Form 990 for tax year 2022
Filed by INDEPENDENT ORDER OF FORESTERS GROUP RETURN.
Totals
- Total revenue
- $1,786,495
- Total expenses
- $1,828,108
- Contributions and grants received
- $1,785,200
- Grants paid
- $1,828,108
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,295
- Total assets, end of year
- $3,862,302
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,862,302
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,828,108
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$1,785,200
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: Interest Revenue
total $1,295 · related or exempt $1,295 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,295
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,828,108
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,891,905 · end of year $3,852,941
-
4 · Accounts receivable
beginning of year $12,010 · end of year $9,361
-
27 · Net assets without donor restrictions
beginning of year $3,903,915 · end of year $3,862,302
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
Foresters offer quality life insurance products, unique member benefits and inspiring community activities to fulfill its purpose of improving the overall well-being of its members and their communities. Within the Branch system, the fraternal benefits are delivered at the local level through local involvement programming. In large part, this is done through Foresters Community Grants, which allows members to apply for funds to organize local activities that make a difference in their communities. The main objective of the Granting program is to engage members in Foresters purpose of enhancing the well-being of families and communities by funding local community volunteer and fun family activities.
Activities or mission (Part I)
The Independent Order of Foresters (Foresters) is a fraternal benefit society that provides financial services products and unique benefits to its members and their families. Through its member-governed Branch network, Foresters members are provided opportunities to organize and participate in local volunteer activities and fun member events. Within this model of community service, Foresters lives its purpose of enhancing the well-being of its members, their families and their local communities. The Granting program in 2022 saw an increase in the number of member engagement across the entire Membership base, and across all three regions in the U.S. In particular, the 2022 program year granted $1,836,174 to local volunteer, Fun Family activities, Foresters Care and Branch Matching and Fraternal Funding programs. A total of 1,562 activities were held across the U.S., engaging 19,100 members and their families in delivering Foresters purpose.
-
Community Volunteer Activities (CV): Each of the 35 U.S. Branches allocates funds towards local volunteer activities that make a difference in member communities, referred to as Community Volunteer (CV) activities. In 2022, there were a total of 495 CV events across the U.S., receiving $909,074 in Branch funding, which engaged thousands of local members in volunteerism and community service. These activities all served a real need in local communities and /or supported charitable organizations such as local schools, shelters and children's hospitals. A few examples of Community Volunteer activities include: building and cleaning playgrounds, creating care kits for shelters, cooking meals at senior residences and running arts and crafts activities for families staying in children's hospitals. The impact of these activities extends beyond our members and exemplifies Foresters commitment to its purpose of serving local communities.
Expenses $909,074 · Grants $909,074
-
Fun Family Activities (FF): Foresters also gives its members the opportunity to apply for funding through their local Branches to organize or participate in Fun Family activities with the goal of creating family time, which is another way Foresters contributes to building stronger families and communities. In 2022, 813 Fun Family (FF) activities were held across the US, providing families with the opportunity to spend quality time together at amusement parks, movies, zoos etc. Foresters allocated $747,144 in funding, which resulted in thousands of members engaged in Foresters purpose.
Expenses $747,144 · Grants $747,144
-
The Foresters Care grant benefit allows members to enjoy the full experience of preparing, organizing, and executing their meaningful volunteering activities to help make a difference in their local communities. Foresters Care leverages the power and potential of social media so members can share their success stories and motivate each other to get involved in Foresters member benefits, helping those in need. In 2022, Foresters allocated $150,136 in funding to this program in the US. The resulted in thousands of members engaged in the Foresters purpose.
Expenses $150,136 · Grants $150,136
-
In 2021, Membership introduced the Branch Matching and Fraternal Funding program. The objective of the Branch Matching Program is to provide annual funding to Branch Councils allowing them to organize activities to help local communities in need. The objective of the Fraternal Funding Program is to provide annual funding at a Regional level to support the ability to connect and socialize with other members within their Region. In 2022, $21,754 was awarded in grants for the Branch Matching - Fraternal Funding program across the three US regions.
Expenses $21,754 · Grants $21,754
As filed on the 2022 return.
Listed in Part VII
-
Linda Foster
Regional President, Central US Region
- Total calculated
- $0
- Hours/week
- 1
-
Susan Panepinto
Regional Vice President, Central US Region
- Total calculated
- $0
- Hours/week
- 1
-
Philip Kelsey
Regional President, Eastern US Region
- Total calculated
- $0
- Hours/week
- 1
-
Constance Mullen
Regional Vice President, Eastern US Region
- Total calculated
- $0
- Hours/week
- 1
-
Debbie McMillen
Regional President, Western US Region
- Total calculated
- $0
- Hours/week
- 1
-
Gwendolyn Hicks
Regional Vice President, Western Region
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
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The Independent Order of Foresters (Parent)
501(c)8 · Fraternal · CA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Foresters Equity Services Inc
C · Broker/Dealer · CA · 100% owned
Directly controlled by The Independent Order of Foresters
-
Foresters Financial Services Inc
C · Broker/Dealer · NY · 100% owned
Directly controlled by The Independent Order of Foresters
-
Foresters Investment Management Company Inc
C · Holding Company · NY · 100% owned
Directly controlled by The Independent Order of Foresters
-
Foresters Investor Services Inc
C · Transfer Agent · NY · 100% owned
Directly controlled by The Independent Order of Foresters
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420269349300502
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