Frank a Morbeck Community Foundation

WALLACE, ID EIN: 82-0509175

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.1M

+6.6% YoY

Annual Giving

$146K

-3.5% YoY

Grant Count

31

+24.0% YoY

Avg Grant Size

$5K

-22.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$93K$186K$279K$372K20202021202220232024
Metric202420232022
Total Assets$3,083,752$2,893,180$2,953,226
Revenue$337,942$127,657$105,927
Expenses$182,097$187,703$182,699
Qualifying Distributions$151,142$155,683$159,729
Net Investment Income$306,987$106,237$83,557
Distributable Amount$163,100$150,795$151,801

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$82K$123K$164K32 grants202037 grants202124 grants202225 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WALLACE SCHOOL DISTRICT$32KUNIVERSITY OF IDAHO$22KLEWIS CLARK STATE COLLEGE$13KWALLACE ELKS LODGE 331$11KBOISE STATE UNIVERSITY$9KWALLACE FOOD BANK$8KMONTANA STATE UNIVERSITY$7KNORTH IDAHO COLLEGE$7KWALLACE CHAMBER OF COMME…$6KCITY OF WALLACE$6K

Grant Size Distribution

149 grants across all recorded years

149<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Frank a Morbeck Community Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JULIE MAGNUSONSECRETARY/TREAS$5KMICHAEL BRANSTETTERPresident$100DICK VESTERVice President$100MARILYN WHITEDirector$100CHRIS LUNDDirector$100KATHY ZANETTIDirector$100BILL MOONEYDirector$100JENNIFFER CARRICODirector$50

From 2024 filing

NameTitleHoursCompensation
MICHAEL BRANSTETTERPresident1$100
DICK VESTERVice President1$100
JULIE MAGNUSONSECRETARY/TREAS2$5,000
JENNIFFER CARRICODirector1$50
MARILYN WHITEDirector1$100
CHRIS LUNDDirector1$100
KATHY ZANETTIDirector1$100
BILL MOONEYDirector1$100

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

9states
+1 more states

Cities

Alamo HeightsBillingsBoiseBozemanButteCaldwellCharles TownCheneyChula VistaCoeur DaleneHelenaKelloggKirklandLewistonMequonMissoulaMoscowOsburnPocatelloPortland

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

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