HUNTINGTON, WV
Foster Foundation Inc.
Quick Facts
- EIN
- 550359756
- Location
- HUNTINGTON, WV
- Category
- General
- Total Assets
- $43.2M
- Annual Income
- $17.3M
- IRS Ruling Year
- 1923
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Foster Foundation Inc. is a private corporation based in HUNTINGTON, WV. The foundation received its IRS ruling in 1923. It holds total assets of $43.2M. Annual income is reported at $17.3M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$14.9M
2023+2%
Total Assets
$40.6M
2023+0%
Fair Market Value
$40.6M
2023
Net Worth
$5M
2023
Grants Paid
$0
2023
Contributions
$293K
2023
Net Investment Income
$360K
2023
Distribution Amount
$0
2023
Total Giving by Year
$10.6M
11$10.9M
12$11.6M
13$11.1M
14$11.5M
15$13.1M
19$13.2M
20$14M
21$14.7M
22$14.9M
23Asset Growth
$40.5M
11$41.1M
12$46.9M
13$45.4M
14$44.3M
15$39.5M
19$40.8M
20$41.7M
21$40.5M
22$40.6M
23Investment Portfolio (2023)
Total: $2.8M
Corporate Bonds: $2.8M
Other Investments: $5.5M
Cash: $800
Corporate Bonds (34%)
Other Investments (66%)
Cash (0%)
Expense Breakdown (2023)
Depreciation$2.3M
Occupancy$862K
Pension & Benefits$819K
Interest$728K
Officer Compensation$358K
Accounting Fees$44K
Legal Fees$27K
Revenue Sources (2023)
- Other Income
- $13.9M
- Contributions
- $293K
- Dividends
- $186K
- Capital Gains (Net)
- $157K
- Gross Rents
- $18K
Financial Details (2023)
- Total Revenue
- $14.5M
- Total Expenses
- $14.9M
- Exempt Purpose Expenses
- $11.2M
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $35.6M
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2019-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica