Elster Forbes Foundation
- Assets
- $7.5m
- Revenue
- -$16.7k
- Investments
- $7.0m
- Employees
- 0
- Location
- Ballwin, MO
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 32-0566645
Organization Overview
Elster Forbes Foundation is located in Ballwin, MO. The organization was established in 2019. According to its NTEE Classification (F12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elster Forbes Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Elster Forbes Foundation has awarded 42 individual grants totaling $1,870,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Forbes Vice Chair | 1 | $0 | |
Jeanine J Elster Director Chair | 10 | $0 | |
Allen D Elster Sec Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $20,638 |
| Dividends & Interest | $115,855 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$227,736 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $72,058 |
| Total Revenue | -$16,685 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,582 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $389 |
| Total operating and administrative expenses | $41,809 |
| Contributions, gifts, grants paid | $377,500 |
| Total expenses and disbursements | $419,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,815 |
| Savings and temporary cash investments | $411,409 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,474,708 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Elster Forbes Foundation has awarded $377,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UNICEF PURPOSE: HELP CHILDREN IN UKRAINE | $100,000 |
RECOVERY INSTITUTE OF MGH PURPOSE: PROMOTE DONEE'S CHARITABLE MISSIONS | $50,000 |
CURE ALZHEIMER FUND PURPOSE: PROMOTE MEDICAL RESEARCH | $50,000 |
Alexandria, VA PURPOSE: CURE MENTAL ILLNESS | $50,000 |
FEEDING AMERICA PURPOSE: PROMOTE DONEE'S CHARITABLE MISSIONS | $30,000 |
Ponte Vedra, FL PURPOSE: PROMOTE DONEE'S CHARITABLE MISSIONS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gw Foundation Inc Chicago, IL | $100,882,389 | $9,714,845 |
Southwest Iowa Nonprofit For Collective Impact Omaha, NE | $12,702,470 | $12,577,044 |
Live 4 Lali Inc Arlington Heights, IL | $295,636 | $723,269 |
Elster Forbes Foundation Ballwin, MO | $7,474,708 | -$16,685 |
Saint Joseph London Foundation Inc Lexington, KY | $687,451 | $474,579 |
Behavioral Health Support Foundation Omaha, NE | $1,841,653 | $100,170 |
Carls Cause Incorporated Overland Park, KS | $25,705 | $0 |
Brothers Run Foundation Versailles, KY | $75,882 | $0 |
Speak Up Inc Overland Park, KS | $366,576 | $0 |
Talbot Home For Sober Living Keokuk, IA | $21,835 | $0 |
Andrew Applegate Foundation Chicago, IL | $144,131 | $0 |
Rmpd Hope Fund Rolling Mdws, IL | $11,363 | $0 |