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Forman Fam Foundation Trust 12112013 is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2014. The principal officer is Michael C Forman. It holds total assets of $51.7M. Annual income is reported at $2.6M. Total assets have grown from $5.5M in 2013 to $51.7M in 2024. The foundation is governed by 3 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 2015 to 2024. Grantmaking is concentrated in Pennsylvania. According to available records, Forman Fam Foundation Trust 12112013 has made 110 grants totaling $43.3M, with a median grant of $25K. Annual giving has decreased from $26.2M in 2020 to $17.1M in 2022. Individual grants have ranged from $1K to $12.5M, with an average award of $394K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in Pennsylvania, Missouri, New York, which account for 96% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$15K
Average Grant
$70K
Largest Grant
$685K
Based on 45 grants from the most recent 990-PF filing.
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.
Forman Fam Foundation Trust 12112013 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 110 grants. Its grantmaking reaches organizations primarily in PA, MO, NY.
Forman Fam Foundation Trust 12112013 has distributed a total of $43.3M across 110 grants. The median grant size is $25K, with an average of $394K. Individual grants have ranged from $1K to $12.5M.
Forman Fam Foundation Trust 12112013 typically selects its grantees rather than accepting unsolicited proposals.
Forman Fam Foundation Trust 12112013 is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Trala | TREASURER/SECRETARY | $38K | $0 | $38K |
| Michael C Forman | TRUSTEE | $0 | $0 | N/A |
| Jennifer S Rice | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$51.7M
Fair Market Value
N/A
Net Worth
$51.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
110
Total Giving
$43.3M
Average Grant
$394K
Median Grant
$25K
Unique Recipients
39
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Forman Arts InitiativeGRANT TO FAI FOR ART PURCHASE | Philadelphia, PA | $5.5M | 2022 |
| Philadelphia Museum Of ArtENDOWMENT SUPPORT OF IT STARTS HERE:CAMPAIGN FOR THE PHILADELPHIA MUSEUM OF ART (INSTALLMENT 5OF 5) | Philadelphia, PA | $500K | 2022 |
| The Cat CollaborativeGENERAL SUPPORT | Philadelphia, PA | $165K | 2022 |
| Vetri Community PartnershipVETRI COMMUNITY PARTNERSHIP PLEDGE (INSTALLMENT 3 OF 3) | Philadelphia, PA | $150K | 2022 |
| Big Picture PhiladelphiaBPP PLEDGE TO SUPPORT REAL WORLD LEARNING PROGRAM FOR STUDENTS AT EL CENTRO DE ESTUDIANTES (INSTALLMENT 2 OF 2) | Philadelphia, PA | $100K | 2022 |
| Washington UniversitySUPPORT CHANCELLOR'S FUND FOR EXCELLENCE | St Louis, MO | $100K | 2022 |
| Philadelphia ContemporaryGRANT TO SUPPORT THEASTER GATES PROGRAMMING AT DREXEL | Philadelphia, PA | $60K | 2022 |
| Creative TimeSUPPORT FOR CHARLES GAINES' PROJECT 'THE AMERICAN MANIFEST' | New York, NY | $55K | 2022 |
| Women'S WayGENERAL SUPPORT | Philadelphia, PA | $50K | 2022 |
| Teach For America Greater PhiladelphiaLEADERSHIP GIVING CHOICE (INSTALLMENT 1 OF 2) | San Francisco, CA | $50K | 2022 |
| Philadelphia Youth BasketballCAPITAL PLEDGE TO SUPPORT PYB'S EFFORT TO CONSTRUCT THE ALAN HORWITZ SIXTH MAN CENTER (3 OF 3 INSTALLMENTS) | Philadelphia, PA | $50K | 2022 |
| Center City District FoundationSUPPORT FOR CENTER CITY RECOVERY | Philadelphia, PA | $50K | 2022 |
| Rodeph Sholom CongregationENDOWMENT CAMPAIGN - SUPPORT THE SYNAGOGUE | Philadelphia, PA | $50K | 2022 |
| Revolution SchoolSUPPORT OF MISSION TO PROMOTE EXPERIENTIAL LEARNING, DIVERSITY, INNOVATION AND COMMUNITY | Philadelphia, PA | $25K | 2022 |
| Community College Of Philadelphia FoundationGENERAL SUPPORT | Philadelphia, PA | $25K | 2022 |
| Education Law CenterGENERAL SUPPORT | Philadelphia, PA | $22K | 2022 |
| Abortion Liberation Fund Of PaGENERAL SUPPORT | Philadelphia, PA | $15K | 2022 |
| Independence Historical TrustSUPPORT VISION FRAMEWORK FOR THE HISTORICAL DISTRICT IN PHILADELPHIA. SUPPORT ASSISTANCE WILL ENABLE THE TRUST TO BEGIN PREPARING FOR THE CELEBRATION OF THE SEMIQUINCENTENNIAL IN 2026. | Philadelphia, PA | $13K | 2022 |
| The Philadelphia SchoolGENERAL SUPPORT | Philadelphia, PA | $10K | 2022 |
| Dia Center For The Arts IncGENERAL SUPPORT | New York, NY | $10K | 2022 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA