Building Futures Foundation
BUILDING FUTURES FOUNDATION is based in Fremont, California, and its filing type is 990T. Its 2025 grants supported educational funds and organizations working in areas including education, literacy, food access, and community service.
Key facts about Building Futures Foundation
In short: Building Futures Foundation gave $399K across 33 grants in 2025 (avg $12K), mostly in California. 18% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 20-4746134
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $398,500
- Grants made (2025)
- 33
- Average grant
- $12,076
- Median grant
- $3,000
- New grantees (estimate)
- 18% first-time grantees (6 of 33, 2025)
- Total assets
- $10,279,578
- Primary geography
- California (54% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests and funds preselected organizations. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.3M
+3.7% YoY
Annual Giving
$399K
-8.2% YoY
Grant Count
33
+13.8% YoY
Avg Grant Size
$12K
-19.3% YoY
Under IRS private-foundation payout rules, Building Futures Foundation reported a distributable amount of $550K for 2025 — the minimum it must pay out in qualifying distributions.
Is Building Futures Foundation open to new grantees?
18%
first-time grantees, 2025
In 2025, 6 of 33 grantees (18%) were first-time recipients. First grants averaged $10K; repeat grants $13K. How we count
Medians: $4K first-time, $3K repeat.
- 76% of 2025 grantees were also funded in 2024. Method
- Giving grew 27% from 2022 to 2025. Method
- In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include donations described as supporting educational funds, as well as grants to organizations whose stated work includes education and other community services. For example, Reading Partners says it provides personalized literacy support, and Great Chicago Food is among the foundation’s 2025 grantees. These are descriptions of the grantees, not stated missions of the foundation.
Grantmaking
In 2025, the foundation made 33 grants totaling $398,500. Grant sizes ranged from $500 to $140,000, with a median of $3,000. In 2024 it made 29 grants totaling $434,050; in 2023 it made 31 grants totaling $354,050.
Grant Range
s ranged from $500 to $140,000, with a median of $3,000. In 2024 it made 29 grants totaling $434,050; in 2023 it made 31 grants totaling $354,050.
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Geographic Focus
Where this funder awards grants
In 2025, grant dollars went primarily to organizations in California (54%), Illinois (16%), Indiana (13%), and Washington, DC (11%). New York received 2%.
Grant Distribution by State
Share of all 33 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
139 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UCLA FOUNDATION Los Angeles, CA | DONATION TO SUPPORT EDUCATIONAL FUND | $140,000 |
| INDIANA UNIVERSITY FOUNDATION Bloomington, IN | DONATION TO SUPPORT EDUCATIONAL FUND | $50,000 |
| AMERICAN RED CROSS Washinton, DC | DONATION TO SUPPORT EDUCATIONAL FUND | $40,000 |
| GREAT CHICAGO FOOD Chicago, IL | DONATION TO SUPPORT EDUCATIONAL FUND | $25,000 |
| FRANCIS PARKER SCHOOL Chicago, IL | DONATION TO SUPPORT EDUCATIONAL FUND | $22,500 |
| FU-JEN UNIVERSITY Gardena, CA | DONATION TO SUPPORT EDUCATIONAL FUND | $15,000 |
| THE MARIN ARTS San Rafael, CA | DONATION TO SUPPORT EDUCATIONAL FUND | $10,000 |
| HIGH JUMP Chicago, IL | DONATION TO SUPPORT EDUCATIONAL FUND | $10,000 |
| LA FIRE DEPARTMENT FOUNDATION Los Angeles, CA | DONATION TO SUPPORT EDUCATIONAL FUND | $10,000 |
| READING PARTNERS Oakland, CA | DONATION TO SUPPORT EDUCATIONAL FUND | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2025 | $398,500 | 33 |
| 2024 | $434,050 | 29 |
| 2023 | $354,050 | 31 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,279,578 | $9,909,391 | $9,493,099 |
| Revenue | $1,198,638 | $994,428 | $934,067 |
| Expenses | $678,451 | $728,136 | $559,358 |
| Qualifying Distributions | $548,401 | $558,920 | $441,190 |
| Net Investment Income | $368,588 | $125,212 | $190,899 |
| Distributable Amount | $550,248 | $502,429 | $509,996 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 16, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 10, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 15, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 15, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 7, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Yu Sheng Victor Liu as CEO, Eric Liu as Secretary, and Lin Dee Liu as CFO.
Building Futures Foundation is led by Yu Sheng Victor Liu, CEO on every filing since 2021; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Yu Sheng Victor Liu
CEO
On filings since 2021
1 hr/week
No compensation reported
Lin Dee Liu
CFO
On filings since 2021
40 hrs/week
$25K (2021) → $60K (2025)
Eric Liu
Secretary
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Contact
Mailing address: 41368 Danzon Court, Fremont, CA 94539
Phone: (510) 490-8242
Frequently asked questions about Building Futures Foundation
How much does Building Futures Foundation give each year?
Building Futures Foundation gave $399K across 33 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $434K across 29 grants.
What is Building Futures Foundation's typical grant size?
Building Futures Foundation's median grant in 2025 was $3,000, and its average grant was $12,076, across 33 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Building Futures Foundation that year got $10K on average.
Where does Building Futures Foundation give grants?
Building Futures Foundation gives mostly in California: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Illinois (16%) and Indiana (13%). The most frequent recipient cities were Chicago, IL (5 grants), Cupertino, CA (3 grants), Los Angeles, CA (2 grants) and Fremont, CA (2 grants).
Does Building Futures Foundation give general operating support?
Not in 2025: none of the 33 grants with a stated purpose on Building Futures Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation to Support Educational Fund" (33 grants).
Who are Building Futures Foundation's largest grantees?
Building Futures Foundation's largest 2025 grantees include UCLA Foundation ($140,000), Indiana University Foundation ($50,000) and American Red Cross ($40,000), according to its 2025 IRS Form 990-PF. Together they received 58% of its itemized 2025 grant dollars.
How large is Building Futures Foundation?
Building Futures Foundation reported $10.3M in total assets on its 2025 IRS Form 990-PF. It paid out $548K in qualifying distributions that year, against a required minimum of $550K (roughly 5% of its investment assets).
What does Building Futures Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include donations described as supporting educational funds, as well as grants to organizations whose stated work includes education and other community services. For example, Reading Partners says it provides personalized literacy support, and Great Chicago Food is among the foundation’s 2025 grantees. These are descriptions of the grantees, not stated missions of the foundation.
How do I apply for a grant from Building Futures Foundation?
The foundation does not accept unsolicited requests and funds preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Building Futures Foundation's EIN?
Building Futures Foundation's EIN (Employer Identification Number) is 20-4746134. IRS Form 990 filing data is available on this page for 2021–2025.
Does Building Futures Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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