Lester E Foster & Phyllis M Foster
The Lester E Foster and Phyllis M Foster Foundation is a private foundation based in Hampton, Connecticut. The foundation makes grants to organizations across Connecticut, with a focus on education, human services, and philanthropic support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$232K
-20.7% YoY
Annual Giving
$83K
-51.9% YoY
Grant Count
14
+27.3% YoY
Avg Grant Size
$6K
-62.2% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation awarded a grant of $59,650 to the Greater Hartford Festival of Jazz in 2023 for general financial assistance.
Grant Range
$250–$332,250
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Connecticut.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $292,355
- Total Giving: $172,650
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $231,787 | $292,355 | $449,539 |
| Revenue | $20,370 | $-6,038 | $347,264 |
| Expenses | $83,835 | $177,850 | $2,082,328 |
| Qualifying Distributions | $83,035 | $172,650 | $2,074,231 |
| Net Investment Income | $15,741 | $12,538 | $316,357 |
| Distributable Amount | $11,417 | $15,217 | $71,169 |
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID FOSTER | TRUSTEE | 1 | — |
| MARK FOSTER | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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