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Filing year 2023

THE FROST FOUNDATION

Santa Fe, New Mexico·EIN 72-0520342·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.7M
Total assets
$33.5M
Total expenses
$2M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President
Board President
75th to 90th percentile
$140k
$153k
Vice President
Board Vice President
Median to 75th percentile
$140k
$153k
Director
Unclassified
$33k
$36k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE FROST FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$965k

Itemized grants

58

Median grant

$10k

RecipientLocationPurposeAmount
ST VINCENT HOSPITAL FOUNDATIONSANTA FE, NMOPERATING$100k
LABORATORIES FOUNDATIONESPANOLA, NMOPERATING$96k
ESPANOLA HUMANEESPANOLA, NMOPERATING$50k
LSU FOUNDATIONBATON ROUGE, LAOPERATING$48k
KINDRED SPIRITS ANIMAL SANCTUARYSANTA FE, NMOPERATING$35k
COMMUNITIES IN SCHOOLS OF NMSANTA FE, NMOPERATING$25k
MAGDALENA SERENITY HOUSEFAYETTEVILLE, AROPERATING$25k
THE NATURE CONSERVANCYSANTA FE, NMOPERATING$25k
EDEN HOUSENEW ORLEANS, LAOPERATING$20k
GIRLS INCINDIANAPOLIS, INOPERATING$20k
SANTA FE CONSERVATION TRUSTSANTA FE, NMOPERATING$20k
THE BRIGHT SCHOOLCHATTANOOGA, TNOPERATING$20k
THE FOOD DEPOTSANTA FE, NMOPERATING$20k
THINK NEW MEXICOSANTA FE, NMPOLICY RESEARCH & PUBLIC EDUCATION PROJECT$20k
ANIMAL PROTECTION NEW MEXICOSANTA FE, NMOPERATING$15k
CHIMP HAVENKEITHVILLE, LAOPERATING$15k
COOKING WITH KIDSSANTA FE, NMOPERATING$15k
DENTAL CARE IN YOUR HOMEALBUQUERQUE, NMOPERATING$15k
EMBUDO VALLEY LIBRARY AND COMMUNITYDIXON, NMOPERATING$15k
EMBUDO VALLEY TUTORING ASSOCIATIONDIXON, NMOPERATING$15k
NATIONAL WILDLIFE FEDERATIONMERRIFIELD, VAOPERATING$15k
NEW HARMONY HIGH SCHOOLNEW ORLEANS, LATUTORING PROGRAM$15k
SANTA FE FILM FESTIVALSANTA FE, NMOPERATING$15k
SOUTHWEST CREATIONS COLLABORATIVEALBUQUERQUE, NMOPERATING$15k
STEM LIBRARY LABMETAIRIE, LAOPERATING$15k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE FROST FOUNDATION

What does the Board President of THE FROST FOUNDATION earn?

In 2023, the Board President of THE FROST FOUNDATION received $140,000 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE FROST FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board President at THE FROST FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE FROST FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE FROST FOUNDATION's revenue and expenses?

In 2023, THE FROST FOUNDATION reported $1.7M in total revenue and $2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.