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Filing year 2024

FROSTBURG STATE UNIVERSITY FOUNDAT

Frostburg, Maryland·EIN 23-7120883·NTEE B43I · Education·3
Total revenue
$10.5M
Total assets
$53.3M
Total expenses
$3.5M
Reported officers
34
Mission

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

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$55k
$58k
Base
Bonus
Other
$3k
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 33 unpaid individuals.

Browse compensation in Education

Financial trend

Revenue and expenses over time

FROSTBURG STATE UNIVERSITY FOUNDAT reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.7M
$3.9M
2023
$10.5M
$3.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Maryland

Comparable education organizations in Maryland pay their highest-earning executive a median of $105,478.

25th percentile
$38k
Median
$105,478
75th percentile
$223k
90th percentile
$512k

These are education sector-wide figures, not this organization's reported pay. Based on 212 organizations across 212 filings (2021 – 2023).

See full Education pay data for Maryland
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