Forman Arts Initiative Inc
EIN 832902185 Private FoundationTotal Given 2021–2024
$2.0M
13 grants · $504K avg/year
based on 4 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$75K
typical mid grants · $30K–$215K
grant size
80%
deep partner · 4/5 multi-year
repeat
$79.0M
Assets (2024)
5
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Phone
(215) 495-1160
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | N/A | $55.8M | $19.7M | N/A |
| 2021 | $770K | $83.8M | $1.2M | 3 |
| 2022 | $530K | $83.3M | $7.5M | 2 |
| 2023 | $322K | $83.5M | $-1.8M | 4 |
| 2024 | $394K | $79.0M | $3.3M | 4 |
Grant Size Distribution
Based on 13 grants on record
Minimum
$2K
25th Pctl
$30K
Median
$75K
Average
$155K
75th Pctl
$215K
Maximum
$685K
Geographic Distribution
Officers & Directors
MF
Michael C. Forman
5+ yrs
President
Leadership
JR
Jennifer S. Rice
5+ yrs
Vice President
Leadership
AA
Adjoa Jones De Almeida
Executive Director
Leadership
TT
Thomas Trala
4 yrs
Treasurer/Secretary/Cfo
Leadership
RJ
Rashid Johnson
Board of Director
WH
William R. HITE Jr
Board of Director
LN
LUKE Nikas
Board of Director
JF
Jaime Frankurt
Board of Director
JR
Judilee Reed
Board of Director
WP
Wendell Pritchett
Board of Director
Grants Awarded (13 total)
| Purpose | ||||
|---|---|---|---|---|
| Philadelphia Foundation | Philadelphia, PA | $685,000 | CREATION OF THE ART WORKS FUND. THE PURPOSE OF THE FUND IS TO PROVIDE FUNDS FOR CREATIVITY, CULTURE AND ARTS... | 2021 |
| Philadelphia Foundation | Philadelphia, PA | $455,000 | ARTWORKS (YR2) - GRANT TO SUPPORT ARTS, CULTURE & CREATIVITY IN COMMUNITY-BASED ORGANIZATIONS & ARTISTS... | 2022 |
| Philadelphia Foundation | Philadelphia, PA | $255,000 | ARTWORKS - GRANT TO SUPPORT ARTS, CULTURE AND CREATIVITY IN COMMUNITY-BASED ORGANIZATIONS AND ARTISTS WORKING IN... | 2024 |
| Philadelphia Foundation | Philadelphia, PA | $215,000 | ARTWORKS (YR4) - GRANT TO SUPPORT ARTS, CULTURE & CREATIVITY IN COMMUNITY-BASED ORGANIZATIONS & ARTISTS... | 2023 |
| Drexel University | Philadelphia, PA | $75,000 | CREATION OF THE FORMAN ARTS INITIATIVE CO-OP PROGRAM FUND AT THE LENFEST CENTER FOR CULTURAL PARTNERSHIPS | 2021 |
| Drexel University | Philadelphia, PA | $75,000 | SUPPORT IS INTENDED TO ESTABLISH THE FORMAN ARTS INITIATIVE CO-OP PROGRAM FUND AT THE LENFEST CENTER FOR CULTURAL... | 2022 |
| Drexel University | Philadelphia, PA | $75,000 | SUPPORT IS INTENDED TO ESTABLISH THE FORMAN ARTS INITIATIVE CO-OP PROGRAM FUND AT THE LENFEST CENTER FOR CULTURAL... | 2023 |
| Drexel University | Philadelphia, PA | $75,000 | ART WORKS DREXEL CO-OP - SUPPORT IS INTENDED TO ESTABLISH THE FORMAN ARTS INITIATIVE CO-OP PROGRAM FUND AT THE... | 2024 |
| Philadelphia Mural Arts Advocates | Philadelphia, PA | $60,000 | SUPPORT FOR PUBLIC WORKS RESIDENCY PROGRAM THAT EMBEDS ARTISTS IN CITY GOVERNMENT AGENCIES OR OTHER SIMILAR... | 2024 |
| Philadelphia Mural Arts Advocates | Philadelphia, PA | $30,000 | SUPPORT FOR PUBLIC WORKS RESIDENCY PROGRAM THAT EMBEDS ARTISTS IN CITY GOVERNMENT AGENCIES OR OTHER SIMILAR... | 2023 |
| Black Women Give Foundation | BALA Cynwyd, PA | $10,000 | GENERAL SUPPORT | 2021 |
| Blackstar Projects Inc | Philadelphia, PA | $4,300 | GENERAL SUPPORT | 2024 |
| Blackstar Projects Inc | Philadelphia, PA | $2,000 | GENERAL SUPPORT | 2023 |
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