Pat & Tom Frost Foundation F0731600
The Pat and Tom Frost Foundation is a private foundation based in San Antonio, Texas, established in 1994. The foundation operates as a 501(c)(3) tax-exempt organization and focuses on charitable grantmaking across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.0M
-0.4% YoY
Annual Giving
$508K
+24.8% YoY
Grant Count
23
+9.5% YoY
Avg Grant Size
$22K
+14.0% YoY
Under IRS private-foundation payout rules, Pat & Tom Frost Foundation F0731600 reported a distributable amount of $585K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$20,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, Washington, and Colorado.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $10,016,028 (2024)
- Total Giving: $507,500 (2024)
- Total Revenues: $519,601 (2024)
- Total Expenses: $564,609 (2024)
- Investment Income: $393,877 (2024)
- Giving Rate: 5.1% of assets
Historical Trends:
- 2023: $10.1M in assets, $407,000 in total giving (21 grants)
- 2022: $9.9M in assets, $322,000 in total giving (13 grants)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,016,028 | $10,058,117 | $9,852,076 |
| Revenue | $519,601 | $529,108 | $3,308,063 |
| Expenses | $564,609 | $454,532 | $380,090 |
| Qualifying Distributions | $510,813 | $410,130 | $321,500 |
| Net Investment Income | $476,399 | $480,984 | $199,788 |
| Distributable Amount | $584,810 | $542,824 | $510,879 |
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
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Christ Episcopal Church ($80,000), Cibolo Center for Conservation ($50,000), Tobin Center for the Performing Arts ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRIST EPISCOPAL CHURCH SAN ANTONIO, TX | CHARITABLE GRANT | $80,000 |
| GIRLS INC SAN ANTONIO, TX | CHARITABLE GRANT | $14,000 |
| EPISCOPAL THEOLOGICAL SEMINARY AUSTIN, TX | CHARITABLE GRANT | $25,000 |
| UNIVERSITY OF TEXAS HEALTH SCIENCE SAN ANTONIO, TX | CHARITABLE GRANT | $20,000 |
| SALOC SAN ANTONIO, TX | CHARITABLE GRANT | $20,000 |
| CIBOLO CONSERVANCY BOERNE, TX | CHARITABLE GRANT | $15,000 |
| AUSTIN COMMUNITY FOUNDATION AUSTIN, TX | CHARITABLE GRANT | $25,000 |
| THE UNIVERSITY OF TEXAS AT SAN ANTONIO SAN ANTONIO, TX | CHARITABLE GRANT | $20,000 |
| ALAMO HEIGHTS SCHOOL FOUNDATION San Antonio, TX | CHARITABLE GRANT | $20,000 |
| MCNAY ART MUSEUM San Antonio, TX | CHARITABLE GRANT | $26,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is also known as "Frost Thomas C," indicating Thomas C. Frost as a key figure associated with the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD B FROST | CO-TRUSTEE | 0.25 | $1,336 |
| PATRICK B FROST | CO-TRUSTEE | 0.25 | $1,336 |
Frequently Asked Questions
What does Pat & Tom Frost Foundation F0731600 fund?
The foundation's primary funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Pat & Tom Frost Foundation F0731600?
**Grant Activity:** • Annual giving: $507,500 (2024) • Number of grants: 23 grants (2024) • Median grant size: $20,000 • Grant range: $5,000–$80,000 **Recent Grantees (2024):** • Cibolo Center for Conservation: $50,000 • Bexar County Performing Arts Center Foundation Tobin Center for the Performing Art: $50,000 • McNay Art Museum: $26,000 **Application Policy:** The foundation does not accept unsolicited applications and operates on an invite-only basis.
Where does Pat & Tom Frost Foundation F0731600 make grants?
The foundation primarily funds organizations in Texas, Washington, and Colorado.
What size grants does Pat & Tom Frost Foundation F0731600 award?
In 2024, Pat & Tom Frost Foundation F0731600 awarded 23 grants totaling $508K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Pat & Tom Frost Foundation F0731600 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pat & Tom Frost Foundation F0731600 reported a distributable amount of $585K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pat & Tom Frost Foundation F0731600's EIN?
Pat & Tom Frost Foundation F0731600's EIN (Employer Identification Number) is 74-2699577. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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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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