Forward Foundation Inc
The purpose is to encourage economic development by marketing and promoting activities aimed at attracting new industries to Janesville.
Forward Foundation Inc at a glance
In short: Forward Foundation Inc gave $39K across 2 grants in 2025 (avg $19K), mostly in Wisconsin. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $38,500
- -69.5% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $19,250
- -69.5% vs 2024
- Median grant
- $19,250
- Total assets
- $2,342,845
- -0.1% vs 2024
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Forward Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Forward Janesville Inc ($29K). Together the top 2 received $39K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $39K (2025) to $126K (2024). In 2025 it made 2 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Forward Janesville Inc Janesville, WI | General Operating Support | $28,500 |
| Downtown Janesville Inc Janesville, WI | General Operating Support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,342,845 | $356,970 | $333,588 | $38,500 | 2 | $21,275 |
| 2024 | $2,344,364 | $978,936 | $665,609 | $126,200 | 2 | $30 |
| 2023 | $1,997,790 | $407,249 | $335,824 | — | — | — |
| 2022 | $1,926,376 | $220,944 | $433,461 | — | — | — |
| 2021 | $2,555,599 | $183,000 | $627,629 | — | — | $99 |
About Forward Foundation Inc
Based on IRS filings
Forward Foundation Inc is a public charity focused on Community Improvement & Capacity Building, based in Janesville, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 2 grants totaling $39K. Net investment income was $21K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Forward Foundation Inc is led by Angela Pakes, President since 2023 (on filings since 2022); none of the 13 officers listed in 2025 report compensation.
Officers on the 2025 filing
Angela Pakes
President
Director → President, 2023
On filings since 2022
1 hr/week
No compensation reported
Sharlon Hermanson
President
New on the 2025 filing
1 hr/week
No compensation reported
David Hiller
Chair
Secretary & Treasurer → Vice Chair, 2024
Vice Chair → Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Craig DeGarmo
Director
On filings since 2021
1 hr/week
No compensation reported
Larry Squire
Director
On filings since 2021
1 hr/week
No compensation reported
Lynn Gardinier
Director
Chair → Past Chair, 2023
Past Chair → Director, 2024
On filings since 2021
1 hr/week
No compensation reported
Tim Lindau
Director
Chair → Past Chair, 2024
Past Chair → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Sean Kennedy
Director
On filings since 2023
1 hr/week
No compensation reported
Oakleigh Ryan
Past Chair
Vice Chair → Chair, 2024
Chair → Past Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Corinne Webber
Manager Finance & Ops
New on the 2025 filing
1 hr/week
No compensation reported
Derek Greene
Vice Chair
New on the 2025 filing
1 hr/week
No compensation reported
George Cullen
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Michael Gilbertson
Future Vice Chair
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (8)
- Former: Mick Gilbertson (2024) — Treasurer
- Former: Barry Brandt (2021–2023) — Director
- Former: John Beckord (2021–2022) — President
- Former: David Bagley (2021) — Director
- Former: Mitch Benson (2021) — Director
- Former: Rich Gruber (2021) — Director
- Former: Sherri Stumpf (2021) — Past Chair
- Former: Tim Weber (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Forward Foundation Inc
How much does Forward Foundation Inc give each year?
Forward Foundation Inc gave $39K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $126K across 2 grants.
How large is Forward Foundation Inc?
Forward Foundation Inc reported $2.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $357K.
What is Forward Foundation Inc?
Forward Foundation Inc is a public charity focused on Community Improvement & Capacity Building, based in Janesville, WI. It holds $2.3M in total assets as of 2025.
Where does Forward Foundation Inc operate?
Forward Foundation Inc has awarded grants in Wisconsin.
What is Forward Foundation Inc's EIN?
Forward Foundation Inc's EIN (Employer Identification Number) is 39-1571083. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS January 15, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 15, 2025)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Forward Foundation Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Forward Foundation Inc's focus areas in our free grants database
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Figures come from Forward Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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