Forman Fam Foundation Tr 12112013

Organization Overview

Forman Fam Foundation Tr 12112013 is located in Philadelphia, PA. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Forman Fam Foundation Tr 12112013 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 12/2021, Forman Fam Foundation Tr 12112013 generated $58.2k 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 (13.7%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Forman Fam Foundation Tr 12112013 has awarded 185 individual grants totaling $34,471,750. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $132
Dividends & Interest $58,391
Net Rental Income$0
Net Gain on Sale of Assets -$361
Capital Gain Net Income $2,622,333
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $58,162

Grants Awarded

Over the last fiscal year, Forman Fam Foundation Tr 12112013 has awarded $3,157,333 in support to 45 organizations.

Grant RecipientAmount

FORMAN ARTS INITIATIVE

PURPOSE: GRANT TO FAI FOR ARTWORKS INITIATIVE

$685,000

PHILADELPHIA MUSEUM OF ART

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: ENDOWMENT SUPPORT OF IT STARTS HERE:CAMPAIGN FOR THE PHILADELPHIA MUSEUM OF ART (INSTALLMENT 4 OF 5)

$500,000

COBBS CREEK RESTR & COMM FNDN

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION WHICH IS TO CREATE AN ALL-INCLUSIVE, STATE-OF-THE-ART GOLF CAMPUS THAT UNITES COMMUNITIES AND EDUCATES AND SHAPES THE LEADERS OF TOMORROW.

$333,333

PHILADELPHIA FOUNDATION

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: SUPPORT OF THE PHILADELPHIA EQUITY ALLIANCE FUND

$250,000

FRIENDS CENTRAL SCHOOL CORP

Org PageRecipient Profile

Wynnewood, PA

PURPOSE: SHALLCROSS REIMAGINED CAMPAIGN

$200,000

VETRI FOUNDATION FOR CHILDREN

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: VETRI COMMUNITY PARTNERSHIP PLEDGE

$150,000
View Grant Profile

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