Forward Current Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available for 2023. As of 2023, the organization holds $125K in total assets. In 2023, it awarded 3 grants totaling $60K. Net investment income was $3K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$125K
Annual Giving
$60K
Grant Count
3
Avg Grant Size
$20K
Under IRS private-foundation payout rules, Forward Current Foundation Inc reported a distributable amount of $6K for 2023 — the minimum it must pay out in qualifying distributions.
About Forward Current Foundation Inc
Based on IRS filings
Forward Current Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available for 2023. As of 2023, the organization holds $125K in total assets. In 2023, it awarded 3 grants totaling $60K. Net investment income was $3K.
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 | 2023 |
|---|---|
| Total Assets | $124,907 |
| Revenue | $2,769 |
| Expenses | $60,175 |
| Qualifying Distributions | $60,175 |
| Net Investment Income | $2,769 |
| Distributable Amount | $6,266 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Coalition for the Homeless ($20,000), Peconic Land Trust ($20,000), Planned Parenthood Federation ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COALITION FOR THE HOMELESS NEW YORK, NY | AID AND ASSISTANCE TO THE HOMELESS | $20,000 |
| PECONIC LAND TRUST SOUTHHAMPTON, NY | FARM & OPEN SPACE PRESERVATION | $20,000 |
| PLANNED PARENTHOOD FEDERATION NEW YORK, NY | FAMILY PLANNING SERVICES | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HELEN M POMEROY | TREASURER | 1 | — |
| L BENJAMIN POMEROY | PRESIDENT | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Forward Current Foundation Inc?
Forward Current Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $125K in total assets as of 2023.
How large is Forward Current Foundation Inc?
As of 2023, Forward Current Foundation Inc holds $125K in total assets with $3K in annual revenue. It awarded 3 grants totaling $60K in 2023.
Where does Forward Current Foundation Inc operate?
Forward Current Foundation Inc has awarded grants in New York.
What size grants does Forward Current Foundation Inc award?
In 2023, Forward Current Foundation Inc awarded 3 grants totaling $60K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Forward Current Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Forward Current Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Forward Current Foundation Inc's EIN?
Forward Current Foundation Inc's EIN (Employer Identification Number) is 61-1628036. IRS Form 990 filing data is available on this page for 2023.
Explore Open Grants
Browse active grant opportunities in Forward Current Foundation Inc'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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