Foster
- Assets
- $110.8k
- Revenue
- $453.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 82-5380849
Organization Overview
Foster is located in Madison, WI. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 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 12/2021, Foster generated $453.6k in total revenue. All expenses for the organization totaled $410.8k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE STABILITY/ABILITY FOR STRONG, SUCCESSFUL, AND THRIVING BLACK FAMILIES WHO ARE RAISING HEALTHY AND SUCCESSFUL CHILDREN, SUPPORTING THEIR FAMILIES, AND WHO ENGAGE IN THEIR COMMUNITIES IN MEANINGFUL WAYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A VARIETY OF COMMUNITY SERVICES INCLUDING: FOOD, CLOTHING, HELP WITH ESSENTIAL HOUSEHOLD ITEMS, AND IN SOME CASES MEDICATION COPAYS AND TRANSPORTATION COSTS. WE ALSO SOMETIMES ASSIST WITH RENT, SECURITY DEPOSITS, UTILITIES, AND OTHER NEEDS ON A CASE BY CASE BASIS TO ENSURE THE FAMILIES IN OUR COMMUNITY HAVE THEIR BASIC NEEDS MET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacquelyn Hunt Founder | Trustee | 40 | $96,250 |
Sue Cotton Member | Trustee | 5 | $0 |
Carlotta Calmese Member | Trustee | 5 | $0 |
Jane Sadusky Member | Trustee | 5 | $0 |
Tracy Russell Member | Trustee | 5 | $0 |
Annie Weatherby Flowers Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $207,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $275,706 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $483,591 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$30,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $453,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $178,023 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $96,250 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $33,748 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,000 |
| All other expenses | $0 |
| Total functional expenses | $410,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,838 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,761 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $110,761 |
| Total liabilities and net assets/fund balances | $110,761 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Foster has recieved totaling $223,374.
| Awarding Organization | Amount |
|---|---|
Urban Triage Madison, WI PURPOSE: COVID19 DANE COUNTY COLLABORATION OF BLACK SERVICE PROVIDERS | $103,944 |
United Way Of Dane County Inc Madison, WI PURPOSE: Donor Designation for General Support | $57,430 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $50,000 |
Dane Buy Local Foundation Inc Madison, WI PURPOSE: COVID RELIEF | $7,000 |
Human Family Unity Foundation Chicago, IL PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Catholic Charities Of The Archdiocese Of St Paul & Mpls St Paul, MN | $180,924,652 | $74,331,650 |
Hawkeye Area Community Action Program Inc Hiawatha, IA | $14,892,193 | $63,434,127 |
Northeast Michigan Community Service Agency Inc Alpena, MI | $18,757,719 | $61,175,867 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Oakland Livingston Human Service Agency Pontiac, MI | $13,027,900 | $40,800,569 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |