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Forster Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2006. The principal officer is Foundation Source. It holds total assets of $3M. Annual income is reported at $1.4M. Total assets have grown from $628K in 2011 to $3M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in California. According to available records, Forster Family Foundation Inc. has made 35 grants totaling $1.4M, with a median grant of $11K. The foundation has distributed between $462K and $509K annually from 2021 to 2023. Individual grants have ranged from $2K to $231K, with an average award of $41K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in California and New Jersey and Vermont. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$24K
Average Grant
$43K
Largest Grant
$200K
Based on 10 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 Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in CA, NJ, VT.
Forster Family Foundation Inc. has distributed a total of $1.4M across 35 grants. The median grant size is $11K, with an average of $41K. Individual grants have ranged from $2K to $231K.
Forster Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Forster Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nancy Forster | Dir, VP | $0 | $0 | N/A |
| Kyle Forster | Dir, VP | $0 | $0 | N/A |
| Bret Forster | Dir, VP | $0 | $0 | N/A |
| Patrick Forster | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$561K
Total Assets
$3M
Fair Market Value
$3.5M
Net Worth
$3M
Grants Paid
$509K
Contributions
N/A
Net Investment Income
$43K
Distribution Amount
$160K
Total Grants
35
Total Giving
$1.4M
Average Grant
$41K
Median Grant
$11K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| J Paul Getty TrustGCI Council Annual Fund | Los Angeles, CA | $25K | 2023 |
| Preserve Community FoundationGeneral & Unrestricted | Carmel, CA | $200K | 2023 |
| Glaucoma Research FoundationTable Sponsor, Fund a Scientist, and Capital Campaign | San Francisco, CA | $100K | 2023 |
| Stanford UniversityThe Research Fund for Dr Kristen Steenerson | Stanford, CA | $50K | 2023 |
| San Francisco Museum Of Modern ArtGeneral & Unrestricted | San Francisco, CA | $50K | 2023 |
| California College Of The ArtsGeneral & Unrestricted and Gala Fund | San Francisco, CA | $31K | 2023 |
| Protestant Episcopal Church In The Diocese Of CaliCathedral School for Boys Strategic Vision Campaign | San Francisco, CA | $10K | 2023 |
| Hamlin SchoolHamlin Capital Campaign | San Francisco, CA | $10K | 2023 |
| Meals On Wheels Of San Francisco IncGeneral & Unrestricted | San Francisco, CA | $10K | 2023 |
| Trustees Of Princeton UniversityPrinceton Annual Giving Fund, Class of '99 | Princeton, NJ | $6K | 2023 |
| President & Fellows Of Middlebury CollegeAlumni Fund | Middlebury, VT | $5K | 2023 |
| Pollinator PartnershipGeneral & Unrestricted | San Francisco, CA | $2K | 2023 |
| Protestant Episcopal Church In The Diocese Of CaGeneral & Unrestricted | San Francisco, CA | $11K | 2022 |
| Childrens Hospital & Research Center FoundationGeneral & Unrestricted | San Francisco, CA | $10K | 2022 |