Frostburg State University Foundat
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
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
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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
No grants recorded for .
Who else does Frostburg State University Foundat fund?
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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