Forerunner Federation is a private foundation focused on Education, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 21 grants totaling $9K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25K
-92.9% YoY
Annual Giving
$9K
-19.4% YoY
Grant Count
21
-40.0% YoY
Avg Grant Size
$421.81
+34.3% YoY
About Forerunner Federation
Based on IRS filings
Forerunner Federation is a private foundation focused on Education, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 21 grants totaling $9K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,589 | $347,263 | $249,186 |
| Revenue | $18,400 | $20,957 | $34,656 |
| Expenses | $23,282 | $19,515 | $14,860 |
| Qualifying Distributions | $8,858 | $11,215 | $6,750 |
| Net Investment Income | $6,527 | $2,381 | $10,068 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
124 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Amila Hasanspahic ($880), Andrea Katalin Gyorgy ($656), Kinga Dan ($655).
| Recipient | Purpose | Amount |
|---|---|---|
| ANNABELLA SANDULY NORFOLK, VA | SCHOLARSHIP | $355 |
| KRISTOFGERGO NAGY NORFOLK, VA | SCHOLARSHIP | $355 |
| KLEMENTINAIMEDLA ILLKEI NORFOLK, VA | SCHOLARSHIP | $356 |
| LASZLO MARTON NORFOLK, VA | SCHOLARSHIP | $355 |
| BLANKA MACAVEIU NORFOLK, VA | SCHOLARSHIP | $355 |
| TIVADARROBERT SZARSZ NORFOLK, VA | SCHOLARSHIP | $356 |
| ZSUZSANNA MARA NORFOLK, VA | SCHOLARSHIP | $355 |
| AMILA HASANSPAHIC NORFOLK, VA | SCHOLARSHIP | $280 |
| ADELA MEHMEDOVIC NORFOLK, VA | SCHOLARSHIP | $305 |
| DUNJA MANASOV NORFOLK, VA | SCHOLARSHIP | $305 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrew Balas | PRESIDENT & CEO | 1 | — |
| BALAZS ROMHANYI | TRUSTEE | — | — |
| ARON BALAS | TRUSTEE | — | — |
| MARIANNAE GRIMMENSTEIN | TRUSTEE | — | — |
| EMOKE ROMHANYI | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Forerunner Federation?
Forerunner Federation is a private foundation focused on Education, based in NORFOLK, VA. It holds $25K in total assets as of 2024.
How large is Forerunner Federation?
As of 2024, Forerunner Federation holds $25K in total assets with $18K in annual revenue. It awarded 21 grants totaling $9K in 2024.
Where does Forerunner Federation operate?
Forerunner Federation has awarded grants in Virginia.
What size grants does Forerunner Federation award?
In 2024, Forerunner Federation awarded 21 grants totaling $9K — an average of about $421.81 per grant, based on its IRS Form 990 filings.
What is Forerunner Federation's EIN?
Forerunner Federation's EIN (Employer Identification Number) is 26-3850571. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Forerunner Federation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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