Bruce & Lois Forbes Charitable
Bruce & Lois Forbes Charitable is a private foundation, based in Harrisonburg, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3K in total assets. In 2025, it awarded 1 grant totaling $3K.
Bruce & Lois Forbes Charitable at a glance
In short: Bruce & Lois Forbes Charitable gave $3K across 1 grant in 2025 (avg $3K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,500
- Grants made (2025)
- 1
- Average grant
- $2,500
- Median grant
- $2,500
- Total assets
- $3,459
- +1113.7% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Bruce & Lois Forbes Charitable funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Bridgewater College ($3K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Bruce & Lois Forbes Charitable gives
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $3K (2025) to $24K (2019). In 2025 it made 1 grant totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bridgewater College Bridgewater, VA | Scholarships | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,459 | $6,000 | $2,541 | $2,500 | 1 | $2,500 | — | $170 |
| 2024 | $285 | — | — | — | — | — | — | — |
| 2023 | $285 | — | — | — | — | — | — | $14 |
| 2022 | $285 | — | — | — | — | — | — | $28 |
| 2021 | $285 | $500 | $3,725 | $3,700 | 3 | — | — | $65 |
| 2020 | $3,510 | $20,002 | $18,485 | $18,000 | 3 | — | $2 | $135 |
| 2019 | $1,993 | $20,003 | $24,025 | $23,550 | 9 | — | $3 | $295 |
Under IRS private-foundation payout rules, Bruce & Lois Forbes Charitable reported a distributable amount of $170 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bruce & Lois Forbes Charitable is led by Lois J. Forbes, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lois J. Forbes
President
On filings since 2019
No compensation reported
Bruce Forbes
Vice President
On filings since 2019
No compensation reported
Jeffrey K. Forbes
Treasurer
Secretary Treasurer → Treasurer, 2022
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bruce & Lois Forbes Charitable
How much does Bruce & Lois Forbes Charitable give each year?
Bruce & Lois Forbes Charitable gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Bruce & Lois Forbes Charitable?
Bruce & Lois Forbes Charitable reported $3K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $170 (roughly 5% of its investment assets).
Where does Bruce & Lois Forbes Charitable operate?
Bruce & Lois Forbes Charitable has awarded grants in District of Columbia, North Carolina, Virginia.
What is Bruce & Lois Forbes Charitable's EIN?
Bruce & Lois Forbes Charitable's EIN (Employer Identification Number) is 54-1632246. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 16, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 21, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
Other open foundation grants in Virginia
Virginia Open opportunities, soonest deadline first.
- Dare Education Foundation Whole-School Grant Program Up to $10,000 · Due October 16, 2026
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- CIDQ Scholarship ACCESS Program (SAP) NCIDQ Exam fees (exam-fee voucher; excludes application fees and study materials) · Due October 31, 2026
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Figures come from Bruce & Lois Forbes Charitable's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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