Forest Glen Impact Foundation
Forest Glen Impact Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 1 grants totaling $75K. Net investment income was $101K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
+54.2% YoY
Annual Giving
$75K
-65.1% YoY
Grant Count
1
-87.5% YoY
Avg Grant Size
$75K
+179.1% YoY
Under IRS private-foundation payout rules, Forest Glen Impact Foundation reported a distributable amount of $327K for 2024 — the minimum it must pay out in qualifying distributions.
About Forest Glen Impact Foundation
Based on IRS filings
Forest Glen Impact Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 1 grants totaling $75K. Net investment income was $101K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,112,558 | $4,613,821 | $4,786,554 |
| Revenue | $2,620,890 | $61,896 | $36,747 |
| Expenses | $122,153 | $234,629 | $247,611 |
| Qualifying Distributions | $486,702 | $233,569 | $247,211 |
| Net Investment Income | $101,048 | $61,896 | $36,747 |
| Distributable Amount | $327,411 | $230,980 | $242,827 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shaohannahs Hope Inc ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SHAOHANNAHS HOPE INC FRANKLIN, TN | General & Unrestricted | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Melinda Leah Nemec | Sec, Dir | 1 | — |
| Philip Andrew Nemec | Dir, Pres, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Forest Glen Impact Foundation?
Forest Glen Impact Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $7.1M in total assets as of 2024.
How large is Forest Glen Impact Foundation?
As of 2024, Forest Glen Impact Foundation holds $7.1M in total assets with $2.6M in annual revenue. It awarded 1 grants totaling $75K in 2024.
Where does Forest Glen Impact Foundation operate?
Forest Glen Impact Foundation has awarded grants in California, Illinois, Tennessee, Washington.
What size grants does Forest Glen Impact Foundation award?
In 2024, Forest Glen Impact Foundation awarded 1 grants totaling $75K — an average of about $75K per grant, based on its IRS Form 990 filings.
How much is Forest Glen Impact Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Forest Glen Impact Foundation reported a distributable amount of $327K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Forest Glen Impact Foundation's EIN?
Forest Glen Impact Foundation's EIN (Employer Identification Number) is 85-3048096. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Forest Glen Impact Foundation'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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