The Forman Valley Community Foundation Inc

Manito, IL, 61546 (309) 241-5867 Est. 1997 EIN 37-1365799
T30 - Public Foundations 990 - Public charity return 501(c)(3)

Mission

Management and administration of charitable funds and making distributions to nonprofit organizations and individuals through a volunteer self-perpetuating Board of Directors.

Giving Portfolio

Total Grants
16
Total Giving
$370K
Recipients
16
Years Active
2020 - 2025
Avg grant: $21,990 Median: $15,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20251$20K $20K01
20242$90K $45K02
20235$104K $21K23
20223$38K $13K12
20214$113K $28K40
20201$5K $5K10

Top States

Illinois
16

Top Grantees

Page 1 of 2
Village of Green Valley
IL - 3 grants
$110K
Green Valley Fire Protection District
IL
$75K
Forman Fire Protection District
IL - 2 grants
$56K
Village of Manito
IL - 2 grants
$39K
Forman Park District
IL - 2 grants
$27K
Ridgelake Fire ProtectionDistrict
IL
$16K
Midwest Central CUSD #191
IL
$15K
village of forest city
IL
$12K
Village of Green Valley Police Dept
IL
$10K
Village of Forest City
IL
$6K

Financials

Total Revenue
$154,639
Total Expenses
$50,644
Net Assets
$2,758,261
20 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 36.3%
Expenses ↓ 55.9%
Revenue Sources
Contributions 17.1% Investment 82.9%
Expense Breakdown
Program 58.3% Management 41.7%

Officers & Trustees (7)

Individual compensation is available on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$154,639 ↑$50,644$2,758,261
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$113,456 ↑$114,766$2,480,505
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$102,535 ↑$139,123$2,342,079
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$66,236 ↓$61,612$2,145,895
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$116,272 ↑$136,665$2,571,134
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$97,254 $33,840$2,436,693

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EIN: 37-1365799 · Source: IRS Form 990 e-file data