THE FORBES FUNDS

As filed

Subsection

03

Classification

1000

Street

TWO ALLEGHENY CENTER NOVA TOWER 2 S

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• CAPACITY BUILDING: PROVIDING NONPROFITS WITH RESOURCES, THROUGH GRANTMAKING AND COHORTS, AND LEARNING FORUMS TO ENABLE THEM TO MANAGE A DISRUPTIVE EVENT, REFRAME THEIR THINKING ABOUT A SPECIFIC ISSUE THAT IMPACTS OPERATIONS, AND PREPARE FOR THE FUTURE. PRIORITY IS GIVEN TO HUMAN SERVICES AND COMMUNITY DEVELOPMENT ORGANIZATIONS IN ALLEGHENY COUNTY.

  Expenses $883,017 · Grants $170,000 · Revenue $291,160

• GPNP: LEVERAGING THE COLLECTIVE STRENGTH OF THE SECTOR TO INFORM POLICY, GIVE INPUT TO COMMUNITY PRIORITIES AND STRATEGIES, AND INCREASE THEIR PURCHASING POWER. BIENNIALLY, GPNP ORGANIZES AI COHORTS WHICH BRINGS TOGETHER LOCAL NONPROFIT STAFF AND BOARD MEMBERS PLUS OTHER INTERESTED PARTIES TO DISCUSS OVER AN AFTERNOON, VARIOUS TOPICS OF INTEREST FOR NONPROFITS THAT FOSTERS CAPACITY BUILDING AND SOCIAL INNOVATION.

  Expenses $333,098 · Revenue $118,520

• THE FUND SITS AT THE INTERSECTION BETWEEN PHILANTHROPY AND THE NONPROFIT COMMUNITY. BUILDING UPON OUR 40 PLUS YEAR HISTORY OF SUPPORTING OUR REGION, THE FUND HAS SHIFTED TOWARDS A SYSTEMIC, ECOSYSTEMS DEVELOPMENT APPROACH TO DRIVE TRANSFORMATIVE CHANGE. THE MISSION OF THE FUND FOCUSES ON IMPROVING AND EMPOWERINGTHE MANAGEMENT CAPACITY AND IMPACT OF HUMAN SERVICES AND COMMUNITY-BASED NONPROFITS BOTH AS INDIVIDUAL ORGANIZATIONS AND AS A UNIFIED COALITION OF LEADERS, FUNDERS AND ADVOCATES WORKING COLLABORATIVELY THROUGHOUT SOUTHWESTERN PENNSYLVANIA. CONTINUES ON SCHEDULE O OVER THE PAST SIX YEARS THE FUND HAS ALIGNED ITS TRADITIONAL PROGRAMMING TO INCREASE ENGAGEMENT WITH THE FUND'S REGIONAL PARTNERS AND TO IDENTIFY WHERE GAPS AND OVERLAPS OF SERVICES AND INVESTMENTS EXIST. TODAY, THE FUND HAS CONVENED THOUGHT LEADERS WITHIN THE NONPROFIT SECTOR THROUGH THE GREATER PITTSBURGH NONPROFIT PARTNERSHIP ("GPNP"), LEARNING AND EDUCATION , EXECUTIVE-IN-RESIDENCE ("EIR"), MANAGEMENT ASSISTANCE GRANTS ("MAGS"), CATALYTIC COMMUNITY COHORTS ("C3"), THE COMMONS, AND LARGE AND SMALL AGENCY COHORTS, THE FUND WORKS WITH NONPROFIT ORGANIZATIONS IN ALLEGHENY COUNTY AND SOUTHWESTERN PENNSYLVANIA AND IS BUILDING A GROWING NETWORK OF PARTNERSHIPS ACROSS THE COMMONWEALTH OF PENNSYLVANIA, THE NATION, AND THE GLOBE. IN 2020, THE FUND'S BOARD OF DIRECTORS (THE "BOARD") APPROVED A RACIAL JUSTICE EQUITY FRAMEWORK.. THIS FRAMEWORK INCLUDES INVESTING IN DIVERSE LEADERSHIP, INCREASING THE CAPACITY OF MINORITY-LED ORGANIZATIONS, DEVELOPING SCENARIO PLANNING AND INCREASING COLLABORATIVE CAPACITY OF REGIONAL ORGANIZATIONS. THIS HAS LED TO THE DEVELOPMENT OF AN INTERNATIONAL ANTI-RACISM INSTITUTIONAL COHORT ("ARC") AND THE TRANSFORMATIVE LEADERSHIP COHORT. THE FUND WORKS WITH THE REGIONAL NONPROFIT SECTOR TO NOT ONLY HELP ORGANIZATIONS SURVIVE THE PANDEMIC BUT TO PREPARE FOR THE CHANGES THAT WILL LIKELY OCCUR INCLUDING CHANGES TO FUNDING CYCLES, PHILANTHROPIC PRIORITIES, AND AN INCREASE EMPHASIS ON COLLABORATION. THIS HAS LED TO THE LAUNCH OF VARIOUS LEARNING COHORTS WITH NONPROFITS ON TOPICS SUCH ASARTIFICIAL INTELLIGENCE, HUMAN RESOURCES, EQUITABLE ENTREPRENEURISM, FUNDRAISING AND ADVOCACY, REVENUE DIVERSIFICATION, SUCCESSION PLANNING, OPERATIONAL RESERVES, AND SCENARIO PLANNING. THE FUND HAS WORKED WITH A GROUP OF SKILLS PRACTITIONERS, EDUCATORS, DOCTORS, SCIENTISTS, AND PHILANTHROPISTS TO ADDRESS THE IMPACT ON THE PANDEMIC ON RESILIENT COMMUNITIES AROUND THE COMMONWEALTH OF PENNSYLVANIA. THIS WORK WAS IN COLLABORATION WITH THE PA SECRETARY OF HEALTH AND IS FOCUSED ON ADDRESSING CURRENT HEALTH AND HEALTHCARE INEQUITIES, EQUIPPING FEDERALLY QUALIFIED HEALTH CENTERS WITH RESOURCES LIKE CONTACT TRACERS, AND SUPPORTING WORKFORCE AND SOCIAL SECTOR INVESTMENTS FOR ESSENTIAL WORKERS WHO ARE MORE LIKELY TO CONTRACT THE DISEASE.THE FUND HAS ALSO PARTNERED WITH TECHNOLOGY COMPANIES TO SUPPORT NONPROFIT ADOPTION TO EMERGING TECHNOLOGIES LIKE ASSISTED INTELLIGENCE. THE FUND NOW ALIGNS ALL SERVICES WITH THE SOCIAL DETERMINATES OF HEALTH ("SDOH") AND UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS ("UNSDG") TO SHOW THE LOCAL AND GLOBAL IMPACTS OF THE REGION. THIS NEW APPROACH TO ECOSYSTEMS DEVELOPMENT REQUIRES LEVERAGING PARTNERSHIPS AND TOOLS TO ESTABLISH SHARED GOALS. THE GOAL IS TO NOT ONLY IMPROVE ORGANIZATIONAL CAPACITY OF NONPROFITS BUT TO ENSURE THAT THE POPULATIONS SERVED BY ORGANIZATIONS THE FUND SUPPORTS WILL BENEFIT AS WELL. THE PREMISE IS THAT INDIVIDUALS SERVED BY THE ORGANIZATIONS THE FUND SUPPORTS ARE OFTENTIMES DEALING WITH MORE THAN ONE ISSUE, AND A HOLISTIC, COLLABORATIVE APPROACH INVOLVING THE INPUT OF MULTIPLE ORGANIZATIONS IS NECESSARY. THE FUND'S WORK IS CENTERED AROUND MORE THAN TRANSACTIONAL RELATIONSHIPS AND APPROACHES; THE AIM IS TO FOSTER TRANSFORMATIONAL PARTNERSHIPS AND TO OPTIMIZE HOW THE NONPROFIT ECOSYSTEM INTERACTS WITH FUNDERS, GOVERNMENT, PRIVATE SECTOR AND OTHERS IN THE PITTSBURGH REGION. CURRENTLY, THE FUND IS EXPLORING CO-DESIGNED APPROACHES THAT ARE ITERATIVE AND AGILE, ESPECIALLY AS THE NONPROFIT SECTOR ADDRESSES THE REALITIES OF ECONOMIC STRESSES AND SHOCKS TO THE REGION. RECOGNIZING THAT THESE STRESSES AND SHOCKS WILL PUT UNTOLD STRAIN ON SOUTHWESTERN PENNSYLVANIA, THE FUND'S INTENTION WILL BE MOVING FROM SYSTEMS CHANGE TO ECOSYSTEMS COCREATION--WHERE DIVERSE NETWORKS AND CROSS-SECTORAL PARTNERSHIPS CAN HAVE VIBRANT EXCHANGES OF IDEAS AND WHERE LEADERS CAN DRIVE SHARED SOLUTIONS.

  Expenses $49,311

• SOCIAL INNOVATION: ACCELERATING THE DEVELOPMENT OF PARTNERING MODELS AND TECHNOLOGICAL INNOVATION, LIKE ARTIFICIAL INTELLIGENCE, TO REDUCE EXPENSES AND/OR INCREASE THE IMPACT OF COMMUNITY NONPROFIT ORGANIZATIONS.

  Expenses $398,154

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,683,390

  Expenses

  $2,320,380

  Contributions

  $519,055

  Grants paid

  $170,000

• 2023

  Revenue

  $2,655,431

  Expenses

  $2,593,246

  Contributions

  $1,960,108

  Grants paid

  $210,000

• 2022

  Revenue

  $1,718,199

  Expenses

  $2,499,418

  Contributions

  $1,251,960

  Grants paid

  $305,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $3,486,741

  Expenses

  $2,450,807

  Assets (EOY)

  $11,532,180

• 2020 · 990

  Revenue

  $2,202,842

  Expenses

  $2,338,217

  Assets (EOY)

  $9,800,019

• 2019 · 990

  Revenue

  $2,139,922

  Expenses

  $2,225,199

  Assets (EOY)

  $9,406,238

• 2018 · 990

  Revenue

  $1,490,105

  Expenses

  $2,282,979

  Assets (EOY)

  $8,550,482

• 2017 · 990

  Revenue

  $3,192,549

  Expenses

  $2,847,538

  Assets (EOY)

  $9,953,099

• 2016 · 990

  Revenue

  $1,825,461

  Expenses

  $2,021,498

  Assets (EOY)

  $9,175,202

• 2015 · 990

  Revenue

  $2,801,520

  Expenses

  $2,563,240

  Assets (EOY)

  $9,165,582

• 2014 · 990

  Revenue

  $2,712,149

  Expenses

  $1,944,708

  Assets (EOY)

  $9,164,369

• 2013 · 990

  Revenue

  $2,092,585

  Expenses

  $1,363,512

  Assets (EOY)

  $8,113,735

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,175,535

  Assets (EOY)

  $6,693,102

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• HOMELESS CHILDREN'S EDUCATION FUND

  $40,000

  2023 · IMPLEMENT A COMMUNITY POP-UP ELEMENT TO EXPAND MOBILE LEARNING PROGRAM

• SKYLINE RECOVERY

  $40,000

  2022 · TO FORM A FORMAL STRATEGIC PARTNERSHIP TO REMOVES BARRIERS AND EMPOWERS INDIVIDUALS

• POINT PARK UNIVERSITY

  $40,000

  2024 · FUND A CONSULTANT TO ASSESS AND ADVISE IF A COORDINATED SHARING OF RESOURCES IS COST EFFECTIVE.

• SHADOW STUDENT ATHLETE DEVELOPMENT SERVICES INC

  $30,000

  2023 · FOSTER DIVERSITY, EQUITY, INCLUSION, BELONGING AND ACCESSIBILITY; PROMOTE HEALTH EQUITY IN THE COMMUNITY

• LARIMER CONSENSUS GROUP

  $30,000

  2022 · DEVLOP A PHYSICAL/DIGITAL INFRASTRUCTURE TO ALLOW SENIORS TO RECORD VIDEO MESSAGES AT STORY-SITES

• AWAKEN PITTSBURGH

  $30,000

  2022 · TO DEVELOP A SHARED COMMUNITY HEALTH, EDUCATION, AND WELLBEING SPACE

• PITTSBURGH NATIONAL YOUTH BOXING DBA TEAM 412PITTSBURGH BOX 412

  $30,000

  2024 · TO IMPROVE DATA TRACKING, OPERATIONAL EFFICIENCY, AND SUPPORTING UNDERREPRESENTED YOUTH.

• OPERATION BETTER BLOCK

  $25,000

  2022 · AID FOR FINANCIAL CRISIS TO CREATE A FINANCAL SPENDING TRACKING SYSTEM

• ALLEGHENY LAND TRUST

  $25,000

  2022 · RETAIN DEI CONSULTANT TO DEVELOP POLICIES, PRACTICES, AND PROGRAMS

• CASA SAN JOSE

  $20,000

  2023 · FOR THE LATINX ARTIST RESIDENCY SHARED PROGRAM

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• THE PITTSBURGH FOUNDATION

  $502,527

  2024 · COMMUNITY ASSISTANCE

• THE PITTSBURGH FOUNDATION

  $437,400

  2023 · PUBLIC FOUNDATIONS

• THE PITTSBURGH FOUNDATION

  $405,764

  2022 · PUBLIC FOUNDATIONS

• UPMC

  $25,000

  2023 · GENERAL SUPPORT

• UNIVERSITY OF PITTSBURGH

  $7,500

  2023 · SPONSORSHIP

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files