Bright Future Education Foundation
Bright Future Education Foundation is a private foundation. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $73K in total assets. In 2024, it awarded 1 grant totaling $16K. Net investment income was $4K.
Bright Future Education Foundation at a glance
In short: Bright Future Education Foundation gave $16K across 1 grant in 2024 (avg $16K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $16,498
- -14.1% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $16,498
- +71.9% vs 2023
- Median grant
- $16,498
- Total assets
- $72,730
- -1.1% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Bright Future Education Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Thacher School ($16K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 6 grants of 8 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Bright Future Education Foundation gives
- Giving fell 89% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $16K (2024) to $156K (2021). In 2024 it made 1 grant totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Thacher School Groton, MA | Education Development | $16,498 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $72,730 | $3,571 | $18,650 | $16,498 | 1 | $16,498 | $3,571 |
| 2023 | $73,512 | $3,711 | $21,570 | $19,200 | 2 | $19,200 | $3,711 |
| 2022 | $76,748 | $3,641 | $17,955 | — | — | — | $3,641 |
| 2021 | $75,226 | $26,565 | $158,297 | $156,449 | 3 | $158,297 | $26,565 |
| 2020 | $172,529 | $7,044 | $70,266 | $66,827 | 2 | — | $7,044 |
| 2019 | $216,454 | $8,894 | $50,754 | $42,250 | 2 | — | $8,894 |
Leadership & Key People
Officers and directors from IRS filings
Bright Future Education Foundation is led by Min Zhou, President on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Min Zhou
President
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bright Future Education Foundation
How much does Bright Future Education Foundation give each year?
Bright Future Education Foundation gave $16K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 2 grants.
How large is Bright Future Education Foundation?
Bright Future Education Foundation reported $73K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $4K.
Where does Bright Future Education Foundation operate?
Bright Future Education Foundation has awarded grants in California, Massachusetts.
What is Bright Future Education Foundation's EIN?
Bright Future Education Foundation's EIN (Employer Identification Number) is 36-4867900. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 22, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 24, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 24, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Bright Future Education Foundation funds
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