Brighter Future Foundation

Private foundation · Grantmaker Clarks Summit, PA EIN: 93-4352083

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

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

SommersetSugarloaf

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K0 grants2023 2 grants2024

In 2024 it made 2 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Rutgers Preparatory School: $10KRutgers Preparatory School$10KCommunity Services for Sight: $1KCommunity Services for Sight$1K

The largest 2024 recipient was Rutgers Preparatory School ($10K). Together the top 2 received $11K.

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Rutgers Preparatory School Sommerset, NJProvides Education Scholarships$10,000
Community Services for Sight Sugarloaf, PAMaximize Opportunities for the Blind$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2023 2024
Metric20242023
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

  1. 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.

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