Stephen And Rosamund Forrest Family Foundation
- Assets
- $3.5m
- Revenue
- $431.4k
- Investments
- $3.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-4284430
Organization Overview
Stephen And Rosamund Forrest Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephen And Rosamund Forrest Family Foundation 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 12/2023, Stephen And Rosamund Forrest Family Foundation generated $431.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $232.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stephen And Rosamund Forrest Family Foundation has awarded 184 individual grants totaling $1,435,333. 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 |
|---|---|---|---|
Aaron Forrest Dir | 1 | $0 | |
Jessica Forrest Dir | 1 | $0 | |
Rosamund Forrest Sec, Dir | 4 | $0 | |
Stephen R Forrest Dir, Pres, Treas | 4 | $0 | |
Timothy Forrest Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $303,676 |
| Interest on Savings | $6,729 |
| Dividends & Interest | $59,875 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,131 |
| Capital Gain Net Income | $339,580 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $431,411 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,237 |
| Total operating and administrative expenses | $46,096 |
| Contributions, gifts, grants paid | $186,000 |
| Total expenses and disbursements | $232,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $294,212 |
| 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 | $3,526,045 |
| 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, Stephen And Rosamund Forrest Family Foundation has awarded $186,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY IN ROME PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
AMERICAN ACADEMY OF ARTS AND SCIENCES PURPOSE: ANNUAL FUND TO SUPPORT SCIENCE, ENGINEERING AND TECHNOLOGY | $1,000 |
ARCHITECTURAL LEAGUE OF NEW YORK PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
BOYS & GIRLS CLUB OF CENTRAL NEW HAMPSHIRE INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
CERES INC PURPOSE: GENERAL & UNRESTRICTED | $500 |