The Frankford Athletic Association was organized in May 1899 in the parlor of the Suburban Club. The cost of purchasing a share in the association, was $10. However there were also contributing memberships, ranging from $1 to $2.50, made available to the general public. The Association was a community-based non-profit organization of local residents and businesses. In keeping with its charter, which stated that "all profits shall be donated to charity". All of the team's excess income was donated to local charitable institutions. The beneficiaries of this generosity included Frankford Hospital, the Frankford Day Nursery, the local Boy Scouts and the local American Legion Post 211. The officers of the Association never received a salary nor compensation for their work on behalf of the team.