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Filing year 2023

THE FORBES FUNDS

Pittsburgh, Pennsylvania·EIN 25-1418095·3
Total revenue
$2.7M
Total assets
$10.3M
Total expenses
$2.6M
Reported officers
11

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
75th to 90th percentile
$284k
$317k
Base
$210k
Bonus
$10k
Other
$2k
Benefits
$41k
Chief Operating Officer
Median to 75th percentile
$153k
$171k
Base
$98k
Bonus
$5k
Other
$141
Benefits
$40k
Chief Program Officer
Highest Compensated Employee
25th percentile to median
$145k
$162k
Member at Large
Board Member
75th to 90th percentile
$73k
$82k
Member at Large
Board Member
75th to 90th percentile
$68k
$76k
Treasurer
Officer (Unspecified)
$12k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

FAQ

Common questions about THE FORBES FUNDS

What does the Chief Executive Officer of THE FORBES FUNDS earn?

In 2023, the Chief Executive Officer of THE FORBES FUNDS received $284,187 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FORBES FUNDS compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE FORBES FUNDS falls between the 75th and 90th percentiles.

What are THE FORBES FUNDS's revenue and expenses?

In 2023, THE FORBES FUNDS reported $2.7M in total revenue and $2.6M in total expenses on its IRS Form 990.

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