Forward Vision
- Assets
- $22.4m
- Revenue
- $458.3k
- Investments
- $4.7m
- Employees
- 0
- Location
- Scarsdale, NY
- Founding
- 04/2013
- Data as of
- 12/2022
- EIN
- 61-1699880
Organization Overview
Forward Vision is located in Scarsdale, NY. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Forward Vision 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, Forward Vision generated $458.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Forward Vision has awarded 130 individual grants totaling $13,279,299. 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 |
|---|---|---|---|
Andrew Feldstein Director - Co-President | 2 | $0 | |
Jane Veron Co-President - Treasurer | 2 | $0 | |
Richard Veron Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,636 |
| Dividends & Interest | $676,331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$236,624 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $458,343 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $160 |
| Taxes | $61,931 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $62,841 |
| Contributions, gifts, grants paid | $1,209,036 |
| Total expenses and disbursements | $1,271,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,738,703 |
| 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 | $1,170,459 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,448,022 |
| 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, Forward Vision has awarded $1,209,036 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S AID SOCIETY PURPOSE: PROVIDING SUPPORT TO CHILDREN, YOUTH AND FAMILES IN NYC. | $5,000 |
FIDELITY CHARITABLE GIFT FUND PURPOSE: GENERAL PURPOSES | $869,986 |
GEORGETOWN UNIVERSITY PURPOSE: ACADEMIC ENRICHMENT | $3,000 |
HARVARD BUSINESS SCHOOL PURPOSE: HBS FUND | $5,000 |
HARVARD UNIVERSITY - KENNEDY SCHOOL OF GOVERNMENT PURPOSE: WOMEN'S INITIATIVES OF THE WOMEN AND PUBLIC POLICY PROGRAM | $10,000 |
REGIONAL PLAN ASSOCIATION PURPOSE: GENERAL PURPOSES | $23,250 |