Foster Family Foundation

Private foundation · Grantmaker Salado, TX EIN: 26-3505954

Foster Family Foundation is a private foundation, based in Salado, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 2 grants totaling $97K. Net investment income was $199K.

Foster Family Foundation at a glance

In short: Foster Family Foundation gave $97K across 2 grants in 2025 (avg $49K), mostly in Texas. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$97,214
-13.9% vs 2024
Grants made (2025)
2
-71.4% vs 2024
Average grant
$48,607
+201.4% vs 2024
Median grant
$48,607
Total assets
$1,686,055
+6.2% vs 2024
Primary geography
Texas (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Foster Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Salado Historical Society: $82KSalado Historical Society$82KMFCC Austin Sagrado Corazon: $15KMFCC Austin Sagrado Corazon$15K

The largest 2025 recipient was Salado Historical Society ($82K). Together the top 2 received $97K.

Grant Size Distribution

45 grants across all recorded years

42<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 42 grants of 45 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

AustinSaladoTempleBurnetCollege StationRockportBurtonKingsvilleMemphisFultonJenaSan AntonioStonington

How Foster Family Foundation gives

  • Giving fell 22% from 2022 to 2025. Method
  • In 2025 it paid out 90% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K10 grants2019 10 grants2020 14 grants2021 13 grants2022 9 grants2023 7 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $90K (2019) to $125K (2023). In 2025 it made 2 grants totaling $97K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Salado Historical Society Salado, TXGeneral Purpose Fund$82,214
MFCC Austin Sagrado Corazon Austin, TXGeneral Purpose Fund$15,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,686,055$216,327$117,473$97,2142$97,214$198,509$108,359
2024$1,587,925$204,006$131,388$112,9007$112,900$185,875$96,815
2023$1,525,724$8,400$141,304$125,1009$125,100$25,717$89,735
2022$1,654,030$-142,433$138,804$124,50013$124,500—$104,013
2021$1,913,138$267,778$113,399$89,80014$89,800$246,606$99,987
2020$1,724,189$6,538$113,138$95,50010—$13,426$102,489
2019$1,809,409$17,479$111,451$89,50010——$89,309

Under IRS private-foundation payout rules, Foster Family Foundation reported a distributable amount of $108K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Foster Family Foundation is led by Morris E. Foster, President & Treasurer on every filing since 2019; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Morris E. Foster

    President & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Garrett C. Foster

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Janna Russell

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lanna Domangue

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ralston H. Foster

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ryan H. Foster

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Foster Family Foundation

How much does Foster Family Foundation give each year?

Foster Family Foundation gave $97K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $113K across 7 grants.

How large is Foster Family Foundation?

Foster Family Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $97K in qualifying distributions that year, against a required minimum of $108K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Foster Family Foundation operate?

Foster Family Foundation has awarded grants in Connecticut, Louisiana, Tennessee, Texas.

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 26, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Foster Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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