2024-11-14T15:20:43-06:00 2023-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2023-01-01 251418095 THE FORBES FUNDS THEF 4123915122 FIVE PPG PLACE 250 PITTSBURGH PA 15222 FRED BROWN PRESIDENT 4123915122 2024-11-13 1 0 SARAH R PIOT P00341397 4122613644 2023 2024-10-15 13:58:12Z FRED BROWN FIVE PPG PLACE 250 PITTSBURGH PA 15222 3251434 0 X WWW.FORBESFUNDS.ORG X 1982 PA TO FOCUS ON STRENGTHENING THE MANAGEMENT CAPACITY AND IMPACT OF COMMUNITY NONPROFITS INDIVIDUALLY AND COLLECTIVELY. 7 5 12 61 0 0 1251960 1960108 116275 230091 349964 465232 0 0 1718199 2655431 305000 210000 0 0 1024119 957316 13975 900 125311 1156324 1425030 2499418 2593246 -781219 62185 9820078 10327800 581238 572272 9238840 9755528 X SEE SCHEDULE O 0 0 1057539 210000 44860 CAPACITY BUILDING: PROVIDING NONPROFITS WITH RESOURCES, THROUGH GRANTMAKING AND COHORTS, AND LEARNING FORUMS TO ENABLE THEM TO MANAGE A DISRUPTIVE EVENT, REFRAME THEIR THINKING ABOUT A SPECIFIC ISSUE THAT IMPACTS OPERATIONS, AND PREPARE FOR THE FUTURE. PRIORITY IS GIVEN TO HUMAN SERVICES AND COMMUNITY DEVELOPMENT ORGANIZATIONS IN ALLEGHENY COUNTY. 394466 0 THE FUND SITS AT THE INTERSECTION BETWEEN PHILANTHROPY AND THE NONPROFIT COMMUNITY. BUILDING UPON OUR 40 PLUS YEAR HISTORY OF SUPPORTING OUR REGION, THE FUND HAS SHIFTED TOWARDS A SYSTEMIC, ECOSYSTEMS DEVELOPMENT APPROACH TO DRIVE TRANSFORMATIVE CHANGE. THE MISSION OF THE FUND FOCUSES ON IMPROVING AND EMPOWERINGTHE MANAGEMENT CAPACITY AND IMPACT OF HUMAN SERVICES AND COMMUNITY-BASED NONPROFITS BOTH AS INDIVIDUAL ORGANIZATIONS AND AS A UNIFIED COALITION OF LEADERS, FUNDERS AND ADVOCATES WORKING COLLABORATIVELY THROUGHOUT SOUTHWESTERN PENNSYLVANIA.SEE CONTINUATION ON SCHEDULE O. OVER THE PAST FIVE YEARS THE FUND HAS ALIGNED ITS TRADITIONAL PROGRAMMING TO INCREASE ENGAGEMENT WITH THE FUND'S REGIONAL PARTNERS AND TO IDENTIFY WHERE GAPS AND OVERLAPS OF SERVICES AND INVESTMENTS EXIST. TODAY, THE FUND HAS CONVENED THOUGHT LEADERS WITHIN THE NONPROFIT SECTOR THROUGH THE GREATER PITTSBURGH NONPROFIT PARTNERSHIP ("GPNP"), LEARNING AND EDUCATION , EXECUTIVE-IN-RESIDENCE ("EIR"), MANAGEMENT ASSISTANCE GRANTS ("MAGS"), CATALYTIC COMMUNITY COHORTS ("C3"), THE COMMONS, AND LARGE AND SMALL AGENCY COHORTS, THE FUND WORKS WITH NONPROFIT ORGANIZATIONS IN ALLEGHENY COUNTY AND SOUTHWESTERN PENNSYLVANIA AND IS BUILDING A GROWING NETWORK OF PARTNERSHIPS ACROSS THE COMMONWEALTH OF PENNSYLVANIA, THE NATION, AND THE GLOBE. IN 2020, THE FUND'S BOARD OF DIRECTORS (THE "BOARD") APPROVED A RACIAL JUSTICE EQUITY FRAMEWORK THAT INFORMS THE FUND'S PROGRAMMING TODAY AND IN THE FUTURE. THIS FRAMEWORK INCLUDES INVESTING IN DIVERSE LEADERSHIP, INCREASING THE CAPACITY OF MINORITY-LED ORGANIZATIONS, DEVELOPING SCENARIO PLANNING AND INCREASING COLLABORATIVE CAPACITY OF REGIONAL ORGANIZATIONS. THIS HAS LED TO THE DEVELOPMENT OF AN INTERNATIONAL ANTI-RACISM INSTITUTIONAL COHORT ("ARC") AND THE TRANSFORMATIVE LEADERSHIP