The Fulton Forward Foundation is an independent, nonprofit private foundation based in Lancaster, Pennsylvania, funded by Fulton Bank. The foundation operates as a 501(c)(3) organization designated for philanthropic, educational, and charitable purposes. It has been tax-exempt since March 2022.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.9M
+93.7% YoY
Annual Giving
$1.9M
-13.4% YoY
Grant Count
50
+0.0% YoY
Avg Grant Size
$38K
-13.4% YoY
Under IRS private-foundation payout rules, Fulton Forward Foundation reported a distributable amount of $332K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary focus areas include:
- Economic Empowerment — Supporting initiatives that help individuals and small businesses build financial stability and long-term success
- Education — Including financial literacy and bilingual education programs
- Workforce Development — Supporting job training and employment programs for underserved populations
- Affordable Housing — Funding housing initiatives across service areas
- Community Resilience — Strengthening communities' ability to adapt and advance in changing economic landscapes
Grantmaking
The foundation operates on a preselected-only basis, meaning it does not accept unsolicited applications. Grant recipients are selected by the foundation's board.
Grant Range
s & Patterns:**
Average Grant
approximately $27,000–$169,000 (depending on year)
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation supports communities across eight states:
- Delaware
- Georgia
- Maryland
- Massachusetts
- New Jersey
- New York
- Pennsylvania
- Virginia
Key cities receiving funding include Atlanta, Baltimore, Boston, New York, Philadelphia, and Washington, D.C.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $7,860,282
- Total giving: $1,921,250
- Total revenue: $5,725,001
- Total expenses: $1,921,687
- Net income: $3,803,314
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,860,282 | $4,056,968 | $5,364,659 |
| Revenue | $5,725,001 | $911,226 | $3,873,843 |
| Expenses | $1,921,687 | $2,218,917 | $280,917 |
| Qualifying Distributions | $1,921,250 | $2,218,917 | $280,917 |
| Net Investment Income | $102,295 | $31,407 | — |
| Distributable Amount | $332,209 | $246,499 | $160,044 |
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
112 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Baltimore Community Lending ($250,000), The Enterprise Center ($250,000), Lancaster City Alliance ($120,000).
| Recipient | Purpose | Amount |
|---|---|---|
| African American Chamber of Commerce of NJ Trenton, NJ | Economic empowering african american communities in NJ | $20,000 |
| Alvernia University OPake Insitutes Student Powered Business Incubator Reading, PA | OPake Institute Funding | $60,000 |
| Baltimore Community Foundation Key Bridge Baltimore, MD | Stay Stroung Key Bridge Fund | $75,000 |
| Baltimore Community Lending Baltimore, MD | CDFI Small Business Lending and Real Estate Construction Lending | $250,000 |
| Believe in Students Philadelphia, PA | Philadelphia FAST Fund program | $20,000 |
| Chester County Futures Coatesville, PA | Workforce Development Programming and DEI Programming for underserved high school students | $20,000 |
| COMMUNITY EDUCATION BUILDING CORP Wilmington, DE | Technology Talent Workforce Development Pipeline | $20,000 |
| Community Wealth Builders Baltimore, MD | Fostering more equitable inclusive sustainable neighborhood economies by promoting and catalyzingcommunity wealthbuilding models and strategies | $25,000 |
| Delaware Futures Wilmington, DE | Academic support & mentorships | $25,000 |
| Economy League of Greater Philadelphia Philadelphia, PA | Philadelphia Anchors for Growth & Equity | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer board serving without compensation:
- William S. Glover — President (also Executive Vice President and Director of Fair and Responsible Banking for Fulton Bank)
- Brian T. DeMild — Treasurer
- Mark A. Crowe — Secretary
- Karen Moore — Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM S GLOVER | PRESIDENT | 5 | — |
| BRIAN T DEMILD | TREASURER | 4 | — |
| MARK A CROWE | SECRETARY | 3 | — |
| KAREN MOORE | SECRETARY | 3 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated consistent grant-making activity in recent years:
**December 2025:** Awarded $480,000 in grants to 24 organizations across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia, with grants of $20,000 each supporting economic development and community resilience initiatives
PRESS RELEASE: FULTON FORWARD FOUNDATION DONATES $480,000TO COMMUNITY ORGANIZATIONS\**2024:** Provided $20,000 grant to Volunteers of America Chesapeake & Carolinas to support the Newport News YouthBuild program, addressing funding gaps for workforce development serving low-income young adults
Tec Centro Network receives $250,000 grant to support bilingual ...**2024:** Committed $125,000 to the Network for Teaching Entrepreneurship
**2024:** Awarded $150,000 to New Jersey Community Capital
Fulton Forward Foundation Awards $150,000 Grant to New Jersey Community CapitalSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Fulton Forward Foundation fund?
The foundation's primary focus areas include: • **Economic Empowerment** — Supporting initiatives that help individuals and small businesses build financial stability and long-term success • **Education** — Including financial literacy and bilingual education programs • **Workforce Development** — Supporting job training and employment programs for underserved populations • **Affordable Housing** — Funding housing initiatives across service areas • **Community Resilience** — Strengthening commu…
How do I apply for a grant from Fulton Forward Foundation?
**Grant Sizes & Patterns:** • Typical grant awards range from $20,000 to $300,000 • Median grant size: $25,000–$30,000 • Average grant size: approximately $27,000–$169,000 (depending on year) • The foundation awards financial impact grants of $20,000 or more to 501(c)(3) organizations **Application Process:** The foundation operates on a preselected-only basis, meaning it does not accept unsolicited applications. Grant recipients are selected by the foundation's board. **Recent Grant Activity:**
Where does Fulton Forward Foundation make grants?
The foundation supports communities across eight states: • Delaware • Georgia • Maryland • Massachusetts • New Jersey • New York • Pennsylvania • Virginia Key cities receiving funding include Atlanta, Baltimore, Boston, New York, Philadelphia, and Washington, D.C.
What size grants does Fulton Forward Foundation award?
In 2024, Fulton Forward Foundation awarded 50 grants totaling $1.9M — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Fulton Forward Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fulton Forward Foundation reported a distributable amount of $332K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fulton Forward Foundation's EIN?
Fulton Forward Foundation's EIN (Employer Identification Number) is 84-3024170. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Fulton Forward Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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