Alta W Foster Trust

Foundation · Grantmaker Dallas, TX EIN: 04-6269700

Alta W Foster Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.4M in total assets. In 2024, it awarded 5 grants totaling $1.6M. Net investment income was $2.0M.

Key facts about Alta W Foster Trust

EIN: 04-6269700
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,634,365
Grants made (2024): 5
Average grant: $326,873
Median grant: $326,873
Total assets: $27,354,609
Primary geography: Massachusetts (60% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Alta W Foster Trust funds

By grant dollars, the top recipient states for Alta W Foster Trust's 5 itemized 2024 grants were Massachusetts (60%), Florida (20%) and Oklahoma (20%). 100% of grants with a stated purpose were for general or operating support.

How Alta W Foster Trust gives

Giving held roughly steady from 2021 to 2024 (+7%). Method
In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Alta W Foster Trust

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$27.4M

+1.3% YoY

Annual Giving

$1.6M

+23.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$327K

+23.0% YoY

Under IRS private-foundation payout rules, Alta W Foster Trust reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

About Alta W Foster Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $981K (60%)

Florida $327K (20%)

Oklahoma $327K (20%)

Share of all 5 itemized 2024 grant dollars.

States

Florida Massachusetts Oklahoma

Cities

BostonHyannisOklahoma CityTampaW Barnstable

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$27,354,609	$27,011,766	$27,609,057
Revenue	$2,172,425	$904,272	$1,700,253
Expenses	$1,811,539	$1,498,976	$2,022,969
Qualifying Distributions	$1,673,187	$1,372,967	$1,862,859
Net Investment Income	$2,036,473	$678,566	$1,564,161
Distributable Amount	$1,711,096	$1,570,188	$1,616,816

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cape Cod Healthcare Foundation ($326,873), Children's Hospital ($326,873), Cape Cod Community College ($326,873).

Recipient	Purpose	Amount
CAPE COD HEALTHCARE FOUNDATION Hyannis, MA	UNRESTRICTED GENERAL	$326,873
CHILDREN'S HOSPITAL Boston, MA	UNRESTRICTED GENERAL	$326,873
CAPE COD COMMUNITY COLLEGE W Barnstable, MA	UNRESTRICTED GENERAL	$326,873
SHRINERS' HOSPITALS FOR CHILDREN Tampa, FL	UNRESTRICTED GENERAL	$326,873
AMERICAN CANCER SOCIETY Oklahoma City, OK	UNRESTRICTED GENERAL	$326,873

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Bank of America	Trustee	1	$95,006

Frequently Asked Questions

How large is Alta W Foster Trust?

As of 2024, Alta W Foster Trust holds $27.4M in total assets with $2.2M in annual revenue. It awarded 5 grants totaling $1.6M in 2024.

Where does Alta W Foster Trust operate?

Alta W Foster Trust has awarded grants in Florida, Massachusetts, Oklahoma.

What size grants does Alta W Foster Trust award?

In 2024, Alta W Foster Trust awarded 5 grants totaling $1.6M — an average of about $327K per grant, based on its IRS Form 990 filings.

How much is Alta W Foster Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alta W Foster Trust reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.