Foundation for Frostburg Inc
To support the frostburg community and its citizens to provide a way for families and friends to give back to the community.
Foundation for Frostburg Inc at a glance
In short: Foundation for Frostburg Inc gave $6K across 1 grant in 2025 (avg $6K), mostly in Maryland. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $6,000
- -93.4% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $6,000
- -86.9% vs 2024
- Median grant
- $6,000
- Total assets
- $1,213,519
- +18.3% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Foundation for Frostburg Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was FSU Foundation Inc ($6K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Foundation for Frostburg Inc gives
- Giving fell 91% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6K (2025) to $101K (2020). In 2025 it made 1 grant totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FSU Foundation Inc Frostburg, MD | Scholarships | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,213,519 | $251,073 | $63,215 | $6,000 | 1 | $93,208 |
| 2024 | $1,025,661 | $308,345 | $187,074 | $91,480 | 2 | $67,583 |
| 2023 | $904,390 | $334,703 | $150,137 | $48,061 | 1 | $53,943 |
| 2022 | $719,825 | $114,928 | $80,602 | $66,516 | 1 | $-44,576 |
| 2021 | $685,499 | $179,544 | $118,529 | $93,538 | 1 | $39,393 |
| 2020 | $624,484 | $236,314 | $124,315 | $101,234 | 1 | $33,219 |
About Foundation for Frostburg Inc
Based on IRS filings
Foundation for Frostburg Inc is a public charity focused on Recreation & Sports, based in Frostburg, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $6K. Net investment income was $93K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Foundation for Frostburg Inc is led by Renee Bone, President since 2024 (on filings since 2022); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Renee Bone
President
Vice President → President, 2024
On filings since 2022
No compensation reported
Barbara Armstrong
Assistant Treasurer
Ass't Treasurer → Assistant Treasurer, 2024
On filings since 2020
No compensation reported
Randy Olsen
Vice President
On filings since 2024
No compensation reported
Elizabeth Stahlman
Secretary
New on the 2025 filing
No compensation reported
Lynn Ketterman
Treasurer
New on the 2025 filing
No compensation reported
Former officers (7)
- Former: Darla Plummer (2020–2024) — Treasurer
- Former: Deirdre Robertson (2024) — Secretary
- Former: Jean George (2022–2023) — Secretary
- Former: Joe Williams (2022–2023) — President
- Former: Kristin Kehrwald (2020–2021) — Secretary
- Former: Peggy Kealy (2020–2021) — Vice President
- Former: Vicky Wiseman (2020–2021) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Foundation for Frostburg Inc
How much does Foundation for Frostburg Inc give each year?
Foundation for Frostburg Inc gave $6K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $91K across 2 grants.
How large is Foundation for Frostburg Inc?
Foundation for Frostburg Inc reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $251K.
What is Foundation for Frostburg Inc?
Foundation for Frostburg Inc is a public charity focused on Recreation & Sports, based in Frostburg, MD. It holds $1.2M in total assets as of 2025.
Where does Foundation for Frostburg Inc operate?
Foundation for Frostburg Inc has awarded grants in Maryland.
What is Foundation for Frostburg Inc's EIN?
Foundation for Frostburg Inc's EIN (Employer Identification Number) is 52-1915632. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 20, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 4, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
Live grants for the work Foundation for Frostburg Inc funds
Recreation & Sports Open opportunities, soonest deadline first.
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Browse active grant opportunities in Foundation for Frostburg Inc's focus areas in our free grants database
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Figures come from Foundation for Frostburg Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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