COHORT. FINALLY, AS A RESULT OF COVID-19, THE FUND HAS BEEN WORKING WITH THE REGIONAL NONPROFIT SECTOR TO NOT ONLY HELP ORGANIZATIONS SURVIVE THE PANDEMIC BUT TO PREPARE FOR THE CHANGES THAT WILL LIKELY OCCUR INCLUDING CHANGES TO FUNDING CYCLES, PHILANTHROPIC PRIORITIES, AND AN INCREASE EMPHASIS ON COLLABORATION. THIS HAS LED TO THE LAUNCH OF VARIOUS LEARNING COHORTS WITH NONPROFITS ON TOPICS SUCH ASARTIFICIAL INTELLIGENCE, HUMAN RESOURCES, EQUITABLE ENTREPRENEURISM, FUNDRAISING AND ADVOCACY, REVENUE DIVERSIFICATION, SUCCESSION PLANNING, OPERATIONAL RESERVES, AND SCENARIO PLANNING. THE FUND HAS WORKED WITH A GROUP OF SKILLS PRACTITIONERS, EDUCATORS, DOCTORS, SCIENTISTS, AND PHILANTHROPISTS TO ADDRESS THE IMPACT ON THE PANDEMIC ON RESILIENT BLACK, BROWN, AND LGBTQIA+ COMMUNITIES AROUND THE COMMONWEALTH OF PENNSYLVANIA. THIS WORK WAS IN COLLABORATION WITH THE PA SECRETARY OF HEALTH AND IS FOCUSED ON ADDRESSING CURRENT HEALTH AND HEALTHCARE INEQUITIES, EQUIPPING FEDERALLY QUALIFIED HEALTH CENTERS WITH RESOURCES LIKE CONTACT TRACERS, AND SUPPORTING WORKFORCE AND SOCIAL SECTOR INVESTMENTS FOR ESSENTIAL WORKERS WHO ARE MORE LIKELY TO CONTRACT THE DISEASE.THE FUND HAS ALSO PARTNERED WITH TECHNOLOGY COMPANIES TO SUPPORT NONPROFIT ADOPTION TO EMERGING TECHNOLOGIES LIKE ASSISTED INTELLIGENCE. THE FUND NOW ALIGNS ALL SERVICES WITH THE SOCIAL DETERMINATES OF HEALTH ("SDOH") AND UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS ("UNSDG") TO SHOW THE LOCAL AND GLOBAL IMPACTS OF THE REGION. THIS NEW APPROACH TO ECOSYSTEMS DEVELOPMENT REQUIRES LEVERAGING PARTNERSHIPS AND TOOLS TO ESTABLISH SHARED GOALS. THE GOAL IS TO NOT ONLY IMPROVE ORGANIZATIONAL CAPACITY OF NONPROFITS BUT TO ENSURE THAT THE POPULATIONS SERVED BY ORGANIZATIONS THE FUND SUPPORTS WILL BENEFIT AS WELL. THE PREMISE IS THAT INDIVIDUALS SERVED BY THE ORGANIZATIONS THE FUND SUPPORTS ARE OFTENTIMES DEALING WITH MORE THAN ONE ISSUE, AND A HOLISTIC, COLLABORATIVE APPROACH INVOLVING THE INPUT OF MULTIPLE ORGANIZATIONS IS NECESSARY. THE FUND'S WORK IS CENTERED AROUND MORE THAN TRANSACTIONAL RELATIONSHIPS AND APPROACHES; THE AIM IS TO FOSTER TRANSFORMATIONAL PARTNERSHIPS AND TO OPTIMIZE HOW THE NONPROFIT ECOSYSTEM INTERACTS WITH FUNDERS, GOVERNMENT, PRIVATE SECTOR AND OTHERS IN THE PITTSBURGH REGION. CURRENTLY, THE FUND IS EXPLORING CO-DESIGNED APPROACHES THAT ARE ITERATIVE AND AGILE, ESPECIALLY AS THE NONPROFIT SECTOR ADDRESSES THE REALITIES OF ECONOMIC STRESSES AND SHOCKS TO THE REGION. RECOGNIZING THAT THESE STRESSES AND SHOCKS WILL PUT UNTOLD STRAIN ON SOUTHWESTERN PENNSYLVANIA, THE FUND'S INTENTION WILL BE MOVING FROM SYSTEMS CHANGE TO ECOSYSTEMS COCREATION--WHERE DIVERSE NETWORKS AND CROSS-SECTORAL PARTNERSHIPS CAN HAVE VIBRANT EXCHANGES OF IDEAS AND WHERE LEADERS CAN DRIVE SHARED SOLUTIONS. 390275 0 185231 GPNP: LEVERAGING THE COLLECTIVE STRENGTH OF THE SECTOR TO INFORM POLICY, GIVE INPUT TO COMMUNITY PRIORITIES AND STRATEGIES, AND INCREASE THEIR PURCHASING POWER. BI-ANNUALLY, GPNP ORGANIZES THE GREATER PITTSBURGH NON-PROFIT SUMMIT WHICH BRINGS TOGETHER LOCAL NONPROFIT STAFF AND BOARD MEMBERS PLUS OTHER INTERESTED PARTIES TO DISCUSS OVER AN AFTERNOON, VARIOUS TOPICS OF INTEREST FOR NONPROFITS THAT FOSTERS CAPACITY BUILDING AND SOCIAL INNOVATION. 89470 0 SOCIAL INNOVATION: ACCELERATING THE DEVELOPMENT OF PARTNERING MODELS AND TECHNOLOGICAL INNOVATION, LIKE ARTIFICIAL INTELLIGENCE, TO REDUCE EXPENSES AND/OR INCREASE THE IMPACT OF COMMUNITY NONPROFIT ORGANIZATIONS. 89470 0 1931750 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 46 0 1 12 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 5 1 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 PA X BRYAN TAIT VP FINANCEOPERATIONS 4123942658 FIVE PPG PLACE SUITE 250 PITTSBURGH PA 15222 X ELISABETH SCHROEDER MEMBER AT LARGE 1.00 51.50 X 0 616727 73375 JONATHAN BRELSFORD MEMBER AT LARGE 1.00 41.50 X 0 293187 68264 JASON JONES TREASURER 1.00 0.00 X X 12100 0 0 BILL ISLER CHAIR 1.00 0.00 X X 0 0 0 JAMES E TAYLOR VICE CHAIR 1.00 0.00 X X 0 0 0 KATHY HUMPHREY MEMBER AT LARGE 1.00 0.00 X 0 0 0 ANN E CUDD MEMBER AT LARGE (EXITED 6/23) 1.00 0.00 X 0 0 0 SYLVIA FIELDS MEMBER AT LARGE 1.00 0.00 X 0 0 0 FRED BROWN PRESIDENT/CEO 65.00 0.00 X 221272 0 62915 OLIVIA BENSON CHIEF OPERATING OFFICER 50.00 0.00 X 102909 0 50294 HANNAH KAROLAK CHIEF PROGRAM OFFICER 50.00 0.00 X 100595 0 44741 436876 909914 299589 3 0 1 0 0 1320 35853 423385 1499550 1960108 GPNP SUMMIT 900099 185231 71656 113575 STOP THE VIOLENCE PROG 900099 23948 23948 PEOPLE NEED PEOPLE 900099 15000 15000 ALL OTHER PROGRAM REV 900099 5912 5912 230091 267282 267282 793953 596003 197950 197950 197950 2655431 116516 0 578807 X 210000 210000 296286 182612 56837 56837 470158 378895 73289 17974 38594 31617 5906 1071 104238 82887 16488 4863 48040 35549 8167 4324 6183 4651 1532 16780 16780 900 900 36669 36669 768562 694047 74515 9645 7137 1640 868 22341 16532 3798 2011 41481 35684 5797 34234 25333 5820 3081 12345 9135 2099 1111 236440 174965 40195 21280 7528 7528 OTHER EXPENSES 93802 1015 92664 123 SHARED SERVICES EXPENSE 82680 82680 DUES/SUBSCRIPTIONS 53845 39845 9154 4846 PROFESSIONAL DEVELOPMNT 2495 1846 424 225 2593246 1931750 536185 125311 2805295 2262402 49225 673201 6934298 7338751 31260 53446 9820078 10327800 203847 271072 361871 301200 15520 0 581238 572272 X 1501773 1460655 7737067 8294873 9238840 9755528 9820078 10327800 X 62185 406159 48344 X X 0 1 X 1 0 X X 1 THE PITTSBURGH FDN 250965466 8 1 210000 2383246 1 210000 2383246 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A, LINE 6 THE FORBES FUNDS WAS ESTABLISHED AS A SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION. THE FORBES FUND MAKES GRANTS TO MEMBERS OF THE CHARITABLE CLASS BENEFITTED BY THE PITTSBURGH FOUNDATION FOR ACTIVITIES IN SUPPORT OF THE PITTSBURGH FOUNDATION'S EXEMPT PURPOSE. PART IV, SECTION B, LINE 1: FIVE OF THE EIGHT TRUSTEES ARE APPOINTED BY THE SUPPORTED ORGANIZATION, THE PITTSBURGH FOUNDATION. OF THE APPOINTED TRUSTEES, TWO OF THE FIVE ARE EMPLOYEES OF THE PITTSBURGH FOUNDATION. IN THEIR ROLES AS EMPLOYEES OF THE PITTSBURGH FOUNDATION, THE HIGHEST LEVEL OF OVERSIGHT AND MANAGEMENT OF THE SUPPORTING ORGANIZATION IS PROVIDED AS PART OF THEIR DUTIES. THE MISSION OF THE FORBES FUND IS ALIGNED WITH THE MISSION OF THE PITTSBURGH FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 900 7504 0 107711 900 115215 2592346 83249355 2593246 83364570 279662 1000000 69916 250000 0 0 0 0 266911 272540 274971 279662 1094084 1641126 900 900 66728 68135 68743 69916 273522 410283 900 900 PART II-A: POLICY AND COMMUNITY ACTIVITY ON BEHALF OF GPNP MEMBERS. 6457286 774864 464685 6767465 7745645 -842510 445849 6457286 6950454 1223809 428618 7745645 6647143 728079 424768 6950454 5869208 1197039 419104 6647143 0.00000 1.00000 0.00000 0 0 0 X 3086827 406159 61906 468065 2618762 36669 36669 2655431 2570139 61906 61906 2508233 36669 48344 85013 2593246 PART V, LINE 4: THE FUND'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS, AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE FUND ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE POSITION IS NOT SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT OR LIABILITY RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FUND FILES U.S. FEDERAL AND STATE INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE FUNDS'S U.S. FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEARS ENDED DECEMBER 31, 2020 THROUGH THE PRESENT. THE FUND CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FUND'S FINANCIAL STATEMENTS. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT CANCELLATIONS 20,000. CHANGE IN PENSION VALUATION 28,344. 1 HOMELESS CHILDREN'S EDUCATION FUND ONE HOPE SQUARE 1901 CENTRE AVENUE SUITE 301 PITTSBURGH PA 15219 251820564 501(C)(3) 40000 0 N/A N/A IMPLEMENT A COMMUNITY POP-UP ELEMENT TO EXPAND MOBILE LEARNING PROGRAM SHADOW STUDENT ATHLETE DEVELOPMENT SERVICES INC PO BOX 60011 PITTSBURGH PA 15210 454650077 501(C)(3) 30000 0 N/A N/A FOSTER DIVERSITY, EQUITY, INCLUSION, BELONGING AND ACCESSIBILITY; PROMOTE HEALTH EQUITY IN THE COMMUNITY CASA SAN JOSE 2116 BROADWAY AVE PITTSBURGH PA 15216 464729004 501(C)(3) 20000 0 N/A N/A FOR THE LATINX ARTIST RESIDENCY SHARED PROGRAM ASSEMBLE 4824 PENN AVENUE PITTSBURGH PA 15224 451582644 501(C)(3) 20000 0 N/A N/A SERVICE WOMEN, ARTISTS AND DISABILITIES TO HELP END POVERTY SQUIRREL HILL URBAN COALITION 5604 SOLWAY STREET PITTSBURGH PA 15217 251243029 501(C)(3) 20000 0 N/A N/A SUPPORT FOR A STRATEGIC AND FINANCIAL PLAN THE GLOBAL SWITCHBOARD 5182 LIBERTY AVE PO BOX 9129 PITTSBURGH PA 15224 251303478 501(C)(3) 20000 0 N/A N/A TO INCREASE CAPACITY TO LAUNCH A NEW EDUCATION CAMPAIGN AIMED AT THE PITTSBURGH REGION WATERSHEDS OF SOUTH PITTSBURGH 5735 LAUDER ST PITTSBURGH PA 15207 251882318 501(C)(3) 20000 0 N/A N/A SUPPORT TO DEVELOP A STRATEGIC FRAMEWORK PLAN RUTH'S WAY INC 11524 FRANKSTOWN RD PITTSBURGH PA 15235 202724398 501(C)(3) 10000 0 N/A N/A SUPPORT A SHARED DEVELOPMENT/FUNDRAISING PLAN TO SUPPORT MENTAL HEALTH AND BRIDGE A MENTAL HEALTH GAP SOUTHERN TIER ALTERNATIVE THERAPIES INC 24 STOM ROAD LIGONIER PA 15658 260146359 501(C)(3) 10000 0 N/A N/A SUPPORT A SHARED DEVELOPMENT AND STRATEGIC PLAN ARTS EDUCATION COLLABORATIVE 4400 FORBES AVE PITTSBURGH PA 15213 250965280 501(C)(3) 10000 0 N/A N/A SUPPORT STRATEGIC PLAN FOR ENGAGING EDUCATORS CENTER FOR CIVIC ARTS 710 MULBERRY ST PITTSBURGH PA 152214509 821304642 501(C)(3) 10000 0 N/A N/A SUPPORT FOR A SHARED MARKETING AND DEVELOPMENT PLAN 11 0 PART I, LINE 2: THE PROCEDURE FOR AWARDING MANAGEMENT ASSISTANCE GRANTS IS AS FOLLOWS: THE PROCEDURE FOR AWARDING GRANTS IS AS FOLLOWS: -GRANT REQUESTS ARE INITIALLY SCREENED BASED ON THEIR FIT WITH THE FORBES FUNDS (1) SERVICE AREA, ALLEGHENY COUNTY, (2) AGENCY FOCUS, HUMAN SERVICES AND COMMUNITY DEVELOPMENT (3) SCOPE OF FUNDING REQUEST, CAPACITY BUILDING AND (4) COLLABORATIVE PARTNERS. -ONCE IT IS DETERMINED THAT THE REQUEST MEETS THOSE FOUR CRITERIA, AGENCIES WILL BE ASKED TO SUBMIT A LETTER OF INQUIRY (LOI). ONCE THE LOI IS APPROVED, AGENCIES MAY SUBMIT A GRANT APPLICATION. -ANY REQUESTS OF $10,000 OR MORE WILL BE TAKEN TO THE COMMUNITY RESEARCH ADVISOR BOARD (CRAB) AT ONE OF ITS QUARTERLY MEETINGS FOR REVIEW. THE CRAB PROVIDES FEEDBACK ON THE GRANT PROPOSALS TO ASSESS WHETHER THE PROPOSAL MEETS THE FOLLOWING CRITERIA: (1) STRATEGIC PARTNERSHIPS, (2) COMMUNITY ENGAGEMENT, (3) SOCIAL DETERMINANTS OF HEALTH, AND (4) COLLECTIVE IMPACT. IF THE REQUEST MOVES FORWARD, IT IS PRESENTED TO THE FULL BOARD FOR FINAL APPROVAL. -ANY REQUEST BETWEEN $5,000 AND $9,999 MAY BE AWARDED AT THE DISCRETION OF THE PRESIDENT OF THE FORBES FUNDS AND CHAIR OF THE BOARD. ANY REQUEST BELOW $5,000 MAY BE AWARDED AT THE DISCRETION OF THE PRESIDENT OF THE FORBES FUNDS. -IF A GRANT IS AWARDED, IT IS APPROVED AND THE AGENCY IS SENT A GRANT AGREEMENT WHICH MUST BE SIGNED BY THE AGENCY EXECUTIVE DIRECTOR AND RETURNED TO THE FORBES FUNDS. A KICK-OFF MEETING IS HELD BETWEEN THE AGENCY EXECUTIVE DIRECTOR, BOARD CHAIR, CONSULTANT, AND THE FORBES FUNDS. THE PROCEDURES FOR PAYMENTS OF GRANTS IS AS FOLLOWS: -PAYMENTS ARE MADE ON A REIMBURSABLE BASIS. GRANTEES ARE TO SUBMIT AN INVOICE TO THE FORBES FUNDS WITH A COPY OF THE INVOICE THEY RECEIVED FROM THE PROJECT CONSULTANT AND PROOF OF PAYMENT TO THE CONSULTANT. -UPON RECEIPT OF THE INVOICE, THE FORBES FUNDS REVIEWS THE DOCUMENTATION, CONFIRMS THE REMAINING GRANT BALANCE, AND APPROVES OR DENYIES PAYMENT. IF APPROVED, A PAYMENT LETTER IS GENERATED AND A CHECK IS CUT AND SENT TO THE GRANTEE. -FINAL PAYMENTS ARE NOT MADE UNTIL GRANTEES COMPLETE A FINAL REPORT SURVEY, SUBMIT A FINAL COPY OF THE PROJECT DELIVERABLE, AND ATTEND A CLOSING MEETING WITH THE CONSULTANT AND THE FORBES FUNDS. -AN