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Fors Family Foundation is a private 0 based in CLARENCE, NY. The foundation received its IRS ruling in 2005. It holds total assets of $2.3M. Annual income is reported at $1.2M. Total assets have grown from $1.1M in 2011 to $2.2M in 2023. 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 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Fors Family Foundation has made 9 grants totaling $767K, with a median grant of $40K. Annual giving has grown from $47K in 2020 to $240K in 2023. Grantmaking activity was highest in 2022 with $480K distributed across 4 grants. Individual grants have ranged from $2K to $200K, with an average award of $85K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$54K
Largest Grant
$220K
Based on 5 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.
Fors Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY.
Fors Family Foundation has distributed a total of $767K across 9 grants. The median grant size is $40K, with an average of $85K. Individual grants have ranged from $2K to $200K.
Fors Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Fors Family Foundation is headquartered in CLARENCE, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew Fors | TRUSTEE | $0 | $0 | N/A |
| Richard Fors Iii | TRUSTEE | $0 | $0 | N/A |
| Christopher Fors | TRUSTEE | $0 | $0 | N/A |
Total Giving
$258K
Total Assets
$2.2M
Fair Market Value
$2.2M
Net Worth
$2.2M
Grants Paid
$240K
Contributions
N/A
Net Investment Income
$63K
Distribution Amount
$100K
Total: $652K
Total Grants
9
Total Giving
$767K
Average Grant
$85K
Median Grant
$40K
Unique Recipients
3
Most Common Grant
$40K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Roswell Park Alliance FoundationGENERAL CONTRIBUTION | Buffalo, NY | $200K | 2023 |
| Bison Children'S Scholarship FundGENERAL CONTRIBUTION | Buffalo, NY | $40K | 2023 |
| Cornell University - School Of Hotel AdministrationHOTEL SCHOOL ANNUAL FUND | Ithaca, NY | $5K | 2020 |