Also known as: FOUND INC C/O FROST ADMIN SVC INC
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Phillip And Patricia Frostphilanthropic Foundation Inc. is a private corporation based in MIAMI, FL. The foundation received its IRS ruling in 2006. The principal officer is Frost Administrative Services Inc.. It holds total assets of $12.3M. Annual income is reported at $9.1M. Total assets have grown from N/A in 2011 to $3.9M 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 2020 to 2023. According to available records, Phillip And Patricia Frostphilanthropic Foundation Inc. has made 9 grants totaling $485K, with a median grant of $10K. Annual giving has decreased from $210K in 2020 to $30K in 2022. Grantmaking activity was highest in 2021 with $245K distributed across 4 grants. Individual grants have ranged from $10K to $200K, with an average award of $54K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Florida and California and District of Columbia. Contributions to this foundation are tax-deductible.
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.
Phillip And Patricia Frostphilanthropic Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in FL, CA, DC.
Phillip And Patricia Frostphilanthropic Foundation Inc. has distributed a total of $485K across 9 grants. The median grant size is $10K, with an average of $54K. Individual grants have ranged from $10K to $200K.
Phillip And Patricia Frostphilanthropic Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Phillip And Patricia Frostphilanthropic Foundation Inc. is headquartered in MIAMI, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Phillip Frost Md | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Patricia Frost | SEC./TREAS./DIRECTOR | $0 | $0 | N/A |
| Richard Pfenniger | DIRECTOR | $0 | $0 | N/A |
Total Giving
$4.1M
Total Assets
$3.9M
Fair Market Value
$7.3M
Net Worth
$3.9M
Grants Paid
$4.1M
Contributions
N/A
Net Investment Income
$105K
Distribution Amount
$371K
Total Grants
9
Total Giving
$485K
Average Grant
$54K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Thomas UniversityEDUCATIONAL | Miami Gardens, FL | $10K | 2022 |
| Healthcare For Israel IncHEALTHCARE | Beverly Hills, CA | $10K | 2022 |
| The Hoover Institution At Leland Stanford Junior UniversityEDUCATIONAL | Stanford, CA | $10K | 2022 |
| Mount Sinai Medical Centre Foundation IncMEDICAL | Miami Beach, FL | $200K | 2021 |
| Holocaust Memorial MuseumSUPPORT MISSION | Washington, DC | $25K | 2021 |
| Hoover InstitutionEDUCATIONAL | Stanford, CA | $10K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL