The Frisbie Foundation Inc is a private foundation focused on Public, Societal Benefit, based in PALM BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 6 grants totaling $201K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+664.4% YoY
Annual Giving
$201K
Grant Count
6
Avg Grant Size
$33K
Under IRS private-foundation payout rules, The Frisbie Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About The Frisbie Foundation Inc
Based on IRS filings
The Frisbie Foundation Inc is a private foundation focused on Public, Societal Benefit, based in PALM BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 6 grants totaling $201K. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,636,615 | $214,105 | $5,498 |
| Revenue | $3,174,096 | $208,606 | $10,000 |
| Expenses | $240,898 | $2,624 | $9,502 |
| Qualifying Distributions | $239,179 | $937 | $9,502 |
| Net Investment Income | $1,129,600 | $106,954 | — |
| Distributable Amount | $1,724 | $652 | $414 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Everglades Foundation ($100,000), Town of Palm Beach United Way ($30,000), Cultural District of the Palm Beaches ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NANTUCKET COTTAGE HOSPITAL NANTUCKET, MA | to Support Charitable Purpose | $10,000 |
| COX SCIENCE CENTER WEST PALM BEACH, FL | to Support Charitable Purpose | $10,500 |
| CULTURAL DISTRICT OF THE PALM BEACHES WEST PALM BEACH, FL | to Support Charitable Purpose | $25,000 |
| EVERGLADES FOUNDATION PALMETTO BAY, FL | to Support Charitable Purpose | $100,000 |
| TOWN OF PALM BEACH UNITED WAY PALM BEACH, FL | to Support Charitable Purpose | $30,000 |
| WEST PALM GOLF COMMUNITY TRUST WEST PALM BEACH, FL | to Support Charitable Purpose | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAELA FACCHINEI | DIRECTOR/SECRETARY | 1 | — |
| DAVID W FRISBIE | DIRECTOR/PRESIDENT/TREASURER | 1 | — |
| KATIE CROWELL | DIRECTOR | 1 | — |
| ASHLEY FRISBIE | DIRECTOR | 1 | — |
| FRANCES FRISBIE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Frisbie Foundation Inc?
The Frisbie Foundation Inc is a private foundation focused on Public, Societal Benefit, based in PALM BEACH, FL. It holds $1.6M in total assets as of 2024.
How large is The Frisbie Foundation Inc?
As of 2024, The Frisbie Foundation Inc holds $1.6M in total assets with $3.2M in annual revenue. It awarded 6 grants totaling $201K in 2024.
Where does The Frisbie Foundation Inc operate?
The Frisbie Foundation Inc has awarded grants in Florida, Massachusetts.
What size grants does The Frisbie Foundation Inc award?
In 2024, The Frisbie Foundation Inc awarded 6 grants totaling $201K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is The Frisbie Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frisbie Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frisbie Foundation Inc's EIN?
The Frisbie Foundation Inc's EIN (Employer Identification Number) is 87-3826014. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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