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  4. Forman Family Foundation
EIN 38-7106076

Forman Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Philadelphia
State
Pennsylvania
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Forman Family Foundation is a private foundation that supported 27 grants last year. The foundation is located in Philadelphia, PA and its grantees include the Philadelphia Museum of Art. The foundation is supported by Michael Forman.
Also known as...
Michael Forman and Jennifer Rice Ttee
Total revenues
$2,445,200
2023
Total expenses
$2,179,496
2023
Total assets
$48,460,122
2023
Num. employees
0
2023

Program areas at Forman Family Foundation

Reimbursement of funds connected to self-dealing

Grants made by Forman Family Foundation

GranteeGrant descriptionAmount
The Cobbs Creek Restoration and Community FoundationSupport of the Campaign for the Cobbs Creek Restoration and Community Foundation.$666,667
Drexel UniversitySupport of the Cara K. Fry University Endowment and Enhancing the Universitys Art Collections$50,000
Metropolitan Museum of ArtSupport the Cecily Brown Exhibition$25,000
...and 6 more grants made

Personnel at Forman Family Foundation

NameTitleCompensation
Thomas TralaTreasurer and Secretary$37,855
Michael FormanTrustee$0

Financials for Forman Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$679,763
Net rental income$0
Net gain from sale of non-inventory assets$1,762,112
Gross sales of inventory$0
Miscellaneous revenues$3,325
Total revenues$2,445,200

Form 990s for Forman Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-11-14990PFView PDF
2021-122022-11-15990PFView PDF
2020-122023-02-06990PFView PDF
2020-122022-01-31990PFView PDF
...and 7 more Form 990s

Organizations like Forman Family Foundation

OrganizationLocationRevenue
Brian P Friedman Family FoundationEast Hampton, NY$866,533
The Robbins FoundationHouston, TX$631,687
Maurice Walk Fine Arts FoundationWayzata, MN$947,728
The Tillerson FoundationAlbany, NY$2,303,717
The Nasher FoundationForney, TX$5,523,632
The Cheryl and David Gross FoundationClifton, NJ$2,585,005
The Ora Foundation 009090-000Wilmington, DE$2,751,220
The ROS FoundationGreenfield, WI$2,217,092
Eden Charitable FoundationPalmetto, GA$7,867,602
Walker FoundationEdmonds, WA$707,431
Data update history
January 18, 2024
Posted financials
Added Form 990PF for fiscal year 2022
June 18, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 26, 2023
Updated personnel
Identified 1 new personnel
May 20, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
201 Rouse Blvd
Philadelphia, PA 19112
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Phone
(215) 495-1160
IRS details
EIN
38-7106076
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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