The Forbes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $295K in total assets. In 2024, it awarded 17 grants totaling $24K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$295K
+0.6% YoY
Annual Giving
$24K
+7.5% YoY
Grant Count
17
+6.3% YoY
Avg Grant Size
$1K
+1.2% YoY
Under IRS private-foundation payout rules, The Forbes Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About The Forbes Foundation
Based on IRS filings
The Forbes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $295K in total assets. In 2024, it awarded 17 grants totaling $24K. Net investment income was $32K.
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 | $295,180 | $293,289 | $300,625 |
| Revenue | $40,737 | $27,262 | $16,756 |
| Expenses | $38,371 | $34,963 | $34,402 |
| Qualifying Distributions | $29,408 | $27,228 | $26,334 |
| Net Investment Income | $32,273 | $19,527 | $8,908 |
| Distributable Amount | $30,498 | $26,775 | $27,802 |
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Southminister Presbyterian Church ($7,000), Church of the Resurrection ($5,250), Salvation Army ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN HEART ASSOCIATION-TULSA TULSA, OK | CPR EDUCATION IN THE TULSA AREA | $250 |
| AMERICAN RED CROSS-TULSA AREA CHAPTER TULSA, OK | CPR EDUCATION IN THE TULSA AREA | $250 |
| ASCENSION ST JOHN FOUNDATION TULSA, OK | SUPPORT THE BREAST CENTER IN TULSA | $1,000 |
| CATHOLIC CHARITIES TULSA, OK | SUPPORT THE PORTA CAELI HOUSE IN TULSA | $1,000 |
| CATHOLIC DIOCESE OF TULSA TULSA, OK | FAITH & WORKS | $600 |
| CHURCH OF THE RESURRECTION TULSA, OK | GENERAL OPERATIONS | $5,250 |
| COMMUNITY FOOD BANK OF EASTERN OKLAHOMA TULSA, OK | PROVIDE FOOD FOR THE NEEDY IN THE TULSA REGION | $500 |
| IRON GATE TULSA, OK | FEED THE NEEDY IN TULSA | $200 |
| LIFE SENIOR SERVICES TULSA, OK | SUPPORT LIFE VINTAGE NEWSMAGAZINE FOR SENIORS | $250 |
| MEALS ON WHEELS-TULSA TULSA, OK | GENERAL FUND FOR SERVICES IN THE TULSA AREA (PROVIDE MEALS FOR THE NEEDY IN THE TULSA AREA) | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM D ANDRES | TRUSTEE | 3 | $4,347 |
| ELIZABETH A FORBES | TRUSTEE | 1 | $1,449 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Forbes Foundation?
The Forbes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds $295K in total assets as of 2024.
How large is The Forbes Foundation?
As of 2024, The Forbes Foundation holds $295K in total assets with $41K in annual revenue. It awarded 17 grants totaling $24K in 2024.
Where does The Forbes Foundation operate?
The Forbes Foundation has awarded grants in Massachusetts, Oklahoma.
What size grants does The Forbes Foundation award?
In 2024, The Forbes Foundation awarded 17 grants totaling $24K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Forbes Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Forbes Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The 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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