IMPACT ASSESSMENT SURVEY IS REQUIRED TO BE COMPLETED BY ALL GRANT RECIPIENTS ONE YEAR AFTER THE GRANT PROJECT HAS ENDED. THE FORBES FUNDS ALSO AWARDS ALTERNATIVE GRANTS. THE GOAL OF THIS ALTERNATIVE GRANTMAKING PROCESS IS TO PROVIDE A MORE FLEXIBLE FUNDING MECHANISM FOR SMALL GRANTS (UNDER $10K). THIS ALLOWS FOR FASTER IMPLEMENTATION WHILE ENABLING THE FORBES FUNDS TO DO APPROPRIATE DUE DILIGENCE ON POTENTIAL PARTNERS. FOR THE PURPOSES OF THIS PROCESS, AN ALTERNATIVE GRANT" IS DEFINED AS ONE THAT DOES NOT FALL UNDER TRADITIONAL MANAGEMENT ASSISTANCE GRANT (MAGS) REGULATIONS. ALTERNATIVE GRANTS SHOULD BE LESS THAN $10,000 AND SHOULD HAVE AN IMPLEMENTATION TIMELINE OF LESS THAN 12 MONTHS. THE GRANT ADMINISTRATOR WILL REVIEW THE NOTICE OF FUNDING AVAILABILITY (NOFA) RESPONSES ON A ROLLING BASIS TO ENSURE THEY MEET THE ALIGNMENT REQUIREMENTS FOR THE PURPOSE OF THE GRANTS PROCESS. IF THE NOFA RESPONSE DOES ALIGN, THE GRANT ADMINISTRATOR WILL EMAIL EACH APPLICANT ORGANIZATION TO NOTIFY THEM THEY HAVE BEEN APPROVED TO MOVE TO THE NEXT PHASE OF SUBMITTING A FORMAL APPLICATION FOR FUNDING. AT A MINIMUM, ALTERNATIVE GRANT RECIPIENTS WOULD BE ASKED TO PROVIDE A ONE-PAGE SUMMARY OF THE ACTIVITIES THEY UNDERTOOK WITH FUNDING, ALONG WITH OUTCOME AND IMPACT. THE SPECIFIC METRICS FOR REPORTING MAY BE ESTABLISHED ON A GRANT-BY-GRANT BASIS AND/OR BASED ON METRICS. X X X 0 0 0 0 0 0 0 1 0 ELISABETH SCHROEDER MEMBER AT LARGE 0 545283 0 60000 0 11444 0 56000 0 17375 0 690102 0 0 JONATHAN BRELSFORD MEMBER AT LARGE 0 290865 0 0 0 2322 0 29766 0 38498 0 361451 0 0 FRED BROWN PRESIDENT/CEO 209554 0 10000 0 1718 0 21841 0 41074 0 284187 0 0 0 OLIVIA BENSON CHIEF OPERATING OFFICER 98268 0 4500 0 141 0 10608 0 39686 0 153203 0 0 0 PART I, LINE 7 THE PRESIDENT/CEO RECEIVED A BONUS OF $10,000. FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION: THE MISSION OF THE FORBES FUNDS IS TO FOCUS ON STRENGTHENING THE MANAGEMENT CAPACITY AND IMPACT OF COMMUNITY NONPROFITS INDIVIDUALLY AND COLLECTIVELY. THIS MISSION IS ACCOMPLISHED THROUGH CAPACITY BUILDING, SOCIAL INNOVATION AND THE GREATER PITTSBURGH NONPROFIT PARTNERSHIP. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: ELISABETH SCHROEDER AND FRED BROWN. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S BYLAWS PROVIDE FOR NINE DIRECTORS. AT ALL TIMES, FIVE DIRECTORS ELECTED BY THE PITTSBURGH FOUNDATION SHALL BE NOMINATED BY THE DIRECTORS OF THE CORPORATION, SUBJECT TO APPROVAL OF THE PITTSBURGH FOUNDATION. IN ADDITION, FOUR DIRECTORS SHALL BE ELECTED BY THE DIRECTORS OF THE FORBES FUNDS. FORM 990, PART VI, SECTION A, LINE 7B THE PITTSBURGH FOUNDATION HAS THE AUTHORITY TO APPROVE ALL MODIFICATIONS TO THE ARTICLES OF INCORPORATION OF THE FORBES FUNDS REGARDING ALL MERGERS, CONSOLIDATIONS, DIVISIONS, SALES OF SUBSTANTIALLY ALL ASSETS AND ANY DISSOLUTION OR LIQUIDATION. THE PITTSBURGH FOUNDATION MAY REMOVE FROM OFFICE ANY DIRECTOR ELECTED BY THE