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

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

CONTINUED SCHOLARSHIPS FOR POLK CTY

$2,296,458 1 grant

OPERATIONAL SUPPORT

$423,860 12 grants

GRANT

$35,000 2 grants

OPERATIONAL EXPENSES

$24,511 5 grants

POLK COUNTY SCHOOLS FUNDING

$8,250 1 grant

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.

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

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