NonprofitsForward Cities Inc

Community Improvement & Capacity Building

Forward Cities Inc

DURHAM, NC

Total revenue

$1.7M

Total expenses

$1.4M

Net assets

$584K

Grants received

$4.8M

41 grants

EIN

134302280

Tax year

2024

Mission

To equip community leaders, catalyze narrative change, and measure progress over time, leveraging first-hand ecosystem building experiences across the nation.

Programs

2 programs

The black wall street forward pilot program launched in 2022 and was modeled on the pillars that made durham's original black wall street successful, with the goal of continuing the legacy of catalyzing black business owners and champions. The transformative program engaged five communities throughout the state of north carolina in a cohort-based learning journey to explore the past and present of black entrepreneurship in those communities and to take collaborative action to build a better collective future.

Expenses: $301KGrants: $4K

Tulsa ecosystem- forward cities partnered with build in tulsa to create a comprehensive data framework for accelerator and entrepreneurship-support program improvement. Build in tulsa provides entrepreneurs with a network of accelerators, mentoring, education, networking, and direct financial assistance to build community and strategic partnerships.

Expenses: $141K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income
Other revenue$3K
Total revenue$1.7M

Expenses

Grants paid$174K
Salaries & benefits$576K
Fundraising$19K
Other expenses$695K
Total expenses$1.4M
Total assets$584K
Net assets$584K

People

7 listed

NameRoleCompensation

C FAY HORWITT

PRESIDENT AND CEO

Board

$147K

40 hrs/wk

CHRISTINA CAIN

MEMBER

Board

5 hrs/wk

LAUREN PAUL

MEMBER

Board

5 hrs/wk

DEMETRA BROWN

MEMBER

Board

5 hrs/wk

PETE CARLSON

BOARD CHAIR

Board

10 hrs/wk

ADRIAN SMITH

TREASURER

Board

10 hrs/wk

TREVOR SMITH

MEMBER

Board

5 hrs/wk

Grants received

Showing 41 of 41

FromAmountPurposeYear
$250K
SUPPORT FOR 2024 GENERAL OPERATING EXPENSES. 202410-17074
2024
$110K
Tulsa Ecosystem Program Evaluation
2024
$50K
GRANT FOR BUSINESS SUPPORT ORGANIZATION
2024
$25K
PLACE BUILDERS FELLOWSHIP
2024
$15K
CREATIVITY AND INNOVATION
2024
$250K
ECONOMIC OPPORTUNITY - NATIONAL
2023
$250K
GENERAL OPERATING
2023
$25K
PUBLIC, SOCIETAL BENEFIT
2023
$5K
EQUITY FOR EVERY ENTREPRENEUR IN DURHAM
2023
$40
GENERAL OPERATING SUPPORT
2023
$475K
SUPPORT FOR GENERAL OPERATIONS TO MAINTAIN PROGRAMING ACTIVITIES. 202205-12362
2022
$400K
GENERAL OPERATING
2022
$75K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2022
$450K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
$50K
CATALYZING JEANNETTES EQUITABLE ENTREPRENEURIAL ECOSYSTEM
2021
$10K
ENGAGE GRANTS
2021
$10K
SPONSORSHIP
2021
$650K
Support for implementing and testing a replicable, grassroots-based approach to strengthening entrepreneurial ecosystems. 202002-8002
2020
$626K
Support for the creation and testing of a repeatable, bottom-up approach to building and strengthening entrepreneurial ecosystems. 201903-6306
2020
$90K
COMMUNITY ENTREPRENEURSHIP ACCELERATOR
2020
$90K
TOWARD SUPPORT OF THE PITTSBURGH COMMUNITY ENTREPRENEURSHIP ACCELERATOR
2020
$75K
ECONOMIC DEVELOPMENT
2020
$75K
URBAN AFFAIRS
2020
$75K
URBAN AFFAIRS
2020
$63K
Community Entrepreneurship Accelerator
2020
$50K
URBAN AFFAIRS
2020
$36K
URBAN AFFAIRS
2020
$21K
Marketing Package support
2020
$19K
URBAN AFFAIRS
2020
$15K
GLOBAL INCLUSIVE GROWTH SPARK
2020
$10K
2020 FUNDING OPERATIONS
2020
$140K
General Support
2019
$38K
Community Innovation Accelerator
2019
$30K
PUBLIC, SOCIETAL BENEFIT
2019
$10K
Operating Support/Annual Fund
2019
$75K
FORWARD CITIES: REGIONAL GROWTH INNOVATION NETWORK (RGIN) STARTUP LAUNCH
2018
$43K
Community Innovation Accelerator
2018
$15K
GENERAL SUPPORT
2018
$25K
Community Development
2017
$10K
Operating Support
2017

Funded by

$4.8M from 25 funders · 41 grants · 2017–2024

Ewing Marion Kauffman Foundation

$2.0M · 4 grants · 2020–2024

Truist Foundation Inc

$650K · 2 grants · 2022–2023

Jpmorgan Chase Foundation

$525K · 3 grants · 2021–2023

Columbus Foundation

$255K · 5 grants · 2020

Target Foundation

$250K · 1 grant · 2023

Surdna Foundation Inc

$140K · 1 grant · 2019

Hillman Family Foundations

$140K · 2 grants · 2020–2021

George Kaiser Family Foundation

$110K · 1 grant · 2024

Details

EIN134302280
NTEE codeS31
Subsection03
Ruling date2006-11
Formed2005
Employees9
Volunteers6
FORWARD CITIES INC — Mission, Financials & Grants Received | Grantivo