PITTSBURGH FOUNDATION. THE PITTSBURGH FOUNDATION HAS THE AUTHORITY TO APPROVE AMENDMENTS TO THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES ITS BOARD MEMBERS WITH AN ELECTRONIC COPY OF THE FORM 990 FOR REVIEW BEFORE IT IS FILED. PRIOR TO DISTRIBUTION, THE FORM 990 IS REVIEWED BY THE PRESIDENT, THE CHIEF OPERATING OFFICER AND FINANCE CONSULTANT OF THE FORBES FUNDS IN CONJUNCTION WITH THE PITTSBURGH FOUNDATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH TRUSTEE TO FILE A WRITTEN DECLARATION WITH THE FORBES FUNDS STATING AFFILIATIONS AND POTENTIAL CONFLICTS OF INTEREST UPON JOINING AS A TRUSTEE AND ONCE EACH YEAR THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION AND BENEFITS ARE IN ALIGNMENT WITH ALL COMPENSATION, BENEFIT AND PERSONNEL HR POLICIES OF THE SUPPORTED ORGANIZATION, THE PITTSBURGH FOUNDATION. AN ANNUAL PERFORMANCE PLAN FOR THE PRESIDENT IS REVIEWED AND DISCUSSED BY THE BOARD AT QUARTERLY BOARD MEETINGS AS PART OF THE PRESIDENT'S REPORT. CURRENT YEAR COMPENSATION LEVELS ARE REASONABLE AND WITHIN SURVEY BENCHMARK LEVELS FOR COMPARABLE POSITIONS. THE BOARD CHAIR WORKS DIRECTLY WITH THE PRESIDENT OF THE PITTSBURGH FOUNDATION TO ESTABLISH COMPENSATION AND INCENTIVE LEVELS FOR THE PRESIDENT THAT ARE GUIDED BY HIS PERFORMANCE AND ARE IN ACCORDANCE WITH CRITERIA SET FORTH BY AN INDEPENDENT NONPROFIT ADVISOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: EMERITUS MEMBERS SCOTT LAMMIE AND BRIAN K. PARKER ARE NON-VOTING EMERITUS BOARD MEMBERS IN 2023. FORM 990, PART IX, LINE 11G ACCEL - ROUNDTABLE DISCUSSIONS: PROGRAM SERVICE EXPENSES 1,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,500. ADMIN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,400. ANNUAL REPORT PREP: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 700. BENN PROJECT: PROGRAM SERVICE EXPENSES 27,790. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,790. BLACK EQUITY COALITION: PROGRAM SERVICE EXPENSES 3,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. CAPACITY BUILDING: PROGRAM SERVICE EXPENSES 6,875. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,875. CATALYTIC COMM COHORT: PROGRAM SERVICE EXPENSES 139,905. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 139,905. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 11,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,100. CSR CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 1,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,200. DATA ANALYSIS: PROGRAM SERVICE EXPENSES 350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350. DIGITAL BADGES: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. DIGITAL EQUITY CONSULTING: PROGRAM SERVICE EXPENSES 25,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,000. EMERGING DIRECTORS COHORT: PROGRAM SERVICE EXPENSES 18,497. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,497. EXECUTIVE IN RESIDENCE: PROGRAM SERVICE EXPENSES 67,454. