Building Brighter Futures Foundation

NORTHRIDGE, CA EIN: 84-3500359

Building Brighter Futures Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHRIDGE, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 2 grants totaling $570.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$139K

-11.2% YoY

Annual Giving

$570

-89.4% YoY

Grant Count

2

-60.0% YoY

Avg Grant Size

$285

-73.5% YoY

Under IRS private-foundation payout rules, Building Brighter Futures Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Building Brighter Futures Foundation

Based on IRS filings

Building Brighter Futures Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHRIDGE, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 2 grants totaling $570.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BentonvilleBristolBuena ParkHoustonNorthridgeYukon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$14K$19K20232024
Metric20242023
Total Assets$138,665$156,204
Revenue
Expenses$17,539$10,404
Qualifying Distributions$17,175$10,404
Net Investment Income
Distributable Amount$7,014$7,942

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$5K5 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Hearts Set Free$300Christian Medical Dental…$270

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hearts Set Free ($300), Christian Medical Dental Associatio ($270).

RecipientPurposeAmount
Hearts Set Free Yukon, OKContribution to general fund$300
Christian Medical Dental Associatio Bristol, TNContribution to the General Fund$270

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Yann SchrodiCEO

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Building Brighter Futures Foundation?

Building Brighter Futures Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHRIDGE, CA. It holds $139K in total assets as of 2024.

How large is Building Brighter Futures Foundation?

As of 2024, Building Brighter Futures Foundation holds $139K in total assets. It awarded 2 grants totaling $570 in 2024.

Where does Building Brighter Futures Foundation operate?

Building Brighter Futures Foundation has awarded grants in Arkansas, California, Oklahoma, Tennessee, Texas.

What size grants does Building Brighter Futures Foundation award?

In 2024, Building Brighter Futures Foundation awarded 2 grants totaling $570 — an average of about $285 per grant, based on its IRS Form 990 filings.

How much is Building Brighter Futures Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Building Brighter Futures Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Building Brighter Futures Foundation's EIN?

Building Brighter Futures Foundation's EIN (Employer Identification Number) is 84-3500359. IRS Form 990 filing data is available on this page for 2023–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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