Jack and Charlotte Frost
The Jack and Charlotte Frost Family Foundation is a private independent foundation based in Signal Mountain, Tennessee. The foundation was granted tax-exempt status in April 2021 and operates as a grantmaking organization focused on supporting educational, philanthropic, and human services initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45.2M
-2.8% YoY
Annual Giving
$3.0M
+33.4% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$120K
+33.4% YoY
Under IRS private-foundation payout rules, Jack and Charlotte Frost reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary program is grantmaking. Its funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Tennessee, Virginia, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $45,181,171
- Total Annual Giving: $3,010,000
- EIN: 81-4553310
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $45,181,171 | $46,460,275 | $47,093,864 |
| Revenue | $1,762,717 | $1,713,495 | $2,943,342 |
| Expenses | $3,041,821 | $2,343,084 | $2,709,941 |
| Qualifying Distributions | $3,015,801 | $2,276,295 | $2,709,941 |
| Net Investment Income | $1,762,717 | $1,713,495 | $2,943,342 |
| Distributable Amount | $2,850,866 | $2,454,724 | $2,535,784 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Generosity Trust ($1,010,000), University of Tennessee at Chattanooga Foundation ($300,000), Bethel Bible Village ($275,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AA NEW YORK, NY | PROGRAM SUPPORT | $5,000 |
| ADULT AND TEEN CHALLENGE CHATTANOOGA, TN | PROGRAM SUPPORT | $100,000 |
| BETHEL BIBLE VILLAGE HIXSON, TN | PROGRAM SUPPORT | $275,000 |
| BIBLE IN THE SCHOOLS CHATTANOOGA, TN | PROGRAM SUPPORT | $100,000 |
| CHAMBLISS CENTER FOR CHILDREN CHATTANOOGA, TN | PROGRAM SUPPORT | $100,000 |
| CHOICES CHATTANOOGA, TN | PROGRAM SUPPORT | $75,000 |
| HABITAT FOR HUMANITY OF GREATER CHATTANOOGA CHATTANOOGA, TN | PROGRAM SUPPORT | $75,000 |
| HAITI OUTREACH MINISTRIES MECHANICSVILLE, VA | PROGRAM SUPPORT | $30,000 |
| HOPE FOR THE INNER CITY CHATTANOOGA, TN | PROGRAM SUPPORT | $10,000 |
| NATIONAL MEMORIAL FOR THE UNBORN CHATTANOOGA, TN | PROGRAM SUPPORT | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is connected to the Frost family, with Jack Frost identified as a University of Chattanooga graduate and family patriarch. Family members involved in the foundation's work include Steve Frost, Lisa Frost, Jonathan Frost, Susan Frost Bishop, Amy Frost Haddock, and their respective spouses and children.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE FROST | PRESIDENT | 1 | — |
| AMY HADDOCK | SECRETARY/TREASURER | 8 | — |
| LISA S FROST | DIRECTOR | 8 | — |
Contact Information
- Address: PO Box 310, Signal Mountain, TN 37377-0310
- Telephone: 423-313-2296
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Jack and Charlotte Frost fund?
The foundation's primary program is grantmaking. Its funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Jack and Charlotte Frost?
**Grant Amounts:** Typical awards range from $5,000 to $1,010,000. **Recent Activity:** The foundation distributed $3,010,000 in total giving according to the most recent IRS Form 990 filing (2024). **Notable Grants:** • $1.5 million gift to the University of Tennessee at Chattanooga to establish the Frost Family Investment Fund, which supports the Veterans Entrepreneurship Alumni Program, provides skills and support for startup businesses in underserved areas, and creates undergraduate scholar…
Where does Jack and Charlotte Frost make grants?
The foundation primarily funds organizations in Tennessee, Virginia, and New York.
What size grants does Jack and Charlotte Frost award?
In 2024, Jack and Charlotte Frost awarded 25 grants totaling $3.0M — an average of about $120K per grant, based on its IRS Form 990 filings.
How much is Jack and Charlotte Frost required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jack and Charlotte Frost reported a distributable amount of $2.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jack and Charlotte Frost's EIN?
Jack and Charlotte Frost's EIN (Employer Identification Number) is 81-4553310. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jack and Charlotte Frost's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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