The Foster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 26 grants totaling $101K. Net investment income was $104K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+0.4% YoY
Annual Giving
$101K
+34.0% YoY
Grant Count
26
+0.0% YoY
Avg Grant Size
$4K
+34.0% YoY
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.
About The Foster Family Foundation
Based on IRS filings
The Foster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 26 grants totaling $101K. Net investment income was $104K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,155,244 | $1,150,419 | $1,214,051 |
| Revenue | $127,426 | $28,467 | $106,988 |
| Expenses | $122,601 | $92,099 | $95,907 |
| Qualifying Distributions | $105,455 | $75,660 | $76,971 |
| Net Investment Income | $104,263 | $12,028 | $1,374 |
| Distributable Amount | $96,280 | $84,174 | $82,452 |
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
119 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Greens Farms Academy ($13,000), Bascom Palmer Eye Institute University of Miami Health System ($10,000), Fund of Friends Seminary ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BASCOM PALMER EYE INSTITUTE UNIVERSITY OF MIAMI HEALTH SYSTEM MIAMI, FL | PROGRAM SUPPORT | $10,000 |
| CLEVELAND CLINIC FOUNDATION CLEVELAND, OH | PROGRAM SUPPORT | $500 |
| FUND OF FRIENDS SEMINARY NEW YORK, NY | EDUCATIONAL PROGRAMS SUPPORT | $10,000 |
| GOODSPEED OPERA COMPANY EAST HADDAM, CT | PROGRAM SUPPORT | $7,500 |
| GRAND HARBOR COMMUNITY OUTREACH PROGRAM INC VERO BEACH, FL | PROGRAM SUPPORT | $2,500 |
| GREENS FARMS ACADEMY GREENS FARMS, CT | EDUCATIONAL PROGRAMS SUPPORT | $13,000 |
| HOSPITAL FOR SPECIAL SURGERY NEW YORK, NY | PROGRAM SUPPORT | $500 |
| IMPACT 100 BELLEAIR BLUFFS, FL | PROGRAM SUPPORT | $1,100 |
| KAPPA KAPPA GAMMA FOUNDATION NEW YORK, NY | PROGRAM SUPPORT | $100 |
| METROPOLITAN MUSEUM OF ART NEW YORK, NY | PROGRAM SUPPORT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES M FOSTER | TRUSTEE | — | — |
| ELENA M FOSTER | TRUSTEE | — | — |
| CHARLES M FOSTER V | TRUSTEE | — | — |
| MICHELLE F MILLER | TRUSTEE | — | — |
| CATHERINE FOSTER ELLISON | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Foster Family Foundation?
The Foster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. It holds $1.2M in total assets as of 2024.
How large is The Foster Family Foundation?
As of 2024, The Foster Family Foundation holds $1.2M in total assets with $127K in annual revenue. It awarded 26 grants totaling $101K in 2024.
Where does The Foster Family Foundation operate?
The Foster Family Foundation has awarded grants in Connecticut, Florida, North Carolina, New York, Ohio, Pennsylvania, Vermont.
What size grants does The Foster Family Foundation award?
In 2024, The Foster Family Foundation awarded 26 grants totaling $101K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Foster Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Foster Family Foundation reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Foster Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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