FOSTER FAMILY FOUNDATION DTD 5241997 THE
https://N/ATotal Given 2016–2023
$3.8M
8 grants · $474K avg/year
based on 8 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$204K
typical big bets · $110K–$1.0M
grant size
17%
balanced · 1/6 multi-year
repeat
$8.4M
Assets · 2021
6
Distinct recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
3126306000
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $1.5M | $5.7M | $-362K | 1 |
| 2020 | $394K | $8.2M | $468K | 4 |
| 2021 | $1.0M | $8.4M | $716K | 1 |
| 2022 | $650K | $6.7M | $339K | 1 |
| 2023 | $250K | $7.5M | $181K | 1 |
Grant Size Distribution
Based on 8 grants on record
Minimum
$25K
25th Pctl
$110K
Median
$204K
Average
$474K
75th Pctl
$1.0M
Maximum
$1.5M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| NORTHERN TRUST COMPANY | TRUSTEE | $31K |
| ROBERT C FOSTER JR | TRUSTEE | — |
| BRIAN C FOSTER | TRUSTEE | — |
| PHYLLIS FOSTER | TRUSTEE | — |
| PHYLLIS L FOSTER | TRUSTEE | — |
| DOUGLAS COOK | TRUST OFFICE | — |
Grants Awarded (8 total)
| Purpose | ||||
|---|---|---|---|---|
| MUNSON HEALTHCARE FOUNDATION | TRAVERSE CITY, MI | $1,500,000 | HEALTH CENTER RENOVATION PROJECT | 2016 |
| TRAVERSE CITY YMCA | TRAVERSE CITY, MI | $1,000,000 | GENERAL | 2021 |
| MUNSON HEALTHCARE FOUNDATION | TRAVERSE CITY, MI | $650,000 | GENERAL | 2022 |
| MUNSON HEALTHCARE FOUNDATION | TRAVERSE CITY, MI | $250,000 | GENERAL | 2023 |
| PAUL OLIVER MEMORIAL HOSPITAL | FRANKFORT, MI | $159,000 | GENERAL | 2020 |
| INTERLOCHEN CENTER FOR THE ARTS | INTERLOCHEN, MI | $110,000 | GENERAL | 2020 |
| BENZIE AREA CHRISTIAN NEIGHBORS | BENZONIA, MI | $100,000 | GENERAL | 2020 |
| ST PHILIP'S CHURCH | BEULAH, MI | $25,000 | GENERAL | 2020 |