//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Frost Foundation Inc. is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1999. The principal officer is Terrance P Baggott. It holds total assets of $1.7M. Annual income is reported at $548K. Total assets have grown from $859K in 2011 to $1.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas and California. According to available records, Frost Foundation Inc. has made 12 grants totaling $280K, with a median grant of $22K. Annual giving has grown from $51K in 2020 to $90K in 2023. Individual grants have ranged from $15K to $30K, with an average award of $23K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Texas and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$16K
Average Grant
$17K
Largest Grant
$20K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Frost Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX, CA.
Frost Foundation Inc. has distributed a total of $280K across 12 grants. The median grant size is $22K, with an average of $23K. Individual grants have ranged from $15K to $30K.
Frost Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Frost Foundation Inc. is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Scott Holman Iii | President/Director | $0 | $0 | N/A |
| William Lee | Vice President/Director | $0 | $0 | N/A |
| Roy Christian Lewis | Secretary/Treasurer/Director | $0 | $0 | N/A |
Total Giving
$109K
Total Assets
$1.7M
Fair Market Value
$2.2M
Net Worth
$1.7M
Grants Paid
$90K
Contributions
N/A
Net Investment Income
$46K
Distribution Amount
$104K
Total: $1.3M
Total Grants
12
Total Giving
$280K
Average Grant
$23K
Median Grant
$22K
Unique Recipients
5
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Out For EducationGeneral support | Houston, TX | $30K | 2023 |
| The Lgbt Community Center Of The DesertGeneral support | Palm Springs, CA | $30K | 2023 |
| Aids Foundation Houston Inc (Allies In Hope)General support | Houston, TX | $30K | 2023 |
| Aids Foundation HoustonGeneral support | Houston, TX | $30K | 2022 |
| The Lgbt Community Center Of The DeGeneral support | Palm Springs, CA | $16K | 2020 |