Private Foundation

STUART AND MARGARET L FORBES FOUNDATION INC

Based in TRYON, NC, STUART AND MARGARET L FORBES FOUNDATION INC operates as a Private Foundation. The organization reported $1.0M in revenue, $2.3M in expenses for fiscal year 2025. Imperigo tracks 21 reported grants from this foundation totaling approximately $2.8M.

EIN: 562079528 TRYON, NC Latest filing: 2025
Total Revenue$1.0M
Total Expenses$2.3M
Grants Given21
Grant Total$2.8M
Filing Years2021–2025

Before you apply to Stuart and Margaret L Forbes Foundation Inc

Preselected only Doesn't accept unsolicited requests for funds, per its 2025 Form 990-PF.

Often funds new orgs 50% of recent recipients were first-time grantees (2023–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

POLK COUNTY COMMUNITY FOUNDATION
TRYON, NC · 2025
CONTINUED SCHOLARSHIPS FOR POLK CTY
$2,296,458
NORTH CAROLINA CENTER FOR THE
CULLOWHEE, NC · 2025
POLK COUNTY SCHOOLS FUNDING
$8,250
POLK COUNTY SCHOOLS
COLUMBUS, NC · 2025
OPERATIONAL SUPPORT
$1,000
POLK COUNTY SCHOOLS
COLUMBUS, NC · 2024
OPERATIONAL SUPPORT
$105,000
GO GLOBAL NC - GLOBAL TEACHERS
MORRISVILLE, NC · 2024
OPERATIONAL EXPENSES
$15,000

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

DIRECT/SEC/T F K Mcfarland Iii
VICE CHR/PRE James T Boyle Jr
CHAIR/VICE P Susan Mchugh

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$2,304,708 2 grants
General Support
$483,371 19 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.0M $2.3M —
2024 $124K $144K $2.0M
2023 $54K $90K $1.4M
2022 $91K $81K $1.3M
2021 $56K $78K $1.3M

Between 2021 and 2025, reported annual revenue grew from $56K to $1.0M (+1705%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for STUART AND MARGARET L FORBES FOUNDATION INC

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