Marselius & Verna LS Rolfson Charitable Tr
Marselius & Verna LS Rolfson Charitable Tr is a private foundation focused on Philanthropy, based in Billings, MT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $61K in total assets. In 2025, it awarded 1 grant totaling $2K. Net investment income was $1K.
Marselius & Verna LS Rolfson Charitable Tr at a glance
In short: Marselius & Verna LS Rolfson Charitable Tr gave $2K across 1 grant in 2025 (avg $2K), mostly in Montana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,000
- -33.3% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,000
- -33.3% vs 2024
- Median grant
- $2,000
- Total assets
- $60,574
- -4.5% 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 Marselius & Verna LS Rolfson Charitable Tr funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was CASA of Lake and Sander County ($2K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Marselius & Verna LS Rolfson Charitable Tr gives
- In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). 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 $1K (2019) to $8K (2023). In 2025 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CASA of Lake and Sander County Polson, MT | Program Support | $2,000 |
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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 | $60,574 | $1,691 | $4,591 | $2,000 | 1 | $3,641 | $1,336 | $3,505 |
| 2024 | $63,458 | $6,694 | $5,469 | $3,000 | 1 | $4,541 | $5,876 | $3,345 |
| 2023 | $62,237 | $5,296 | $9,779 | $7,543 | 1 | $9,012 | $4,463 | $3,245 |
| 2022 | $66,741 | $151 | $2,434 | — | — | $1,436 | $1,019 | $3,534 |
| 2021 | $69,026 | $7,635 | $6,025 | $3,700 | 1 | $5,117 | $6,704 | $4,097 |
| 2020 | $67,423 | $2,237 | $4,652 | $2,389 | 1 | — | $1,427 | $3,690 |
| 2019 | $69,785 | $3,965 | $3,513 | $1,390 | 1 | — | $3,189 | $3,644 |
Under IRS private-foundation payout rules, Marselius & Verna LS Rolfson Charitable Tr reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Marselius & Verna LS Rolfson Charitable Tr's only listed officer is First Interstate Bank, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
First Interstate Bank
Trustee
On filings since 2019
1 hr/week
$963 (2019) → $1K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1K, to First Interstate Bank (Trustee).
Frequently asked questions about Marselius & Verna LS Rolfson Charitable Tr
How much does Marselius & Verna LS Rolfson Charitable Tr give each year?
Marselius & Verna LS Rolfson Charitable Tr gave $2K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 1 grant.
How large is Marselius & Verna LS Rolfson Charitable Tr?
Marselius & Verna LS Rolfson Charitable Tr reported $61K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
What is Marselius & Verna LS Rolfson Charitable Tr?
Marselius & Verna LS Rolfson Charitable Tr is a private foundation focused on Philanthropy, based in Billings, MT. It holds $61K in total assets as of 2025.
Where does Marselius & Verna LS Rolfson Charitable Tr operate?
Marselius & Verna LS Rolfson Charitable Tr has awarded grants in Montana.
What is Marselius & Verna LS Rolfson Charitable Tr's EIN?
Marselius & Verna LS Rolfson Charitable Tr's EIN (Employer Identification Number) is 81-6081306. 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
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