Foster Foundation
Accepts applications
Foster Foundation is a private foundation in Brookneal, Virginia. In tax year 2025 it gave $1.3 million in 686 grants; the typical grant was $500 and the largest $50,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$1.3 million
- Number of grants686
- Typical grant$500
- Largest grant$50,000
- Assets$30.6 million
- New grantees33%
Giving in 2025 was up from $900,280 the year before.
33% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $724,473 | 469 | $17.7 million |
| 2024 | $900,280 | 530 | $25.5 million |
| 2025 | $1.3 million | 686 | $30.6 million |
How to apply
| Contact | Watt R Foster Jr PO Box 190, Brookneal, VA 24528 |
|---|---|
| Phone or email | (434) 376-2322, watt.foster@fosterfuels.com |
| What to submit | No formal form. Application can be made by sending a request by letter. |
Foundation website IRS filings on ProPublica
What Foster Foundation funds
Where it gives
Its grants went to recipients in 13 states, the most to Virginia.
| State | Grants | Amount |
|---|---|---|
| Virginia | 592 | $1.2 million |
| North Carolina | 9 | $40,900 |
| Texas | 15 | $37,050 |
| Maryland | 48 | $21,691 |
| District of Columbia | 1 | $5,000 |
| Tennessee | 2 | $3,400 |
| Arizona | 11 | $2,400 |
| New York | 1 | $1,500 |
| Louisiana | 2 | $1,000 |
| Colorado | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Lynchburg | Equestrian program | $50,000 |
| The Academy Center of the Arts | Investment fund, endowment, education | $35,000 |
| Centra Foundation | (gala), scholarship, maam | $28,000 |
| Free Clinic of Central Virginia | Clinic rebuild | $25,000 |
| Human Kind | 1 time gift classroom | $25,000 |
| Jubilee Family | Stem center | $25,000 |
| Miriam's House | Unrestricted | $25,000 |
| Brookneal Elementary School | Playground equipment | $20,000 |
| Duke University School of Nursing | 4th year of 5 | $20,000 |
| Hampden-Sydney College | 4th year of 5 | $20,000 |
| Sweet Briar College | 4th year of 5 | $20,000 |
| YMCA of Central Virginia | 5th final payment | $20,000 |
| National Center for Healthy Veterans | Courtyard | $15,000 |
| Park View Community Mission | Food pantry | $15,000 |
| Liberty Godparent | Greatest need | $12,500 |
| Tro | Greatest need | $12,500 |
| Liberty University Flames Club | Donation | $10,560 |
| Amazement Square | Corp | $10,000 |
| Barcc | In memory of jeannie isaacs | $10,000 |
| Beacon of Hope Lynchburg | Scholarships | $10,000 |
| Campbell County Sheriff's Dept | Greatest need | $10,000 |
| Centra Foundation | Nurse navigator program | $10,000 |
| Central Va Commcollege Edu Found Inc | Cdl driver program | $10,000 |
| Duke University School of Nursing | Foster scholarship fund | $10,000 |
| Greater Lynchburg Community Foundation | Yearly donation scholarship fund | $10,000 |
| Interfaith Outreach Association | Emergency assistance | $10,000 |
| Individual | Summer enrichment camp scholarships | $10,000 |
| Legacy Education Center | Greatest need | $10,000 |
| National Center for Healthy Veterans | Greatest need | $10,000 |
| Park View Community Mission | Greatest need | $10,000 |
| Tro | Annual donation | $10,000 |
| Tro | Camp scholarships | $10,000 |
| Vector Space | Robotics / fund gift | $10,000 |
| Centra Foundation | Donation | $7,700 |
| Carilion Clinic Foundation | Unrestricted fund | $6,000 |
| Freedom 424 | Programing for students | $6,000 |
| Miller Home for Girls | Greatest need | $6,000 |
| Patrick Henry Memorial Foundation | Scholarships | $6,000 |
| Puzzled Foundation | Autism car show | $6,000 |
| United Way | Dolly parton library - campbell county | $6,000 |
Officers and trustees
- Watt R Foster Jr
- Jennifer B Foster
- Katherine F Rolfe
Questions people ask
Does Foster Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Foster Foundation give?
$1.3 million in tax year 2025, across 686 grants, with a typical grant of $500.
Who runs Foster Foundation?
Its 2025 filing lists Watt R Foster Jr (Trustee), Jennifer B Foster (Trustee) and Katherine F Rolfe (Trustee).
What does Foster Foundation fund?
Based on its grants, mainly education, faith communities and health.