//
Also known as: FOUNDATION INC
Stuart And Margaret L Forbes Foundation Inc. is a private corporation based in COLUMBUS, NC. The foundation received its IRS ruling in 1998. The principal officer is % James T Boyle Jr. It holds total assets of $2M. Annual income is reported at $800K. VARIOUS GRANTS: THESE FUNDS ARE AWARDED TO POLK COUNTY SCHOOLS AND LANIER LIBRARY. According to available records, Stuart And Margaret L Forbes Foundation Inc. has made 4 grants totaling $135K, with a median grant of $34K. The foundation has distributed between $67K and $69K annually from 2021 to 2022. Individual grants have ranged from $2K to $67K, with an average award of $34K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
VARIOUS GRANTS: THESE FUNDS ARE AWARDED TO POLK COUNTY SCHOOLS AND LANIER LIBRARY.
Expenses: $67K
VARIOUS GRANTS: THESE FUNDS ARE AWARDED TO POLK COUNTY SCHOOLS AND LANIER LIBRARY. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NC.
Stuart And Margaret L Forbes Foundation Inc. has distributed a total of $135K across 4 grants. The median grant size is $34K, with an average of $34K. Individual grants have ranged from $2K to $67K.
Stuart And Margaret L Forbes Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. PER THE FOUNDATION'S EXEMPTION APPLICATION: "...OF PARTICULAR INTEREST ARE THOSE PUBLIC CHARITIES FOCUSING THEIR ACTIVITIES ON EDUCATIONAL (INCLUDING PRE-SCHOOL & HEAD START), HEALTH CARE, MEDICAL RESEARCH AND RELIGIOUS NEEDS AND CONCERNS OF THE GENERAL PUBLIC AND, IN PARTICULAR, BUT NOT LIMITED TO, THOSE CITIZENS OF POLK COUNTY, NC AND SPARTANBURG COUNTY, SC." "...TO AWARD COLLEGE SCHOLARSHIPS BASED ON SCHOLASTIC ACHIEVEMENT, NEED, QUALITIES OF LEADERSHIP, CHARACTER AND COMMUNITY RESPONSIBILITY. THESE SCHOLARSHIPS WILL BE AWARDED TO STUDENTS ATTENDING THE POLK COUNTY, NC PUBLIC SHOOL SYSTEMS.".
Stuart And Margaret L Forbes Foundation Inc. is headquartered in COLUMBUS, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James T Boyle Jr | VICE CHR/PRE | $0 | $0 | $0 |
| F K Mcfarland Iii | DIRECT/SEC/T | $0 | $0 | $0 |
| Susan Mchugh | CHAIR/VICE P | $0 | $0 | $0 |
Total Giving
$90K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
$76K
Contributions
$0
Net Investment Income
$54K
Distribution Amount
$66K
Total: $1.3M
Total Grants
4
Total Giving
$135K
Average Grant
$34K
Median Grant
$34K
Unique Recipients
2
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Polk County SchoolsOPERATIONAL SUPPORT | Columbus, NC | $65K | 2022 |
| Lanier LibraryOPERATIONAL EXPENSES | Tryon, NC | $2K | 2022 |
FRUITLAND PK, FL
LAKE WALES, FL
CARMEL, IN
HOUSTON, TX
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
© 2026 Granted AI