Elster Forbes Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in BALLWIN, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 10 grants totaling $351K. Net investment income was $469K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
+1.7% YoY
Annual Giving
$351K
+21.9% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$35K
-2.5% YoY
Under IRS private-foundation payout rules, Elster Forbes Foundation reported a distributable amount of $345K for 2024 — the minimum it must pay out in qualifying distributions.
About Elster Forbes Foundation
Based on IRS filings
Elster Forbes Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in BALLWIN, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 10 grants totaling $351K. Net investment income was $469K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,891,952 | $6,773,585 | $7,474,708 |
| Revenue | $504,285 | $178,221 | $-16,685 |
| Expenses | $385,918 | $295,001 | $419,309 |
| Qualifying Distributions | $350,500 | $287,671 | $377,500 |
| Net Investment Income | $468,867 | $45,124 | $149,747 |
| Distributable Amount | $345,373 | $348,297 | $346,075 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cure Alzheimer Fund ($50,000), Recovery Institute of MGH ($50,000), Feeding America ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Cure Alzheimer Fund Wellesley Hills, MA | To advance organizations charitable purposes | $50,000 |
| PAALS Columbia, SC | To advance organizations charitable purposes | $5,000 |
| Not One More Vet San Jose, CA | To advance organizations charitable purposes | $30,000 |
| Recovery Institute of MGH Boston, MA | To advance organizations charitable purposes | $50,000 |
| Feeding America Washington, DC | To advance organizations charitable purposes | $50,000 |
| Mental Health America Alexandria, VA | To advance organizations charitable purposes | $50,000 |
| Carolina Day School Emergency Fund Asheville, NC | To advance organizations charitable purposes | $500 |
| Michael J Fox Foundation New York, NY | To advance organizations charitable purposes | $50,000 |
| Asheville Habitat for Humanity Asheville, NC | To advance organizations charitable purposes | $30,000 |
| Babies Need Bottoms Asheville, NC | To advance organizations charitable purposes | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeanine J Elster | Director | 10 | — |
| Patricia Forbes | Vice Chair | 1 | — |
| Allen D Elster | Secretary Treasurer | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Elster Forbes Foundation?
Elster Forbes Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in BALLWIN, MO. It holds $6.9M in total assets as of 2024.
How large is Elster Forbes Foundation?
As of 2024, Elster Forbes Foundation holds $6.9M in total assets with $504K in annual revenue. It awarded 10 grants totaling $351K in 2024.
Where does Elster Forbes Foundation operate?
Elster Forbes Foundation has awarded grants in California, District of Columbia, Florida, Illinois, Massachusetts, Missouri, North Carolina, New Jersey, New York, Oregon, South Carolina, Virginia.
What size grants does Elster Forbes Foundation award?
In 2024, Elster Forbes Foundation awarded 10 grants totaling $351K — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is Elster Forbes Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Elster Forbes Foundation reported a distributable amount of $345K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Elster Forbes Foundation's EIN?
Elster Forbes Foundation's EIN (Employer Identification Number) is 32-0566645. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Elster Forbes Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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