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Nonprofiteer
← STUART AND MARGARET L FORBES FOUNDATION INC

Form 990-PF for tax year 2025

Filed by STUART AND MARGARET L FORBES FOUNDATION INC.

Totals

Total revenue
$1,016,581
Total expenses
$2,324,016
Contributions and grants received
not reported
Contributions, gifts and grants paid
$2,305,708
Fair market value of assets, end of year
$0

Listed in Part VIII

  • James T Boyle Jr

    VICE CHR/PRE

    Total calculated
    $0
    Hours/week
    2
  • Susan McHugh

    CHAIR/VICE P

    Total calculated
    $0
    Hours/week
    2
  • F K McFarland III

    DIRECT/SEC/T

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$2,305,708
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$2,305,708
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the cash method, under which a grant is recorded when it is paid. Even so, the books total and the cash figures in this section can differ, and column (d) is sometimes filed as 0.

  • POLK COUNTY COMMUNITY FOUNDATION

    $2,296,458

    TRYON, NC

    CONTINUED SCHOLARSHIPS FOR POLK CTY

  • NORTH CAROLINA CENTER FOR THE ADVANCEMENT OF TEACHING

    $8,250

    CULLOWHEE, NC

    POLK COUNTY SCHOOLS FUNDING

  • POLK COUNTY SCHOOLS

    $1,000

    COLUMBUS, NC

    OPERATIONAL SUPPORT

Provenance

Return type
form_990_pf
Tax year
2025
Filed
12 May 2026
IRS schema version
2025v4.0
Source object
202601339349101815

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