Brighter Future Foundation
Brighter Future Foundation is a private foundation, based in Clarks Summit, PA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $66K in total assets. In 2024, it awarded 2 grants totaling $11K. Net investment income was $47.
Key facts about Brighter Future Foundation
In short: Brighter Future Foundation gave $11K across 2 grants in 2024 (avg $6K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- EIN
- 93-4352083
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $11,000
- Grants made (2024)
- 2
- Average grant
- $5,500
- Median grant
- $5,500
- Total assets
- $66,349
- Primary geography
- New Jersey (91% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$66K
+120.3% YoY
Annual Giving
$11K
Grant Count
2
Avg Grant Size
$6K
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 2 grants totaling $11K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Rutgers Preparatory School ($10K). Together the top 2 received $11K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rutgers Preparatory School Sommerset, NJ | Provides Education Scholarships | $10,000 |
| Community Services for Sight Sugarloaf, PA | Maximize Opportunities for the Blind | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $66,349 | $30,117 |
| Revenue | $55,849 | $45,501 |
| Expenses | $19,617 | $15,384 |
| Qualifying Distributions | $19,617 | $15,384 |
| Net Investment Income | $47 | $2 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Officers and directors from IRS filings
Brighter Future Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bhupendra Patel
Director & S
On filings since 2023
5 hrs/week
No compensation reported
Kartik Patel
Director & T
On filings since 2023
5 hrs/week
No compensation reported
Sachin Patel
Director & P
On filings since 2023
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 Brighter Future Foundation
How much does Brighter Future Foundation give each year?
Brighter Future Foundation gave $11K across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is Brighter Future Foundation?
Brighter Future Foundation reported $66K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $56K.
Where does Brighter Future Foundation operate?
Brighter Future Foundation has awarded grants in New Jersey, Pennsylvania.
What is Brighter Future Foundation's EIN?
Brighter Future Foundation's EIN (Employer Identification Number) is 93-4352083. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Brighter Future Foundation by hand.
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