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Foster Charitable Trust 010296 is a private trust based in RCH PALOS VRD, CA. The foundation received its IRS ruling in 1997. The principal officer is Deutsche Bank Trust Co Na. It holds total assets of $16.4M. Annual income is reported at $15.4M. Total assets have decreased from $3.8M in 2011 to $1.5M in 2023. The foundation is governed by 2 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 2015 to 2023. The foundation primarily funds organizations in California and Michigan. According to available records, Foster Charitable Trust 010296 has made 33 grants totaling $1.2M, with a median grant of $10K. The foundation has distributed between $541K and $649K annually from 2020 to 2022. Individual grants have ranged from $500 to $400K, with an average award of $36K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in California, Colorado, Michigan, which account for 85% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$27K
Largest Grant
$250K
Based on 20 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.
Foster Charitable Trust 010296 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in CA, CO, MI.
Foster Charitable Trust 010296 has distributed a total of $1.2M across 33 grants. The median grant size is $10K, with an average of $36K. Individual grants have ranged from $500 to $400K.
Foster Charitable Trust 010296 typically selects its grantees rather than accepting unsolicited proposals.
Foster Charitable Trust 010296 is headquartered in RCH PALOS VRD, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gina Foster | TRUSTEE | $0 | $0 | N/A |
| Robert Foster | TRUSTEE | $0 | $0 | N/A |
Total Giving
$274K
Total Assets
$1.5M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$258K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$35K
Total Grants
33
Total Giving
$1.2M
Average Grant
$36K
Median Grant
$10K
Unique Recipients
26
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys & Girls ClubGEN EXEMPT | Los Angeles, CA | $50K | 2022 |
| Notre Dame AcademyGEN EXEMPT | Los Angeles, CA | $6K | 2020 |
| Loyola High SchoolGEN EXEMPT | Los Angeles, CA | $400K | 2022 |
| Feed My PoorGEN EXEMPT | Beverly Hills, CA | $50K | 2022 |
| University Of San FranciscoGEN EXEMPT | San Francisco, CA | $25K | 2022 |
| Mary Star Of The Sea High SchoolGEN EXEMPT | San Pedro, CA | $25K | 2022 |
| Marc Leon MinistriesGEN EXEMPT | Whittier, CA | $25K | 2022 |
| Cu BoulderGEN EXEMPT | Boulder, CO | $23K | 2022 |
| Holy Trinity ChurchGEN EXEMPT | San Pedro, CA | $15K | 2022 |
| Net MinistriesGEN EXEMPT | St Paul, MN | $10K | 2022 |
| University Of ChicagoGEN EXEMPT | Chicago, IL | $9K | 2022 |
| St Edward SchoolGEN EXEMPT | Corona, CA | $8K | 2022 |
| Calvin UniversityGEN EXEMPT | Grand Rapids, MI | $5K | 2022 |
| UclaGEN EXEMPT | Los Angeles, CA | $4K | 2022 |
| Holy Family ChurchGEN EXEMPT | Glendale, CA | $36K | 2020 |
| Holy Trinity SchoolGEN EXEMPT | San Pedro, CA | $35K | 2020 |
| Azusa Pacific UniversityGEN EXEMPT | Azusa, CA | $12K | 2020 |
| University Of MichiganGEN EXEMPT | Ann Arbor, MI | $10K | 2020 |
| University Of UtahGEN EXEMPT | Salt Lake City, UT | $8K | 2020 |
| Uc RegentsGEN EXEMPT | Oakland, CA | $4K | 2020 |
| Cal Poly PomonaGEN EXEMPT | Pomona, CA | $4K | 2020 |
| Christ CathedralGEN EXEMPT | Lubbock, TX | $4K | 2020 |
| Mount St Mary'SGEN EXEMPT | Los Angeles, CA | $2K | 2020 |
| Maria'S ClosetGEN EXEMPT | San Pedro, CA | $1K | 2020 |
| Casa De Los AngelitosGEN EXEMPT | Harbor City, CA | $1K | 2020 |
| Dexter United Methodist ChurchGEN EXEMPT | Dexter, MI | $500 | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA