Foster Charitable Foundation Inc

KERRVILLE, TX EIN: 02-0653934

Foster Charitable Foundation Inc is a private foundation focused on Human Services, based in KERRVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-18.9% YoY

Annual Giving

$1K

+55.2% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$1K

+210.3% YoY

Under IRS private-foundation payout rules, Foster Charitable Foundation Inc reported a distributable amount of $127K for 2024 — the minimum it must pay out in qualifying distributions.

About Foster Charitable Foundation Inc

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $118K (97%)

Florida $2K (1%)

New York $1K (1%)

States

Florida New York Texas

Cities

College StationDeer ParkHoustonNew YorkSeguinTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,483,555	$1,828,765	$2,260,996
Revenue	$79,410	$121,709	$-7,060
Expenses	$422,029	$430,404	$418,540
Qualifying Distributions	$163,851	$169,127	$139,515
Net Investment Income	—	—	—
Distributable Amount	$126,509	$171,780	$129,386

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pampered Pink ($1,125).

Recipient	Purpose	Amount
Pampered Pink Houston, TX	Unrestricted Gift	$1,125

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JANA S SMITH	PRESIDENT & DIR	40	$162,420
JOHN CHRISTOPHER DOYLE	DIRECTOR & SEC	1	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Foster Charitable Foundation Inc?

Foster Charitable Foundation Inc is a private foundation focused on Human Services, based in KERRVILLE, TX. It holds $1.5M in total assets as of 2024.

How large is Foster Charitable Foundation Inc?

As of 2024, Foster Charitable Foundation Inc holds $1.5M in total assets with $79K in annual revenue. It awarded 1 grants totaling $1K in 2024.

Where does Foster Charitable Foundation Inc operate?

Foster Charitable Foundation Inc has awarded grants in Florida, New York, Texas.

What size grants does Foster Charitable Foundation Inc award?

In 2024, Foster Charitable Foundation Inc awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Foster Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Foster Charitable Foundation Inc reported a distributable amount of $127K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Foster Charitable Foundation Inc's EIN?

Foster Charitable Foundation Inc's EIN (Employer Identification Number) is 02-0653934. IRS Form 990 filing data is available on this page for 2020–2024.