- Revenue 2025
- $8,209,960
- Expenses 2025
- $4,326,991
Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T31Z
- Classification
- 1200
- Street
- 255 S TRADE ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
2 other organizations in the IRS Business Master File list the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
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MARJORIE M & LAWRENCE R BRADLEY ENDOWMENT FUND OF POLK COUNTY N CA
EIN 20-2953427
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STUART AND MARGARET L FORBES FOUNDATION INC
EIN 56-2079528
Mission and programs · 2025
Mission
TO ADMINISTER FUNDS ENTRUSTED TO SUPPORT CHARITABLE, CULTURAL, EDUCATIONAL AND PUBLICLY BENEFICIAL ACTIVITIES IN THE COMMUNITY CENTERED IN AND AROUND POLK COUNTY, N.C. BOTH BY DIRECTLY EXPENDING SUMS FOR SUCH PURPOSES AND IN COOPERATION WITH INSTITUTIONS QUALIFIED TO CARRY OUT THESE OBJECTIVES MOST EFFICIENTLY. THE FOUNDATION WORKS WITH DONORS (BOTH INDIVIDUALS AND CHARITABLE ORGANIZATIONS) TO ESTABLISH FUNDS TO BENEFIT ONE OR MORE NAMED CHARITIES, TO ACCOMPLISH A CERTAIN OBJECTIVE (PROVIDE FOR CULTURAL EVENTS, ENCOURAGE THE DEVELOPMENT OF AGRICULTURE, PROVIDE FREE ACTIVITIES FOR YOUTH, IMPROVE CLASSROOM TEACHING, ETC.), TO AWARD SCHOLARSHIPS TO LOCAL STUDENTS, AND TO ALLOW THE BOARD OF THE POLK COUNTY COMMUNITY FOUNDATION TO ADDRESS THE NEEDS OF THE COMMUNITY AS THEY CHANGE FROM TIME TO TIME (UNRESTRICTED FUNDS).
Activities or mission (Part I)
TO ADMINISTER FUNDS ENTRUSTED TO IT TO SUPPORT CHARITABLE, CULTURAL, EDUCATIONAL AND PUBLICLY BENEFICIAL CHARITABLE ACTIVITIES IN THE COMMUNITY CENTERED IN AND AROUND POLK COUNTY, N.C.
-
THE COMMUNITY FOUNDATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE IN POLK COUNTY, NC, AND THE SURROUNDING AREAS. IT FULFILLS THIS MISSION BY: AWARDING GRANTS FROM UNRESTRICTED FUNDS TO SUPPORT MEANINGFUL LOCAL NONPROFIT PROJECTS PROVIDING VOCATIONAL AND COLLEGE SCHOLARSHIPS TO LOCAL STUDENTS DISTRIBUTING INCOME FROM ENDOWMENT FUNDS ACCORDING TO DONOR OR NONPROFIT GUIDELINES ADMINISTERING PLANNED GIVING PROGRAMS OFFERING RESOURCES AND MEETING SPACES FOR NONPROFITS HELPING DONORS AND NONPROFITS ACHIEVE THEIR CHARITABLE GOALS THE FOUNDATION CURRENTLY ADMINISTERS OVER 225 CHARITABLE FUNDS. IN RESPONSE TO HURRICANE HELENE, THE BOARD OF DIRECTORS AUTHORIZED THE USE OF THE EMERGENCY RELIEF FUND TO ADDRESS URGENT COMMUNITY NEEDS. ADDITIONALLY, THREE NEW GRANTMAKING FUNDS WERE ESTABLISHED: THE REPAIR AND REBUILDING FUND THE GREEN RIVER RESTORATION FUND THE PACOLET VALLEY RESTORATION FUND THESE FUNDS ENABLED THE LAUNCH OF A STREAMLINED GRANT APPLICATION PROCESS, ALLOWING FOR THE QUICK AND EFFECTIVE DISTRIBUTION OF CRITICAL RESOURCES. THEY SUPPORT ORGANIZATIONS FOCUSED ON RECOVERY, RECONSTRUCTION, AND RESTORATION EFFORTS, AS WELL AS THOSE IMPACTED BY THE STORM, HELPING THEM REOPEN AND CONTINUE SERVING THE COMMUNITY.
