The C Stephen and Frances B Foster

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

+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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $403K (80%)

North Carolina $100K (20%)

States

Massachusetts North Carolina

Cities

BostonDurhamWaltham

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

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).

Recipient	Purpose	Amount
MGH ENDOWMENT BOSTON, MA	TO SUPPORT RESEARCH	$20,000
OCULAR INFLAMMATION AND UVEITIS FOUNDATION WALTHAM, MA	TO SUPPORT RESEARCH	$125,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
C STEPHEN FOSTER MD	PRESIDENT	5	—
FRANCES B FOSTER RN	TREASURER AND CLERK	5	—

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.