Frost Memorial Fund Grant

The Frost Memorial Fund Grant supports charitable organizations in Rhinebeck, NY, focusing on both established and emerging nonprofits. Founded in 1998 by Benson and Barbara Frost, the fund aims to address present and future community needs through its permanent endowment. Grants are provided for annual support and new projects, emphasizing that funding is not guaranteed in subsequent years. Organizations must align their missions with the founders' vision to be eligible for assistance.

Overview
Frost Memorial Fund, Inc., is a private foundation that awards grants to non-profit organizations, with particular attention to charities in the Village and Town of Rhinebeck, New York.
Benson R. Frost, Jr. and Barbara V. Frost founded Frost Memorial Fund, Inc., in 1998, and funded it with substantial gifts and bequests. During the Frosts’ lifetimes, for reasons of privacy, the Fund was known as McRostie Foundation, Inc.
Frost Memorial Fund, Inc., serves as continuing evidence of the Frost Family’s support for charitable endeavors in Rhinebeck.
As founders, Benson and Barbara Frost created Frost Memorial Fund, Inc., for the long-term support of charitable organizations in Rhinebeck. The Board of Directors has set policies designed to meet the founder’s goals. The Board intends to support both well-established and new charities, so long as the purposes, operations and projects of those charities are in accordance with what it believes the founders would approve. The Board gives special weight to the Frosts’ action in creating the Fund as a permanent endowment, rather than simply making bequests in their wills to a group of named charities in Rhinebeck. So it is not only the present, but future, needs of Rhinebeck’s charitable organizations, and the community they serve, that the Board must keep in mind in setting out grant guidelines.
Grants for annual support and for new projects:
Annual support grants: FMF supports charities in the Village and Town of Rhinebeck, through limited annual cash support grants. In making an annual grant to a Rhinebeck charity, the Fund's directors do not intend to create a precedent on which a charity can expect to rely in future years.
New project grants: New project grants: Proposals for grants for new projects (for example, sponsorship of lectures, concerts, plays, and other cultural programs or contribution to building of new facilities, etc.) will need to meet the following guidelines.

Eligibility

Limitations on Grants:

FMF contributes to charitable tax exempt organizations in Rhinebeck, NY.

Ineligibility

FMF does not support individuals, for-profit organizations, or candidates for political office.