Mission
TO PROVIDE FUNDING TO OPERATE THE SHERWOOD & MYRTIE FOSTER HOME FOR CHILDREN
Public Charity
FOSTER'S HOME FOUNDATION
FOSTER'S HOME FOUNDATION is a Public Charity headquartered in STEPHENVILLE, TX. Financial data from the 2025 filing: $9.2M revenue, $1.1M expenses, $33.6M total assets. 16 publicly reported grants to this organization, totaling roughly $15.8M, appear in IRS filings.
EIN: 752446210
STEPHENVILLE, TX
Latest filing: 2025
Total Revenue$9.2M
Total Expenses$1.1M
Total Assets$33.6M
Grant Records16
Funding Total$15.8M
Filing Years2021–2025
Sample Grants Received
INCREASE ENDOWMENT FUND
$8,432,000
GENERAL SUPPORT
$5,000
INCREASE ENDOWMENT FUND
$3,000,000
TO ASSIST THE ORGANIZATION WITH THEIR ACTIVITIES.
$7,000
TO INVEST FOR FUTURE FOSTER CARE
$20,423
Showing up to 5 of 16 total records — full history available with membership.
Officers & Directors
DIRECTOR
Clinton Nix
PRESIDENT/CEO
Doug Young
DIRECTOR
Heath Hamrick
CHAIRMAN
Jeff Giles
DIRECTOR
John Terrill
SECRETARY
Melanie Warren
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $9.2M | $1.1M | $33.6M |
| 2024 | $4.1M | $1.0M | $24.1M |
| 2023 | $1.7M | $277K | $19.3M |
| 2022 | $4.1M | $581K | $17.9M |
| 2021 | $2.0M | $653K | $17.0M |
Between 2021 and 2025, reported annual revenue grew from $2.0M to $9.2M (+354%), with total assets most recently reported at $33.6M.
Interactive year-over-year charts and full filing details available with membership.