The Forbes Foundation
The Forbes Foundation is a private foundation based in Tulsa, Oklahoma. In its 2025 filing, it reported making 18 grants totaling $26,200 to charitable organizations, including Tulsa-area churches, social-service organizations, and educational and health-related organizations.
The Forbes Foundation at a glance
In short: The Forbes Foundation gave $26K across 18 grants in 2025 (avg $1K), mostly in Oklahoma. 6% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $26,200
- +10.8% vs 2024
- Grants made (2025)
- 18
- +5.9% vs 2024
- Average grant
- $1,456
- +4.6% vs 2024
- Median grant
- $500
- Total assets
- $322,012
- +9.1% vs 2024
- New grantees (estimate)
- 6% first-time grantees (1 of 18, 2025; small sample)
- Primary geography
- Oklahoma (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Forbes Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 843, Tulsa, OK 74101-0843
Phone: (918) 742-5680
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Forbes Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Southminister Presbyterian Church ($7K). Together the top 10 received $24K.
Grant Size Distribution
83 grants across all recorded years
The most common grant size was under $50K: 83 grants of 83 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 99% of grant dollars went to recipients in Oklahoma and 1% to recipients in Massachusetts. The listed 2025 grants included numerous Tulsa organizations.
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
States
Cities
Is The Forbes Foundation open to new grantees?
6%
first-time grantees, 2025
In 2025, 1 of 18 grantees (6%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $250; repeat grants $2K. How we count
Medians: $250 first-time, $500 repeat.
- 94% of 2025 grantees were also funded in 2024. Method
- Giving grew 24% from 2022 to 2025. Method
- In 2025 it paid out 102% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $18K (2020) to $26K (2025). In 2025 it made 18 grants totaling $26K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southminister Presbyterian Church Tulsa, OK | General Operations | $7,000 |
| Church of the Resurrection Tulsa, OK | General Operations | $5,800 |
| Salvation Army Tulsa, OK | Provide services for the needy in the tulsa area | $3,500 |
| University of Tulsa College of Law Tulsa, OK | Support of Student Services and Scholarships | $2,500 |
| Ascension St John Foundation Tulsa, OK | Support the Breast Center in Tulsa | $1,000 |
| Catholic Charities Tulsa, OK | Support services for the needy in the tulsa area | $1,000 |
| Meals on Wheels-Tulsa Tulsa, OK | Provide meals for the needy in the tulsa area | $1,000 |
| Catholic Diocese of Tulsa Tulsa, OK | Support Faith & Works Program | $700 |
| American Heart Association-Tulsa Tulsa, OK | CPR Education in the Tulsa Area | $500 |
| American Red Cross-Tulsa Area Chapter Tulsa, OK | CPR Education in the Tulsa Area | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $322,012 | $68,514 | $41,761 | $26,200 | 18 | $32,407 | $59,659 | $31,737 |
| 2024 | $295,180 | $40,737 | $38,371 | $23,650 | 17 | $29,408 | $32,273 | $30,498 |
| 2023 | $293,289 | $27,262 | $34,963 | $22,000 | 16 | $27,228 | $19,527 | $26,775 |
| 2022 | $300,625 | $16,756 | $34,402 | $21,050 | 15 | $26,334 | $8,908 | $27,802 |
| 2021 | $318,755 | $36,285 | $32,412 | $18,250 | 17 | $23,768 | $28,062 | $30,807 |
| 2020 | $314,846 | $29,841 | $29,873 | $17,750 | 17 | — | $22,602 | $23,957 |
Under IRS private-foundation payout rules, The Forbes Foundation reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for church operations, services for people in need, student services and scholarships, breast-center support, CPR education, food assistance, hospice, and a faith-and-work program.
Among its 2025 grantees, Up With Trees describes its mission as improving Tulsa’s urban environment through tree planting and maintenance and community education. Friends of Catholic Education says it supports at-risk Catholic schools in furtherance of their religious and educational purposes. Iron Gate says it feeds hungry and homeless people in Tulsa through community meals and grocery and children’s pantries.
Grantmaking
In 2025, the foundation made 18 grants totaling $26,200. Grant amounts ranged from $200 to $7,000, with a median grant of $500.
Among its largest 2025 grants were $7,000 to Southminister Presbyterian Church and $5,800 to Church of the Resurrection, both for general operations; $3,500 to the Salvation Army to provide services for people in need in the Tulsa area; and $2,500 to the University of Tulsa College of Law for student services and scholarships. Other grants included $1,000 each to Ascension St John Foundation, Catholic Charities, and Meals on Wheels-Tulsa. Up With Trees received $500, Friends of Catholic Education received $250, and Iron Gate received $250.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists William D Andres and Elizabeth A Forbes as trustees.
The Forbes Foundation's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Elizabeth A. Forbes
Trustee
On filings since 2020
1 hr/week
$1K (2020) → $2K (2025)
William D. Andres
Trustee
On filings since 2020
3 hrs/week
$4K (2020) → $5K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $5K, to William D Andres (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Forbes Foundation
How much does The Forbes Foundation give each year?
The Forbes Foundation gave $26K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 17 grants.
What is The Forbes Foundation's typical grant size?
The Forbes Foundation's median grant in 2025 was $500, and its average grant was $1,456, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Forbes Foundation that year got $250 on average.
Where does The Forbes Foundation give grants?
The Forbes Foundation gives mostly in Oklahoma: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tulsa, OK (17 grants).
Does The Forbes Foundation give general operating support?
Yes: 11% of The Forbes Foundation's 2025 grants with a stated purpose (2 of 18) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Forbes Foundation's largest grantees?
The Forbes Foundation's largest 2025 grantees include Southminister Presbyterian Church ($7,000), Church of the Resurrection ($5,800) and Salvation Army ($3,500), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is The Forbes Foundation?
The Forbes Foundation reported $322K in total assets on its 2025 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).
What does The Forbes Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for church operations, services for people in need, student services and scholarships, breast-center support, CPR education, food assistance, hospice, and a faith-and-work program. See mission & focus areas ↑
How do I apply for a grant from The Forbes Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Forbes Foundation's EIN?
The Forbes Foundation's EIN (Employer Identification Number) is 31-1581540. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Forbes Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 22, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 22, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 6, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Forbes Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Forbes Foundation's focus areas in our free grants database
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