EIN 39-1571083

Forward Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1986
Most recent tax filings
2024-02-01
Description
The Forward Foundation encourages economic development through marketing and promotion of activities that attract new industries to Janesville. It is a part of the joint-county Rock County 5.0 Project, which aims to improve the area's economic condition through five strategies: Business Retention & Expansion, Business & Investment Attraction, Real Estate Positioning, Innovation & Entrepreneurship, and Talent & Education.
Related structure
Forward Foundation is a subordinate organization under Forward Janesville.
Total revenues
$978,936
2024
Total expenses
$665,609
2024
Total assets
$2,344,364
2024
Num. employees
0
2024

Program areas at Forward Foundation

Economic Development: the purpose is to encourage economic development by marketing & promoting activities aimed at attracting new industries to Janesville.
Rock County 5.0 Project: This is a joint-county effort to improve the economic condition of the area. This effort will consist of 5 economic development strategies - Business Retention & Expansion, Business & Investment Attraction, Real Estate Positioning, Small Business & Entrepreneurship, & Workforce Profiling.
Woodman's Sports & Convention Center: the purpose is to encourage development of the sports & convention center by marketing & promoting activities.

Grants made by Forward Foundation

GranteeGrant descriptionAmount
Forward JanesvilleGeneral Operating Support$86,200
Downtown JanesvilleGeneral Operating Support$40,000

Who funds Forward Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Janesville FoundationJanesville Business Hub- Start Up Expenses$50,000
Kennedy Family FoundationCommunity Support$40,000
Barry and Marci Brandt Family FoundationBusiness Hub Formation and Vison Forward Program$25,000
...and 5 more grants received

Financials for Forward Foundation

RevenuesFYE 02/2024
Total grants, contributions, etc.$866,710
Program services$183,055
Investment income and dividends$30
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-10,417
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-60,442
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$978,936
Data update history
March 29, 2025
Posted financials
Added Form 990 for fiscal year 2024
March 25, 2025
Updated personnel
Identified 2 new personnel
November 26, 2024
Received grants
Identified 7 new grant, including a grant for $50,000 from Janesville Foundation
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $1,500 from Baird Foundation
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsPolitical advocacyLobbyingFundraising eventsPeer-to-peer fundraisingState / local levelFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
14 S Jackson St 200
Janesville, WI 53548
Metro area
Janesville-Beloit, WI
County
Rock County, WI
Phone
(608) 757-3160
IRS details
EIN
39-1571083
Fiscal year end
February
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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