The Forbes Funds

Filing Period

Jan 1, 2012 to Dec 31, 2012

Signed

Nov 15, 2013

Return Version

2012v2.1

Gross Receipts

$3,532,126

Mission

Major Activities

Activity 2

Applied research: as a result of the 2009 evaluation of the tropman fund, the forbes funds has redesigned its tropman framework. The new framework consists of community "soundings" which are short surveys that capture the "pulse of the sector" at a moment in time. We publish studies on topics such as wage and compensation within the nonprofit sector and technology used to improve service delivery. We published a study on poverty that provides 1) a synopsis of how poverty is being measured and how it should be measured; 2) data analysis of poverty trend in the metro region; 3) survey to determine the demand on nonprofits; and 4) an analysis of successful programs to determine trends and recommendations.

Activity 3

Sector leadership: through our grantmaking, the forbes funds has identified three themes of paramount importance to the sector: strategic alliances, financial literacy, and outcomes measures. As a result, we have engaged in a two-pronged approach of convening followed by grantmaking to further advance these areas. We host sessions in the areas of strategic restructuring and financial analysis. We also convene the consulting community in an effort to convey best practices and trends that can improve their deliverables to agencies. Finally, the forbes funds continues to host the greater pittsburgh nonprofit partnership, a coalition of approximately 350 nonprofits committed to creating a unified voice for the sector.the alfred w. Wishart, jr. Award for excellence in nonprofit management is named in honor of "burr" wishart. Mr. Wishart served the pittsburgh foundation as its president for 31 years, and was chairman of the forbes funds at its inception. Presented by the forbes funds in cooperation with the pittsburgh post-gazette charities, the wishart award is made to a local nonprofit human service or community development organization that has demonstrated a sustained commitmentto excellence in management and governance. Each year, the award-winning organization is publicly honored for its achievements and receives a $10,000 cash grant to be used for management support purposes. The award-winning organization must show a commitment to outstanding management in the following areas: demonstrated leadership among the staff and board of directors; use of information and objective analysis in planning and programming; commitment to excellence in human resource management; continuous improvement of service delivery processes; measurement and monitoring of outcomes; commitment to consumer satisfaction; openness to collaborative efforts with other organizations; and accountability to the public trust. Award recipients stand as models for the entire community. About the shapira medal:in 2003, the forbes funds inaugurated the frieda shapira medal,honoring a lifetime community reformer who, as a social worker for the children's service bureau, taught neglected and dependent children, and who, as a trustee, served numerous organizations, including the pittsburgh foundation, the united way of allegheny county, the united jewish federation of greater pittsburgh, and the forbes funds. Frieda shapira was recognized by pittsburgh magazine as one of the 100 most influential pittsburghers of the 20th century. The frieda shapira medal is presented to a local nonprofit executive for exemplary leadership and is awarded to an individual who has demonstrated: (1) distinctive and exceptional leadership for one's organization; (2) accomplishments that advanced the field; and (3) commitment to service beyond one's own organization.our medal recipients stand as exemplars for all people across the pittsburgh region. Presented by the forbes funds in cooperation with the jewish healthcare foundation, the frieda shapira medal includes a $5,000 cash prize.

Filer

EIN

25-1418095