Funder DirectoryTHE MARY C FORBES FOUNDATION
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Private foundation (trust)EIN 597112797Est. 1999-01

THE MARY C FORBES FOUNDATION

SOUTH PASADENA, FL 337072891

Accepts unsolicited proposals

Total Assets

$908K

FY 2023

Annual Giving

$161K

FY 2023

Grants Made

9

FY 2023

Avg Grant

$18K

FY 2023

Grant Range

$500–$60K

Typical

Deadlines

April 30th

Applications

Programs & Activities

Program 1

The mary c. Forbes charitable foundation was established by the testamentary provision of mary c. Forbes revocable trust agreement. Ms. Forbes was an active and committed member of the roman catholic church, st. Petersburg diocese. The trust created an ongoing foundation in the form of a continuing trust to provide scholarships for students who reside within the diocese of st. Petersburg and are active practitioners of the roman catholic faith for the purpose of seeking their catholic education. The scholarships are available for students residing in the diocese who are attending or applying to catholic elementary, middle, and high schools. Award of a grant is based on a variety of factors including financial need as well as academic merit, taking into considerdation the grade level of the applicant. The recipient of a scholarship must continue to reflect financial need, display academic achivevement and continue to actively practice the roman catholic faith. The sole source of income

Financial Snapshot

2023 filing

Total Revenue

$81K

Total Expenses

$256K

Qualifying Distributions

$161K

Distributable Amount

$51K

Min. Investment Return

$51K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

9 grants

Grant sizes from minimum $500 through median $15K to maximum $60K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2019 to 2023. Peak $161K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

67 grants

ST PETERSBURG CATHOLIC HIGH SCHOOL
$210K
4 grants
TAMPA CATHOLIC HIGH SCHOOL
$144K
4 grants
BISHOP MCLAUGHLIN CATHOLIC HIGH SCH
$57K
4 grants
CLEARWATER CENTRAL CATHOLIC HIGH SC
$54K
4 grants
CRISTO REY SALESIAN HIGH SCHOOL
$25K
1 grant
ST PAUL CATHOLIC SCHOOL
$14K
3 grants
ST LAWRENCE CATHOLIC SCHOOL
$6K
4 grants
MORNING STAR CATHOLIC SCHOOL
$5K
3 grants

Grant Size Distribution

67 grants

<$10K
51
grants
$10–50K
15
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Florida
$554K
100% of total

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