Foster Charitable Trust
Foster Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANCHO PALOS VERDES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.4M in total assets. In 2024, it awarded 14 grants totaling $565K. Net investment income was $425K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.4M
+965.5% YoY
Annual Giving
$565K
+135.7% YoY
Grant Count
14
+27.3% YoY
Avg Grant Size
$40K
+85.2% YoY
Under IRS private-foundation payout rules, Foster Charitable Trust reported a distributable amount of $397K for 2024 — the minimum it must pay out in qualifying distributions.
About Foster Charitable Trust
Based on IRS filings
Foster Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANCHO PALOS VERDES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.4M in total assets. In 2024, it awarded 14 grants totaling $565K. Net investment income was $425K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,400,464 | $1,539,218 | $1,793,543 |
| Revenue | $15,442,049 | $19,503 | $11,894 |
| Expenses | $580,968 | $273,611 | $679,214 |
| Qualifying Distributions | $565,303 | $239,840 | $648,967 |
| Net Investment Income | $425,384 | $3,676 | — |
| Distributable Amount | $397,266 | $35,110 | $55,817 |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Loyola High School ($290,000), Mary Star of the Sea High School ($80,000), Catholic Leadership Institute ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CALVIN UNIVERSITY GRAND RAPIDS, MI | GEN EXEMPT | $15,000 |
| CATHOLIC LEADERSHIP INSTITUTE MALVERN, PA | GEN EXEMPT | $75,000 |
| CURTS KITCHEN SAN PEDRO, CA | GEN EXEMPT | $744 |
| GROUNDCOVER NEWS ANN ARBOR, MI | GEN EXEMPT | $10,000 |
| HOLY TRINITY CHURCH SAN PEDRO, CA | GEN EXEMPT | $28,578 |
| LOYOLA HIGH SCHOOL LOS ANGELES, CA | GEN EXEMPT | $290,000 |
| MARC LEON MINISTRIES WHITTIER, CA | GEN EXEMPT | $10,000 |
| MARY STAR OF THE SEA HIGH SCHOOL SAN PEDRO, CA | GEN EXEMPT | $80,000 |
| MOUNT ST MARY'S LOS ANGELES, CA | GEN EXEMPT | $4,449 |
| NOTRE DAME LOS ANGELES, CA | GEN EXEMPT | $14,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT FOSTER | TRUSTEE | — | — |
| GINA FOSTER | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foster Charitable Trust?
Foster Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANCHO PALOS VERDES, CA. It holds $16.4M in total assets as of 2024.
How large is Foster Charitable Trust?
As of 2024, Foster Charitable Trust holds $16.4M in total assets with $15.4M in annual revenue. It awarded 14 grants totaling $565K in 2024.
Where does Foster Charitable Trust operate?
Foster Charitable Trust has awarded grants in California, Colorado, Illinois, Michigan, Minnesota, Pennsylvania, Texas, Utah.
What size grants does Foster Charitable Trust award?
In 2024, Foster Charitable Trust awarded 14 grants totaling $565K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is Foster Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foster Charitable Trust reported a distributable amount of $397K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foster Charitable Trust's EIN?
Foster Charitable Trust's EIN (Employer Identification Number) is 33-6195828. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foster Charitable Trust'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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