Frisbie Morbella Foundation
Frisbie Morbella Foundation is a private foundation focused on Human Services, based in Thompson Falls, MT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 4 grants totaling $13K. Net investment income was $58K.
Frisbie Morbella Foundation at a glance
In short: Frisbie Morbella Foundation gave $13K across 4 grants in 2025 (avg $3K), mostly in Montana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $12,670
- -72.8% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $3,168
- -66.0% vs 2024
- Median grant
- $2,110
- Total assets
- $1,471,745
- +3.1% vs 2024
- Primary geography
- Montana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Frisbie Morbella Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Clark Fork Valley Hospital Foundation ($7K). Together the top 4 received $13K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 25 grants of 26 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Frisbie Morbella Foundation gives
- Giving fell 90% from 2022 to 2025. Method
- In 2025 it paid out 19% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $3K (2023) to $126K (2022). In 2025 it made 4 grants totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Clark Fork Valley Hospital Foundation Plains, MT | Community Support | $7,250 |
| Flat Iron Quilting Guils Thompson Falls, MT | Community Support | $2,500 |
| Thompson Falls School District #2 Thompson Falls, MT | Online REFLEX Program | $1,720 |
| Sanders County Historical Society Thompson Falls, MT | Community Support | $1,200 |
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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 | $1,471,745 | $58,755 | $13,719 | $12,670 | 4 | $13,245 | $58,281 | $70,733 |
| 2024 | $1,427,661 | $69,343 | $48,270 | $46,630 | 5 | $46,630 | $68,303 | $69,464 |
| 2023 | $1,406,588 | $37,098 | $3,872 | $3,000 | 2 | $3,000 | $37,051 | $68,053 |
| 2022 | $1,373,362 | $3,455 | $126,939 | $126,044 | 10 | $126,769 | $3,385 | $73,224 |
| 2021 | $1,496,846 | $5,367 | $25,398 | $24,151 | 5 | $25,076 | $5,045 | $74,260 |
| 2020 | $1,516,877 | $16,156 | $103,262 | $101,710 | 10 | — | $15,704 | $77,274 |
| 2019 | $1,603,983 | $17,867 | $55,138 | $53,777 | 10 | — | $17,606 | $78,644 |
Under IRS private-foundation payout rules, Frisbie Morbella Foundation reported a distributable amount of $71K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Frisbie Morbella Foundation is led by Michael Baxter, President & Director since 2021 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Baxter
President & Director
Vice President & Director → President & Director, 2021
On filings since 2019
No compensation reported
Kate Baxter
Secretary & Treasurer
On filings since 2019
No compensation reported
Former officers (1)
- Former: Robert Baxter (2019–2020) — President & Director
Data from IRS Form 990 filings, 2019–2025. "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 Frisbie Morbella Foundation
How much does Frisbie Morbella Foundation give each year?
Frisbie Morbella Foundation gave $13K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $47K across 5 grants.
What is Frisbie Morbella Foundation's typical grant size?
Frisbie Morbella Foundation's median grant in 2025 was $2,110, and its average grant was $3,168, across 4 grants on its 2025 IRS Form 990-PF.
Where does Frisbie Morbella Foundation give grants?
Frisbie Morbella Foundation gives mostly in Montana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Thompson Falls, MT (3 grants).
Does Frisbie Morbella Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Frisbie Morbella Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Support" (3 grants).
How large is Frisbie Morbella Foundation?
Frisbie Morbella Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $71K (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 is Frisbie Morbella Foundation?
Frisbie Morbella Foundation is a private foundation focused on Human Services, based in Thompson Falls, MT. It holds $1.5M in total assets as of 2025.
What is Frisbie Morbella Foundation's EIN?
Frisbie Morbella Foundation's EIN (Employer Identification Number) is 26-2448409. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 27, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 12, 2026)
- IRS filings on file for fiscal years 2019–2025
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