The Frost Foundation
The Frost Foundation is a private foundation, based in Lahaina, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 3 grants totaling $22K. Net investment income was $139K.
Key facts about The Frost Foundation
- EIN
- 27-0952789
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $22,000
- Grants made (2024)
- 3
- Average grant
- $7,333
- Median grant
- $10,000
- Total assets
- $4,067,141
- Primary geography
- California (91% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Frost Foundation funds
By grant dollars, the top recipient states for The Frost Foundation's 3 itemized 2024 grants were California (91%) and Hawaii (9%). 100% of grants with a stated purpose were for general or operating support.
How The Frost Foundation gives
- Giving grew 69% from 2021 to 2024. Method
- In 2024 it paid out 72% 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.
Next steps with The Frost Foundation
- How to evaluate The Frost Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
+6.4% YoY
Annual Giving
$22K
-2.2% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$7K
-34.8% YoY
Under IRS private-foundation payout rules, The Frost Foundation reported a distributable amount of $195K for 2024 — the minimum it must pay out in qualifying distributions.
About The Frost Foundation
Based on IRS filings
The Frost Foundation is a private foundation, based in Lahaina, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 3 grants totaling $22K. Net investment income was $139K.
Ready to take the next step with The Frost Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,067,141 | $3,822,048 | $3,321,922 |
| Revenue | $174,061 | $324,950 | $64,631 |
| Expenses | $164,758 | $206,031 | $172,696 |
| Qualifying Distributions | $139,436 | $185,075 | $151,662 |
| Net Investment Income | $138,505 | $81,691 | $61,250 |
| Distributable Amount | $194,818 | $171,086 | $175,132 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Helping Heal the Earth ($10,000), Focus For Democracy ($10,000), Akua Seva ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Helping Heal the Earth Sausalito, CA | General Support | $10,000 |
| Focus For Democracy Albany, CA | General Support | $10,000 |
| Akua Seva Lahaina, HI | General Support | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Deb Frost | President | 20 | $48,787 |
Frequently Asked Questions
How large is The Frost Foundation?
As of 2024, The Frost Foundation holds $4.1M in total assets with $174K in annual revenue. It awarded 3 grants totaling $22K in 2024.
Where does The Frost Foundation operate?
The Frost Foundation has awarded grants in California, Hawaii.
What size grants does The Frost Foundation award?
In 2024, The Frost Foundation awarded 3 grants totaling $22K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Frost Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frost Foundation reported a distributable amount of $195K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frost Foundation's EIN?
The Frost Foundation's EIN (Employer Identification Number) is 27-0952789. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.