The John H Foster Foundation
- Assets
- $763.6k
- Revenue
- $5.0k
- Investments
- $565.0k
- Employees
- 0
- Location
- Mount Juliet, TN
- Founding
- 08/1985
- Data as of
- 12/2023
- EIN
- 13-3249353
Organization Overview
The John H Foster Foundation is located in Mount Juliet, TN. The organization was established in 1985. 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. John H Foster Foundation 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, John H Foster Foundation generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (41.7%) each year. All expenses for the organization totaled $9.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (35.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, John H Foster Foundation has awarded 15 individual grants totaling $1,157,080. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John H Foster President/director | 0 | $0 | |
Stephen C Curley ESQ Treasurer/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,960 |
| Dividends & Interest | $3,534 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$532 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,962 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $114 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,883 |
| Total operating and administrative expenses | $9,947 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $9,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $198,602 |
| 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 | $564,977 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $763,579 |
| 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 |
Grants Awarded
Over the last fiscal year, The John H Foster Foundation has awarded $253,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ASIA SOCIETY PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $200,000 |
ASIAN CULTURAL COUNCIL PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $50,000 |
PALM BEACH CIVIC ASSOCIATION PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $3,000 |