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Forth Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2007. The principal officer is % Felicia Sterlacci. It holds total assets of $3.6M. Annual income is reported at $2.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Forth Foundation has made 11 grants totaling $1.4M, with a median grant of $60K. Annual giving has grown from $58K in 2021 to $332K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 6 grants. Individual grants have ranged from $3K to $440K, with an average award of $131K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in District of Columbia and New York. Contributions to this foundation are tax-deductible.
Forth Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in DC, NY.
Forth Foundation has distributed a total of $1.4M across 11 grants. The median grant size is $60K, with an average of $131K. Individual grants have ranged from $3K to $440K.
Forth Foundation typically selects its grantees rather than accepting unsolicited proposals.
Forth Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank J Amato | TREASURER | $0 | $0 | $0 |
| Hutham S Olayan | PRESIDENT | $0 | $0 | $0 |
| Felicia Sterlacci | SECRETARY | $0 | $0 | $0 |
| Robert F Raucci | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$347K
Total Assets
$2.7M
Fair Market Value
$2.7M
Net Worth
$2.7M
Grants Paid
$332K
Contributions
$0
Net Investment Income
$38K
Distribution Amount
$141K
Total Grants
11
Total Giving
$1.4M
Average Grant
$131K
Median Grant
$60K
Unique Recipients
6
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anera (American Near East Refugee Aid) - Sama ProjectREFUGEE AID | Washington, DC | $200K | 2023 |
| Anera (American Near East Refugee Aid) - Soha ProjectREFUGEE AID | Washington, DC | $132K | 2023 |
| The Graduate Center Foundation IncEDUCATION | New York, NY | $60K | 2022 |
| Hospital For Special SurgeryMEDICAL | New York, NY | $25K | 2022 |
| Madison Square Park ConservancyTO PROVIDE MISSION SUPPORT | New York, NY | $25K |
Other foundations that have funded Forth Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| The Morningstar Philanthropic Foundation | $50K | 2023 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $33K | 2023 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $30K | 2023 | GENERAL CHARITABLE PURPOSES |
| Franklin Weinberg Fund | $4K | 2023 | CHARITABLE |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2021 |
| Columbia Business SchoolEDUCATION | New York, NY | $3K | 2021 |
| The Morningstar Philanthropic Foundation |
| $45K |
| 2022 |
| GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $45K | 2022 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $25K | 2022 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $25K | 2022 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $5K | 2022 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $5K | 2022 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $325K | 2021 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $25K | 2021 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $20K | 2021 | GENERAL CHARITABLE PURPOSES |
| The Morningstar Philanthropic Foundation | $350K | 2020 | GENERAL CHARITABLE PURPOSES |
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