Brighter Future Foundation
Brighter Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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
About Brighter Future Foundation
Based on IRS filings
Brighter Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rutgers Preparatory School ($10,000), Community Services for Sight ($1,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SACHIN PATEL | DIRECTOR & P | 5 | — |
| BHUPENDRA PATEL | DIRECTOR & S | 5 | — |
| KARTIK PATEL | DIRECTOR & T | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Brighter Future Foundation?
Brighter Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLARKS SUMMIT, PA. It holds $66K in total assets as of 2024.
How large is Brighter Future Foundation?
As of 2024, Brighter Future Foundation holds $66K in total assets with $56K in annual revenue. It awarded 2 grants totaling $11K in 2024.
Where does Brighter Future Foundation operate?
Brighter Future Foundation has awarded grants in New Jersey, Pennsylvania.
What size grants does Brighter Future Foundation award?
In 2024, Brighter Future Foundation awarded 2 grants totaling $11K — an average of about $6K per grant, based on its IRS Form 990 filings.
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.
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Browse active grant opportunities in Brighter Future Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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