Public Charity

THE FORBES FUNDS

THE FORBES FUNDS is a Public Charity headquartered in PITTSBURGH, PA. Financial data from the 2024 filing: $1.7M revenue, $2.3M expenses, $9.8M total assets. 20 publicly reported grants to this organization, totaling roughly $3.4M, appear in IRS filings.

EIN: 251418095 PITTSBURGH, PA Latest filing: 2024
Total Revenue$1.7M
Total Expenses$2.3M
Total Assets$9.8M
Grant Records20
Funding Total$3.4M
Filing Years2019–2024

Mission

SEE SCHEDULE O

Officers & Directors

CHAIR Bill Isler
MEMBER AT LARGE Elisabeth Schroeder
PRESIDENT/CEO Fred Brown
CHIEF PROGRAM OFFICER Hannah Karolak
VICE CHAIR James E Taylor
TREASURER Jason Jones

Officer compensation and complete director data available with membership.

Top Grant Purposes

PHILANTHROPY, VOLUNTARISM, AND GRANTMAKING
$1,356,774 3 grants
PUBLIC FOUNDATIONS
$843,164 2 grants
COMMUNITY ASSISTANCE
$502,527 1 grant
PHILANTHROPY VOLUNTARISM GRANTMAKING
$405,375 1 grant
BUILD THE LEADERSHIP CAPACITY OF LOCAL ORGANIZATIONS TO MORE EFFECTIVELY SERVE THE COMMUNITY THROUGH INDIVIDUAL COACHING AND TRAINING, PEER LEARNING COHORTS, AND CONSULTING ASSISTANCE OFFERED BY HIGHLY EXPERIENCED CONSULTANTS, RETIRED EXECUTIVES, AND GROUP TRAININGS.
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.7M $2.3M $9.8M
2023 $2.7M $2.6M $10.3M
2022 $1.7M $2.5M $9.8M
2020 $2.2M $2.3M $9.8M
2019 $2.1M $2.2M $9.4M

Between 2019 and 2024, reported annual revenue declined from $2.1M to $1.7M (-21%), with total assets most recently reported at $9.8M.

Interactive year-over-year charts and full filing details available with membership.

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