The Frost Foundation aims to operate solely for educational, charitable, and religious purposes, continuing the legacy of Edwin Ambrose Frost and Virginia Chapelle Frost. It focuses on fostering self-reliance, creativity, and ingenuity, aiming to extend positive impact beyond traditional limits by encouraging innovation to address urgent current issues, under the governance of nonprofit corporation provisions in Louisiana and New Mexico.
The Frost Foundation prioritizes grant-making towards exemplary organizations and programs that promise to induce positive change beyond conventional boundaries. It supports initiatives that encourage creativity in recognizing emerging needs and innovation in addressing immediate pressing challenges. The Foundation aims to provide the initial push for pioneering efforts, operating funds for impactful organizations, and backing for programs with the potential for broader educational or service outreach. It encourages community collaborations, alliances, and mergers among agencies to optimize resource utilization and reduce redundant efforts, pointing towards a preference for projects that demonstrate efficiency and a potential for communal or educational impact.