Lincoln & Elizabeth Frost Scholarship Fund

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 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 7 grants totaling $8K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$232K

+5.2% YoY

Annual Giving

$8K

+85.7% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$1K

+32.7% YoY

Under IRS private-foundation payout rules, Lincoln & Elizabeth Frost Scholarship Fund reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Lincoln & Elizabeth Frost Scholarship Fund

Based on IRS filings

Lincoln & Elizabeth Frost Scholarship Fund is a private foundation focused on Education, based in MELBOURNE BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 7 grants totaling $8K. Net investment income was $19K.

Focus Areas

Ready to take the next step with Lincoln & Elizabeth Frost Scholarship Fund?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CocoaColumbusDelandFort MyersFt MyersJacksonvilleOrlandoPensacolaPort HuronTallahassee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$11K$16K$21K20202021202220232024
Metric202420232022
Total Assets$231,862$220,378$216,580
Revenue$19,516$10,301$7,395
Expenses$8,032$6,503$6,850
Qualifying Distributions$8,032$6,503$850
Net Investment Income$19,284$7,998$6,546
Distributable Amount$13,190$11,312

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K2 grants20205 grants20216 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Florida State University$2KUniversity of North Flor…$2KColumbus State University$1KEastern Florida State Co…$1KUniverstiy of West Florida$1KEastern Florida State Co…$1KStetson University$600

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Florida State University ($1,600), University of North Florida ($1,600), Columbus State University ($1,000).

RecipientPurposeAmount
Stetson University Deland, FLGianna Niemeier Scholarship-Spring 2024$600
Columbus State University Columbus, GAGianna Niemeier Scholarship-Fall 2024-graduate program$1,000
Florida State University Tallahassee, FLKeaton Laurendine Scholarship-Spring/Fall 2024$1,600
University of North Florida Jacksonville, FLTyler Broome Scholarship-Spring/Fall 2024$1,600
Eastern Florida State College Cocoa, FLThomas Ribnicky Scholarship-Fall 2024$1,000
Universtiy of West Florida Pensacola, FLSkylar Pate Scholarship-Fall 2024$1,000
Eastern Florida State College Cocoa, FLHannah Shorthouse Scholarship-Fall 2024$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
John IngwersenTrustee1
Tamara IngwersenTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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 2024.

How large is Lincoln & Elizabeth Frost Scholarship Fund?

As of 2024, Lincoln & Elizabeth Frost Scholarship Fund holds $232K in total assets with $20K in annual revenue. It awarded 7 grants totaling $8K in 2024.

Where does Lincoln & Elizabeth Frost Scholarship Fund operate?

Lincoln & Elizabeth Frost Scholarship Fund has awarded grants in Florida, Georgia, Michigan.

What size grants does Lincoln & Elizabeth Frost Scholarship Fund award?

In 2024, Lincoln & Elizabeth Frost Scholarship Fund awarded 7 grants totaling $8K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Lincoln & Elizabeth Frost Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lincoln & Elizabeth Frost Scholarship Fund reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

Explore Open Grants

Browse active grant opportunities in Lincoln & Elizabeth Frost Scholarship Fund's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

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

What could you do with Lincoln & Elizabeth Frost Scholarship Fund on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities