Nicola M Forbes Hosp Pgh Div is a private foundation focused on Health, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grants totaling $122K. Net investment income was $46K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-3.7% YoY
Annual Giving
$122K
-3.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$122K
-3.6% YoY
Under IRS private-foundation payout rules, Nicola M Forbes Hosp Pgh Div reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.
About Nicola M Forbes Hosp Pgh Div
Based on IRS filings
Nicola M Forbes Hosp Pgh Div is a private foundation focused on Health, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grants totaling $122K. Net investment income was $46K.
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 | $2,398,180 | $2,490,666 | $2,661,182 |
| Revenue | $54,545 | $51,136 | $108,670 |
| Expenses | $151,771 | $154,384 | $185,502 |
| Qualifying Distributions | $133,628 | $137,242 | $151,337 |
| Net Investment Income | $45,570 | $46,275 | $86,715 |
| Distributable Amount | $131,405 | $120,211 | $132,090 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Forbes Health System ($122,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FORBES HEALTH SYSTEM MONROEVILLE, PA | GENERAL OPERATING | $122,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BNY MELLON N A | TRUSTEE | 1 | $29,070 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nicola M Forbes Hosp Pgh Div?
Nicola M Forbes Hosp Pgh Div is a private foundation focused on Health, based in PITTSBURGH, PA. It holds $2.4M in total assets as of 2024.
How large is Nicola M Forbes Hosp Pgh Div?
As of 2024, Nicola M Forbes Hosp Pgh Div holds $2.4M in total assets with $55K in annual revenue. It awarded 1 grants totaling $122K in 2024.
Where does Nicola M Forbes Hosp Pgh Div operate?
Nicola M Forbes Hosp Pgh Div has awarded grants in Pennsylvania.
What size grants does Nicola M Forbes Hosp Pgh Div award?
In 2024, Nicola M Forbes Hosp Pgh Div awarded 1 grants totaling $122K — an average of about $122K per grant, based on its IRS Form 990 filings.
How much is Nicola M Forbes Hosp Pgh Div required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nicola M Forbes Hosp Pgh Div reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nicola M Forbes Hosp Pgh Div's EIN?
Nicola M Forbes Hosp Pgh Div's EIN (Employer Identification Number) is 25-6018978. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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