The Foster Family Foundation

Private foundation · Grantmaker Vero Beach, FL EIN: 35-6801625

The Foster Family Foundation is a private foundation based in Vero Beach, Florida. Its 2024 grants supported organizations in education, the arts, health care, emergency services, and community outreach.

The Foster Family Foundation at a glance

In short: The Foster Family Foundation gave $101K across 26 grants in 2024 (avg $4K), top state Connecticut. 15% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$101,365
+34.0% vs 2023
Grants made (2024)
26
+0.0% vs 2023
Average grant
$3,899
+34.0% vs 2023
Median grant
$2,500
Total assets
$1,155,244
+0.4% vs 2023
New grantees (estimate)
15% first-time grantees (4 of 26, 2024)
Primary geography
Connecticut (39% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Foster Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 505 Beachland Blvd PO Box 1-279, Vero Beach, FL 32963-1710
Phone: (203) 227-1006

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Foster Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Greens Farms Academy: $13KGreens Farms Academy$13KBascom Palmer Eye Institute University of Miami Health System: $10KBascom Palmer Eye InstituteUniversity of Miami Health…$10KFund of Friends Seminary: $10KFund of Friends Seminary$10KMiddlebury College: $10KMiddlebury College$10KThe Metropolitan Opera: $9KThe Metropolitan Opera$9KGoodspeed Opera Company: $8KGoodspeed Opera Company$8KThe Fund for Yale New Haven Hospital: $8KThe Fund for Yale New HavenHospital$8KWestport Volunteer EMS: $5KWestport Volunteer EMS$5KYale University: $5KYale University$5KThe Vero Beach Museum of Art: $3KThe Vero Beach Museum of Art$3K

The largest 2024 recipient was Greens Farms Academy ($13K). Together the top 10 received $79K.

Grant Size Distribution

119 grants across all recorded years

119<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 119 grants of 119 (100%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars went primarily to organizations in Connecticut (39%), New York (25%), and Florida (20%), followed by Vermont (10%) and Pennsylvania (4%).

Grant Distribution by State

7states

Share of 2024 grant dollars across all 26 itemized grants.

Cities

New YorkVero BeachNew HavenPhiladelphiaWestportBoca RatonDurhamEast HaddamGreens FarmsMiamiMiddleburyWest Palm BeachBridgeportClevelandBelleair BluffsBrooklynStaten Island

Is The Foster Family Foundation open to new grantees?

15%

first-time grantees, 2024

In 2024, 4 of 26 grantees (15%) were first-time recipients. First grants averaged $900; repeat grants $4K. How we count

Medians: $1K first-time, $3K repeat.

  • 81% of 2024 grantees were also funded in 2023. Method
  • Giving grew 46% from 2021 to 2024. Method
  • In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K20 grants2020 25 grants2021 22 grants2022 26 grants2023 26 grants2024

From 2020 to 2024, annual grant giving ranged from $58K (2020) to $101K (2024). In 2024 it made 26 grants totaling $101K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Greens Farms Academy Greens Farms, CTEducational Programs Support$13,000
Bascom Palmer Eye Institute University of Miami Health System Miami, FLProgram Support$10,000
Fund of Friends Seminary New York, NYEducational Programs Support$10,000
Middlebury College Middlebury, VTEducational Programs Support - Annual Giving$10,000
The Metropolitan Opera New York, NYProgram Support$8,500
Goodspeed Opera Company East Haddam, CTProgram Support$7,500
The Fund for Yale New Haven Hospital New Haven, CTProgram Support$7,500
Westport Volunteer EMS Westport, CTProgram Support$5,000
Yale University New Haven, CTEducational Programs Support$4,500
The Vero Beach Museum of Art Vero Beach, FLProgram Support$3,000
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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
2024$1,155,244$127,426$122,601$101,36526$105,455$104,263$96,280
2023$1,150,419$28,467$92,099$75,66026$75,660$12,028$84,174
2022$1,214,051$106,988$95,907$75,30022$76,971$1,374$82,452
2021$1,176,308$387,213$83,646$69,66025$76,616$269,556$74,871
2020$896,894$109,800$69,349$58,16020—$17,975$57,020

Under IRS private-foundation payout rules, The Foster Family Foundation reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s grants include educational-program and general program support. Among its grantees, Greens Farms Academy describes its mission as preparing students for “a life of purpose”; the Metropolitan Museum of Art says it connects people to creativity, knowledge, and ideas through art; and Vero Beach Opera says it encourages and supports opera in Indian River County, Florida. Other grantees include a hospital fund, an eye institute, volunteer emergency medical services, and a community outreach program.

Grantmaking

In 2024, the foundation reported 26 grants totaling $101,365. Grants ranged from $100 to $13,000, with a median of $2,500. The largest grants included $13,000 to Greens Farms Academy for educational programs support; $10,000 each to Bascom Palmer Eye Institute University of Miami Health System for program support, Fund of Friends Seminary for educational programs support, and Middlebury College for educational programs support; and $8,500 to the Metropolitan Opera for program support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists five trustees: Charles M Foster, Elena M Foster, Charles M Foster V, Michelle F Miller, and Catherine Foster Ellison.

The Foster Family Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Catherine Foster Ellison

    Trustee

    On filings since 2020

    No compensation reported

  • Charles M. Foster

    Trustee

    On filings since 2020

    No compensation reported

  • Charles M. Foster V

    Trustee

    On filings since 2020

    No compensation reported

  • Elena M. Foster

    Trustee

    On filings since 2020

    No compensation reported

  • Michelle F. Miller

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Foster Family Foundation

How much does The Foster Family Foundation give each year?

The Foster Family Foundation gave $101K across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $76K across 26 grants.

What is The Foster Family Foundation's typical grant size?

The Foster Family Foundation's median grant in 2024 was $2,500, and its average grant was $3,899, across 26 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Foster Family Foundation that year got $900 on average.

Where does The Foster Family Foundation give grants?

The Foster Family Foundation's top state is Connecticut, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (25%) and Florida (20%). The most frequent recipient cities were New York, NY (6 grants), New Haven, CT (3 grants), Vero Beach, FL (3 grants) and Westport, CT (2 grants).

Does The Foster Family Foundation give general operating support?

Occasionally: 4% of The Foster Family Foundation's 2024 grants with a stated purpose (1 of 26) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Program Support" (19 grants) and "Educational Programs Support" (5 grants).

Who are The Foster Family Foundation's largest grantees?

The Foster Family Foundation's largest 2024 grantees include Greens Farms Academy ($13,000), Bascom Palmer Eye Institute University of Miami Health System ($10,000) and Fund of Friends Seminary ($10,000), according to its 2024 IRS Form 990-PF. Together they received 33% of its itemized 2024 grant dollars.

How large is The Foster Family Foundation?

The Foster Family Foundation reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $96K (roughly 5% of its investment assets).

What does The Foster Family Foundation fund?

The foundation’s grants include educational-program and general program support. See mission & focus areas ↑

How do I apply for a grant from The Foster Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Foster Family Foundation's EIN?

The Foster Family Foundation's EIN (Employer Identification Number) is 35-6801625. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Foster Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Foster Family Foundation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/the-foster-family-foundation-morg_4212af5375234938bb6cf39691cfb8a8

BibTeX
@misc{grantable_356801625_2026,
  author       = {{Grantable}},
  title        = {{The Foster Family Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-foster-family-foundation-morg_4212af5375234938bb6cf39691cfb8a8},
  note         = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Foster Family 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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