The C Stephen and Frances B Foster

Foundation · Grantmaker WESTON, MA EIN: 04-2776591

The C Stephen and Frances B Foster is a private foundation, based in WESTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $145K. Net investment income was $242K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+4.2% YoY

Annual Giving

$145K

+74.7% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$73K

+74.7% YoY

Under IRS private-foundation payout rules, The C Stephen and Frances B Foster reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.

About The C Stephen and Frances B Foster

Based on IRS filings

The C Stephen and Frances B Foster is a private foundation, based in WESTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $145K. Net investment income was $242K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonDurhamWaltham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$73K$147K$220K$294K20202021202220232024
Metric202420232022
Total Assets$1,696,049$1,627,068$1,638,584
Revenue$230,657$90,053$-48,126
Expenses$161,676$101,569$45,227
Qualifying Distributions$145,000$83,000$25,000
Net Investment Income$242,375$67,604$5,886
Distributable Amount$92,125$88,520$83,008

Giving Over Time

Total grant dollars and number of grants per year

$0$63K$125K$188K$250K3 grants20200 grants20211 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

OCULAR INFLAMMATION AND …$125KMGH ENDOWMENT$20K

Grant Size Distribution

8 grants across all recorded years

3<$50K2$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ocular Inflammation and Uveitis Foundation ($125,000), Mgh Endowment ($20,000).

RecipientPurposeAmount
MGH ENDOWMENT BOSTON, MATO SUPPORT RESEARCH$20,000
OCULAR INFLAMMATION AND UVEITIS FOUNDATION WALTHAM, MATO SUPPORT RESEARCH$125,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
C STEPHEN FOSTER MDPRESIDENT5
FRANCES B FOSTER RNTREASURER AND CLERK5

Frequently Asked Questions

How large is The C Stephen and Frances B Foster?

As of 2024, The C Stephen and Frances B Foster holds $1.7M in total assets with $231K in annual revenue. It awarded 2 grants totaling $145K in 2024.

Where does The C Stephen and Frances B Foster operate?

The C Stephen and Frances B Foster has awarded grants in Massachusetts, North Carolina.

What size grants does The C Stephen and Frances B Foster award?

In 2024, The C Stephen and Frances B Foster awarded 2 grants totaling $145K — an average of about $73K per grant, based on its IRS Form 990 filings.

How much is The C Stephen and Frances B Foster required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The C Stephen and Frances B Foster reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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

The C Stephen and Frances B Foster's EIN (Employer Identification Number) is 04-2776591. IRS Form 990 filing data is available on this page for 2020–2024.

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

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