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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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