Louis & Josie Forchheimer Memorial Foundation
Louis & Josie Forchheimer Memorial Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 7 grants totaling $518K. Net investment income was $519K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
-0.3% YoY
Annual Giving
$518K
-2.1% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$74K
-2.1% YoY
Under IRS private-foundation payout rules, Louis & Josie Forchheimer Memorial Foundation reported a distributable amount of $577K for 2024 — the minimum it must pay out in qualifying distributions.
About Louis & Josie Forchheimer Memorial Foundation
Based on IRS filings
Louis & Josie Forchheimer Memorial Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 7 grants totaling $518K. Net investment income was $519K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,302,087 | $8,323,524 | $8,478,425 |
| Revenue | $564,922 | $430,822 | $529,840 |
| Expenses | $576,642 | $584,581 | $635,144 |
| Qualifying Distributions | $525,367 | $537,477 | $583,869 |
| Net Investment Income | $519,147 | $427,220 | $491,277 |
| Distributable Amount | $577,092 | $526,495 | $537,752 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Springhill Avenue Temple Attn David Rose ($155,445), United Way of Southwest Alabama ($103,630), American Cancer Society ($51,815).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY KENNESAW, GA | GENERAL OPERATING | $51,815 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | GENERAL OPERATING | $51,815 |
| MEMPHIS JEWISH HOME B'NAI B'RITH HOME & CORDOVA, TN | GENERAL OPERATING | $51,815 |
| SPRINGHILL AVENUE TEMPLE ATTN DAVID ROSE MOBILE, AL | GENERAL OPERATING | $155,445 |
| UNITED WAY OF SOUTHWEST ALABAMA MOBILE, AL | GENERAL OPERATING | $103,630 |
| DIABETIC CLINIC OF MOBILE INC MOBILE, AL | GENERAL OPERATING | $51,815 |
| REGENTS -UNIVERSITY OF COLORADO CU DENVER, CO | GENERAL OPERATING | $51,815 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $29,584 |
Frequently Asked Questions
How large is Louis & Josie Forchheimer Memorial Foundation?
As of 2024, Louis & Josie Forchheimer Memorial Foundation holds $8.3M in total assets with $565K in annual revenue. It awarded 7 grants totaling $518K in 2024.
Where does Louis & Josie Forchheimer Memorial Foundation operate?
Louis & Josie Forchheimer Memorial Foundation has awarded grants in Alabama, Colorado, Florida, Georgia, Oklahoma, Tennessee, Texas.
What size grants does Louis & Josie Forchheimer Memorial Foundation award?
In 2024, Louis & Josie Forchheimer Memorial Foundation awarded 7 grants totaling $518K — an average of about $74K per grant, based on its IRS Form 990 filings.
How much is Louis & Josie Forchheimer Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Louis & Josie Forchheimer Memorial Foundation reported a distributable amount of $577K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Louis & Josie Forchheimer Memorial Foundation's EIN?
Louis & Josie Forchheimer Memorial Foundation's EIN (Employer Identification Number) is 63-6161119. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Louis & Josie Forchheimer Memorial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.