Forster Foundation Inc

Organization Overview

Forster Foundation Inc is located in Boynton Beach, FL. The organization was established in 2015. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forster 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 12/2022, Forster Foundation Inc generated $322.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $289.9k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROMOTES ITS OPERATIONS AS THE MIRACLE MISSION. DURING 2022 THE FOUNDATION INITIATED ITS SHOE BY SHOE NATIONAL PROGRAM PROVIDING SHOES AND SOCKS TO NEEDY CHILDREN THROUGHOUT FLORIDA; 38,000 PAIRS OF SHOES ANS 50,000 PAIRS OF SOCKS WERE DISTRIBUTED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION SUPPORTS OTHER CHARITABLE ORGANIZATIONS THAT HAVE THE MISSION OF ASSISTING THOSE IN NEED OF NUTRITION AND MEDICAL AIDS SUCH AS WHEEL CHAIRS AND OTHER DEVICES FOR THE DISABLED. THE FOUNDATION PROMOTES ITS OPERATIONS AS THE MIRACLE MISSION


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$320,075
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$320,075
Total Program Service Revenue$0
Investment income $2,126
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $322,201

Grants Awarded

Over the last fiscal year, Forster Foundation Inc has awarded $116,110 in support to 4 organizations.

Grant RecipientAmount

HOPE HAVEN INTERNATIONAL

PURPOSE: MEDICAL AIDS

$69,810

NEVE MICHAEL CHILDRENS VILLAGE

Org PageRecipient Profile

Pembroke Pines, FL

PURPOSE: GENERAL SUPPORT

$35,000

HARVEST OF ISRAEL

Org PageRecipient Profile

Morristown, TN

PURPOSE: GENERAL SUPPORT

$6,300

FIST BAPTIST CHURCH OF MORRISTOWN

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Forster Foundation Inc has recieved totaling $42.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$42
View Grant Recipient Profile

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