The C Stephen and Frances B Foster Foundation

Private foundation · Grantmaker Weston, MA EIN: 04-2776591

The C Stephen and Frances B Foster Foundation is a private foundation, based in Weston, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 7 grants totaling $147K. Net investment income was $324K.

The C Stephen and Frances B Foster Foundation at a glance

In short: The C Stephen and Frances B Foster Foundation gave $147K across 7 grants in 2025 (avg $21K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$146,695
+1.2% vs 2024
Grants made (2025)
7
+250.0% vs 2024
Average grant
$20,956
-71.1% vs 2024
Median grant
$1,057
Total assets
$1,926,391
+13.6% vs 2024
Primary geography
Massachusetts (98% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who The C Stephen and Frances B Foster Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

MGH Endowment: $125KMGH Endowment$125KOcular Inflammation and Uveitis Foundation: $15KOcular Inflammation andUveitis Foundation$15KBoston College: $3KBoston College$3KSmile Train: $1KSmile Train$1KShriners Hospital: $1KShriners Hospital$1KTunnel to Towers: $1KTunnel to Towers$1KBLSA: $1KBLSA$1K

The largest 2025 recipient was MGH Endowment ($125K). Together the top 7 received $147K.

Grant Size Distribution

12 grants across all recorded years

9<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 12 (75%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

BostonWalthamChestnut HillDurhamStaten IslandTampaWashington

How The C Stephen and Frances B Foster Foundation gives

  • Giving grew 487% from 2022 to 2025. Method
  • In 2025 it paid out 176% of its IRS minimum distribution (the 5% rule). 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$100K$200K$300K3 grants2020 0 grants2021 1 grant2022 2 grants2023 2 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $25K (2022) to $250K (2020). In 2025 it made 7 grants totaling $147K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
MGH Endowment Boston, MATo Support Research$125,000
Ocular Inflammation and Uveitis Foundation Waltham, MATo Support Research$15,000
Boston College Chestnut Hill, MATo Support Research$2,500
Smile Train Washington, DCProvides free corrective cleft surgery$1,057
Shriners Hospital Tampa, FLTo Support Research$1,051
Tunnel to Towers Staten Island, NYHelps families of 9/11first responders and veterans$1,050
BLSA Boston, MATo Educate Boston Children$1,037
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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$1,926,391$512,062$171,674$146,6957$146,695$323,975$83,440
2024$1,696,049$230,657$161,676$145,0002$145,000$242,375$92,125
2023$1,627,068$90,053$101,569$83,0002$83,000$67,604$88,520
2022$1,638,584$-48,126$45,227$25,0001$25,000$5,886$83,008
2021$1,733,703$101,977$20,263———$83,045$101,120
2020$1,659,178$109,000$267,201$250,0003—$92,997$92,865

Under IRS private-foundation payout rules, The C Stephen and Frances B Foster Foundation reported a distributable amount of $83K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The C Stephen and Frances B Foster Foundation is led by C. Stephen Foster MD, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • C. Stephen Foster MD

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Frances B. Foster RN

    Treasurer & Clerk

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 The C Stephen and Frances B Foster Foundation

How much does The C Stephen and Frances B Foster Foundation give each year?

The C Stephen and Frances B Foster Foundation gave $147K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $145K across 2 grants.

What is The C Stephen and Frances B Foster Foundation's typical grant size?

The C Stephen and Frances B Foster Foundation's median grant in 2025 was $1,057, and its average grant was $20,956, across 7 grants on its 2025 IRS Form 990-PF.

Where does The C Stephen and Frances B Foster Foundation give grants?

The C Stephen and Frances B Foster Foundation gives mostly in Massachusetts: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (2 grants).

Does The C Stephen and Frances B Foster Foundation give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on The C Stephen and Frances B Foster Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Research" (4 grants).

Who are The C Stephen and Frances B Foster Foundation's largest grantees?

The C Stephen and Frances B Foster Foundation's largest 2025 grantees include MGH Endowment ($125,000), Ocular Inflammation and Uveitis Foundation ($15,000) and Boston College ($2,500), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.

How large is The C Stephen and Frances B Foster Foundation?

The C Stephen and Frances B Foster Foundation reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $147K in qualifying distributions that year, against a required minimum of $83K (roughly 5% of its investment assets).

What is The C Stephen and Frances B Foster Foundation's EIN?

The C Stephen and Frances B Foster Foundation's EIN (Employer Identification Number) is 04-2776591. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 31, 2026)
  2. 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 The C Stephen and Frances B Foster 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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