Foster Foundation

GRAND RAPIDS, MI EIN: 38-0831533

Foster Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $30K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$30K

+79.0% YoY

Grant Count

1

-94.1% YoY

Avg Grant Size

$30K

+2942.5% YoY

Under IRS private-foundation payout rules, Foster Foundation reported a distributable amount of $1K for 2021 — the minimum it must pay out in qualifying distributions.

About Foster Foundation

Based on IRS filings

Foster Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AllendaleAlmaEast LansingGrand RapidsJacksonMarquette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$21K$31K$41K20202021
Metric20212020
Total Assets$37,748
Revenue$-140$31,375
Expenses$37,609$28,919
Qualifying Distributions
Net Investment Income
Distributable Amount$1,239$1,600

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K17 grants20201 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

GRAND RAPIDS COMM COLLEG…$30K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Grand Rapids Comm College Fdn ($30,425).

RecipientPurposeAmount
GRAND RAPIDS COMM COLLEGE FDN GRAND RAPIDS, MIEDUCATION$30,425

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
KARLY JOHNSEXECUTIVE DIRECTOR10
GERALYN M PASIPRESIDENT1
DAN VANDYKEDIRECTOR1
ROB FRANCIOSIDIRECTOR1
JULIANNE VANDENWYNGAARDDIRECTOR1
GAYLE DAVISDIRECTOR1
ROBERT VANDONGENDIRECTOR1

Frequently Asked Questions

Where does Foster Foundation operate?

Foster Foundation has awarded grants in Michigan, Mississippi.

What size grants does Foster Foundation award?

In 2021, Foster Foundation awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2021, Foster Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Foster Foundation's EIN?

Foster Foundation's EIN (Employer Identification Number) is 38-0831533. IRS Form 990 filing data is available on this page for 2020–2021.

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

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