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Foster Charitable Trust

Marina del Rey, CA · EIN 84-6847169 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2023 (tax year 2023) · View the filing · Correct or respond

Foster Charitable Trust reported $1.00 billion in revenue and $0 in expenses for calendar year 2023. Its largest source of revenue was contributions and grants: 100.0% of the total. Source: Form 990, 2023.

Where $100 of spending went

This filing does not split expenses by function (Part IX columns B–D), so there is no breakdown for 2023.

Where $100 of revenue came from

Calendar year 2023 · Form 990, Part VIII · total revenue $1.00B

The 990 scorecard · same measures for every charity, no grades

2023 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2023Median
Program services
Part IX 25(B) ÷ 25(A)
Not reported86.7%
Management & general
Part IX 25(C) ÷ 25(A)
Not reported11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
Not reported0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
0.0%58.9%
Highest reported compensation
Part VII-A, columns D–F
Not reported$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
Not reported1.38%
People paid over $100,000
Part VII, line 2
Not reported6
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
Not reported6.8
Independent voting board members
Part VI 1a–1b
Not reported100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2023 · Form 990, Part III · the three largest programs by expense
— expenses

No description in Part III; see the filing.

1 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2023 ⓘ$1.00B$0—$1.00B—

Governance answers, as filed

2023 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNot answered
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from Foster Charitable Trust's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Foster Charitable Trust, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in California

Questions people ask

Where does Foster Charitable Trust get its money?

Of $1.00 billion in revenue in calendar year 2023, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Foster Charitable Trust a registered charity?

The IRS lists EIN 84-6847169 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2023: Form 990 for calendar year 2023, object 202422649349300502 · read the filing · XML

All filings for EIN 84-6847169: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.