Forest Foundation
- Assets
- $2.3m
- Revenue
- $89.2k
- Investments
- $2.3m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 45-3014394
Organization Overview
Forest Foundation is located in Madison, WI. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Forest Foundation generated $89.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $189.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Forest Foundation has awarded 106 individual grants totaling $724,623. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS PAID TO OTHER 501(C)(3) ORGANIZATIONS FOR OPERATIONS AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara E Klein President | 1 | $0 | |
Daniel A Klein Vice President | 1 | $0 | |
Brandon Krueger Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,791 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,735 |
| Capital Gain Net Income | $38,735 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $680 |
| Total Revenue | $89,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,036 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $410 |
| Total operating and administrative expenses | $23,051 |
| Contributions, gifts, grants paid | $166,099 |
| Total expenses and disbursements | $189,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $917 |
| Savings and temporary cash investments | $51,125 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $434,941 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,341,163 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,198 |
| Total liabilities | $1,198 |
Grants Awarded
Over the last fiscal year, Forest Foundation has awarded $166,099 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
PLANNED PARENTHOOD OF WI INC PURPOSE: SUPPORT OF JUSTICE FUND | $30,000 |
WOMEN'S MEDICAL FUND INC PURPOSE: GENERAL OPERATIONS | $20,000 |
MADISON PUBLIC LIBRARY FDN INC PURPOSE: SUPPORT OF MONROE STREET LIABRARY BRANCH | $5,000 |
JEWISH FOUNDATION INC PURPOSE: SUPPORT OF KITTY HOLDNER KOBRIN AND BARBARA EDEN KOBRIN SCHOLARSHIP FUND | $25,000 |
WISCONSIN PUBLIC RADIO PURPOSE: GENERAL OPERATIONS | $10,000 |
FOUR SEASONS THEATRE PURPOSE: ENCOURAGES THE DEVELOPMENT OF DRAMA, MUSIC, DANCE AND TECHNICAL SKILLS THROUGH EDUCATIONAL OUTREACH. | $4,000 |