Overview

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Est.

1971

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Frostburg State University Foundation is a nonprofit organization dedicated to fostering, encouraging, and promoting the growth and welfare of Frostburg State University through advocacy, fundraising, investment management, and stewardship. With an operating budget of $2.6 million and total revenue of $10.5 million for the filing year 2025, the foundation supports university education and welfare initiatives. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission.

Mission Statement

TO FOSTER, ENCOURAGE, AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF FROSTBURG STATE UNIVERSITY THROUGH ADVOCACY, FUNDRAISING, INVESTMENT MANAGEMENT AND STEWARDSHIP.
Revenues
$10.5M
Expenses
$3.5M
Net Income:
+$7M
Assets
$53.3M
Liabilities
$46K
Net Assets:
+$53.3M
Operating Budget
$2.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
11
Median grant size
$14K
Largest grant received
$97.1K
J
John T Short Jr
Board Member
M
Matthew Gilmore
Board Member
D
DR Benjamin N Norris
Board Member

Frequently Asked Questions

What is FROSTBURG STATE UNIVERSITY FOUNDAT’s budget?
In 2025, FROSTBURG STATE UNIVERSITY FOUNDAT reported an annual operating budget of around $2.6 million. More detailed financial information is available to registered users.
What causes does FROSTBURG STATE UNIVERSITY FOUNDAT support?
FROSTBURG STATE UNIVERSITY FOUNDAT supports work in Welfare and University education.
Where does FROSTBURG STATE UNIVERSITY FOUNDAT operate?
FROSTBURG STATE UNIVERSITY FOUNDAT is headquartered in Frostburg, MD.
Who funded FROSTBURG STATE UNIVERSITY FOUNDAT recently?
In 2025, FROSTBURG STATE UNIVERSITY FOUNDAT received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and NEW JERSEY CAMPUS COMPACT. More information on this organization’s funders is available to registered users.
What is the largest grant FROSTBURG STATE UNIVERSITY FOUNDAT received in 2024?
The largest grant to FROSTBURG STATE UNIVERSITY FOUNDAT in 2024 exceeds $97 thousand.