Herman Forbes Charitable Trust XXXXX1001 is a private foundation based in Chicago, Illinois. Established in 2023, the trust operates as a 501(c)(3) organization with a focus on general grantmaking to nonprofit organizations.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.1M
-1.5% YoY
Annual Giving
$376K
-9.5% YoY
Grant Count
19
-13.6% YoY
Avg Grant Size
$20K
+4.8% YoY
Mission & Focus Areas
The trust primarily funds general grants to organizations. Key funding focus areas include:
- Family Services
- Special Education
- Arts
- Creative Writing
Grantmaking
The foundation accepts applications.
Grant Range
$4,000–$62,500
How to Apply
**
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Geographic Focus
Where this funder awards grants
The trust primarily funds organizations in New York, Florida, and Pennsylvania.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $5,096,943 |
| Total Giving (2025) | $376,000 |
| Total Revenues (2025) | $417,898 |
| Total Expenses (2025) | $497,918 |
| Giving Rate | 7.4% of assets |
| Number of Employees | 1 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,096,943 | $5,176,962 | $5,445,548 |
| Revenue | $417,898 | $238,749 | $284,371 |
| Expenses | $497,918 | $517,319 | $480,592 |
| Qualifying Distributions | $436,376 | $464,159 | $425,907 |
| Net Investment Income | $358,394 | $188,464 | $232,410 |
| Distributable Amount | $330,838 | $321,694 | $310,899 |
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 2025
Grant Size Distribution
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Krystal Zec, Vice President
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BENJAMIN A HERING ESQ | CO-TRUSTEE | 1 | $11,990 |
| JEFFREY W RICHMAN | CO-TRUSTEE | 1 | $8,899 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Herman Forbes Char Tr Xxxxx1001 on Grantable?
- Assess strategic fit with your organization
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