The Idaho State Capitol

Form 990-PFTax year 2025EIN 82-0509175

Frank A Morbeck Community Foundation

A private foundation in Wallace, ID. Its return for tax year 2025 lists 40 grants and $204,033 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact person
On file
Phone
On file
Mailing address
On file
Form and materials
On file
Deadlines
March 1
Restrictions
Restricted to organizations in or benefiting the city of wallace, idaho

Contact person, phone, mailing address and application materials on file. See them with a plan.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $204,033

    Grants listed
    40
    Assets, end of year
    $3,112,621
  • Tax year 2024

    $146,355

    Grants listed
    31
    Assets, end of year
    $3,083,752
  • Tax year 2023

    $151,590

    Grants listed
    25
    Assets, end of year
    $2,893,180
  • Tax year 2022

    $155,300

    Grants listed
    24
    Assets, end of year
    $2,953,226
  • Tax year 2021

    $163,645

    Grants listed
    37
    Assets, end of year
    $3,030,495
  • Tax year 2020

    $150,392

    Grants listed
    32
    Assets, end of year
    $3,022,184
  • Tax year 2019

    $108,199

    Grants listed
    28
    Assets, end of year
    $3,263,546
  • Tax year 2018

    $166,460

    Grants listed
    30
    Assets, end of year
    $3,150,630

Grants paid in 2025

40 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. University of IdahoMoscow, ID

    Scholarships

    $48,821
  2. Wallace School DistrictWallace, ID

    Educational support and equipment

    $34,000
  3. Lewis Clark State CollegeLewiston, ID

    Scholarships

    $27,998
  4. Wallace Elks Lodge 331Wallace, ID

    Maintenance

    $15,000
  5. Yakima Valley CollegeYakima, WA

    Scholarship

    $7,862
  6. Boise State UniversityBoise, ID

    Scholarships

    $5,712
  7. Wallace Chamber of CommerceWallace, ID

    Visitor center maintenance

    $4,800
  8. Montana State UniversityBozeman, MT

    Scholarships

    $4,556
  9. Idaho State UniversityPocatello, ID

    Scholarship

    $4,506
  10. Wallace Food BankWallace, ID

    Food for the needy

    $4,000
  11. Silver Valley Youth Sports IncOsburn, ID

    Youth sports

    $4,000
  12. North Idaho CollegeCoeur Dalene, ID

    Scholarships

    $3,460
  13. Ski Wallace IncWallace, ID

    Community activities

    $3,000
  14. Emerson CollegeBoston, MA

    Scholarship

    $2,656
  15. Walla Walla Community CollegeWalla Walla, WA

    Scholarship

    $2,656
  16. City of WallaceWallace, ID

    Swimming pool operations

    $2,500
  17. Individual

    Community support

    $2,500
  18. Individual

    Education

    $2,000
  19. Missoula Childrens TheaterMissoula, MT

    Arts

    $2,000
  20. Slippery Gulch AssociationWallace, ID

    Community activities

    $2,000
  21. Concordia University WisconsinMequon, WI

    Scholarship

    $1,850
  22. Individual

    Scholarship

    $1,850
  23. University of MontanaMissoula, MT

    Scholarship

    $1,806
  24. Sixth Street MelodramaWallace, ID

    Arts

    $1,500
  25. Wallace Christmas FundSilverton, ID

    Assistance for the needy

    $1,500
  26. Wallace Flower ProjectWallace, ID

    Arts

    $1,500
  27. Shoshone County Fire Prevention CooOsburn, ID

    Fire prevention/education

    $1,500
  28. Individual

    Arts

    $1,500
  29. College of IdahoCaldwell, ID

    Scholarship

    $1,075
  30. Nine Mile Cemetery Assoc IncWallace, ID

    Cemetery maintenance

    $1,000
  31. Individual

    Museum operations

    $1,000
  32. Northern Pacific Depot FoundationWallace, ID

    Exhibit update

    $1,000
  33. Shoshone County Prosecuting AttorneWallace, ID

    Internship

    $1,000
  34. Osburn Police DepartmentOsburn, ID

    Community support

    $1,000
  35. Special Olympics IdahoNew Plymouth, ID

    Support

    $500
  36. Individual

    Support

    $500
  37. Friends of Osburn LibraryOsburn, ID

    Library support

    $300
  38. Wallace Gyro ClubWallace, ID

    Childrens carnival

    $200
  39. Southwestern CollegeChula Vista, CA

    Scholarship

    $175
  40. American Military UniversityCharles Town, WV

    Scholarship

    -$750

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education3 grants $31,72961% of the total
  2. Community development2 grants $6,30012% of the total
  3. Arts and culture2 grants $4,0008% of the total
  4. Food and agriculture1 grant $4,0008% of the total
  5. Youth development1 grant $4,0008% of the total
  6. Philanthropy and grantmaking1 grant $1,8504% of the total
  7. 1 other causes1 grant $500<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Idaho25 grants $171,872
  2. Washington2 grants $10,518
  3. Montana3 grants $8,362
  4. Massachusetts1 grant $2,656
  5. Wisconsin1 grant $1,850
  6. California1 grant $175
  7. West Virginia1 grant -$750

Officers, directors and trustees

8 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Michael BranstetterPresident Hours 1Pay $100
  • Dick VesterVice President Hours 1Pay $100
  • Julie MagnusonSECRETARY/TREAS Hours 2Pay $5,000
  • Jenniffer CarricoDirector Hours 1Pay $100
  • Marilyn WhiteDirector Hours 1Pay $100
  • Chris LundDirector Hours 1Pay $100
  • Kathy ZanettiDirector Hours 1Pay $50
  • Bill MooneyDirector Hours 1Pay $100

The return

More foundations

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Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Michael S Engl Family Foundation IncHailey, ID 16 grants Accepts applications $184,500 giving
  2. Robert & Elaine Batt Charitable TrustCaldwell, ID 8 grants Preselected only $176,000 giving
  3. Charles and Linda Corbalis Family FoundationStar, ID 21 grants Preselected only $250,100 giving
  4. The Cordeiro Family FoundationKetchum, ID 9 grants Preselected only $157,500 giving
  5. The Elizabeth M Webster & Maricich -Paen Family FoundationHailey, ID 34 grants Preselected only $274,000 giving