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Frost Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$127k (2024)

Expenses
$122k (2024)

Total Assets
$1.67M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$126,688
Expenses
$121,611
Net Income
$5,077
Net Assets
$1,667,178
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,896
1.5%
Dividends $22,651
17.9%
Sales of Assets $102,141
80.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $102,000
83.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,667,178
Total Liabilities $0
Net Assets $1,667,178
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Director) $0 $0
William Lee (Vice President/Director) $0 $0
Roy Christian Lewis (Secretary/Treasurer/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$65,028
Expenses
$109,486
Net Income
-$44,458
Net Assets
$1,662,101
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $18
0.0%
Interest Revenue $1,835
2.8%
Dividends $19,566
30.1%
Sales of Assets $43,609
67.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $90,950
83.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,662,101
Total Liabilities $0
Net Assets $1,662,101
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Director) $0 $0
William Lee (Vice President/Director) $0 $0
Roy Christian Lewis (Secretary/Treasurer/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$791,937
Expenses
$98,340
Net Income
$693,597
Net Assets
$1,706,559
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $760,474
96.0%
Interest Revenue $338
0.0%
Dividends $16,097
2.0%
Sales of Assets $15,028
1.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $76,750
78.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,706,559
Total Liabilities $0
Net Assets $1,706,559
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Director) $0 $0
William Lee (Vice President/Director) $0 $0
Roy Christian Lewis (Secretary/Treasurer/Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$173,840
Expenses
$81,445
Net Income
$92,395
Net Assets
$1,012,962
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10
0.0%
Dividends $13,567
7.8%
Sales of Assets $160,263
92.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $64,000
78.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,012,962
Total Liabilities $0
Net Assets $1,012,962
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Dir) $0 $0
William Lee (Vice Pres./Dir) $0 $0
Roy Christian Lewis (Sec/Treas/Dir) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$130,442
Expenses
$66,435
Net Income
$64,007
Net Assets
$920,566
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $129
0.1%
Dividends $13,615
10.4%
Sales of Assets $116,698
89.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,250
78.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $920,567
Total Liabilities $1
Net Assets $920,566
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Dir) $0 $0
William Lee (Vice Pres./Dir) $0 $0
Roy Christian Lewis (Sec/Treas/Dir) $0 $0
Shannon R Schrader Md (Director) $0 $0
Vernon W Frost Jr (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$55,240
Expenses
$62,439
Net Income
-$7,199
Net Assets
$856,559
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $471
0.9%
Interest Revenue $558
1.0%
Dividends $15,390
27.9%
Sales of Assets $38,821
70.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $48,753
78.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $856,560
Total Liabilities $1
Net Assets $856,559
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Dir) $0 $0
William Lee (Vice Pres./Dir) $0 $0
Roy Christian Lewis (Sec/Treas/Dir) $0 $0
Shannon R Schrader Md (Director) $0 $0
Vernon W Frost Jr (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$50,496
Expenses
$68,419
Net Income
-$17,923
Net Assets
$863,759
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $468
0.9%
Dividends $15,900
31.5%
Sales of Assets $34,128
67.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $48,570
71.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $863,759
Total Liabilities $0
Net Assets $863,759
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Dir) $0 $0
William Lee (Vice Pres./Dir) $0 $0
Roy Christian Lewis (Sec/Treas/Dir) $0 $0
Shannon R Schrader Md (Director) $0 $0
Vernon W Frost Jr (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$177,084
Expenses
$52,069
Net Income
$125,015
Net Assets
$881,682
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $168
0.1%
Dividends $12,336
7.0%
Sales of Assets $164,406
92.8%
Other Income $174
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $40,700
78.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $881,682
Total Liabilities $0
Net Assets $881,682
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Dir) $0 $0
William Lee (Vice Pres./Dir) $0 $0
Roy Christian Lewis (Sec/Treas/Dir) $0 $0
Shannon R Schrader Md (Director) $0 $0
Vernon W Frost Jr (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$39,990
Expenses
$51,019
Net Income
-$11,029
Net Assets
$756,667
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $17,179
43.0%
Sales of Assets $22,811
57.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $45,650
89.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $756,667
Total Liabilities $0
Net Assets $756,667
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Dir) $0 $0
William Lee (Vice Pres./Dir) $0 $0
Roy Christian Lewis (Sec/Treas/Dir) $0 $0
Shannon R Schrader Md (Director) $0 $0
Vernon W Frost Jr (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$421
Expenses
$51,667
Net Income
-$51,246
Net Assets
$767,696
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $24,515
> 100%
Sales of Assets -$24,414
Other Income $320
76.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $45,601
88.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $767,696
Total Liabilities $0
Net Assets $767,696
Compensation
Key Employees and Officers Compensation Other
Scott Holman Iii (President/Dir) $0 $0
William Lee (Vice Pres./Dir) $0 $0
Roy Christian Lewis (Sec/Treas/Dir) $0 $0
Shannon R Schrader Md (Director) $0 $0
Vernon W Frost Jr (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$69,356
Expenses
$55,819
Net Income
$13,537
Net Assets
$818,942
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $24,290
35.0%
Sales of Assets $45,065
65.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $50,500
90.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $818,942
Total Liabilities $0
Net Assets $818,942

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,644
Expenses
$46,588
Net Income
-$31,944
Net Assets
$805,405
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $21,813
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $40,475
86.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $805,405
Total Liabilities $0
Net Assets $805,405

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$34,789
Expenses
$56,359
Net Income
-$21,570
Net Assets
$837,349
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $23,877
68.6%
Sales of Assets $10,910
31.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $50,600
89.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $837,349
Total Liabilities $0
Net Assets $837,349

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$18,940
Expenses
$47,797
Net Income
-$28,857
Net Assets
$858,919
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4
0.0%
Dividends $24,437
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $41,980
87.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $858,919
Total Liabilities $0
Net Assets $858,919

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
1999

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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