The Forbes Kirkside Foundation Inc

WESTBOROUGH, MA EIN: 04-2311010

The Forbes Kirkside Foundation Inc is a private foundation, based in WESTBOROUGH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $841K in total assets. In 2024, it awarded 16 grants totaling $36K. Net investment income was $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$841K

+5.3% YoY

Annual Giving

$36K

-28.5% YoY

Grant Count

16

-20.0% YoY

Avg Grant Size

$2K

-10.6% YoY

Under IRS private-foundation payout rules, The Forbes Kirkside Foundation Inc reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

About The Forbes Kirkside Foundation Inc

Based on IRS filings

The Forbes Kirkside Foundation Inc is a private foundation, based in WESTBOROUGH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $841K in total assets. In 2024, it awarded 16 grants totaling $36K. Net investment income was $26K.

Ready to take the next step with The Forbes Kirkside Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Westborough

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$19K$38K$57K$76K20202021202220232024
Metric202420232022
Total Assets$840,511$798,365$753,749
Revenue$37,894$20,001$44,399
Expenses$53,230$59,228$69,485
Qualifying Distributions$43,838$55,160$66,620
Net Investment Income$25,702$13,183$41,034
Distributable Amount$39,998$38,038$41,284

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$60K23 grants202027 grants202130 grants202220 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

1000 AND UNDER$12KOLGA MENDEZ$2KMARION SHENOUDA$2KDEVIANA FERREIRA$2KTREVOR HOWARD$2KTREVOR HOWARD$2KROBERT PERRON$2KKELEN FERARI$2KNATHALIA AGUILAR$2KJOSIENE FIGUEREDO$2K

Grant Size Distribution

116 grants across all recorded years

116<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include 1000 and Under ($12,270), Olga Mendez ($2,350), Marion Shenouda ($2,098).

RecipientPurposeAmount
1000 AND UNDER WESTBOROUGH, MAFINANCIAL SUPPORTFINANCIAL SUPPORT$12,270
OLGA MENDEZ WESTBOROUGH, MAFINANCIAL SUPPORT$2,350
MARION SHENOUDA WESTBOROUGH, MAFINANCIAL SUPPORT$2,098
DEVIANA FERREIRA WESTBOROUGH, MAFINANCIAL SUPPORT$2,000
TREVOR HOWARD WESTBOROUGH, MAFINANCIAL SUPPORT$1,822
TREVOR HOWARD WESTBOROUGH, MAFINANCIAL SUPPORT$1,693
ROBERT PERRON WESTBOROUGH, MAFINANCIAL SUPPORT$1,650
KELEN FERARI WESTBOROUGH, MAFINANCIAL SUPPORT$1,600
NATHALIA AGUILAR WESTBOROUGH, MAFINANCIAL SUPPORT$1,500
JOSIENE FIGUEREDO WESTBOROUGH, MAFINANCIAL SUPPORT$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEPHEN HENRYPRESIDENT1
JUSTIN LUNDBERGCLERK1
JUSTIN LUNDBERGTREASURER1
LYNN HENRYVICE PRESIDENT1
STEPHANIE BORGIA-LUNDBERGDIRECTOR1

Frequently Asked Questions

How large is The Forbes Kirkside Foundation Inc?

As of 2024, The Forbes Kirkside Foundation Inc holds $841K in total assets with $38K in annual revenue. It awarded 16 grants totaling $36K in 2024.

Where does The Forbes Kirkside Foundation Inc operate?

The Forbes Kirkside Foundation Inc has awarded grants in Massachusetts.

What size grants does The Forbes Kirkside Foundation Inc award?

In 2024, The Forbes Kirkside Foundation Inc awarded 16 grants totaling $36K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Forbes Kirkside Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Forbes Kirkside Foundation Inc reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Forbes Kirkside Foundation Inc's EIN?

The Forbes Kirkside Foundation Inc's EIN (Employer Identification Number) is 04-2311010. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Forbes Kirkside Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with The Forbes Kirkside Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities