Family Generations Foundation Inc
To carry out the great commission through support of missions, mercy and education to reach the world for christ.
Family Generations Foundation Inc at a glance
In short: Family Generations Foundation Inc gave $2.9M across 1 grant in 2025 (avg $2.9M), mostly in Georgia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,863,500
- +24.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,863,500
- +24.0% vs 2024
- Median grant
- $2,863,500
- Total assets
- $45,546
- -96.3% vs 2024
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Family Generations Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was National Christian Charitable Foundation Inc ($2.9M).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Family Generations Foundation Inc gives
- Giving grew 200% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $956K (2022) to $5.4M (2023). In 2025 it made 1 grant totaling $2.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Christian Charitable Foundation Inc Alpharetta, GA | Support | $2,863,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $45,546 | $1,680,002 | $2,863,560 | $2,863,500 | 1 | $21,640 |
| 2024 | $1,229,104 | $2,611,665 | $2,310,080 | $2,310,000 | 1 | $2,453 |
| 2023 | $927,519 | $6,370,382 | $5,445,325 | $5,445,290 | 1 | $28,240 |
| 2022 | $2,552 | $956,808 | $955,590 | $955,500 | 1 | — |
| 2021 | $1,245 | — | — | — | — | — |
| 2020 | $1,245 | — | $6,500 | — | — | — |
About Family Generations Foundation Inc
Based on IRS filings
Family Generations Foundation Inc is a public charity, based in Alpharetta, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $46K in total assets. In 2025, it awarded 1 grant totaling $2.9M. Net investment income was $22K.
Leadership & Key People
Officers and directors from IRS filings
Family Generations Foundation Inc is led by Paul W. Forbes, President & Director on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Paul W. Forbes
President & Director
On filings since 2020
1 hr/week
No compensation reported
Jerry D. Wells
Director
On filings since 2020
1 hr/week
No compensation reported
Kay K. Hill
Director
On filings since 2020
1 hr/week
No compensation reported
M. Ben Manis
Director
On filings since 2020
1 hr/week
No compensation reported
Thomas A. Hill
Director
On filings since 2020
1 hr/week
No compensation reported
Stefany Sargent
Director
On filings since 2024
1 hr/week
No compensation reported
Karen J. Jonas
Secretary, Treasurer & Director
New on the 2025 filing
1 hr/week
No compensation reported
Kimberley M. Klustner
Former Secretary & Treasurer
Secretary, Treasurer & Director → Director, 2023
Director → Former Secretary & Treasurer, 2025
On filings since 2020
No compensation reported
Dana E. Ring
Former Secretary & Treasurer
Secretary & Treasurer → Former Secretary & Treasurer, 2025
On filings since 2022
No compensation reported
Former officers (7)
- Former: Kelly Shepard (2023–2024) — Former Secretary, Treasurer & Director
- Former: Dana E. Ring Partial Yr (2024) — Secretary & Treasurer
- Former: Karen Jjonas Partial Yr (2024) — Secretary, Treasurer & Director
- Former: Kimberley M. Klustner Partial Yr (2024) — Director
- Former: Stefany Sargent Partial Year (2023) — Director
- Former: Steven H. Harris Jrpartial Yr (2023) — Director
- Former: Steven H. Harris Jr. (2020–2022) — Director
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 Family Generations Foundation Inc
How much does Family Generations Foundation Inc give each year?
Family Generations Foundation Inc gave $2.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.3M across 1 grant.
How large is Family Generations Foundation Inc?
Family Generations Foundation Inc reported $46K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.7M.
Where does Family Generations Foundation Inc operate?
Family Generations Foundation Inc has awarded grants in Georgia.
What is Family Generations Foundation Inc's EIN?
Family Generations Foundation Inc's EIN (Employer Identification Number) is 47-5275550. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-EZ for fiscal year 2020 (received by the IRS September 10, 2021)
- Updated Form 990-EZ for fiscal year 2021 (received by the IRS June 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 26, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 18, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 10, 2026)
- IRS filings on file for fiscal years 2020–2025
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