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Adam Forste

WyomingDiversified

AIProfile Summary

Adam Forste (born 1978) is a U.S.-based billionaire associated with Wyoming, with an estimated net worth of ~$2.0B. SEC filings list the name “Forste Adam Matthew Schwartz” and connect him to entities including Lineage Growth Properties, Inc. (LINE) and Bay Grove Capital Group LLC. His recorded political giving totals $128,108 across 48 contributions. RTB SEC EDGAR FEC

Business & SEC Activity

SEC EDGAR links Forste to multiple entities, including Lineage Growth Properties, Inc. (LINE), BG Lineage Holdings, LLC, BG Cold, LLC, and Bay Grove Capital Group LLC. He has 5 insider filings on record, including a Form 3 (an initial statement of beneficial ownership) dated 2024-07-25 and several Form 4 filings (used to report insider transactions such as buys, sells, or grants) through 2025-11-12. SEC EDGAR

Philanthropy

Three foundations associated with the Forster name reported combined assets of $36,522,948 in tax year 2023, including the Forster Connolly Foundation ($18,476,955) and the Forster Family Foundation ($17,983,481). Across these foundations, grants paid were reported as $0 in 2023, despite combined total revenues of $1,384,850 and combined total expenses of $4,342,866. ProPublica 990

Political Activity

FEC records show 48 contributions totaling $128,108, with top recipients including the Biden Victory Fund ($47,000) and DNC Services Corp / Democratic National Committee ($35,500). The party breakdown shows $64,183 to Democratic recipients, $1,000 to Republican recipients, and the remainder categorized as unknown/unspecified ($62,925 combined across “UNK” and “Unknown”). FEC

AI-generated summary from fec, rtb, sec_edgar, propublica_990 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

residenceWilson, Wyoming

990Philanthropy

$36.5MFoundation Assets
$4.6MGrants Paid
3Foundations
Forster Connolly FoundationHume, VA
Assets: $18.5MRevenue: $660KGrants: $2.1MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Forster Family FoundationHume, VA
Private independent foundation (IRS NTEE T22)
Assets: $18.0MRevenue: $667KGrants: $2.5MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
The Forster FoundationWesterville, OH
Public safety & disaster relief (IRS NTEE M12)
Assets: $63KRevenue: $58KGrants: $52KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$128KTotal Contributed
48Contributions
1979–2025Date Range

By Party

DEM
$64K
Unknown
$62K
REP
$1K
UNK
$750

Top Recipients

BIDEN VICTORY FUND$47K
DNC SERVICES CORP / DEMOCRATIC NATIONAL COMMITTEE$36K
THE LINCOLN PROJECT$10K
WARNOCK FOR GEORGIA$3K
AMY MCGRATH FOR SENATE, INC.$3K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

SECSEC Filings

5Total Filings
5Insider Filings
266EDGAR Mentions
0002018838Personal CIK

Associated Companies

Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.

Recent Insider Filings

4FORM 4
11/12/2025
44
5/12/2025
44
3/3/2025
44
8/27/2024
33
7/25/2024
Source: SEC EDGAR regulatory filings · latest on record (retrieved 3/9/2026) (sec_derived)

PBSScore Breakdown

C
43.9
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
27%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
75%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

Adam Forste — Public Benefit Score C (44) | Billionaire Army