Steve and Lisa Frost Family Foundation
The Steve and Lisa Frost Family Foundation is a private foundation based in Signal Mountain, Tennessee. Established in 2021, it operates as a non-operating foundation focused exclusively on grantmaking to preselected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.5M
-3.0% YoY
Annual Giving
$636K
+39.5% YoY
Grant Count
19
-5.0% YoY
Avg Grant Size
$33K
+46.8% YoY
Mission & Focus Areas
The foundation's primary focus is philanthropy and grantmaking. According to its filings, the foundation concentrates its support on organizations working in education, human services, and philanthropic initiatives.
Grantmaking
The foundation operates on a preselected basis only and does not accept unsolicited applications. According to available records, the foundation makes contributions only to preselected charitable organizations.
Grant Range
$30,000
Average Grant
amount: approximately $27,000-$97,000
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated primarily in Tennessee, with additional funding activity in California, Ohio, North Carolina, Texas, and Virginia. Tennessee, California, and Ohio account for approximately 93% of all grants made. The foundation has distributed grants across six states.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total assets: $9,469,987
- Total revenues: $346,328
- Total expenses: $645,010
- Annual giving rate: approximately 6.7% of assets
The foundation reported zero employees and operates with limited staffing.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,469,987 | $9,763,669 | $9,904,062 |
| Revenue | $346,328 | $326,395 | $590,679 |
| Expenses | $645,010 | $466,788 | $557,477 |
| Qualifying Distributions | $635,152 | $456,973 | $557,477 |
| Net Investment Income | $346,328 | $326,395 | $590,679 |
| Distributable Amount | $592,521 | $501,587 | $517,433 |
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
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by three officers and trustees, all serving without compensation:
- Lisa Frost – President
- Amy Frost – Secretary
- Steve Frost – Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA FROST | PRESIDENT | 1 | — |
| AMY FROST | SECRETARY | 1 | — |
| STEVE FROST | TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated consistent grant activity through 2024, with recent distributions supporting organizations in education, food security, youth development, and philanthropic infrastructure across multiple states.
Swift foundation awards over $7.5K in grants to 4 Routt County nonprofitsSubject 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. Research dossier generated April 2026.
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