Compensation 990

The Forbes Funds

Fiscal year ending 2024. Filed on November 13, 2025.

Two Allegheny Ctr Nova Tower 2 404
Pittsburgh, Pennsylvania 15212

The Forbes Funds (EIN: 25-1418095) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Forbes Funds, a 501(c)(3) charitable organization, reported compensation for 5 out of 9 total employees. Among the employees shown here, the average compensation is $339,542. The highest compensated employee at The Forbes Funds is Elisabeth Schroeder with fiscal year 2024 compensation of $720,300.

Revenue, expenses, and employee compensation

Revenue

$1,683,390

Expenses

$2,320,380

Employee compensation

$1,051,642
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

－62.2%vs 2023
Jason Jones
Treasurer
$4,575
$4,575 from orgNo related compNo other comp
New in 2024
Stanley Litow
Member at Large (Enter 6/24)
No compensation reported
Sylvia Fields
Member at Large (Exit 3/24)
No compensation reported
Bill Isler
Chair
No compensation reported
Kathy Humphrey
Member at-large
No compensation reported
New in 2024
Jeremiah Brooker
Member at Large (Enter 6/24)
No compensation reported
James E Taylor
Vice Chair
No compensation reported

Mission Statement

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

Revisions to this organization profile

November 13, 2025:
2024 The Forbes Funds 990 filed
November 14, 2024:
2023 The Forbes Funds 990 filed
November 15, 2023:
2022 The Forbes Funds 990 filed

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