Compensation 990

The Forbes Funds

Fiscal year ending 2019. Filed on November 13, 2020.

Five Ppg Place No 250
Pittsburgh, Pennsylvania 15222

The Forbes Funds (EIN: 25-1418095) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, The Forbes Funds, a 501(c)(3) charitable organization, reported compensation for 3 out of 10 total employees. Among the employees shown here, the average compensation is $329,087. The highest compensated employee at The Forbes Funds is Maxwell King with fiscal year 2019 compensation of $443,402.

Revenue, expenses, and employee compensation

Revenue

$2,139,922

Expenses

$2,225,199

Employee compensation

$831,770
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Non-Employee Board Members

Bill Isler
Member at-large
Kathy Humphrey
Member at-large
Nancy Rackoff
Secretary and Treasurer
Patrick Dowd
Member at-large
Scott Lammie
Chair

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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