Forrest C & Frances H

EAST GREENWICH, RI EIN: 20-3106502

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$52.6M

-0.7% YoY

Annual Giving

$2.0M

-24.6% YoY

Grant Count

62

-18.4% YoY

Avg Grant Size

$33K

-7.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$5M20202021202220232024
Metric202420232022
Total Assets$52,601,930$52,989,756$55,354,284
Revenue$2,804,896$2,484,892$1,556,877
Expenses$3,192,722$3,753,420$4,124,654
Qualifying Distributions$2,696,841$3,321,975$3,687,917
Net Investment Income$2,344,138$2,077,407$1,534,897
Distributable Amount$3,023,658$2,788,596$2,708,791

Giving Over Time

Total grant dollars and number of grants per year

$0$764K$2M$2M$3M87 grants202084 grants202166 grants202276 grants202362 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WOG COMMUNITY DEVELOPMEN…$200KTHE CALIFORNIA COMMUNITY…$200KOCEAN CONSERVANCY$165KSURFRIDER FOUNDATION$165KLAND WEB$125KREAL ORGANIC PROJECT$100KPROVIDENCE COUNTRY DAY$75KSAVE THE BAY$75KTHE NATURE CONSERVANCY I…$70KENVIRONMENT & HUMAN HEALTH$65K

Grant Size Distribution

375 grants across all recorded years

295<$50K52$50–100K24$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Forrest C & Frances H fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DAVID W HOLLENBECKCHAIRMAN$225KDOUGLAS W HOLLENBECKTRUSTEE$209KDREW H HOLLENBECKTRUSTEE$110K

From 2024 filing

NameTitleHoursCompensation
DREW H HOLLENBECKTRUSTEE10$110,257
DAVID W HOLLENBECKCHAIRMAN10$225,042
DOUGLAS W HOLLENBECKTRUSTEE10$208,783

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

23states
+15 more states

Cities

Agoura HillsAndoverAvonBarreBattleboroBostonBoynton BeachBrattleboroBristolBrooklynBurlingtonCambridgeCharlotteCharlottesvilleColchesterColumbiaCornucopiaCrested ButteDelray BeachDenver

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

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