Overview
The Foster Foundation, based in Brookneal, Virginia, is a philanthropic organization with assets totaling approximately $12.99 million. The foundation's annual expenses are around $790,761, while its revenue is about $310,838. The foundation supports a wide range of cities primarily in Virginia, but also extends its funding to several other states including Alabama, Arizona, and Texas. The foundation is managed by three trustees: Watt R. Foster Jr., Jennifer B. Foster, and Katherine F. Rolfe, all of whom serve without compensation. The foundation's website is foster-foundation.org.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $13,472,091 in 2023
469 grants awarded in 2024
Of total expenses go to programs
Grants
Amount | Recipient | Purpose | Location | Year | |
|---|---|---|---|---|---|
| $50,000 | Centra Foundation | Operational expenses | 1920 Atherholt Road Lynchburg, VA US | 2022 | |
| $50,000 | CENTRA FOUNDATION | CONTRIBUTION | 1920 ATHERHOLT ROAD LYNCHBURG, VA US | 2023 | |
| $25,000 | Centra Foundation | 2021 Centra Society Sponsorship Commitment | 1920 Atherholt Road Lynchburg, VA US | 2022 | |
| $25,000 | CARILION CLINIC | DONATION FOR CANCER CENTER | PO BOX 12187 ROANOKE, VA US | 2023 | |
| $25,000 | CENTRA FOUNDATION | 2022 CENTRA SOCIETY CORPORATE SPONSORSHIP - PATRON CLUB | 1920 ATHERHOLT ROAD LYNCHBURG, VA US | 2023 | |
| $25,000 | CENTRA FOUNDATION | 2023 SPONSORSHIP COMMITMENT | 1920 ATHERHOLT ROAD LYNCHBURG, VA US | 2024 | |
| $20,000 | The Academy Center of the Arts | Operational expenses | 600 Main Street Lynchburg, VA US | 2022 | |
| $20,000 | YMCA of Central Virginia | Pledge / 1st of 5 Contribution | P O Box 620 Lynchburg, VA US | 2022 | |
| $20,000 | DUKE UNIVERSITY SCHOOL OF NURSING | PLEDGE / 1ST PAYMENT OF 5 | 300 W MORGAN STREET SUITE 1200 DURHAM, NC US | 2023 | |
| $20,000 | HAMPDEN-SYDNEY COLLEGE | PLEDGE / 1ST PAYMENT OF 5 | 172 VIA SACRA HAMPDENSYDNEY, VA US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
WRFJ WATT R FOSTER JR | TRUSTEE | $0 | 2022 |
JBF JENNIFER B FOSTER | TRUSTEE | $0 | 2022 |
KFR KATHERINE F ROLFE | TRUSTEE | $0 | 2022 |
WRFJ WATT R FOSTER JR | TRUSTEE | $0 | 2023 |
JBF JENNIFER B FOSTER | TRUSTEE | $0 | 2023 |
WATT R FOSTER JR
TRUSTEE
JENNIFER B FOSTER
TRUSTEE
KATHERINE F ROLFE
TRUSTEE
WATT R FOSTER JR
TRUSTEE
JENNIFER B FOSTER
TRUSTEE
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024