2022-05-12T19:16:50Z 2021-12-31 990EZ 2021-01-01 843390925 Fosterus FOST 8434413656 5426 Dunmore Rd Wilmington NC 28409 Heather Jarvis Executive Director 8434413656 2022-05-12 2021 2022-09-23 18:48:47Z X fosterus.org X X 73830 X 25000 48830 73830 29532 1221 30753 43077 172 43249 X 172 30799 0 12450 172 43249 172 43249 Fosterus aims to increase access to quality healthcare, education, legal and social services for disadvantaged communities by providing loan repayment assistance programming for public service positions within nonprofit organizations or local government entities, which exist to meet the healthcare, education, legal and/or social service needs of underserved and vulnerable populations. Fosterus developed software to administer its Loan Repayment Assistance Programs (LRAPs), including the District of Columbia Poverty Lawyer Loan Repayment Assistance Program. The program secured one-year service commitments from 78 civil legal aid attorneys employed by 12 not-for-profit public service organizations thereby increasing access to legal services for disadvantaged residents of the District of Columbia. 26020 Fosterus engaged payment processing services to administer its Loan Repayment Assistance Programs including the Prairie State Legal Services Loan Repayment Assistance Program. The program provided LRAP awards to attorneys providing free legal services for low-income persons and those age 60 from 11 office locations serving 36 counties in northern Illinois. 3512 Fosterus built banking and computer systems to administer its Loan Repayment Assistance Programs including the Texas RioGrande Legal Aid (TRLA) Loan Repayment Assistance Program. The program increased access to legal services for poor people in 68 Southwest Texas counties and in six other southern states. TRLA LRAP recipients serve about 23,000 clients each year. 1221 30753 Jantz Hoffman Chief Financial Officer 40.00 0 0 0 Heather Jarvis Executive Director 40.00 0 0 0 false false false false false 0 false false 0 0 0 false 0 0 false NC Jantz Hoffman 3310 NE Tillicum Circle Camas WA 98607 7608154300 false false false false false false false false false false false NONE 0 NONE 0 true X 0 25000 25000 25000 25000 25000 25000 48830 X 1.00000 0.00000 0.00000 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part I, Line 16 Part I, Line 16 other expenses total $1221 bank fees $264 computer server $59 computer software $23 insurance - E&O $438 insurance - property $438 Part II, Line 24 Part II, line 24, Other assets: $12,450 in Loans Receivable In 2021, Fosterus issued $12,450 in forgivable loans to refinance eligible student debt and provide for loan forgiveness upon completion of a public-service commitment under I.R.C. Section 108(f).