Foster Family Charitable Foundation
- Assets
- $0.0
- Revenue
- $2.8m
- Investments
- $28.8m
- Employees
- 0
- Location
- Stockton, CA
- Founding
- 01/2015
- Data as of
- 06/2021
- EIN
- 47-1476998
Organization Overview
Foster Family Charitable Foundation is located in Stockton, CA. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Family Charitable 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 06/2021, Foster Family Charitable Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $2.3m during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Foster Family Charitable Foundation has awarded 138 individual grants totaling $11,427,721. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Scott Foster MD President & Treasurer | 20 | $100,000 | |
Ryan Foster Secretary | 20 | $60,000 | |
Cynthia Foster Director | 16 | $35,000 | |
Nicole Foster Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bowman & Company Llp | 6/29/18 | $52,725 |
Neuberger Berman | 6/29/18 | $233,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $411,342 |
| Dividends & Interest | $278,546 |
| Profit on Inventory Sales | $0 |
| Other Income | -$22,004 |
| Total Revenue | $2,797,877 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $195,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $575,850 |
| Contributions, gifts, grants paid | $1,708,802 |
| Total expenses and disbursements | $2,284,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Foster Family Charitable Foundation has awarded $1,800,496 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S MUSEUM OF STOCKTON PURPOSE: CHARITABLE | $2,000 |
COUNCIL FOR CHILDREN WITH BEHAVIORAL DISORDERS PURPOSE: CHARITABLE | $300 |
CHILDREN'S EYE FOUNDATION OF AAPOS PURPOSE: CHARITABLE | $50,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: CHARITABLE | $1,000 |
LOEL FOUNDATION PURPOSE: CHARITABLE | $62,000 |
FEATHER RIVER LAND TRUST PURPOSE: CHARITABLE | $138,538 |