Forward Foundation Inc
The purpose is to encourage economic development by marketing and promoting activities aimed at attracting new industries to Janesville.
Key facts about Forward Foundation Inc
- EIN
- 39-1571083
- Latest 990 filing
- Form 990 filing, 2025
- Total assets
- $2,342,845
Data from IRS Form 990 filing, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 filing · View filing
Total Assets
$2.3M
-0.1% YoY
Revenue
$357K
-63.5% YoY
Net Investment Income
$21K
+70816.7% YoY
Expenses
$334K
-49.9% YoY
About Forward Foundation Inc
Based on IRS filings
Forward Foundation Inc is a nonprofit organization 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. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,342,845 | $2,344,364 | $1,997,790 |
| Revenue | $356,970 | $978,936 | $407,249 |
| Expenses | $333,588 | $665,609 | $335,824 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,275 | $30 | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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 large is Forward Foundation Inc?
Forward Foundation Inc reported $2.3M in total assets on its 2025 IRS Form 990 filing. Its revenue that year was $357K.
What is Forward Foundation Inc?
Forward Foundation Inc is a nonprofit organization 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.
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Forward Foundation Inc down — hundreds of funders to go?