Stuart and Margaret L Forbes Founda
COLUMBUS, NC EIN: 56-2079528
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.0M
+46.8% YoY
Annual Giving
$127K
+67.5% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$25K
-33.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,983,219 | $1,350,953 | $1,315,147 |
| Revenue | $123,921 | $53,714 | $91,102 |
| Expenses | $144,086 | $90,119 | $80,596 |
| Qualifying Distributions | $126,711 | $75,655 | $66,500 |
| Net Investment Income | $123,421 | $53,714 | $91,102 |
| Distributable Amount | $87,563 | $66,204 | $64,319 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Stuart and Margaret L Forbes Founda fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES T BOYLE JR | VICE CHR/PRE | 2 | — |
| SUSAN MCHUGH | CHAIR/VICE P | 2 | — |
| F K MCFARLAND III | DIRECT/SEC/T | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $338K (100%)
States
Cities
ColumbusForest CityMorrisvilleRaleighTryon
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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