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The Forbes Funds

Public charity
Other · PITTSBURGH, PA · EIN 25-1418095

About

The mission of the forbes funds is to focus on strengthening the management capacity and impact of community nonprofits individually and collectively. This mission is accomplished through capacity building, social innovation and the greater pittsburgh nonprofit partnership.

Donations are tax-deductible
Category
Other
Employees
12
Volunteers
23

Financial Snapshot

FY ending 2022-12-31
Revenue
$1.7M
Expenses
$2.5M
Assets
$9.8M
Liabilities
$581K

Financial history

$3.2M$1.6M$0
16171819202122
RevenueExpenses
Latest FY2022: $1.7M · Peak FY2017: $3.2M · Avg: $2.1M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
—
Lobbying
$0
Grants Given
$280K
THE FORBES FUNDS
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Address

Two Allegheny Center NOVA Tower 2 S
Pittsburgh, PA, 15212-000

Governance

Voting board members8
Independent members5
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %100.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.