Carl Forstmann Memorial Foundation
The Carl Forstmann Memorial Foundation is a private foundation based in Greenwich, Connecticut. Its 2025 filing reports charitable contributions to organizations including schools, arts organizations, environmental groups, and human-service organizations.
Carl Forstmann Memorial Foundation at a glance
In short: Carl Forstmann Memorial Foundation gave $124K across 39 grants in 2025 (avg $3K), top state Maryland. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $124,000
- +47.6% vs 2024
- Grants made (2025)
- 39
- +50.0% vs 2024
- Average grant
- $3,179
- -1.6% vs 2024
- Median grant
- $3,000
- Total assets
- $1,142,360
- +7.7% vs 2024
- New grantees (estimate)
- 28% first-time grantees (11 of 39, 2025)
- Primary geography
- Maryland (24% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Carl Forstmann Memorial Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 30 Old Mill Road, Greenwich, CT 06831
Phone: (203) 629-2368
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Carl Forstmann Memorial Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Alexander Twilight Academy ($10K). Together the top 10 received $63K.
Grant Size Distribution
125 grants across all recorded years
The most common grant size was under $50K: 125 grants of 125 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grant-dollar distribution was concentrated in Maryland (24%), Massachusetts (22%), Connecticut (15%), New York (14%), and Illinois (5%). Grants also went to organizations in other states, including Washington and South Dakota.
Grant Distribution by State
Share of 2025 grant dollars across all 39 itemized grants.
States
Cities
Is Carl Forstmann Memorial Foundation open to new grantees?
28%
first-time grantees, 2025
In 2025, 11 of 39 grantees (28%) were first-time recipients. First grants averaged $3K; repeat grants $3K. How we count
Medians: $3K first-time, $3K repeat.
- 59% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 234% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $76K (2020) to $124K (2025). In 2025 it made 39 grants totaling $124K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alexander Twilight Academy Boston, MA | Charitable Contribution | $10,000 |
| Chesapeake Charities Stevensville, MD | Charitable Contribution | $10,000 |
| Waldorf School of Lexington Lexington, MA | Charitable Contribution | $8,000 |
| Chestertown River Arts Chestertown, MD | Charitable Contribution | $6,000 |
| Standearth Bellingham, WA | Charitable Contribution | $6,000 |
| Lakota Waldorf School Kyle, SD | Charitable Contribution | $5,000 |
| Woodwell Climate Research Center Falmouth, MA | Charitable Contribution | $5,000 |
| Stone Barns Center Pocantico Hills, NY | Charitable Contribution | $5,000 |
| Digs with Dignity Chicago, IL | Charitable Contribution | $4,000 |
| Parks & Trails New York Albany, NY | Charitable Contribution | $4,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,142,360 | $95,556 | $143,455 | $124,000 | 39 | $124,000 | $84,527 | $53,080 |
| 2024 | $1,060,906 | $111,116 | $104,448 | $84,000 | 26 | $84,000 | $100,889 | $48,168 |
| 2023 | $952,078 | $53,417 | $105,557 | $82,000 | 29 | $82,000 | $44,251 | $41,779 |
| 2022 | $899,411 | $21,248 | $14,641 | — | — | — | $10,874 | $48,483 |
| 2021 | $1,075,553 | $167,193 | $92,815 | $76,000 | 31 | $76,000 | $155,676 | $48,201 |
| 2020 | $969,715 | $91,977 | $87,720 | $76,000 | 33 | — | $82,238 | $47,273 |
Under IRS private-foundation payout rules, Carl Forstmann Memorial Foundation reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2025 grants included support for organizations with varied missions. For example, Chesapeake Charities describes its mission as providing leadership and services that encourage charitable giving and build community resources. Woodwell Climate Research Center says it conducts climate science and works with partners to inform policy and decision-making. Transportation Alternatives describes its mission as making New York City streets safer, more sustainable, and more equitable.
Other grantees describe work in parks and trails, furnishing homes for people experiencing homelessness, providing food to nonprofit organizations serving people facing hunger, and assisting hungry, homeless, and addicted people in Fairfield County.
