The Kent and Joann Foster Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 7 grants totaling $587K. Net investment income was $591K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
-0.0% YoY
Annual Giving
$587K
+1.4% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$84K
+30.4% YoY
Under IRS private-foundation payout rules, The Kent and Joann Foster Family reported a distributable amount of $482K for 2024 — the minimum it must pay out in qualifying distributions.
About The Kent and Joann Foster Family
Based on IRS filings
The Kent and Joann Foster Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 7 grants totaling $587K. Net investment income was $591K.
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 | $7,331,246 | $7,333,473 | $7,683,278 |
| Revenue | $702,000 | $339,844 | $573,640 |
| Expenses | $704,227 | $689,649 | $815,213 |
| Qualifying Distributions | $593,405 | $584,155 | $734,996 |
| Net Investment Income | $591,178 | $241,350 | $504,423 |
| Distributable Amount | $482,335 | $445,271 | $470,912 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ut Southwestern Medical Center ($500,000), Mary Immaculate Catholic Church ($50,000), Prince of Peace Catholic Church ($27,300).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL SAINTS CATHOLIC CHURCH DALLAS, TX | TO SUPPORT GENERAL OPERATIONS | $9,850 |
| FAIR HOPE HOSPICE LANCASTER, OH | TO SUPPORT GENERAL OPERATIONS | $100 |
| GARY SINISE FOUNDATION NASHVILLE, TN | TO SUPPORT GENERAL OPERATIONS | $100 |
| MARY IMMACULATE CATHOLIC CHURCH FARMERS BRANCH, TX | TO SUPPORT GENERAL OPERATIONS | $50,000 |
| PRINCE OF PEACE CATHOLIC CHURCH PLANO, TX | TO SUPPORT GENERAL OPERATIONS | $27,300 |
| SALVATORIANS MEMORIAL MASSE MILWAUKEE, WI | TO SUPPORT GENERAL OPERATIONS | $35 |
| UT SOUTHWESTERN MEDICAL CENTER DALLAS, TX | TO SUPPORT GENERAL OPERATIONS | $500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENT FOSTER | PRESIDENT & TREASURER | 1 | — |
| JOANN FOSTER | VICE-PRESIDENT & SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Kent and Joann Foster Family?
The Kent and Joann Foster Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $7.3M in total assets as of 2024.
How large is The Kent and Joann Foster Family?
As of 2024, The Kent and Joann Foster Family holds $7.3M in total assets with $702K in annual revenue. It awarded 7 grants totaling $587K in 2024.
Where does The Kent and Joann Foster Family operate?
The Kent and Joann Foster Family has awarded grants in California, Illinois, Missouri, North Carolina, New York, Ohio, Tennessee, Texas, Wisconsin.
What size grants does The Kent and Joann Foster Family award?
In 2024, The Kent and Joann Foster Family awarded 7 grants totaling $587K — an average of about $84K per grant, based on its IRS Form 990 filings.
How much is The Kent and Joann Foster Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kent and Joann Foster Family reported a distributable amount of $482K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kent and Joann Foster Family's EIN?
The Kent and Joann Foster Family's EIN (Employer Identification Number) is 26-1564242. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Kent and Joann Foster Family'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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