TO FOSTER, ENCOURAGE, AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF FROSTBURG STATE UNIVERSITY THROUGH ADVOCACY, FUNDRAISING, INVESTMENT MANAGEMENT AND STEWARDSHIP.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$53.3M
+13.5% YoY
Annual Giving
$639K
-33.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$639K
-33.3% YoY
About Frostburg State University Foundat
Based on IRS filings
Frostburg State University Foundat is a nonprofit organization focused on Education, based in FROSTBURG, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $53.3M in total assets. In 2025, it awarded 1 grants totaling $639K. Net investment income was $4.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $53,337,822 | $46,976,820 | $42,609,827 |
| Revenue | $10,492,987 | $6,673,393 | $4,127,244 |
| Expenses | $3,502,798 | $3,887,342 | $3,861,874 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,605,756 | $2,157,525 | $1,374,863 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Frostburg State University ($638,760).
| Recipient | Purpose | Amount |
|---|---|---|
| FROSTBURG STATE UNIVERSITY FROSTBURG, MD | EDUCATIONAL ASSISTAN | $638,760 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN T SHORT JR | EXECUTIVE DI | 40 | $3,130 |
| SANDRA D ADAMS | IMMEDIATE PA | 2 | — |
| STEPHEN L BEAUREGARD | BOARD OF DIR | 2 | — |
| MAUREEN BREWER | BOARD OF DIR | 2 | — |
| LISA V BYRD | BOARD OF DIR | 2 | — |
| THOMAS CREAMER | BOARD OF DIR | 2 | — |
| ROSEMARY F FAGLER | BOARD OF DIR | 2 | — |
| GLADYS W FAHERTY | AT LARGE | 2 | — |
| RONALD G FORRESTER | BOARD OF DIR | 2 | — |
| PATRICK FRIEL | PRESIDENT | 10 | — |
| DONALD C FRY | BOARD OF DIR | 2 | — |
| GREGORY GETTY | ASSISTANT TR | 10 | — |
| MATTHEW GILMORE | AT LARGE | 2 | — |
| STEVEN N GLASBRENNER | BOARD OF DIR | 2 | — |
| TIMI M HADRA | VICE PRESIDE | 10 | — |
| ROBYN HAGER-SINE | BOARD OF DIR | 2 | — |
| ZACHARY T HEETER | BOARD OF DIR | 2 | — |
| DIANE HURD | BOARD OF DIR | 2 | — |
| KENNETH R COFFEY II | BOARD OF DIR | 2 | — |
| RAYMOND NELSON JR | BOARD OF DIR | 2 | — |
| JOSEPH W LAMBERT | BOARD OF DIR | 2 | — |
| A LESLIE LUDWIG | AT LARGE | 2 | — |
| KRISTOFER T LYON | BOARD OF DIR | 2 | — |
| ALFRED E MARTIN | BOARD OF DIR | 2 | — |
| ESTELLE MARTIN | BOARD OF DIR | 2 | — |
| JESSICA L MASSER | BOARD OF DIR | 2 | — |
| LAWRENCE MCKENZIE | TREASURER | 10 | — |
| MICHELE LM MUTSCHLER | BOARD OF DIR | 2 | — |
| DR BENJAMIN N NORRIS | BOARD OF DIR | 2 | — |
| ELIZABETH RHODES | SECRETARY | 10 | — |
| J STOKES | BOARD OF DIR | 2 | — |
| JASON SWEITZER | BOARD OF DIR | 2 | — |
| KATHRYN K WILLIAMS | BOARD OF DIR | 2 | — |
| ANTHONY P ZOOK | BOARD OF DIR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frostburg State University Foundat?
Frostburg State University Foundat is a nonprofit organization focused on Education, based in FROSTBURG, MD. It holds $53.3M in total assets as of 2025.
How large is Frostburg State University Foundat?
As of 2025, Frostburg State University Foundat holds $53.3M in total assets with $10.5M in annual revenue. It awarded 1 grants totaling $639K in 2025.
Where does Frostburg State University Foundat operate?
Frostburg State University Foundat has awarded grants in Maryland.
What size grants does Frostburg State University Foundat award?
In 2025, Frostburg State University Foundat awarded 1 grants totaling $639K — an average of about $639K per grant, based on its IRS Form 990 filings.
What is Frostburg State University Foundat's EIN?
Frostburg State University Foundat's EIN (Employer Identification Number) is 23-7120883. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Frostburg State University Foundat's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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