Frisbie Legacy Foundation

Foundation · Grantmaker Boston, MA EIN: 83-4078237

Frisbie Legacy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 10 grants totaling $70K. Net investment income was $389K.

Key facts about Frisbie Legacy Foundation

EIN
83-4078237
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$70,000
Grants made (2024)
10
Average grant
$7,000
Median grant
$5,000
New grantees (estimate)
50% first-time grantees (5 of 10, 2024)
Total assets
$1,848,553
Primary geography
Massachusetts (70% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Frisbie Legacy Foundation funds

By grant dollars, the top recipient states for Frisbie Legacy Foundation's 10 itemized 2024 grants were Massachusetts (70%), New York (14%) and Colorado (10%). The most frequent recipient cities were Boston, MA (2 grants) and Colorado Springs, CO (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Frisbie Legacy Foundation open to new grantees?

50%

first-time grantees, 2024

In 2024, 5 of 10 grantees (50%) were first-time recipients. First grants averaged $2K; repeat grants $12K. How we count

Medians: $2K first-time, $10K repeat.

  • 40% of 2024 grantees were also funded in 2023. Method
  • Giving grew 75% from 2021 to 2024. Method
  • In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

+33.8% YoY

Annual Giving

$70K

-30.0% YoY

Grant Count

10

-16.7% YoY

Avg Grant Size

$7K

-16.0% YoY

Under IRS private-foundation payout rules, Frisbie Legacy Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.

About Frisbie Legacy Foundation

Based on IRS filings

Frisbie Legacy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 10 grants totaling $70K. Net investment income was $389K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 10 itemized 2024 grant dollars.

Cities

BostonRoxburySomervilleWestonColorado SpringsNew YorkWashingtonAshevilleAugustaBerwynDoralPalo Alto

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$340K$680K$1M$1M20202021202220232024
Metric202420232022
Total Assets$1,848,553$1,382,072$1,401,739
Revenue$409,922$-501,732$105,024
Expenses$80,442$111,049$97,909
Qualifying Distributions$74,258$103,920$87,000
Net Investment Income$388,992$12,719$123,431
Distributable Amount$79,883$72,465$72,874

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$25K$50K$75K$100K5 grants20205 grants20214 grants202212 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Massachusetts General Hospital: $24KMassachusetts General Hospital$24KFamilyaid Boston Inc: $10KFamilyaid Boston Inc$10KHorizons for Homeless Children: $10KHorizons for Homeless Children$10KRoom to Grow National Inc: $10KRoom to Grow National Inc$10KThe Arc Pikes Peak Region: $5KThe Arc Pikes Peak Region$5KHome for Little Wanderers: $5KHome for Little Wanderers$5KWhite Men for Racial Justice: $2KWhite Men for Racial Justice$2KCitizens Project: $2KCitizens Project$2KGolden Harvest Food Bank: $1KGolden Harvest Food Bank$1KBeloved Asheville: $1KBeloved Asheville$1K

Grant Size Distribution

36 grants across all recorded years

35<$50K1$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 Massachusetts General Hospital ($24,000), Familyaid Boston Inc ($10,000), Horizons for Homeless Children ($10,000).

RecipientPurposeAmount
MASSACHUSETTS GENERAL HOSPITAL Somerville, MAGENERAL SUPPORT$24,000
FAMILYAID BOSTON INC Boston, MAGENERAL SUPPORT$10,000
HORIZONS FOR HOMELESS CHILDREN Roxbury, MAGENERAL SUPPORT$10,000
ROOM TO GROW NATIONAL INC New York, NYGENERAL SUPPORT$10,000
THE ARC PIKES PEAK REGION Colorado Springs, COGENERAL SUPPORT$5,000
HOME FOR LITTLE WANDERERS Boston, MAGENERAL SUPPORT$5,000
WHITE MEN FOR RACIAL JUSTICE Berwyn, PAGENERAL SUPPORT$2,000
CITIZENS PROJECT Colorado Springs, COGENERAL SUPPORT$2,000
GOLDEN HARVEST FOOD BANK Augusta, GAGENERAL SUPPORT$1,000
BELOVED ASHEVILLE Asheville, NCGENERAL SUPPORT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Elizabeth Matteini Co BgaTrustee1—
Emily Barker Co BgaTrustee1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Frisbie Legacy Foundation?

Frisbie Legacy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. It holds $1.8M in total assets as of 2024.

How large is Frisbie Legacy Foundation?

As of 2024, Frisbie Legacy Foundation holds $1.8M in total assets with $410K in annual revenue. It awarded 10 grants totaling $70K in 2024.

Where does Frisbie Legacy Foundation operate?

Frisbie Legacy Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Georgia, Massachusetts, North Carolina, New York, Pennsylvania.

What size grants does Frisbie Legacy Foundation award?

In 2024, Frisbie Legacy Foundation awarded 10 grants totaling $70K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Frisbie Legacy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frisbie Legacy Foundation reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frisbie Legacy Foundation's EIN?

Frisbie Legacy Foundation's EIN (Employer Identification Number) is 83-4078237. 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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