The Forman Family Foundation

PHILADELPHIA, PA EIN: 38-7106076

The Forman Family Foundation is a private foundation based in Philadelphia, Pennsylvania, designated as a 501(c)(3) organization. The foundation was established in 2014 and operates as a philanthropic grantmaking entity with significant assets supporting nonprofit organizations across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$475K

-75.7% YoY

Grant Count

7

-46.2% YoY

Avg Grant Size

$68K

-54.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not specify particular subject areas of focus in its public records. However, grant activity indicates support for arts and culture initiatives, education, and community development projects.

Grantmaking

The Forman Family Fund (a Designated Fund of the Philadelphia Foundation) supports Greater Philadelphia nonprofits serving young people aged 11-18 with in-school or out-of-school-time programs in:

Average Grant

amount: Varies by initiative

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Geographic Focus

Where this funder awards grants

The foundation supports various cities and states across the United States, including:

  • Cities: Hartsdale, Lancaster, New York, Philadelphia, Sag Harbor, San Francisco, St. Louis, West Conshohocken, and Wynnewood
  • States: California, Missouri, New York, and Pennsylvania

Grant Distribution by State

5states

Cities

BEACONGREENVILLEHARTSDALELANCASTERNEW YORKPHILADELPHIASAG HARBORSAN FRANCISCOST LOUISWEST CONSHOHOCKENWYNNEWOOD

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $48,460,122
  • Total Revenue: $2,445,200
  • Total Expenses: $2,179,496
  • Total Liabilities: $123,000
  • Number of Employees: 0

Tax-Exempt Status: Tax-exempt since July 2014 (EIN: 38-7106076)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$13M18 grants202045 grants202137 grants202213 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

WASHINGTON UNIVERSITY$300KRODEPH SHOLOM CONGREGATION$75KDREXEL UNIVERSITY$50KTHE CAT COLLABORATIVE$25KOPERA PHILADELPHIA$10KWOMEN'S WAY$10KTHE CLAY STUDIO$5K

Grant Size Distribution

120 grants across all recorded years

75<$50K19$50–100K12$100–250K6$250–500K6$500K–1M$1–5M2$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Washington University ($300,000), Rodeph Sholom Congregation ($75,000), Drexel University ($50,000).

RecipientPurposeAmount
WASHINGTON UNIVERSITY ST LOUIS, MOFORMAN FAMILY FOUNDATION SCHOLARSHIP$300,000
RODEPH SHOLOM CONGREGATION PHILADELPHIA, PAENDOWMENT CAMPAIGN - SUPPORT THE SYNAGOGUE$75,000
DREXEL UNIVERSITY PHILADELPHIA, PASUPPORT FOR CARA FRY ENDOWMENT$50,000
THE CAT COLLABORATIVE PHILADELPHIA, PAGENERAL SUPPORT FOR THE CAT COLLABORATIVE'S INAUGLURAL GALA SUPPORTING ITS MISSION TO REDUCE CAT OVERPOPULATION AND IMPROVE FELINE WELFARE THROUGH COMMUNITY-BASED PROGRAMS, RESCUE PARTNERSHIPS, AND AFFORDABLE CARE INITIATIVES.$25,000
OPERA PHILADELPHIA PHILADELPHIA, PAGENERAL SUPPORT$10,000
WOMEN'S WAY PHILADELPHIA, PAGENERAL SUPPORT$10,000
THE CLAY STUDIO PHILADELPHIA, PAGENERAL SUPPORT$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Michael C. Forman – Trustee and supporter
  • Jennifer S. Rice – Trustee
  • Thomas Trala – Treasurer/Secretary

Compensation Overview

From 2024 IRS filing

THOMAS TRALATREASURER/SECRETARY/CFO$43KLAURA SPARKSPRESIDENT$40K

From 2024 filing

NameTitleHoursCompensation
THOMAS TRALATREASURER/SECRETARY/CFO3.5$42,569
LAURA SPARKSPRESIDENT2$40,328
MICHAEL C FORMANTRUSTEE1
JENNIFER S RICETRUSTEE1

Recent News & Activity

Recent developments and announcements

The foundation is associated with related initiatives including the Forman Arts Initiative and the Forman Acton Foundation, which have announced grant recipients and scholarship classes in recent years. The Forman Family Fund continues to accept applications for arts education programs supporting youth in the Greater Philadelphia region.

The Forman Acton Foundation Proudly Announces 2023 Class of Forman Scholars\

Contact Information

  • Address: 201 Rouse Blvd, Philadelphia, PA 19112-1902
  • Telephone: 215-495-1160

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Forman Family Foundation fund?

The foundation does not specify particular subject areas of focus in its public records. However, grant activity indicates support for arts and culture initiatives, education, and community development projects.

How do I apply for a grant from The Forman Family Foundation?

**Grant Activity:** • Total giving in 2023: $1,238,667 • Total expenses in 2023: $2,179,496 • The foundation supported 27 grants in the most recent year • Average grant amount: Varies by initiative **Recent Grants (2023):** • The Cobbs Creek Restoration and Community Foundation: $666,667 (Campaign support) • Drexel University: $50,000 (Cara K. Fry University Endowment and Art Collections enhancement) • Metropolitan Museum of Art: $25,000 (Cecily Brown Exhibition support) **Related Grantmaking P…

Where does The Forman Family Foundation make grants?

The foundation supports various cities and states across the United States, including: • **Cities:** Hartsdale, Lancaster, New York, Philadelphia, Sag Harbor, San Francisco, St. Louis, West Conshohocken, and Wynnewood • **States:** California, Missouri, New York, and Pennsylvania

What size grants does The Forman Family Foundation award?

In 2024, The Forman Family Foundation awarded 7 grants totaling $475K — an average of about $68K per grant, based on its IRS Form 990 filings.

What is The Forman Family Foundation's EIN?

The Forman Family Foundation's EIN (Employer Identification Number) is 38-7106076. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Forman Family Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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