Foundation for the Future Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VICTOR, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $519K in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$519K
+1.0% YoY
Annual Giving
$40K
+233.3% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$10K
-16.7% YoY
Under IRS private-foundation payout rules, Foundation for the Future Inc reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About Foundation for the Future Inc
Based on IRS filings
Foundation for the Future Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VICTOR, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $519K in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $27K.
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 | 2022 |
|---|---|---|---|
| Total Assets | $519,331 | $514,259 | $489,113 |
| Revenue | $35,044 | $20,413 | $27,625 |
| Expenses | $45,113 | $15,969 | $27,380 |
| Qualifying Distributions | $40,964 | $12,100 | $23,832 |
| Net Investment Income | $27,188 | $14,584 | $18,087 |
| Distributable Amount | $25,062 | $23,847 | $25,106 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rochester Catholic Diocese St Michaels Workshop ($16,000), YMCA of Greater Rochester ($10,000), Hochstein School of Music ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of Ganondagan Victor, NY | Mentoring youth Job Readiness cultural influences | $4,000 |
| Rochester Catholic Diocese St Michaels Workshop Rochester, NY | Mentoring disadvantaged youthin a career orientedtraining environment | $16,000 |
| YMCA of Greater Rochester Rochester, NY | Dreamseeds Program | $10,000 |
| Hochstein School of Music Rochester, NY | Dreamseeds Program | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert J Pizzutiello | director | 1 | — |
| Mabelle Pizzutiello | director | 1 | — |
| Joseph Grymin | director | 1 | — |
| Leah Saada-Sherman | director | 1 | — |
| Barbara Moore | director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for the Future Inc?
Foundation for the Future Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VICTOR, NY. It holds $519K in total assets as of 2024.
How large is Foundation for the Future Inc?
As of 2024, Foundation for the Future Inc holds $519K in total assets with $35K in annual revenue. It awarded 4 grants totaling $40K in 2024.
Where does Foundation for the Future Inc operate?
Foundation for the Future Inc has awarded grants in New York.
What size grants does Foundation for the Future Inc award?
In 2024, Foundation for the Future Inc awarded 4 grants totaling $40K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Foundation for the Future Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation for the Future Inc reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foundation for the Future Inc's EIN?
Foundation for the Future Inc's EIN (Employer Identification Number) is 27-4092499. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation for the Future Inc'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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