Expenses $3,845,740 · Grants $3,304,890 · Revenue $2,871,632
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
A Thomas JacksonA THOMAS JACKSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin D BurnettKEVIN D BURNETT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Peter R FranklinPETER R FRANKLIN
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Susan S McHughSUSAN S MCHUGH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Carolyn GibsonCAROLYN GIBSON
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dale L McEntireDALE L MCENTIRE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Frances H ParkerFRANCES H PARKER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gordon B HamiltonGORDON B HAMILTON
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Heidi L ShullHEIDI L SHULL
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Matthew Pohsweg JrMATTHEW POHSWEG JR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Norma W BatchelderNORMA W BATCHELDER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sara Barron BellSARA BARRON BELL
PRESIDENT & CEO
- Total calculated
- $263,102
- From this org
- $208,586
- From related orgs
- $0
- Other
- $54,516
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $208,586
- Bonus
- $0
- Other
- $0
- Deferred
- $41,717
- Nontaxable benefits
- $12,799
- Filer's total
- $263,102
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $8,209,960
- Expenses
- $4,326,991
- Contributions
- $5,338,328
- Grants paid
- $3,304,890
-
2023
- Revenue
- $2,549,691
- Expenses
- $3,091,951
- Contributions
- $489,668
- Grants paid
- $2,238,821
-
2022
- Revenue
- $3,247,757
- Expenses
- $2,512,033
- Contributions
- $2,079,172
- Grants paid
- $1,610,706
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $2,369,323
- Expenses
- $2,308,096
- Assets (EOY)
- $66,618,195
-
2020 · 990
- Revenue
- $3,595,104
- Expenses
- $3,041,183
- Assets (EOY)
- $61,835,986
-
2019 · 990
- Revenue
- $2,374,913
- Expenses
- $2,231,036
- Assets (EOY)
- $55,699,137
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
THERMAL BELT OUTREACH MINISTRY INC
$320,888
2025 SUPPORT FOR FOOD DISTRIBUTION, HOUSING, MEDICAL & FINANCIAL ASSISTANCE FOR THOSE IN NEED
-
POLK COUNTY SCHOOLS
$276,708
2025 SUPPORT FOR GIFTED CAMPS, BAND PROGRAM, FIELD TRIPS, INTERNSHIPS, TEACHER CONFERENCES & EDUCATIONAL TRAVEL, COMMUNITY PARTNERSHIPS, MENTORING & SPECIAL PROJECTS
-
$267,606
2023 Support for 400+ acre nature & equestrian center
-
Thermal Belt Outreach Ministry Inc
$229,456
2023 Support for food distribution, housing, medical & financial assistance for those in need
-
$203,775
2025 SUPPORT FOR 400+ ACRE NATURE & EQUESTRIAN CENTER
-
$200,000
2025 DONOR ADVISED FUND DISTRUBUTION TO SUPPORT STORM RECOVERY IN POLK COUNTY
-
$186,900
2025 SUPPORT COMMUNITY CENTER IMPROVEMENTS & PROGRAMS
-
$183,548
2023 Support for community arts center programs, operations & facilities
-
$182,229
2022 400+ ACRE NATURAL FACILITY FOR NATURE AND EQUESTRIAN (SOLAR PANELS, SUSTAINABILITY)
-
$160,006
2023 Support for arts education programs, community events, operations & facilities
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
2025 GENERAL SUPPORT
-
2022 SUSTAINABILITY
-
2024 For grant recipient's exempt purposes
-
SAINT PAUL & MINNESOTA FOUNDATION
$250,000
2023 MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
-
SALUDA COMMUNITY LAND TRUST INC
$51,345
2022 OPERATIONAL SUPPORT
-
2022 For grant recipient's exempt purposes
-
2024 PUBLIC, SOCIETAL BENEFIT
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2025 return
-
MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT FUND OF POLK COUNTY NC
501(C)(3) · SUPPORT ORGANIZATION · NC
Declared as related by
-
MARJORIE M & LAWRENCE R BRADLEY ENDOWMENT FUND OF POLK COUNTY N CA
On its 2025 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.