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,454. FINANCE CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 53,165. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,165. FOR BEC AND BENN PROJECT: PROGRAM SERVICE EXPENSES 19,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,800. GRANT REVIEW: PROGRAM SERVICE EXPENSES 8,589. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,589. GREAT PGH NONPROFIT NETWORK: PROGRAM SERVICE EXPENSES 15,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,600. HR COHORT: PROGRAM SERVICE EXPENSES 78,130. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,130. LEARNING COHORT: PROGRAM SERVICE EXPENSES 9,499. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,499. MAGS GRANT REVIEW: PROGRAM SERVICE EXPENSES 5,704. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,704. MEALS ON WHEELS PROJECT: PROGRAM SERVICE EXPENSES 75,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,000. MENTAL HEALTH COLLECTIVE: PROGRAM SERVICE EXPENSES 7,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,500. NEW SUN RISING : PROGRAM SERVICE EXPENSES 10,163. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,163. NON PROFIT LEADERSHIP CIRCLES: PROGRAM SERVICE EXPENSES 12,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,500. ONE YEAR APPRENTICE: PROGRAM SERVICE EXPENSES 8,000. MANAGEMENT AND GENERAL EXPENSES 2,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. PAYROLL: PROGRAM SERVICE EXPENSES 1,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,300. PEOPLE NEED PEOPLE PROJECT: PROGRAM SERVICE EXPENSES 4,838. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,838. PILOT FOR AN AI COHORT: PROGRAM SERVICE EXPENSES 4,275. MANAGEMENT AND GENERAL EXPENSES 1,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,525. PRESIDENTS DISCRETIONARY GRANT: PROGRAM SERVICE EXPENSES 4,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,250. PROGRAM DESIGN: PROGRAM SERVICE EXPENSES 3,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISI FORM 990, PART XI, LINE 9: GRANT CANCELLATIONS 20,000. CHANGE IN PENSION VALUATION 28,344. FORM 990, PART XII, LINE 2C: FINANCIAL STATEMENTS AND REPORTING: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PITTSBURGH FOUNDATION FIVE PPG PLACE SUITE 250 PITTSBURGH PA 152225401 250965466 COMMUNITY FOUNDATION PA 501(C)(3) LINE 8 N/A 0 THE PITTSBURGH PROMISE FOUNDATION 1901 CENTRE AVE STE 204 PITTSBURGH PA 15219 261982661 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 THE CHARLES E KAUFMAN FOUNDATION FIVE PPG PLACE SUITE 250 PITTSBURGH PA 152225401 611488948 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 JACK G BUNCHER CHARITABLE FUND FOR THE PITTSBURGH FOUNDATION FIVE PPG PLACE SUITE 250 PITTSBURGH PA 152225401 204393147 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 NEIGHBORHOOD ALLIES 429 FOURTH AVE SUITE 1900 PITTSBURGH PA 15219 251578436 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0