Lincoln & Elizabeth Frost Scholarship Fund

Private foundation · Grantmaker Melbourne Beach, FL EIN: 59-3510429

Lincoln & Elizabeth Frost Scholarship Fund is a private foundation focused on Education, based in Melbourne Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $232K in total assets. In 2025, it awarded 3 grants totaling $4K. Net investment income was $7K.

Key facts about Lincoln & Elizabeth Frost Scholarship Fund

In short: Lincoln & Elizabeth Frost Scholarship Fund gave $4K across 3 grants in 2025 (avg $1K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
59-3510429
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$4,000
Grants made (2025)
3
Average grant
$1,333
Median grant
$1,000
Total assets
$231,646
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$232K

-0.1% YoY

Annual Giving

$4K

-48.7% YoY

Grant Count

3

-57.1% YoY

Avg Grant Size

$1K

+19.7% YoY

Under IRS private-foundation payout rules, Lincoln & Elizabeth Frost Scholarship Fund reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.

How Lincoln & Elizabeth Frost Scholarship Fund gives

  • Giving fell 33% from 2022 to 2025. Method
  • In 2025 it paid out 28% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

OrlandoJacksonvilleTallahasseeDelandPensacolaCocoaColumbusMississippi StateFort MyersPort Huron

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K3 grants2019 2 grants2020 5 grants2021 6 grants2022 5 grants2023 7 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $2K (2019) to $8K (2024). In 2025 it made 3 grants totaling $4K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

University of West Florida: $2KUniversity of West Florida$2KEastern Florida State College: $1KEastern Florida State College$1KUniversity of Central FL: $1KUniversity of Central FL$1K

The largest 2025 recipient was University of West Florida ($2K). Together the top 3 received $4K.

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 26 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of West Florida Pensacola, FLgrant for Skylar Pate Matlack fall 25/S26$2,000
Eastern Florida State College Cocoa, FLgrant for Thomas Ribnicky spring 2025$1,000
University of Central FL Orlando, FLgrant for Alex Pate F25$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$231,646$231,862$220,378
Revenue$7,708$19,516$10,301
Expenses$4,925$8,032$6,503
Qualifying Distributions$4,925$8,032$6,503
Net Investment Income$6,783$19,284$7,998
Distributable Amount$17,289$13,190$11,312

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 6, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 17, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 2, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 5, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 25, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 12, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 29, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Lincoln & Elizabeth Frost Scholarship Fund's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Tamara Ingwersen

    Trustee

    On filings since 2019

    1 hr/week

    $800 (2019) → $0 (2025)

  • John Ingwersen

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Tamara Ingwersen — Trustee: $850Tamara IngwersenTrustee$850

The highest reported compensation on the 2022 filing was $850, to Tamara Ingwersen (Trustee).

Frequently asked questions about Lincoln & Elizabeth Frost Scholarship Fund

How much does Lincoln & Elizabeth Frost Scholarship Fund give each year?

Lincoln & Elizabeth Frost Scholarship Fund gave $4K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 7 grants.

What is Lincoln & Elizabeth Frost Scholarship Fund's typical grant size?

Lincoln & Elizabeth Frost Scholarship Fund's median grant in 2025 was $1,000, and its average grant was $1,333, across 3 grants on its 2025 IRS Form 990-PF.

Where does Lincoln & Elizabeth Frost Scholarship Fund give grants?

Lincoln & Elizabeth Frost Scholarship Fund gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Lincoln & Elizabeth Frost Scholarship Fund give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Lincoln & Elizabeth Frost Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support.

How large is Lincoln & Elizabeth Frost Scholarship Fund?

Lincoln & Elizabeth Frost Scholarship Fund reported $232K in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Lincoln & Elizabeth Frost Scholarship Fund?

Lincoln & Elizabeth Frost Scholarship Fund is a private foundation focused on Education, based in Melbourne Beach, FL. It holds $232K in total assets as of 2025.

What is Lincoln & Elizabeth Frost Scholarship Fund's EIN?

Lincoln & Elizabeth Frost Scholarship Fund's EIN (Employer Identification Number) is 59-3510429. IRS Form 990 filing data is available on this page for 2019–2025.

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

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