The Mary C Forbes Foundation

Foundation · Grantmaker South Pasadena, FL EIN: 59-7112797

The Mary C Forbes Foundation is a private foundation, based in South Pasadena, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $904K in total assets. In 2024, it awarded 9 grants totaling $161K.

Key facts about The Mary C Forbes Foundation

EIN
59-7112797
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$161,100
Grants made (2024)
9
Average grant
$17,900
Median grant
$14,500
Total assets
$903,930
Primary geography
Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Mary C Forbes Foundation funds

By grant dollars, the top recipient states for The Mary C Forbes Foundation's 9 itemized 2024 grants were Florida (100%). The most frequent recipient cities were Tampa, FL (3 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "Student Scholarships" (9 grants).

How The Mary C Forbes Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+15%). Method
  • In 2024 it paid out 315% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$904K

-16.3% YoY

Annual Giving

$161K

+28.1% YoY

Grant Count

9

-40.0% YoY

Avg Grant Size

$18K

+113.4% YoY

Under IRS private-foundation payout rules, The Mary C Forbes Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mary C Forbes Foundation

Based on IRS filings

The Mary C Forbes Foundation is a private foundation, based in South Pasadena, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $904K in total assets. In 2024, it awarded 9 grants totaling $161K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 9 itemized 2024 grant dollars.

States

Cities

St PetersburgTampaSpring HillClearwaterPinellas ParkSafety HarborTemple TerraceSt Pete BeachDunedinSan AntonioLargoLutzRiverviewLecantoSeminole

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$76K$152K$228K$305K20202021202220232024
Metric202420232022
Total Assets$903,930$1,079,544$1,698,176
Revenue$80,904$136,088$244,484
Expenses$255,912$220,669$229,917
Qualifying Distributions$161,100$125,800$130,650
Net Investment Income———
Distributable Amount$51,168$63,096$85,018

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$81K$121K$161K23 grants202018 grants202120 grants202215 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

St Petersburg Catholic High School: $60KSt Petersburg Catholic HighSchool$60KTampa Catholic High School: $39KTampa Catholic High School$39KCristo Rey Salesian High School: $25KCristo Rey Salesian HighSchool$25KBishop McLaughlin Catholic High Sch: $16KBishop McLaughlin CatholicHigh Sch$16KClearwater Central Catholic High SC: $15KClearwater Central CatholicHigh SC$15KMorning Star Catholic School: $3KMorning Star Catholic School$3KSt Lawrence Catholic School: $2KSt Lawrence Catholic School$2KEspiritu Santo Catholic School: $1KEspiritu Santo Catholic School$1KCorpus Christi Catholic School: $500Corpus Christi Catholic School$500

Grant Size Distribution

85 grants across all recorded years

80<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include St Petersburg Catholic High School ($60,000), Tampa Catholic High School ($39,100), Cristo Rey Salesian High School ($25,000).

RecipientPurposeAmount
ST PETERSBURG CATHOLIC HIGH SCHOOL St Petersburg, FLSTUDENT SCHOLARSHIPS$60,000
TAMPA CATHOLIC HIGH SCHOOL Tampa, FLSTUDENT SCHOLARSHIPS$39,100
CRISTO REY SALESIAN HIGH SCHOOL Tampa, FLSTUDENT SCHOLARSHIPS$25,000
BISHOP MCLAUGHLIN CATHOLIC HIGH SCH Spring Hill, FLSTUDENT SCHOLARSHIPS$16,000
CLEARWATER CENTRAL CATHOLIC HIGH SC Clearwater, FLSTUDENT SCHOLARSHIPS$14,500
MORNING STAR CATHOLIC SCHOOL Pinellas Park, FLSTUDENT SCHOLARSHIPS$3,000
ST LAWRENCE CATHOLIC SCHOOL Tampa, FLSTUDENT SCHOLARSHIPS$2,000
ESPIRITU SANTO CATHOLIC SCHOOL Safety Harbor, FLSTUDENT SCHOLARSHIPS$1,000
CORPUS CHRISTI CATHOLIC SCHOOL Temple Terrace, FLSTUDENT SCHOLARSHIPS$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

D'Arcy R Clarie — Trustee See: $25KD'Arcy R ClarieTrustee See$25K

From 2024 IRS filing

NameTitleHoursCompensation
D'Arcy R ClarieTrustee See—$25,000

Frequently Asked Questions

How large is The Mary C Forbes Foundation?

As of 2024, The Mary C Forbes Foundation holds $904K in total assets with $81K in annual revenue. It awarded 9 grants totaling $161K in 2024.

Where does The Mary C Forbes Foundation operate?

The Mary C Forbes Foundation has awarded grants in Florida.

What size grants does The Mary C Forbes Foundation award?

In 2024, The Mary C Forbes Foundation awarded 9 grants totaling $161K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is The Mary C Forbes Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mary C Forbes Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mary C Forbes Foundation's EIN?

The Mary C Forbes Foundation's EIN (Employer Identification Number) is 59-7112797. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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