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Also known as: C/O CNB BANK
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Forrest Family Foundation is a private corporation based in CARLSBAD, NM. The foundation received its IRS ruling in 1998. It holds total assets of $1.2M. Annual income is reported at $68K. Total assets have grown from $844K in 2011 to $1.2M in 2023. The foundation is governed by 2 officers and trustees. Provide financial support to 501(c)(3) organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New Mexico. According to available records, Forrest Family Foundation has made 7 grants totaling $151K, with a median grant of $10K. Annual giving has decreased from $100K in 2021 to $51K in 2022. Individual grants have ranged from $1K to $75K, with an average award of $22K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$20K
Largest Grant
$75K
Based on 5 grants from the most recent 990-PF filing.
Provide financial support to 501(c)(3) organizations
Expenses: $105K
Provide financial support to 501(c)(3) organizations. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NM.
Forrest Family Foundation has distributed a total of $151K across 7 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $1K to $75K.
Forrest Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Forrest Family Foundation is headquartered in CARLSBAD, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara J Forrest | SECRETARY | $0 | $0 | N/A |
| Robert J Forrest | PRESIDENT | $0 | $0 | N/A |
Total Giving
$113K
Total Assets
$1.2M
Fair Market Value
$1.5M
Net Worth
$1.2M
Grants Paid
$102K
Contributions
$391K
Net Investment Income
$74K
Distribution Amount
$67K
Total: $479K
Total Grants
7
Total Giving
$151K
Average Grant
$22K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carc IncGENERAL FUND | Carlsbad, NM | $50K | 2022 |
| Carlsbad Public SchoolsGENERAL FUND | Carlsbad, NM | $1K | 2022 |
| Lakeview Christian HomeGENERAL FUND | Carlsbad, NM | $10K | 2021 |
| Avalona RanchGENERAL FUND | Carlsbad, NM | $10K | 2021 |
| City Of CarlsbadGENERAL FUND | Carlsbad, NM | $3K | 2021 |
| Carlsbad Shrine ClubGENERAL FUND | Carlsbad, NM | $2K | 2021 |
SANTA FE, NM
SANTA FE, NM
SANTA FE, NM