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Also known as: C/O PETER FORSTER
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Forster Family Foundation is a private corporation based in HUME, VA. The foundation received its IRS ruling in 2004. The principal officer is Peter C Forster. It holds total assets of $16.6M. Annual income is reported at $5.9M. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. The foundation primarily funds organizations in District of Columbia, Maryland and Virginia. According to available records, Forster Family Foundation has made 122 grants totaling $12.2M, with a median grant of $50K. The foundation has distributed between $2.5M and $4.1M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $4.1M distributed across 50 grants. Individual grants have ranged from $10K to $500K, with an average award of $100K. The foundation has supported 47 unique organizations. The foundation primarily supports organizations in District of Columbia, Maryland, Virginia, which account for 72% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$100K
Average Grant
$117K
Largest Grant
$400K
Based on 22 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Forster Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 122 grants. Its grantmaking reaches organizations primarily in DC, MD, VA.
Forster Family Foundation has distributed a total of $12.2M across 122 grants. The median grant size is $50K, with an average of $100K. Individual grants have ranged from $10K to $500K.
Forster Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Forster Family Foundation is headquartered in HUME, VA. While based in VA, the foundation distributes grants to organizations across 12 states.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Grants
122
Total Giving
$12.2M
Average Grant
$100K
Median Grant
$50K
Unique Recipients
47
Most Common Grant
$50K
of 2023 grantees were first-time recipients
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.