Forszt Brothers Charitable Foundation in
Forszt Brothers Charitable Foundation in is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VALPARAISO, IN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 20 grants totaling $135K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+52.1% YoY
Annual Giving
$135K
+17.0% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$7K
+11.1% YoY
Under IRS private-foundation payout rules, Forszt Brothers Charitable Foundation in reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
About Forszt Brothers Charitable Foundation in
Based on IRS filings
Forszt Brothers Charitable Foundation in is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VALPARAISO, IN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 20 grants totaling $135K. Net investment income was $1.1M.
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 | $2,923,424 | $1,921,964 | $996,308 |
| Revenue | $1,163,284 | $1,052,818 | $1,002,777 |
| Expenses | $146,360 | $127,162 | $6,469 |
| Qualifying Distributions | $134,500 | $115,000 | $5,000 |
| Net Investment Income | $1,098,610 | $52,818 | $2,777 |
| Distributable Amount | $82,932 | $51,222 | $5,058 |
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
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Harold Hal Kelley Respite Foundation ($50,000), Sheldrick Wild Life Trust Usa ($10,000), World Central Kitchen ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF GREATER NORTHWEST INDIANA INC PORTAGE, IN | OPERATING FUNDS | $2,500 |
| HILLTOP NEIGHBORHOOD HOUSE INC VALPARAISO, IN | OPERATING FUNDS | $5,000 |
| INDEPENDENT CAT SOCIETY WESTVILLE, IN | OPERATING FUNDS | $2,500 |
| LAKESHORE PAWS INC VALPARAISO, IN | OPERATING FUNDS | $5,000 |
| OPPORTUNITY ENTERPRISES INC VALPARAISO, IN | OPERATING FUNDS | $5,000 |
| SALVATION ARMY VALPARAISO, IN | OPERATING FUNDS | $2,500 |
| SHELDRICK WILD LIFE TRUST USA LAGUNA HILLS, CA | OPERATING FUNDS | $10,000 |
| VISITING NURSE ASSOCIATION OF PORTER COUNTY INDIANA INC VALPARAISO, IN | OPERATING FUNDS | $5,000 |
| GUARDIANS OF FLORIDA ANIMAL RESCUE FORT MYERS, FL | OPERATING FUNDS | $1,000 |
| WORLD CENTRAL KITCHEN WASHINGTON, DC | OPERATING FUNDS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK FORSZT | PRESIDENT & DIRECTOR | 5 | — |
| MICHAEL FORSZT | VICE PRESIDENT & DIRECTOR | 1 | — |
| SHANNON LEE | TREASURER & DIRECTOR | 1 | — |
| J BRIAN HITTINGER | SECRETARY/CHAIRMAN & DIRECTOR | 1 | — |
| CLAUDIA MCLAUGHLIN | DIRECTOR | 1 | — |
| CHARLES MOORE | DIRECTOR | 1 | — |
| RENE MARTIN | DIRECTOR | 1 | — |
| JOHN STEFFEN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Forszt Brothers Charitable Foundation in?
Forszt Brothers Charitable Foundation in is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VALPARAISO, IN. It holds $2.9M in total assets as of 2024.
How large is Forszt Brothers Charitable Foundation in?
As of 2024, Forszt Brothers Charitable Foundation in holds $2.9M in total assets with $1.2M in annual revenue. It awarded 20 grants totaling $135K in 2024.
Where does Forszt Brothers Charitable Foundation in operate?
Forszt Brothers Charitable Foundation in has awarded grants in California, District of Columbia, Florida, Indiana, New York.
What size grants does Forszt Brothers Charitable Foundation in award?
In 2024, Forszt Brothers Charitable Foundation in awarded 20 grants totaling $135K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Forszt Brothers Charitable Foundation in required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Forszt Brothers Charitable Foundation in reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Forszt Brothers Charitable Foundation in's EIN?
Forszt Brothers Charitable Foundation in's EIN (Employer Identification Number) is 92-0429438. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Forszt Brothers Charitable Foundation in'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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