The SS Forbes Teachers Fund

Private foundation · Grantmaker Boston, MA EIN: 04-6022766

The SS Forbes Teachers Fund is a private foundation, based in Boston, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 1 grant totaling $122K. Net investment income was $173K.

Key facts about The SS Forbes Teachers Fund

In short: The SS Forbes Teachers Fund gave $122K across 1 grant in 2025 (avg $122K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-6022766
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$122,446
Grants made (2025)
1
Average grant
$122,446
Median grant
$122,446
Total assets
$1,766,566
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.8M

+2.8% YoY

Annual Giving

$122K

+6.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$122K

+6.7% YoY

Under IRS private-foundation payout rules, The SS Forbes Teachers Fund reported a distributable amount of $135K for 2025 — the minimum it must pay out in qualifying distributions.

How The SS Forbes Teachers Fund gives

  • Giving held roughly steady from 2022 to 2025 (−2%). Method
  • In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Milton

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $115K (2024) to $129K (2023). In 2025 it made 1 grant totaling $122K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Milton Academy: $122KMilton Academy$122K

The largest 2025 recipient was Milton Academy ($122K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Milton Academy Milton, MANot Restrictive, General Use of Organization$122,446

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,766,566$1,718,176$1,712,906
Revenue$198,597$144,233$31,025
Expenses$150,006$138,743$152,949
Qualifying Distributions$122,446$114,791$128,896
Net Investment Income$172,619$119,915$26,513
Distributable Amount$134,994$122,446$114,791

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The SS Forbes Teachers Fund's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Elizabeth S. Colt

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jeffrey L. Bernier

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bracken Hendricks

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Paul Elias (2021–2023) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The SS Forbes Teachers Fund

How much does The SS Forbes Teachers Fund give each year?

The SS Forbes Teachers Fund gave $122K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $115K across 1 grant.

How large is The SS Forbes Teachers Fund?

The SS Forbes Teachers Fund reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $135K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The SS Forbes Teachers Fund operate?

The SS Forbes Teachers Fund has awarded grants in Massachusetts.

What is The SS Forbes Teachers Fund's EIN?

The SS Forbes Teachers Fund's EIN (Employer Identification Number) is 04-6022766. IRS Form 990 filing data is available on this page for 2021–2025.

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

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