FORBES FUNDS
FIVE PPG PLACE NO 250, PITTSBURGH, PA 15222 www.forbesfunds.org

Total Revenue
$2,139,922
Total Expenses
$2,225,199
Net Assets
$8,782,409

Organizations Filed Purposes: 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.

TO FOCUS ON STRENGTHENING THE MANAGEMENT CAPACITY AND IMPACT OF COMMUNITY NONPROFITS INDIVIDUALLY AND COLLECTIVELY.

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. THE FORBES FUNDS HAS INTERACTED WITH OR CONVENED APPROXIMATELY 1,500 THOUGHT LEADERS WITHIN THE NONPROFIT SECTOR THROUGH THE GREATER PITTSBURGH NONPROFIT PARTNERSHIP, ACADEMY FOR CAUSE AND COMMUNITY ENGAGEMENT LEADERSHIP LEVEL 1 AND LEVEL 2, EXECUTIVE-IN-RESIDENCE, MANAGEMENT ASSISTANCE GRANTS, CATALYTIC COMMUNITY COHORTS, PERFORMANCE IMPERATIVE AND LARGE AND SMALL AGENCY COHORTS. THIS NUMBER REPRESENTS NEARLY HALF THE NUMBER OF CURRENT NONPROFIT ORGANIZATIONS IN ALLEGHENY COUNTY AND OVER 25% OF THE TEN-COUNT REGION'S NONPROFIT SECTOR.

GREATER PITTSBURGH NONPROFIT PARTNERSHIP - LEVERAGING THE COLLECTIVE STRENGTH OF THE SECTOR TO INFORM POLICY, GIVE INPUT TO COMMUNITY PRIORITIES AND STRATEGIES, AND INCREASE THEIR PURCHASING POWER. BI-ANNUALLY GPNP ORGANIZES THE GREATER PITTSBURGH NON-PROFIT SUMMIT WHICH BRINGS TOGETHER LOCAL NONPROFIT STAFF AND BOARD MEMBERS PLUS OTHER INTERESTED PARTIES TO DISCUSS VARIOUS TOPICS OF INTEREST FOR NONPROFITS THAT FOSTERS CAPACITY BUILDING AND SOCIAL INNOVATION.

SOCIAL INNOVATION - ACCELERATING THE DEVELOPMENT OF OPERATING MODELS AND TECHNOLOGICAL INNOVATION TO REDUCE EXPENSE AND/OR INCREASE IMPACT OF OUR COMMUNITY NONPROFIT ORGANIZATIONS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Fred BrownPRESIDENT65$170,401
Bill IslerMEMBER AT LARGE1$0
Kathy HumphreyMEMBER AT LARGE1$0
Patrick DowdMEMBER AT LARGE1$0
Nancy RackoffSECRETARY/TREASURER1$0
Scott LammieCHAIR1$0
Elisabeth SchroederMEMBER AT LARGE (ENTERED 6/1/19)1$0
Maxwell KingMEMBER AT LARGE (EXITED 6/30/19)1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023189349300607_public.xml