barbara, CA PURPOSE: SUPPORT FOR GENERAL OPERATIONS | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ozarks Coca-Cola Dr Pepper Bottling Company Group Health Care Trust Springfield, MO | $7,831,308 | $12,060,028 |
Ascension St John Foundation St Louis, MO | $103,759,239 | $15,321,918 |
Local Unions No 19 & 127 Health And Welfare Fund Milwaukee, WI | $5,120,951 | $9,222,695 |
Truman Medical Center Charitable Foundation Kansas City, MO | $28,332,798 | $9,393,864 |
St John Health System Foundation Inc St Louis, MO | $83,967,930 | $10,002,573 |
Board Of Trustees Grand Charity Fund Grand Lodge Of Iowa A F & A M Bettendorf, IA | $8,195,762 | $6,393,688 |
Mercy Health Foundation Springfield Springfield, MO | $38,275,531 | $1,985,040 |
Northern Illinois & Iowa Laborers Health & Welfare Trust Rock Island, IL | $41,445,522 | $10,740,192 |
Wilson Trailer Company Employee Health Care Fund Sioux City, IA | $3,702,080 | $7,031,035 |
Lions Insurance Company Indianapolis, IN | $32,736,482 | $6,324,847 |
Central Iowa Sheet Metal Health Fund Trust Des Moines, IA | $12,409,526 | $7,137,658 |
Carle Cancer Institute Normal Llc Urbana, IL | $1,112,312 | $5,871,210 |