Private Foundation

FORMAN ARTS INITIATIVE INC

FORMAN ARTS INITIATIVE INC is a Private Foundation headquartered in PHILADELPHIA, PA. Financial data from the 2024 filing: $3.3M revenue, $2.2M expenses, $86.4M total assets. IRS filings disclose 10 grants awarded by this foundation, totaling roughly $1.2M.

EIN: 832902185 PHILADELPHIA, PA Latest filing: 2024
Total Revenue$3.3M
Total Expenses$2.2M
Total Assets$86.4M
Grants Given10
Grant Total$1.2M
Filing Years2019–2024

Sample Grants Given

PHILADELPHIA FOUNDATION
PHILADELPHIA, PA · 2024
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
$255,000
DREXEL UNIVERSITY
PHILADELPHIA, PA · 2024
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.
$75,000
PHILADELPHIA MURAL ARTS ADVOCATES
PHILADELPHIA, PA · 2024
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.
$60,000
BLACKSTAR PROJECTS INC
PHILADELPHIA, PA · 2024
GENERAL SUPPORT
$4,300
PHILADELPHIA FOUNDATION
PHILADELPHIA, PA · 2023
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.
$215,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR Adjoa Jones De Almeida
BOARD OF DIRECTOR Jaime Frankurt
VICE PRESIDENT Jennifer S Rice
BOARD OF DIRECTOR Judilee Reed
BOARD OF DIRECTOR Luke Nikas
PRESIDENT Michael C Forman

Officer compensation and complete director data available with membership.

Top Grant Purposes

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.
$455,000 1 grant
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
$255,000 1 grant
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.
$215,000 1 grant
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.
$150,000 2 grants
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.
$90,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.3M $2.2M $86.4M
2023 $-1.8M $2.9M $83.5M
2022 $7.5M $1.5M $83.3M
2020 $29.0M $1.1M $83.6M
2019 $19.7M $371K $55.8M

Between 2019 and 2024, reported annual revenue declined from $19.7M to $3.3M (-83%), with total assets most recently reported at $86.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in PA.

PA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for FORMAN ARTS INITIATIVE INC

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