Legacy Giving 

Children’s Hospital at Erlanger gets $2 million gift from local businessman

The bequeathed gift was made in honor of Jim Frost's granddaughter, whose life was saved at Chattanooga’s only pediatric hospital 12 years ago. The gift, a combination of two charitable remainder unitrusts, provide support for individuals close to Mr. Frost for several years and then are converted into a cash gift benefiting Children’s Hospital at Erlanger at the end date of the two trust periods.

Frost told Erlanger officials “We are given just one life to live and what we do with it is up to us,” adding that he hoped this latest gift “will help improve and save the lives of many more children in the years to come.”

Alexis Frost, who now lives and works in New York, returned to Chattanooga recently to visit the construction site of the new Children’s Outpatient Center with her grandfather and father Stephen Frost.

“I will always be grateful to the staff at Children’s for saving my life 12 years ago, and now to my grandfather for what he has done to carry on his legacy of impacting the lives of even more young people with this donation,” she said.

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