Mission
The purpose is to encourage economic development by marketing and promoting activities aimed at attracting new industries to Janesville.
Public Charity
Forward Foundation Inc
Forward Foundation Inc is a nonprofit organization categorized as Public Charity based in Janesville, WI. Its most recent IRS filing (2025) reports revenue of $357K, expenses of $334K, total assets of $2.3M. Imperigo tracks 21 reported grant relationships connected to this organization totaling approximately $572K.
EIN: 391571083
Janesville, WI
Urban & Community Economic Development
NTEE: S31
Latest filing: 2025
Total Revenue$357K
Total Expenses$334K
Total Assets$2.3M
Grant Records21
Funding Total$572K
Filing Years2021–2025
Where $100 goes at Forward Foundation Inc
How Forward Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$44
Rock County 5.0 Project: This is a joint-county effort to improve the economic condition of the area
$29
Economic Development
$10
Vision Forward Fund
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
COMMUNITY SUPPORT
$30,000
MEDICAL / PUBLIC SERVICES
$17,500
General support for programs, operations and other charitable purposes
$12,500
GENERAL OPERATING SUPPORT
$10,000
FOR RECIPIENT'S EXEMPT PURPOSE
$7,000
Showing up to 5 of 21 total records — full history available with membership.
Officers & Directors
President (until 3/1/24)
Angela Pakes
Mgr Finance & Ops
Corinne Webber
Director
Craig Degarmo
Chair
David Hiller
Vice Chair
Derek Greene
Treasurer
George Cullen
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $357K | $334K | $2.3M |
| 2024 | $979K | $666K | $2.3M |
| 2023 | $407K | $336K | $2.0M |
| 2022 | $221K | $433K | $1.9M |
| 2021 | $183K | $628K | $2.6M |
Between 2021 and 2025, reported annual revenue grew from $183K to $357K (+95%), with total assets most recently reported at $2.3M.
Interactive year-over-year charts and full filing details available with membership.