Cobb Foundation
Cobb Foundation is a private foundation based in Great Falls, Montana. Its 2025 filing reports grants to organizations, including educational institutions and charitable organizations.
Cobb Foundation at a glance
In short: Cobb Foundation gave $84K across 56 grants in 2025 (avg $2K), mostly in Montana. 18% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $84,400
- +20.6% vs 2024
- Grants made (2025)
- 56
- +21.7% vs 2024
- Average grant
- $1,507
- -1.0% vs 2024
- Median grant
- $1,000
- Total assets
- $1,526,019
- +2.3% vs 2024
- New grantees (estimate)
- 18% first-time grantees (10 of 56, 2025)
- Primary geography
- Montana (70% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Cobb Foundation
- How to Apply
-
The foundation’s filing says it does not restrict giving to preselected organizations. It lists Amy Forsman as the contact and a letter as the application form and materials. The filing states there are no restrictions on awards.
- Review Cycle
- No deadlines.
- Deadline
- No deadlines.
- Contact
Application contact: Amy Forsman
Mailing address: 21 10Th St S, Great Falls, MT 59401
Phone: (406) 727-0888
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Cobb Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Montana State University ($8K). Together the top 10 received $34K.
Grant Size Distribution
260 grants across all recorded years
The most common grant size was under $50K: 260 grants of 260 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 70% of grant dollars went to recipients in Montana, 19% to Washington, 9% to Colorado, and 2% to Kansas.
Grant Distribution by State
Share of 2025 grant dollars across all 56 itemized grants.
Cities
Is Cobb Foundation open to new grantees?
18%
first-time grantees, 2025
In 2025, 10 of 56 grantees (18%) were first-time recipients. First grants averaged $780; repeat grants $2K. How we count
Medians: $950 first-time, $1K repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $70K (2023) to $93K (2022). In 2025 it made 56 grants totaling $84K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Montana State University Bozeman, MT | Education | $7,500 |
| University of Montana Foundation Missoula, MT | Education | $7,000 |
| Carroll College Helena, MT | Education | $3,000 |
| St Matthias Augusta Altar Society Augusta, MT | Charitable | $3,000 |
| Trinity Reformed Church Rifle, CO | Charitable | $2,500 |
| University of Providence Great Falls, MT | Education | $2,500 |
| Ryther Seattle, WA | Charitable | $2,450 |
| Ryther League Seattle, WA | Charitable | $2,450 |
| Camp Marshall Helena, MT | Charitable | $2,000 |
| Christ Church Episcopal Kalispell, MT | Charitable | $2,000 |
Ready to take the next step with Cobb Foundation?
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 | $1,526,019 | $144,812 | $111,109 | $84,400 | 56 | $88,363 | $127,445 | $88,530 |
| 2024 | $1,492,316 | $118,418 | $94,470 | $70,000 | 46 | $73,496 | $102,142 | $83,326 |
| 2023 | $1,468,368 | $101,500 | $92,257 | $70,000 | 44 | $73,147 | $86,608 | $78,191 |
| 2022 | $1,459,125 | $92,429 | $116,418 | $92,800 | 58 | $95,838 | $76,946 | $84,505 |
| 2021 | $1,483,114 | $165,294 | $115,236 | $91,600 | 56 | — | $148,118 | $95,795 |
Under IRS private-foundation payout rules, Cobb Foundation reported a distributable amount of $89K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2025 grants included support for education and charitable purposes. Among the recipients, Ryther describes its work as providing therapeutic services to young people struggling emotionally and behaviorally; the Center for Mental Health Foundation says it supports mental health and recovery; and the University of Providence describes serving all, especially people who are poor and vulnerable. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In filing year 2025, the foundation reported 56 grants totaling $84,400. Grants ranged from $250 to $7,500, with a median of $1,000. The largest awards included $7,500 to Montana State University for education and $7,000 to the University of Montana Foundation for education. Other listed grants included $3,000 to Carroll College, $2,500 to the University of Providence, and $2,450 each to Ryther and Ryther League.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Colleen Calkins, Stephen C Hatch, Michael Cobb, Elizabeth Cobb, and John R Cobb as directors; Dorene S Badgett as vice president; Amy Forsman as secretary/treasurer; and Carol S Larson Mrs Kurt as president.
Cobb Foundation is led by Carol S. Larson Mrs Kurt, President since 2025 (on filings since 2021); none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol S. Larson Mrs Kurt
President
Director → Vice President, 2023
Vice President → President, 2025
On filings since 2021
1 hr/week
No compensation reported
Colleen Calkins
Director
Director → Vice President, 2022
Vice President → Director, 2023
On filings since 2021
1 hr/week
No compensation reported
John R. Cobb
Director
On filings since 2021
1 hr/week
No compensation reported
Michael Cobb
Director
Director → President, 2023
President → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Stephen C. Hatch
Director
Vice President → President, 2022
President → Director, 2023
On filings since 2021
1 hr/week
No compensation reported
Elizabeth Cobb
Director
New on the 2025 filing
1 hr/week
No compensation reported
Dorene S. Badgett
Vice President
Director → Vice President, 2025
On filings since 2021
1 hr/week
No compensation reported
Amy Forsman
Secretary & Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Pam Guschausky (2021) — Secretary & Treasurer
Data from IRS Form 990 filings, 2021–2025. "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 Cobb Foundation
How much does Cobb Foundation give each year?
Cobb Foundation gave $84K across 56 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $70K across 46 grants.
What is Cobb Foundation's typical grant size?
Cobb Foundation's median grant in 2025 was $1,000, and its average grant was $1,507, across 56 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Cobb Foundation that year got $780 on average.
Where does Cobb Foundation give grants?
Cobb Foundation gives mostly in Montana: 70% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Washington (19%) and Colorado (9%). The most frequent recipient cities were Kalispell, MT (9 grants), Augusta, MT (9 grants), Great Falls, MT (6 grants) and Seattle, WA (5 grants).
Does Cobb Foundation give general operating support?
Not in 2025: none of the 56 grants with a stated purpose on Cobb Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (42 grants) and "Education" (8 grants).
Who are Cobb Foundation's largest grantees?
Cobb Foundation's largest 2025 grantees include Montana State University ($7,500), University of Montana Foundation ($7,000) and Carroll College ($3,000), according to its 2025 IRS Form 990-PF. Together they received 21% of its itemized 2025 grant dollars.
How large is Cobb Foundation?
Cobb Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $89K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Cobb Foundation fund?
No foundation mission statement is provided. Its 2025 grants included support for education and charitable purposes. See mission & focus areas ↑
How do I apply for a grant from Cobb Foundation?
The foundation’s filing says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Cobb Foundation's EIN?
Cobb Foundation's EIN (Employer Identification Number) is 81-6009358. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 30, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 25, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 2, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Cobb Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Fales Foundation Trust
Eagan, MN
The foundation funds Seattle arts programs and programs serving people experiencing homelessness, with recent awards ranging from $5,000–$10,000 in 2023 to a single grant of $360,000 in 2026. Its geographic focus is unclear across filings: 2023 grants went to Washington organizations, while the 2026 filing reports all grant dollars went to Minnesota recipients. It does not restrict giving to preselected organizations; contact U.S. Bank N.A. for an application, which is provided in response to qualified inquiries.
Assets
$4.8M
Grants
1
Total Given
$360K
Floyd Foundation
Kalispell, MT
The Floyd Foundation supports charitable organizations with varied interests, including senior services, education, child advocacy, food access, journalism, and faith-based programs, with most 2024 funding going to Montana and additional grants to organizations in other states. Its 2024 grants ranged from $1,000 to $30,000, with a median of $8,500. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$1.1M
Grants
20
Total Given
$185K
The Angora Ridge Foundation
Whitefish, MT
The Angora Ridge Foundation supports varied charitable work, including justice, hunger relief, adaptive outdoor recreation, parks, music education, and conservation, with most funding going to Montana organizations. Its 2025 grants ranged from $35 to $105,000, with a median of $1,000; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$7.2M
Grants
49
Total Given
$422K
Oro Y Plata Foundation
Kalispell, MT
Oro y Plata Foundation supports effective Montana nonprofits that help people build their skills and capacities, with a limited share of funding available outside Montana. Its 2024 grants ranged from $1,000 to $86,000, with a median of $25,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.6M
Grants
84
Total Given
$1.8M
Treacy Foundation
Helena, MT
The Treacy Foundation supports nonprofits, primarily for capital campaigns, capital improvements, and maintenance, and provides college scholarships to eligible Montana and Idaho students. Its 2025 grants ranged from $1,500 to $102,500, with a median of $15,000; it is based in Helena, Montana, and supports organizations in its community. Applicants may submit a one-page letter of intent, after which the foundation decides whether to invite a full application.
Assets
$43.7M
Grants
103
Total Given
$2.4M
NW Childrens Foundation
Seattle, WA
NW Children’s Foundation funds prevention, early intervention, and treatment programs addressing child abuse, neglect, and trauma, including services for children in foster care and families experiencing homelessness or domestic violence. It focuses on children, youth through age 24, and families in Western Washington; grants are typically $5,000–$20,000. It accepts unsolicited requests through a Letter of Inquiry, with selected applicants invited to submit a full application.
Assets
$1.8M
Grants
63
Total Given
$799K
More similar funders
More Funders in Montana
Cite this profile
Grantable. (2026). Cobb Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/cobb-foundation-morg_4decd0ceae984b5db66a7d2688a86b11
BibTeX
@misc{grantable_816009358_2026,
author = {{Grantable}},
title = {{Cobb Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/cobb-foundation-morg_4decd0ceae984b5db66a7d2688a86b11},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Cobb Foundation'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.
Cobb Foundation down — hundreds of funders to go?