Forman Family Charitable Trust

BOSTON, MA EIN: 05-6069697

Forman Family Charitable Trust is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $922K in total assets. In 2024, it awarded 1 grants totaling $53K. Net investment income was $32K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$922K

-2.6% YoY

Annual Giving

$53K

-16.7% YoY

Grant Count

1

-96.7% YoY

Avg Grant Size

$53K

+2397.8% YoY

Under IRS private-foundation payout rules, Forman Family Charitable Trust reported a distributable amount of $62K for 2024 — the minimum it must pay out in qualifying distributions.

About Forman Family Charitable Trust

Based on IRS filings

Forman Family Charitable Trust is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $922K in total assets. In 2024, it awarded 1 grants totaling $53K. Net investment income was $32K.

Ready to take the next step with Forman Family Charitable Trust?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

BaltimoreBostonBrooklineCambridgeChestnut HillChicagoClarksburgCranstonDorchesterDorchester CenterEast FalmouthEast FalnouthFalmouthLos AngelesMarionMerrifieldMontgomeryNeedhamNew YorkPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$53K$106K$159K$212K20202021202220232024
Metric202420232022
Total Assets$922,482$946,983$831,283
Revenue$44,833$193,024$19,740
Expenses$69,675$77,324$79,971
Qualifying Distributions$54,897$65,982$66,482
Net Investment Income$31,835$181,682$12,609
Distributable Amount$61,683$56,580$63,127

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$32K$49K$65K40 grants202038 grants202145 grants202230 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED LIST$53K

Grant Size Distribution

154 grants across all recorded years

153<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached List ($53,222).

RecipientPurposeAmount
SEE ATTACHED LIST NEW YORK, NYUNRESTRICTED-SEE ATTACHED LIST$53,222

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ADAM CHASETRUSTEE0.25
ROGER FORMANTRUSTEE0.25
LISA KANTORTRUSTEE0.25

Frequently Asked Questions

How large is Forman Family Charitable Trust?

As of 2024, Forman Family Charitable Trust holds $922K in total assets with $45K in annual revenue. It awarded 1 grants totaling $53K in 2024.

Where does Forman Family Charitable Trust operate?

Forman Family Charitable Trust has awarded grants in Alabama, Arizona, California, District of Columbia, Illinois, Massachusetts, Maryland, New Jersey, New York, Rhode Island, Virginia.

What size grants does Forman Family Charitable Trust award?

In 2024, Forman Family Charitable Trust awarded 1 grants totaling $53K — an average of about $53K per grant, based on its IRS Form 990 filings.

How much is Forman Family Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Forman Family Charitable Trust reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Forman Family Charitable Trust's EIN?

Forman Family Charitable Trust's EIN (Employer Identification Number) is 05-6069697. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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