Building Brighter Futures Foundation
Building Brighter Futures Foundation is a private foundation, based in Northridge, CA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $235K in total assets. In 2025, it made $5K in qualifying distributions. Net investment income was $2K.
Building Brighter Futures Foundation at a glance
- Total assets
- $235,234
- +69.6% vs 2024
- Revenue (2025)
- $102,040
- Qualifying distributions (2025)
- $4,887
- -71.5% vs 2024
- Expenses (2025)
- $5,470
- -68.8% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Building Brighter Futures Foundation funds
How this funder distributes its grants
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Building Brighter Futures Foundation gives
- In 2025 it paid out 65% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2023 to 2024, annual grant giving ranged from $570 (2024) to $5K (2023). In 2024 it made 2 grants totaling $570.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hearts Set Free Yukon, OK | Contribution to general fund | $300 |
| Christian Medical Dental Associatio Bristol, TN | Contribution to the General Fund | $270 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $235,234 | $102,040 | $5,470 | — | — | $4,887 | $2,040 | $7,525 |
| 2024 | $138,665 | — | $17,539 | $570 | 2 | $17,175 | — | $7,014 |
| 2023 | $156,204 | — | $10,404 | $5,380 | 5 | $10,404 | — | $7,942 |
Under IRS private-foundation payout rules, Building Brighter Futures Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Building Brighter Futures Foundation is led by Yann Schrodi, CEO on every filing since 2023 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Yann Schrodi
CEO
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 Building Brighter Futures Foundation
How large is Building Brighter Futures Foundation?
Building Brighter Futures Foundation reported $235K in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Building Brighter Futures Foundation operate?
Building Brighter Futures Foundation has awarded grants in Arkansas, California, Oklahoma, Tennessee, Texas.
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 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 16, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 24, 2026)
- IRS filings on file for fiscal years 2023–2025
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Figures come from Building Brighter Futures Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Building Brighter Futures Foundation down — hundreds of funders to go?