Forman Arts Initiative Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Forman Arts Initiative Inc. Data shown is extracted from Form 990-PF filings.

EIN: 83-2902185

Foundation Overview

Based in Philadelphia, PA, Forman Arts Initiative Inc has awarded 17 grants totaling $3,076,300 to organizations in Pennsylvania. Individual grants range from $2,000 to $685,000, with a median award of $75,000.

Latest Tax Year
2024
Total Giving (all years)
$3,076,300
Total Assets
$79,041,547
Median Grant (all grants)
$75,000

Latest Form 990-PF Snapshot

Total Grants
4
Median Grant
$67,500
% Median Grant Growth
+29% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: N/A

0 of 4 recipients (0%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Pennsylvania

100% of all grants are concentrated in Pennsylvania, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Pennsylvania, funding concentrates in Philadelphia (94%), Bala Cynwyd (6%).

Funding Trajectory
-49%

Declining funding trend with 49% decrease over 3 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Community Projects

Highly focused on community projects with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Forman Arts Initiative Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Philadelphia Foundation $255,000 Philadelphia, PA, US Artworks - Grant To Support Arts, Culture And Creativity In Community-based Organizations And Artists Working In Partnership With Black, Indigenous, People Of Color, Other Marginalized, And Vulnerable Communities In The Greater Philadelphia Area 2024
Drexel University $75,000 Philadelphia, PA, US Art Works Drexel Co-op - Support Is Intended To Establish The Forman Arts Initiative Co-op Program Fund At The Lenfest Center For Cultural Partnerships. 2024
Philadelphia Mural Arts Advocates $60,000 Philadelphia, PA, US Support For Public Works Residency Program That Embeds Artists In City Government Agencies Or Other Similar Organizations To Propose And Implement Creative Solutions To Pressing Civic Challenges. 2024
Blackstar Projects Inc $4,300 Philadelphia, PA, US General Support 2024
Drexel University $75,000 Philadelphia, PA, US Support Is Intended To Establish The Forman Arts Initiative Co-op Program Fund At The Lenfest Center For Cultural Partnerships. The Program Is Intended To Run For 5 Years. 2023
Philadelphia Foundation $215,000 Philadelphia, PA, US Artworks (Yr4) - Grant To Support Arts, Culture & Creativity In Community-based Organizations & Artists Working In Partnership With Black, Indigenous, People Of Color, Other Marginalized, & Vulnerable Communities In The Greater Phila Area. 2023
Philadelphia Mural Arts Advocates $30,000 Philadelphia, PA, US Support For Public Works Residency Program That Embeds Artists In City Government Agencies Or Other Similar Organizations To Propose And Implement Creative Solutions To Pressing Civic Challenges. 2023
Blackstar Projects Inc $2,000 Philadelphia, PA, US General Support 2023
Drexel University $75,000 Philadelphia, PA, US Support Is Intended To Establish The Forman Arts Initiative Co-op Program Fund At The Lenfest Center For Cultural Partnerships. The Program Is Intended To Run For 5 Years. 2022
Philadelphia Foundation $455,000 Philadelphia, PA, US Artworks (Yr2) - Grant To Support Arts, Culture & Creativity In Community-based Organizations & Artists Working In Partnership With Black, Indigenous, People Of Color, Other Marginalized, & Vulnerable Communities In The Greater Phila Area. 2022
Drexel University $75,000 Philadelphia, PA, US Support Is Intended To Establish The Forman Arts Initiative Co-op Program Fund At The Lenfest Center For Cultural Partnerships. The Program Is Intended To Run For 5 Years. 2022
Philadelphia Foundation $455,000 Philadelphia, PA, US Artworks (Yr2) - Grant To Support Arts, Culture & Creativity In Community-based Organizations & Artists Working In Partnership With Black, Indigenous, People Of Color, Other Marginalized, & Vulnerable Communities In The Greater Phila Area. 2022
Drexel University $75,000 Philadelphia, PA, US Support Is Intended To Establish The Forman Arts Initiative Co-op Program Fund At The Lenfest Center For Cultural Partnerships. The Program Is Intended To Run For 5 Years. 2022
Philadelphia Foundation $455,000 Philadelphia, PA, US Artworks (Yr2) - Grant To Support Arts, Culture & Creativity In Community-based Organizations & Artists Working In Partnership With Black, Indigenous, People Of Color, Other Marginalized, & Vulnerable Communities In The Greater Phila Area. 2022
Drexel University $75,000 Philadelphia, PA, US Creation Of The Forman Arts Initiative Co-op Program Fund At The Lenfest Center For Cultural Partnerships 2021
Philadelphia Foundation $685,000 Philadelphia, PA, US Creation Of The Art Works Fund. The Purpose Of The Fund Is To Provide Funds For Creativity, Culture And Arts Organizations And Artists Working In The Community 2021
Black Women Give Foundation $10,000 Bala Cynwyd, PA, US General Support 2021

Foundations Similar to Forman Arts Initiative Inc

Discover 5 foundations with comparable assets ($69,624,990-$82,397,257), similar grant patterns, and geographic focus in PA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 34-1465569 | 195 grants awarded
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$75,000
median grant
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Same state
100%
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EIN: 27-0222692 | 354 grants awarded
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$43,000
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EIN: 23-3009586 | 164 grants awarded
$73,983,672
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$50,000
median grant
Malvern, PA
Same state
99%
Excellent match

EIN: 04-6278857 | 471 grants awarded
$73,557,368
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$50,000
median grant
Pittsburgh, PA
Same state
99%
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EIN: 36-4613133 | 184 grants awarded
$69,624,990
(≈ Similar)
$100,000
median grant
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Same state
96%
Excellent match

Contact Information

Official contact details for Forman Arts Initiative Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 83-2902185
Website https://formanartsinitiative.org
Address 201 ROUSE BLVD Philadelphia, PA 19112-1902

Key People (10)

Board members, trustees, and key staff who oversee Forman Arts Initiative Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Michael C Forman
Vice President Jennifer S Rice
Treasurer/secretary/cfo Thomas Trala
Executive Director Adjoa Jones De Almeida
Board Of Director Jaime Frankurt

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Forman Arts Initiative Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.