Public Charity

FROSTBURG STATE UNIVERSITY FOUNDAT

Based in FROSTBURG, MD, FROSTBURG STATE UNIVERSITY FOUNDAT operates as a Public Charity. The organization reported $10.5M in revenue, $3.5M in expenses, $53.3M in total assets for fiscal year 2025. Imperigo tracks 41 reported grant relationships connected to this organization totaling approximately $632K.

EIN: 237120883 FROSTBURG, MD Latest filing: 2025
Total Revenue$10.5M
Total Expenses$3.5M
Total Assets$53.3M
Grant Records41
Funding Total$632K
Filing Years2021–2025

Mission

TO FOSTER, ENCOURAGE, AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF FROSTBURG STATE UNIVERSITY THROUGH ADVOCACY, FUNDRAISING, INVESTMENT MANAGEMENT AND STEWARDSHIP.

Officers & Directors

AT LARGE A Leslie Ludwig
BOARD OF DIR Alfred E Martin
BOARD OF DIR Anthony P Zook
BOARD OF DIR Diane Hurd
BOARD OF DIR Donald C Fry
BOARD OF DIR Dr Benjamin N Norris

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$277,451 9 grants
GENERAL SUPPORT
$70,091 6 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$46,800 3 grants
GENERAL SUPPORT AND VARIOUS PROJECTS
$42,000 3 grants
EDUCATION
$41,850 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $10.5M $3.5M $53.3M
2024 $6.7M $3.9M $47.0M
2023 $4.1M $3.9M $42.6M
2022 $7.8M $2.5M $41.2M
2021 $4.9M $2.0M $38.7M

Between 2021 and 2025, reported annual revenue grew from $4.9M to $10.5M (+114%), with total assets most recently reported at $53.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FROSTBURG STATE UNIVERSITY FOUNDAT

Complete financials, all 41 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time