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Forest Glen Impact Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $7.1M. Annual income is reported at $3.1M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Forest Glen Impact Foundation has made 27 grants totaling $665K, with a median grant of $20K. Annual giving has grown from $10K in 2020 to $215K in 2023. Grantmaking activity was highest in 2022 with $440K distributed across 18 grants. Individual grants have ranged from $10K to $70K, with an average award of $25K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in California, Tennessee, Illinois, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Forest Glen Impact Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in CA, TN, IL.
Forest Glen Impact Foundation has distributed a total of $665K across 27 grants. The median grant size is $20K, with an average of $25K. Individual grants have ranged from $10K to $70K.
Forest Glen Impact Foundation typically selects its grantees rather than accepting unsolicited proposals.
Forest Glen Impact Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Melinda Leah Nemec | Sec, Dir | $0 | $0 | N/A |
| Philip Andrew Nemec | Dir, Pres, Treas | $0 | $0 | N/A |
Total Giving
$235K
Total Assets
$4.6M
Fair Market Value
$4.6M
Net Worth
$4.6M
Grants Paid
$215K
Contributions
N/A
Net Investment Income
$62K
Distribution Amount
$231K
Total: $1.8M
Total Grants
27
Total Giving
$665K
Average Grant
$25K
Median Grant
$20K
Unique Recipients
9
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shaohannahs Hope IncGeneral & Unrestricted | Franklin, TN | $70K | 2023 |
| Second Harvest Of Silicon ValleyGeneral & Unrestricted | San Jose, CA | $40K | 2023 |
| Feeding AmericaGeneral & Unrestricted | Chicago, IL | $25K | 2023 |
| World VisionGeneral & Unrestricted | Federal Way, WA | $25K | 2023 |
| Conservation Society Of CaliforniaGeneral & Unrestricted | Oakland, CA | $15K | 2023 |
| Cityteam MinistriesGeneral & Unrestricted | San Jose, CA | $15K | 2023 |
| Monterey Bay Aquarium FoundationGeneral & Unrestricted | Monterey, CA | $15K | 2023 |
| Happy Hollow CorporationGeneral & Unrestricted | San Jose, CA | $10K | 2023 |
| Novo Mission IncSentWell - La Morada FUND | Anaheim, CA | $35K | 2022 |