The purpose is to encourage economic development by marketing and promoting activities aimed at attracting new industries to Janesville.
Financial Overview
From 2025 IRS Form 990-PF · 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
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 | — | — | — |
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.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sharlon Hermanson | President | 1 | — |
| Corinne Webber | Mgr Finance & Ops | 1 | — |
| Angela Pakes | President (until 3/1/24) | 1 | — |
| Craig DeGarmo | Director | 1 | — |
| Larry Squire | Director | 1 | — |
| Sean Kennedy | Director | 1 | — |
| Lynn Gardinier | Director | 1 | — |
| Tim Lindau | Director | 1 | — |
| Derek Greene | Vice Chair | 1 | — |
| Michael Gilbertson | Future Vice Chair | 1 | — |
| Oakleigh Ryan | Past Chair | 1 | — |
| David Hiller | Chair | 1 | — |
| George Cullen | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Forward Foundation Inc?
As of 2025, Forward Foundation Inc holds $2.3M in total assets with $357K in annual revenue.
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.
Explore Open Grants
Browse active grant opportunities in Forward 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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