The Forman Foundation
The Forman Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $479K in total assets. In 2024, it awarded 8 grants totaling $27K. Net investment income was $83K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$479K
+3.1% YoY
Annual Giving
$27K
-6.8% YoY
Grant Count
8
-50.0% YoY
Avg Grant Size
$3K
+86.4% YoY
About The Forman Foundation
Based on IRS filings
The Forman Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $479K in total assets. In 2024, it awarded 8 grants totaling $27K. Net investment income was $83K.
Ready to take the next step with The Forman Foundation?
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 | $479,485 | $465,063 | $414,561 |
| Revenue | $48,889 | $85,498 | $11,346 |
| Expenses | $34,467 | $34,996 | $39,449 |
| Qualifying Distributions | $26,980 | $28,952 | $30,858 |
| Net Investment Income | $82,957 | $79,507 | $3,793 |
| Distributable Amount | $29,109 | $26,984 | $29,699 |
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
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J Ross Forman III | Director | — | — |
| Dalton Forman Blankenship | Director | — | — |
| Elizabeth Forman Norwook | Director | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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