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Forbes Foundation is a private trust based in TULSA, OK. The foundation received its IRS ruling in 1998. The principal officer is Willam Andres. It holds total assets of $295K. Annual income is reported at $45K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Oklahoma. According to available records, Forbes Foundation has made 80 grants totaling $100K, with a median grant of $500. Annual giving has grown from $18K in 2020 to $22K in 2023. Grantmaking activity was highest in 2022 with $42K distributed across 30 grants. Individual grants have ranged from $100 to $7K, with an average award of $1K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Oklahoma and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$600
Average Grant
$1K
Largest Grant
$7K
Based on 15 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Forbes Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 80 grants. Its grantmaking reaches organizations primarily in OK, MA.
Forbes Foundation has distributed a total of $100K across 80 grants. The median grant size is $500, with an average of $1K. Individual grants have ranged from $100 to $7K.
Forbes Foundation typically selects its grantees rather than accepting unsolicited proposals.
Forbes Foundation is headquartered in TULSA, OK. While based in OK, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William D Andres | TRUSTEE | $4K | $0 | $4K |
| Elizabeth A Forbes | TRUSTEE | $1K | $0 | $1K |
Total Giving
$35K
Total Assets
$293K
Fair Market Value
$597K
Net Worth
$293K
Grants Paid
$22K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$27K
Total: $276K
Total Grants
80
Total Giving
$100K
Average Grant
$1K
Median Grant
$500
Unique Recipients
17
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL FUND FOR USE IN THE TULSA AREA(PROVIDE SERVICES FOR THE NEEDY IN THE TULSA AREA) | Tulsa, OK | $3K | 2023 |
| Southminister Presbyterian ChurchGENERAL FUND | Tulsa, OK | $7K | 2023 |
| Church Of The ResurrectionGENERAL OPERATIONS | Tulsa, OK | $4K | 2023 |
| University Of Tulsa College Of LawSUPPORT OF STUDENT SERVICES AND SCHOLARSHIPS | Tulsa, OK | $3K | 2023 |
| Catholic CharitiesSUPPORT THE PORTA CAELI HOUSE IN TULSA | Tulsa, OK | $1K | 2023 |
| Meals On Wheels-TulsaGENERAL FUND FOR SERVICES IN THE TULSA AREA (PROVIDE MEALS FOR THE NEEDY IN THE TULSA AREA) | Tulsa, OK | $1K | 2023 |
| St John Medical Center FoundationCARDIOVASCULAR DEPARTMENT | Tulsa, OK | $1K | 2023 |
| Up With TreesTREE MAINTENANCE ON PUBLIC RIGHTS OF WAY | Tulsa, OK | $500 | 2023 |
| Jenks Community Education Jenks Public SchoolsSUPPORT LAX PROGRAM | Jenks, OK | $500 | 2023 |
| American Red Cross-Tulsa Area ChapterCPR EDUCATION IN THE TULSA AREA | Tulsa, OK | $500 | 2023 |
| Catholic Diocese Of TulsaFAITH & WORKS | Tulsa, OK | $500 | 2023 |
| Community Food Bank Of Eastern OklahomaPROVIDE FOOD FOR THE NEEDY IN THE TULSA REGION | Tulsa, OK | $500 | 2023 |
| Life Senior ServicesSUPPORT LIFE VINTAGE NEWSMAGAZINE FOR SENIORS | Tulsa, OK | $200 | 2023 |
| Iron GateFEED THE NEEDY IN TULSA | Tulsa, OK | $200 | 2023 |
| Zeta Psi Educational FoundationCOLLEGE SCHOLARSHIPS | Waltham, MA | $200 | 2023 |
| Special Olympics-OklahomaSUPPORT OF OKLAHOMA SPECIAL OLYMPICS GAMES | Tulsa, OK | $100 | 2023 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK