Forwith Family Foundation Inc
- Assets
- $100.8k
- Revenue
- $161.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-2734025
Organization Overview
Forwith Family Foundation Inc is located in Louisville, KY. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Forwith Family Foundation Inc 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 12/2023, Forwith Family Foundation Inc generated $161.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 74.6% each year . All expenses for the organization totaled $159.2k during the year ending 12/2023. While expenses have increased by 74.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Forwith Family Foundation Inc has awarded 85 individual grants totaling $406,495. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS BEEN FOUNDED FOR THE PURPOSE OF PROVIDING BENEVOLENT GIVING FOR MEDICAL AND SURGICAL EDUCATION IN 2023 THE ORGANIZATION PROVIDED CHARITABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan M Forwith Secretarytreasurer | 0 | $0 | |
Keith D Forwith President | 0 | $0 | |
Liana M Forwith Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $160,355 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $161,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,120 |
| Contributions, gifts, grants paid | $158,090 |
| Total expenses and disbursements | $159,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,543 |
| Savings and temporary cash investments | $95,269 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $100,812 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Forwith Family Foundation Inc has awarded $158,090 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN HEALTH SERVICE CORPS PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE O | $2,400 |
NEW INTERNATIONAL PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE O | $2,200 |
PAACS PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE O | $120,000 |
PIONEERS PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE O | $2,400 |
SIM USA PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE O | $2,400 |
SOUTHEAST CHRISTIAN CHURCH PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE O | $21,000 |