Nonprofit · EIN 87-3826014
FRISBIE FOUNDATION INC
Tax-exempt · PALM BEACH, FL 33480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,174,096 | $240,898 | $2,933,198 | $1,636,615 | $0 | $1,636,615 |
| December 31, 2023 | 990-PF | $208,606 | $2,624 | $205,982 | $214,105 | $2,625 | $211,480 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,044,421
- Dividends
- $19,884
- Interest
- $64
- Net gain from sales of assets
- $1,109,727
Expenses
- Grants and similar amounts paid
- $200,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $239,179
- Excise tax on investment income
- $15,701
Balance sheet and other
- Total assets, start of year
- $214,105
- Total assets, end of year
- $1,636,615
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,636,615
- Fair market value of assets
- $2,054,321
- Qualifying distributions
- $239,179
- Net investment income
- $1,129,675
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAELA FACCHINEI 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR/SECRETARY | 1 | $0 |
| DAVID W FRISBIE 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR/PRESIDENT/TREASURER | 1 | $0 |
| KATIE CROWELL 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR | 1 | $0 |
| ASHLEY FRISBIE 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR | 1 | $0 |
| FRANCES FRISBIE 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAELA FACCHINEI 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR/SECRETARY | 0 | $0 |
| DAVID W FRISBIE 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR/PRESIDENT/TREASURER | 0 | $0 |
| KATIE CROWELL 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR | 0 | $0 |
| ASHLEY FRISBIE 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR | 0 | $0 |
| FRANCES FRISBIE 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 221 ROYAL POINCIANA WAY STE 1, PALM BEACH, FL 33480-4001
- In care of
- % DAVID W FRISBIE
- Signed the 990-PF
- DAVID FRISBIE, PRESIDENT
- Phone
- (561) 650-0551
- Return prepared by
- BDO USA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-3826014
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $1,636,615
- Income (IRS master file)
- $3,726,170
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,174,096 | $240,898 | $1,636,615 | XML |
| 990-PF | December 2023 | $208,606 | $2,624 | $214,105 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3826014).
Questions about FRISBIE FOUNDATION INC
- What is the EIN of FRISBIE FOUNDATION INC?
- The employer identification number (EIN) of FRISBIE FOUNDATION INC is 87-3826014.
- Is FRISBIE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FRISBIE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FRISBIE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FRISBIE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRISBIE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of FRISBIE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does FRISBIE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,174,096, expenses of $240,898 and total assets of $1,636,615 at year end.
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All nonprofits in PALM BEACH · Florida · Public and societal benefit