Foster Family Private Foundation Inc is located in Wilmington, DE. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Family Private Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Foster Family Private Foundation Inc generated $79.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $89.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Foster Family Private Foundation Inc has awarded 247 individual grants totaling $1,245,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eliza Brumit Dir, VP | 1 | $0 | |
Anne Sullivan Collins Dir, VP | 1 | $0 | |
James Collins Dir, Sec, Pres | 1 | $0 | |
Mark M Foster Dir | 1 | $0 | |
Courtney Greeley Dir, VP | 1 | $0 | |
Karen Schubert Dir, VP | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,763 |
| Dividends & Interest | $77,546 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$272 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,037 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $855 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,656 |
| Total operating and administrative expenses | $29,323 |
| Contributions, gifts, grants paid | $60,500 |
| Total expenses and disbursements | $89,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $124,820 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,892,490 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Foster Family Private Foundation Inc has awarded $60,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL ADOPTION FOUNDATION PURPOSE: ICARE DOGS AND VOLUNTEER FUND | $3,000 |
ANIMAL FRIENDS HUMANE SOCIETY PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
ABUSED DEAF WOMENS ADVOCACY SERVICES PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
BUTLER COUNTY YOUTH HOCKEY ASSOCIATION PURPOSE: SAFETY EQUIPMENT FUND FOR THE MIAMI JUNIOR REDHAWKS 12U/AA/FINK TEAM AND THE GENERAL FUND | $2,500 |
CURE CMD INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
GENESIS INTERNATIONAL ORPHANAGE FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $8,000 |