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Filing year 2024

THE FORSTER FAMILY FOUNDATION

Hume, Virginia·EIN 20-1512250·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$880k
Total assets
$16.6M
Total expenses
$2.1M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE FORSTER FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President/treasurer
Vp/secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2M

Itemized grants

16

Median grant

$75k

RecipientLocationPurposeAmount
AUSTIN COLLEGESHERMAN, TXCHARITABLE$500k
ARCHBISHOP CARROLL HIGH SCHOOLWASHINGTON, DCCHARITABLE$400k
CATHOLIC EXTENSIONCHICAGO, ILCHARITABLE$200k
ELIZABETH SETON HIGH SCHOOLBLADENSBURG, MDCHARITABLE$150k
PRESBYTERIAN CHURCH OF JACKSON HOLEJACKSON, WYCHARITABLE$150k
VIENNA PRESBYTERIAN CHURCHWVIENNA, VACHARITABLE$150k
AMERICAN PRECISION MUSEUMWINDSOR, VTCHARITABLE$100k
EVERGREEN CHRISTIAN SCHOOLLEESBURG, VACHARITABLE$75k
IONA HOUSEWASHINGTON, DCCHARITABLE$75k
THE EPISCOPAL CHURCH OF LEEDS PARISHMARKHAM, VACHARITABLE$55k
COMMUNITIES IN SCHOOLSWASHINGTON, DCCHARITABLE$50k
FAUQUIER COUNTY FOOD BANKWARRENTON, VACHARITABLE$30k
THE FATHER MCKENNA CENTER INCWASHINGTON, DCCHARITABLE$25k
THE METROPOLITAN CLUB PRESERVATION FOUNDATIONWASHINGTON, DCCHARITABLE$25k
THE FLINT HILL SCHOOLOAKTON, VACHARITABLE$15k
THE POTOMAC SCHOOLMCLEAN, VACHARITABLE$15k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE FORSTER FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$667k
$2.6M
2023
$880k
$2.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

THE FORSTER FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about THE FORSTER FAMILY FOUNDATION

What are THE FORSTER FAMILY FOUNDATION's revenue and expenses?

In 2024, THE FORSTER FAMILY FOUNDATION reported $880k in total revenue and $2.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.