Forster Family Foundation Inc
Forster Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 15 grants totaling $489K. Net investment income was $466K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
-1.7% YoY
Annual Giving
$489K
-3.8% YoY
Grant Count
15
+15.4% YoY
Avg Grant Size
$33K
-16.7% YoY
Under IRS private-foundation payout rules, Forster Family Foundation Inc reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.
About Forster Family Foundation Inc
Based on IRS filings
Forster Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 15 grants totaling $489K. Net investment income was $466K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,973,590 | $3,024,395 | $3,508,635 |
| Revenue | $502,175 | $76,843 | $392,681 |
| Expenses | $552,980 | $561,083 | $553,600 |
| Qualifying Distributions | $510,137 | $526,720 | $499,241 |
| Net Investment Income | $465,729 | $42,959 | $350,972 |
| Distributable Amount | $170,133 | $160,269 | $179,112 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include California College of the Arts ($128,000), University of California San Francisco Foundation ($100,000), Glaucoma Research Foundation ($81,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUBS OF MONTEREY COUNTY SEASIDE, CA | Charitable Event | $10,000 |
| CALIFORNIA COLLEGE OF THE ARTS SAN FRANCISCO, CA | General & Unrestricted | $15,000 |
| CALIFORNIA COLLEGE OF THE ARTS SAN FRANCISCO, CA | Campaign Pledge, Annual Board Gift Fund, Gala Table Sponsor, and Fund a Need | $128,000 |
| GLAUCOMA RESEARCH FOUNDATION SAN FRANCISCO, CA | Sponsor Gala Table, Campaign Pledge, Fund a Scientist and Annual Board Expectation Fund | $81,000 |
| J PAUL GETTY TRUST LOS ANGELES, CA | Getty Conservation Institute Fund | $25,000 |
| KQED INC SAN FRANCISCO, CA | General & Unrestricted | $1,000 |
| MONTEREY MUSEUM OF ART MONTEREY, CA | General & Unrestricted | $5,000 |
| POLLINATOR PARTNERSHIP SAN FRANCISCO, CA | General & Unrestricted | $1,000 |
| SAN FRANCISCO MUSEUM OF MODERN ART SAN FRANCISCO, CA | Accessions Fund for acquiring new work for SFMOMA | $25,000 |
| SAN FRANCISCO MUSEUM OF MODERN ART SAN FRANCISCO, CA | General & Unrestricted | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bret Forster | Dir, VP | 1 | — |
| Kyle Forster | Dir, VP | 1 | — |
| Nancy Forster | Dir, VP | 1 | — |
| Patrick Forster | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Forster Family Foundation Inc?
Forster Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $3.0M in total assets as of 2024.
How large is Forster Family Foundation Inc?
As of 2024, Forster Family Foundation Inc holds $3.0M in total assets with $502K in annual revenue. It awarded 15 grants totaling $489K in 2024.
Where does Forster Family Foundation Inc operate?
Forster Family Foundation Inc has awarded grants in California, New Jersey, Vermont.
What size grants does Forster Family Foundation Inc award?
In 2024, Forster Family Foundation Inc awarded 15 grants totaling $489K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Forster Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Forster Family Foundation Inc reported a distributable amount of $170K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Forster Family Foundation Inc's EIN?
Forster Family Foundation Inc's EIN (Employer Identification Number) is 20-3369497. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Forster Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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