Foster Family Foundation
Foster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALADO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 7 grants totaling $113K. Net investment income was $186K.
Key facts about Foster Family Foundation
- EIN
- 26-3505954
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $112,900
- Grants made (2024)
- 7
- Average grant
- $16,129
- Median grant
- $10,000
- Total assets
- $1,587,925
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Foster Family Foundation funds
By grant dollars, the top recipient states for Foster Family Foundation's 7 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Austin, TX (2 grants). 71% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+4.1% YoY
Annual Giving
$113K
-9.8% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$16K
+16.0% YoY
Under IRS private-foundation payout rules, Foster Family Foundation reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.
About Foster Family Foundation
Based on IRS filings
Foster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALADO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 7 grants totaling $113K. Net investment income was $186K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,587,925 | $1,525,724 | $1,654,030 |
| Revenue | $204,006 | $8,400 | $-142,433 |
| Expenses | $131,388 | $141,304 | $138,804 |
| Qualifying Distributions | $112,900 | $125,100 | $124,500 |
| Net Investment Income | $185,875 | $25,717 | — |
| Distributable Amount | $96,815 | $89,735 | $104,013 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Salado Historical Society ($65,000), Mfcc Austin Sagrado Corazon ($15,000), Baylor Scott & White Ctf ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SALADO HISTORICAL SOCIETY SALADO, TX | GENERAL PURPOSE FUND | $65,000 |
| MFCC AUSTIN SAGRADO CORAZON AUSTIN, TX | GENERAL PURPOSE FUND | $15,000 |
| BAYLOR SCOTT & WHITE CTF TEMPLE, TX | NURSING EXCELLENCE FUND | $10,000 |
| THE MUNY CONSERVANCY AUSTIN, TX | GENERAL PURPOSE FUND | $10,000 |
| SOUTH TEXAS CHARITY WEEKEND INC KINGSVILLE, TX | GENERAL PURPOSE FUND | $7,500 |
| FIRST BAPTIST CHURCH OF ROCKPORT ROCKPORT, TX | YOUTH MINISTRY | $5,000 |
| DUCKS UNLIMITED MEMPHIS, TX | GENERAL PURPOSE FUND | $400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MORRIS E FOSTER | PRESIDENT & TREASURER | 1 | — |
| RYAN H FOSTER | SECRETARY | 1 | — |
| RALSTON H FOSTER | DIRECTOR | 1 | — |
| GARRETT C FOSTER | DIRECTOR | 1 | — |
| JANNA RUSSELL | DIRECTOR | 1 | — |
| LANNA DOMANGUE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foster Family Foundation?
Foster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALADO, TX. It holds $1.6M in total assets as of 2024.
How large is Foster Family Foundation?
As of 2024, Foster Family Foundation holds $1.6M in total assets with $204K in annual revenue. It awarded 7 grants totaling $113K in 2024.
Where does Foster Family Foundation operate?
Foster Family Foundation has awarded grants in Connecticut, Louisiana, Tennessee, Texas.
What size grants does Foster Family Foundation award?
In 2024, Foster Family Foundation awarded 7 grants totaling $113K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Foster Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foster Family Foundation reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foster Family Foundation's EIN?
Foster Family Foundation's EIN (Employer Identification Number) is 26-3505954. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foster Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.