From public IRS filings
THE FORBES FUNDS
PITTSBURGH, PA
Mission
TO FOCUS ON STRENGTHENING THE MANAGEMENT CAPACITY AND IMPACT OF COMMUNITY NONPROFITS INDIVIDUALLY AND COLLECTIVELY.
Financials (IRS Form 990)
Total revenue
$2.7M
Total expenses
$2.6M
Total assets
$10.3M
Program expense ratio
7449%
Source: IRS Form 990, tax year 2023.
Who funds THE FORBES FUNDS
$4.7M in foundation grants on record from 6 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Pittsburgh Foundation | $1.3M | 3 |
| Upmc Group | $35K | 2 |
| University of Pittsburgh | $15K | 2 |
| Mcauley Ministries | $5K | 1 |
Leadership
FRED BROWN — PRESIDENT (Principal officer)
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