Grantmaking
In 2025, the foundation reported 39 grants totaling $124,000. Grants ranged from $1,000 to $10,000, with a median of $3,000. Among the largest were $10,000 each to Alexander Twilight Academy and Chesapeake Charities, and $8,000 to Waldorf School of Lexington. Other reported grants included $6,000 to Chestertown River Arts and Standearth, and $5,000 each to Lakota Waldorf School, Woodwell Climate Research Center, and Stone Barns Center.
Additional 2025 grants included $4,000 each to Digs with Dignity, Parks & Trails New York, and Transportation Alternatives; $3,500 each to Bridgeport Rescue Mission and The Food Bank of Lower Fairfield County; and $3,000 to the Indiana University Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Christina Giammalva as president; Cecily Lyle as secretary; Victoria Arnold, Mia Moran, Sarah Lyle, Stephen Lyle, Elissa Moran, and Tony Forstmann as trustees; and Steve Wilson as advisor.
Carl Forstmann Memorial Foundation is led by Christina Giammalva, President on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Christina Giammalva
President
On filings since 2020
2 hrs/week
No compensation reported
Elissa Moran
Trustee
On filings since 2020
1 hr/week
No compensation reported
Mia Moran
Trustee
On filings since 2020
1 hr/week
No compensation reported
Sarah Lyle
Trustee
On filings since 2020
1 hr/week
No compensation reported
Stephen Lyle
Trustee
On filings since 2020
1 hr/week
No compensation reported
Tony Forstmann
Trustee
On filings since 2020
1 hr/week
No compensation reported
Victoria Arnold
Trustee
On filings since 2020
1 hr/week
No compensation reported
Cecily Lyle
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Steve Wilson
Advisor
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Carl Forstmann Memorial Foundation
How much does Carl Forstmann Memorial Foundation give each year?
Carl Forstmann Memorial Foundation gave $124K across 39 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $84K across 26 grants.
What is Carl Forstmann Memorial Foundation's typical grant size?
Carl Forstmann Memorial Foundation's median grant in 2025 was $3,000, and its average grant was $3,179, across 39 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Carl Forstmann Memorial Foundation that year got $3K on average.
Where does Carl Forstmann Memorial Foundation give grants?
Carl Forstmann Memorial Foundation's top state is Maryland, with 24% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (22%) and Connecticut (15%). The most frequent recipient cities were Chestertown, MD (5 grants), Stamford, CT (3 grants), Chicago, IL (2 grants) and New York, NY (2 grants).
Who are Carl Forstmann Memorial Foundation's largest grantees?
Carl Forstmann Memorial Foundation's largest 2025 grantees include Alexander Twilight Academy ($10,000), Chesapeake Charities ($10,000) and Waldorf School of Lexington ($8,000), according to its 2025 IRS Form 990-PF. Together they received 23% of its itemized 2025 grant dollars.
How large is Carl Forstmann Memorial Foundation?
Carl Forstmann Memorial Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $124K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).
What does Carl Forstmann Memorial Foundation fund?
The available information does not state a mission for the foundation. Its 2025 grants included support for organizations with varied missions. For example, Chesapeake Charities describes its mission as providing leadership and services that encourage charitable giving and build community resources. See mission & focus areas ↑
How do I apply for a grant from Carl Forstmann Memorial Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Carl Forstmann Memorial Foundation's EIN?
Carl Forstmann Memorial Foundation's EIN (Employer Identification Number) is 22-6042706. IRS Form 990 filing data is available on this page for 2020–2025.
Does Carl Forstmann Memorial Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 10, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Carl Forstmann Memorial Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/carl-forstmann-memorial-foundation-morg_a838786fc6374feabfb801876571d453
BibTeX
@misc{grantable_226042706_2026,
author = {{Grantable}},
title = {{Carl Forstmann Memorial Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/carl-forstmann-memorial-foundation-morg_a838786fc6374feabfb801876571d453},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Carl Forstmann Memorial Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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