The Florence Forgotson Charitable Foundation
The Florence Forgotson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 8 grants totaling $28K. Net investment income was $151K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
-0.4% YoY
Annual Giving
$28K
-61.3% YoY
Grant Count
8
-46.7% YoY
Avg Grant Size
$3K
-27.4% YoY
Under IRS private-foundation payout rules, The Florence Forgotson Charitable Foundation reported a distributable amount of $175K for 2024 — the minimum it must pay out in qualifying distributions.
About The Florence Forgotson Charitable Foundation
Based on IRS filings
The Florence Forgotson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 8 grants totaling $28K. Net investment income was $151K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,878,258 | $3,895,418 | $3,949,081 |
| Revenue | $187,366 | $192,575 | $161,863 |
| Expenses | $204,526 | $246,238 | $211,833 |
| Qualifying Distributions | $171,171 | $213,532 | $180,776 |
| Net Investment Income | $151,372 | $162,619 | $150,159 |
| Distributable Amount | $175,460 | $159,048 | $163,743 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Emcc Educational Foundation ($10,000), American Red Cross - Jersey Coast Chapter ($5,000), Homes for Our Troops Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS - JERSEY COAST CHAPTER TINTON FALLS, NJ | General & Unrestricted | $5,000 |
| EMCC EDUCATIONAL FOUNDATION RED BANK, NJ | General & Unrestricted | $10,000 |
| FEEDING AMERICA CHICAGO, IL | General & Unrestricted | $1,500 |
| FOODBANK OF MONMOUTH AND OCEAN COUNTIES INC NEPTUNE, NJ | General & Unrestricted | $1,500 |
| HOMES FOR OUR TROOPS INC TAUNTON, MA | General & Unrestricted | $5,000 |
| LUNCH BREAK RED BANK, NJ | General & Unrestricted | $1,500 |
| MONMOUTH DAY CARE CENTER INC RED BANK, NJ | General & Unrestricted | $500 |
| RED BANK CHARTER SCHOOL FOUNDATION INC RED BANK, NJ | Charitable Event | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lynn Cole | Dir, VP | 25 | $62,240 |
| Carol Ann Hinz | Dir, Pres, Sec | 25 | $70,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Florence Forgotson Charitable Foundation?
The Florence Forgotson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $3.9M in total assets as of 2024.
How large is The Florence Forgotson Charitable Foundation?
As of 2024, The Florence Forgotson Charitable Foundation holds $3.9M in total assets with $187K in annual revenue. It awarded 8 grants totaling $28K in 2024.
Where does The Florence Forgotson Charitable Foundation operate?
The Florence Forgotson Charitable Foundation has awarded grants in Arizona, District of Columbia, Florida, Illinois, Kansas, Massachusetts, Missouri, New Jersey, Pennsylvania, Tennessee.
What size grants does The Florence Forgotson Charitable Foundation award?
In 2024, The Florence Forgotson Charitable Foundation awarded 8 grants totaling $28K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Florence Forgotson Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Florence Forgotson Charitable Foundation reported a distributable amount of $175K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Florence Forgotson Charitable Foundation's EIN?
The Florence Forgotson Charitable Foundation's EIN (Employer Identification Number) is 20-0857287. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Florence Forgotson Charitable 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.
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