STUART AND MARGARET L FORBES FOUNDA

ASHEVILLE, NC 288012354 EIN 562079528

https://N/A
$2.0M Total Assets (2024)
$90K Avg Yearly Giving (2022–2024)
$269K Giving on File
(3 yrs)
9 Grants on File
$25K Avg Grant Size

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Contact Person STUART AND MARGARET L FORBES FOUND
Phone 8286062390
Deadlines NO DEADLINES
How to Apply SEE ATTACHED "GRANT REQUEST" FORM AND "SCHOLARSHIP APPLICATION FORM"
Restrictions 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."

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2019 N/A $1.2M $64K N/A
2020 N/A $1.2M $118K N/A
2021 N/A $1.3M $56K N/A
2022 $66K $1.3M $91K 2
2023 $76K $1.4M $54K 2
2024 $127K $2.0M $124K 5

Grant Size Distribution

Based on 9 grants on record

Minimum
$200
25th Pctl
$2K
Median
$5K
Average
$30K
75th Pctl
$65K
Maximum
$105K

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
JAMES T BOYLE JR VICE CHR/PRE
F K MCFARLAND III DIRECT/SEC/T
SUSAN MCHUGH CHAIR/VICE P

Grants Awarded (9 total)

RecipientLocationAmountPurposeYear
POLK COUNTY SCHOOLS COLUMBUS, NC $105,000 OPERATIONAL SUPPORT 2024
POLK COUNTY SCHOOLS COLUMBUS, NC $74,155 OPERATIONAL SUPPORT 2023
POLK COUNTY SCHOOLS COLUMBUS, NC $65,000 OPERATIONAL SUPPORT 2022
GO GLOBAL NC - GLOBAL TEACHERS MORRISVILLE, NC $15,000 OPERATIONAL EXPENSES 2024
TRYON CHILDREN'S THEATER FESTIVAL TRYON, NC $5,000 OPERATIONAL EXPENSES 2024
LANIER LIBRARY TRYON, NC $1,511 OPERATIONAL EXPENSES 2024
LANIER LIBRARY TRYON, NC $1,500 OPERATIONAL EXPENSES 2023
LANIER LIBRARY TRYON, NC $1,500 OPERATIONAL EXPENSES 2022
CAROLINA FOOTHILLS FOUNDATION FOREST CITY, NC $200 OPERATIONAL SUPPORT 2024