Forman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHERRY HILL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 1 grants totaling $768K. Net investment income was $268K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
-7.8% YoY
Annual Giving
$768K
+77.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$768K
+77.7% YoY
About Forman Family Foundation
Based on IRS filings
Forman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHERRY HILL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 1 grants totaling $768K. Net investment income was $268K.
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 | $5,975,935 | $6,478,606 | $6,752,675 |
| Revenue | $299,970 | $205,739 | $263,365 |
| Expenses | $808,104 | $479,478 | $540,060 |
| Qualifying Distributions | $770,883 | $439,941 | $507,264 |
| Net Investment Income | $267,749 | $176,202 | $232,569 |
| Distributable Amount | $412,099 | $376,531 | $380,422 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD P FORMAN | TRUSTEE | 1 | — |
| DONNA E FORMAN | TRUSTEE | 1 | — |
| JACK FORMAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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