Stephen & Karla Forgiel

Private foundation · Grantmaker Waltham, MA EIN: 46-4911066

Stephen & Karla Forgiel is a private foundation, based in Waltham, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $625K in total assets. In 2025, it awarded 8 grants totaling $71K. Net investment income was $20K.

Key facts about Stephen & Karla Forgiel

In short: Stephen & Karla Forgiel gave $71K across 8 grants in 2025 (avg $9K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
46-4911066
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$71,000
Grants made (2025)
8
Average grant
$8,875
Median grant
$10,000
Total assets
$625,485
Primary geography
Massachusetts (56% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$625K

+0.3% YoY

Annual Giving

$71K

+42.0% YoY

Grant Count

8

+60.0% YoY

Avg Grant Size

$9K

-11.3% YoY

Under IRS private-foundation payout rules, Stephen & Karla Forgiel reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.

How Stephen & Karla Forgiel gives

  • Giving grew 137% from 2022 to 2025. Method
  • In 2025 it paid out 226% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

RockvilleTauntonBostonSharonWorcesterBedfordProvidence

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants2019 1 grant2020 3 grants2021 3 grants2022 5 grants2023 5 grants2024 8 grants2025

From 2019 to 2025, annual grant giving ranged from $20K (2020) to $71K (2025). In 2025 it made 8 grants totaling $71K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Fisher House Foundation Inc: $30K across 3 grantsFisher House Foundation Inc$30K · 3 grantsNAMI of Masschusetts: $10KNAMI of Masschusetts$10KHomes for Our Troops Inc: $10KHomes for Our Troops Inc$10KProject New Hope Inc: $10KProject New Hope Inc$10K22 Mohawks Corp: $10K22 Mohawks Corp$10KSwimming with a Mission Inc: $1KSwimming with a Mission Inc$1K

The largest 2025 recipient was Fisher House Foundation Inc ($30K across 3 grants). Together the top 6 received $71K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fisher House Foundation Inc Rockville, MDSupport Military Veterans$10,000
Fisher House Foundation Inc Rockville, MDSupport Military Veterans$10,000
Fisher House Foundation Inc Rockville, MDSupport Military Veterans$10,000
NAMI of Masschusetts Boston, MAMental Illness Services$10,000
Homes for Our Troops Inc Taunton, MAHousing for Veterans$10,000
Project New Hope Inc Worcester, MASupport Military Veterans$10,000
22 Mohawks Corp Sharon, MASupport Military Veterans$10,000
Swimming with a Mission Inc Bedford, NHSupport Military Veterans$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$625,485$623,726$646,656
Revenue$29,873$10,093$46,928
Expenses$82,309$59,971$58,834
Qualifying Distributions$71,000$53,244$50,106
Net Investment Income$19,709$22,559$22,856
Distributable Amount$31,406$32,533$32,537

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 22, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Stephen & Karla Forgiel is led by William F Brooks Esq., Trustee on every filing since 2019 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • William F Brooks Esq.

    Trustee

    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 Stephen & Karla Forgiel

How much does Stephen & Karla Forgiel give each year?

Stephen & Karla Forgiel gave $71K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 5 grants.

What is Stephen & Karla Forgiel's typical grant size?

Stephen & Karla Forgiel's median grant in 2025 was $10,000, and its average grant was $8,875, across 8 grants on its 2025 IRS Form 990-PF.

Where does Stephen & Karla Forgiel give grants?

Stephen & Karla Forgiel gives mostly in Massachusetts: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maryland (42%). The most frequent recipient cities were Rockville, MD (3 grants).

Does Stephen & Karla Forgiel give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Stephen & Karla Forgiel's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support Military Veterans" (6 grants).

Who are Stephen & Karla Forgiel's largest grantees?

Stephen & Karla Forgiel's largest 2025 grantees include Fisher House Foundation Inc ($30,000 across 3 grants), NAMI of Masschusetts ($10,000) and Homes for Our Troops Inc ($10,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.

How large is Stephen & Karla Forgiel?

Stephen & Karla Forgiel reported $625K in total assets on its 2025 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets).

What is Stephen & Karla Forgiel's EIN?

Stephen & Karla Forgiel's EIN (Employer Identification Number) is 46-4911066. 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.

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