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
74%
Source: IRS Form 990, tax year 2023.
Who funds THE FORBES FUNDS
$5.1M in foundation grants on record from 9 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Heinz Endowments | $3M | 11 |
| Pittsburgh Foundation | $1.3M | 3 |
| Hillman Family Foundations | $575K | 5 |
| Buhl Foundation | $35K | 2 |
| Upmc Group | $35K | 2 |
| Grable Foundation | $30K | 2 |
| University of Pittsburgh | $15K | 2 |
| Mcauley Ministries | $5K | 1 |
| Evan and Tracy Segal Family Foundation | $1K | 1 |
Leadership
FRED BROWN — PRESIDENT (Principal officer)
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