Mission
TO SUPPORT THE FROSTBURG COMMUNITY AND ITS CITIZENS TO PROVIDE A WAY FOR FAMILIES AND FRIENDS TO GIVE BACK TO THE COMMUNITY.
Public Charity
FOUNDATION FOR FROSTBURG INC
FOUNDATION FOR FROSTBURG INC is a Public Charity headquartered in FROSTBURG, MD. Financial data from the 2025 filing: $251K revenue, $63K expenses, $1.2M total assets. 7 publicly reported grants to this organization, totaling roughly $528K, appear in IRS filings.
EIN: 521915632
FROSTBURG, MD
Parks & Playgrounds
NTEE: N32
Latest filing: 2025
Total Revenue$251K
Total Expenses$63K
Total Assets$1.2M
Grant Records7
Funding Total$528K
Filing Years2021–2025
Where $100 goes at Foundation for Frostburg Inc
How Foundation for Frostburg Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$94
Programs
the work itself
$6
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $94 for programs
$94
Specific community projects for board designated, temporarily restricted, and permanently restricted funds
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
COAL MINER MEMORIAL VARIOUS
$85,480
COAL MINER MEMORIAL & VARIOUS
$85,480
$48,061
$48,061
$66,516
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
ASSISTANT TREASURER
Barbara Armstrong
SECRETARY
Elizabeth Stahlman
TREASURER
Lynn Ketterman
VICE PRESIDENT
Randy Olsen
PRESIDENT
Renee Bone
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $251K | $63K | $1.2M |
| 2024 | $308K | $187K | $1.0M |
| 2023 | $335K | $150K | $904K |
| 2022 | $115K | $81K | $720K |
| 2021 | $180K | $119K | $685K |
Between 2021 and 2025, reported annual revenue grew from $180K to $251K (+40%), with total assets most recently reported at $1.2M.
Interactive year-over-year charts and full filing details available with membership.