Frost Foundation Inc

DULUTH, GA EIN: 31-1494564

Frost Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.2M in total assets. In 2025, it awarded 4 grants totaling $250K. Net investment income was $166K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.2M

-2.1% YoY

Annual Giving

$250K

+0.0% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$63K

-50.0% YoY

About Frost Foundation Inc

Based on IRS filings

Frost Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.2M in total assets. In 2025, it awarded 4 grants totaling $250K. Net investment income was $166K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BooneCummingDahlonegaEast HanoverFlowery BranchGainesvilleMemphisSeviervilleStone Mountain

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$941K$2M$3M$4M20212022202320242025
Metric202520242023
Total Assets$4,150,558$4,238,477$4,489,328
Revenue$223,822$57,886$3,420,359
Expenses$311,741$308,891$300,978
Qualifying Distributions$253,551$252,622$254,907
Net Investment Income$166,286$44,378$53,523
Distributable Amount$260,442$241,611$195,513

Giving Over Time

Total grant dollars and number of grants per year

$0$83K$167K$250K$333K5 grants20213 grants202223 grants20232 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

FIRST BAPTIST CHURCH GAI…$175KNORTH GA COMMUNITY FOUND…$50KSMOKE RISE BAPTIST CHURCH$15KSAMARITAN'S PURSE$10K

Grant Size Distribution

37 grants across all recorded years

28<$50K5$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
JANICE FROSTCEO
THOMAS RAINESCFO & SECRETARY

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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