The Forsberg Charitable Foundation

SCOTTSDALE, AZ EIN: 20-4653999

The Forsberg Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. IRS filing data is available for 2020. In 2020, it awarded 16 grants totaling $5.7M. Net investment income was $446K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$5.7M

Grant Count

Avg Grant Size

$357K

Under IRS private-foundation payout rules, The Forsberg Charitable Foundation reported a distributable amount of $293K for 2020 — the minimum it must pay out in qualifying distributions.

About The Forsberg Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arizona $5.1M (89%)

Minnesota $377K (7%)

North Carolina $149K (3%)

Wisconsin $40K (1%)

Florida $38K (1%)

Colorado $30K (1%)

States

Arizona Colorado Florida Minnesota North Carolina Wisconsin

Cities

BooneCamp VerdeColorado SpringsDenverFergusMadisonMesaOrlandoPeoriaPhoenixScottsdaleSt PaulTempe

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$451,521
Expenses	$5,740,139
Qualifying Distributions	—
Net Investment Income	$445,710
Distributable Amount	$292,726

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 2020

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Phoenix Seminary ($2,232,000), Arizona Christian University ($2,215,000), Global Training Network ($291,000).

Recipient	Purpose	Amount
ARIZONA CHRISTIAN FOUNDATION PHOENIX, AZ	GENERAL SUPPORT	$79,889
ARIZONA CHRISTIAN UNIVERSITY PHOENIX, AZ	GENERAL SUPPORT	$2,215,000
CAMPUS CHRISTIAN CENTER TEMPE, AZ	GENERAL SUPPORT	$50,000
CAMPUS CRUSADE FOR CHRIST ORLANDO, FL	GENERAL SUPPORT	$37,500
CHURCH OF THE LUTHERAN BRETHREN FERGUS, MN	GENERAL SUPPORT	$116,000
GLOBAL TRAINING NETWORK PEORIA, AZ	GENERAL SUPPORT	$291,000
GOLF FORE AFRICA SCOTTSDALE, AZ	GENERAL SUPPORT	$108,000
INTERNATIONAL STUDENTS COLORADO SPRINGS, CO	GENERAL SUPPORT	$4,000
INTERVARSITY CHRISTIAN FELLOWSHIP MADISON, WI	GENERAL SUPPORT	$40,000
MINISTRY TRANSITIONS ST PAUL, MN	GENERAL SUPORT	$261,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
SHERMAN RORVIG	PRESIDENT	2	$8,000
MARYBETH NORDTVEDT	TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Forsberg Charitable Foundation?

The Forsberg Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. It holds — in total assets as of 2020.

Where does The Forsberg Charitable Foundation operate?

The Forsberg Charitable Foundation has awarded grants in Arizona, Colorado, Florida, Minnesota, North Carolina, Wisconsin.

What size grants does The Forsberg Charitable Foundation award?

In 2020, The Forsberg Charitable Foundation awarded 16 grants totaling $5.7M — an average of about $357K per grant, based on its IRS Form 990 filings.

How much is The Forsberg Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, The Forsberg Charitable Foundation reported a distributable amount of $293K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.