Fund for a Better Future Inc
Fund for a Better Future Inc. is a Sacramento-based organization whose IRS filing type is listed as a public charity. It supports work to promote the common good, including efforts to protect the environment, uphold democratic values, promote health, and advance social equity.
Fund for a Better Future Inc at a glance
In short: Fund for a Better Future Inc gave $10.7M across 30 grants in 2024 (avg $358K), mostly in District of Columbia. 63% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $10,736,382
- -70.2% vs 2023
- Grants made (2024)
- 30
- +130.8% vs 2023
- Average grant
- $357,879
- -87.1% vs 2023
- Median grant
- $200,000
- Total assets
- $14,079,455
- -43.9% vs 2023
- New grantees (estimate)
- 63% first-time grantees (19 of 30, 2024)
- Primary geography
- District of Columbia (60% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Fund for a Better Future Inc
- Contact
Mailing address: 400 Capitol Mall 2150, Sacramento, CA 95814
Phone: (916) 442-5057
Website: https://fundforabetterfuture.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fund for a Better Future Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Sixteen Thirty Fund ($1.5M). Together the top 10 received $7.9M.
Grant Size Distribution
100 grants across all recorded years
The most common grant size was in the $100–250K range: 21 grants of 100 (21%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to organizations in Washington, DC (60%), followed by California (13%), Pennsylvania (9%), Louisiana (7%), and Texas (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 30 itemized grants.
States
Cities
Is Fund for a Better Future Inc open to new grantees?
63%
first-time grantees, 2024
In 2024, 19 of 30 grantees (63%) were first-time recipients. First grants averaged $251K; repeat grants $542K. How we count
Medians: $100K first-time, $450K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10.7M (2024) to $36.0M (2023). In 2024 it made 30 grants totaling $10.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sixteen Thirty Fund Washington, DC | Civil Rights and Civic Engagement | $1,500,000 |
| Climate Power Washington, DC | Fiscal Sponsorship Spinoff | $1,105,882 |
| Priorities USA Washington, DC | Support for Social Welfare Activities | $1,000,000 |
| Electoral Collective Action New Orleans, LA | Climate and Environmental Advocacy | $750,000 |
| Indivisible Project Washington, DC | Civil Rights and Civic Engagement | $750,000 |
| Tides Advocacy San Francisco, CA | Climate and Environmental Advocacy | $750,000 |
| Texas Campaign for the Environment Austin, TX | Climate and Environmental Advocacy | $530,000 |
| Democracy Forward Washington, DC | Support for Social Welfare Activities | $500,000 |
| Hip Hop Caucus Action Fund Washington, DC | Climate and Environmental Advocacy | $500,000 |
| Pennsylvania United Pittsburgh, PA | Climate and Environmental Advocacy | $500,000 |
Ready to take the next step with Fund for a Better Future Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $14,079,455 | $7,686,017 | $14,171,510 | $10,736,382 | 30 | $51,394 |
| 2023 | $25,095,166 | $41,718,209 | $41,402,425 | $36,010,000 | 13 | $97,079 |
| 2022 | $20,878,438 | $56,813,604 | $48,272,228 | $25,846,600 | 21 | $146,522 |
| 2021 | $12,452,035 | $69,118,422 | $61,884,286 | $34,244,260 | 17 | $22,785 |
| 2020 | $3,674,140 | $35,157,267 | $32,664,736 | $32,410,000 | 19 | $21,967 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
FBF states that its mission is to promote the common good by upholding democratic values, protecting the environment, promoting health, and advancing social equity. Its 2024 filing describes grants for work addressing climate change, disparities in public health, and environmental protection. The filing also says FBF made direct and indirect expenditures supporting candidates committed to addressing the threat of climate change.
In 2024, supported organizations included Sixteen Thirty Fund, which describes its work as providing operational support to changemakers tackling social challenges, and Climate Power, which says it works to win political, social, and economic progress on climate. Other grantees describe work in civic engagement and progressive policy (Indivisible Project), climate justice and community organizing (Electoral Collective Action), grassroots campaigns against pollution (Texas Campaign for the Environment), and political power-building in communities affected by injustice (Hip Hop Caucus Action Fund).
Grantmaking
In 2024, FBF reported 30 grants totaling $10,736,382. Grants ranged from $10,000 to $1,500,000, with a median of $200,000. The largest awards included $1,500,000 to Sixteen Thirty Fund for civil rights and civic engagement; $1,105,882 to Climate Power for a fiscal-sponsorship spinoff; and $1,000,000 to Priorities USA for social welfare activities. Other notable awards were $750,000 each to Electoral Collective Action, Indivisible Project, and Tides Advocacy for climate and environmental advocacy, civil rights and civic engagement, and climate and environmental advocacy, respectively.
Before awarding a grant to a U.S.-based organization, FBF requires documentation establishing and describing the organization’s legal status, purpose, and mission. Post-award monitoring may include periodic reports on activities, progress, outcomes, and grant expenditures; check-in calls or meetings; and field visits for significant projects.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jason Burnett as director and chair; Christopher J. Elliman, Martha Kongsgaard, Preston Pinkett III, and Melissa Roy as directors; and Rosina Bugarin as treasurer and CFO. Avi Garbow was listed as director and president through October 2024. Matthew Armsby was listed as vice president and interim president beginning in October 2024. Helena Choi was listed as secretary and vice president.
Fund for a Better Future Inc is led by Avi Garbow See Sch O., Director & President on every filing since 2022; 4 of 9 officers listed in 2024 are compensated.
Officers on the 2024 filing
Avi Garbow See Sch O.
Director & President
On filings since 2022
3 hrs/week
$74K (2022) → $51K (2024)
Matthew Armsby See Sch O.
Vice President & Interim President
New on the 2024 filing
5 hrs/week
$39K (2024)
Jason Burnett
Director & Chair
Director & Treasurer → Director & Chair, 2021
On filings since 2020
1 hr/week
No compensation reported
Christopher J. Elliman
Director
On filings since 2020
1 hr/week
No compensation reported
Martha Kongsgaard
Director
On filings since 2020
1 hr/week
No compensation reported
Melissa Roy
Director
On filings since 2021
1 hr/week
No compensation reported
Preston Pinkett III
Director
On filings since 2021
1 hr/week
No compensation reported
Helena Choi See Sch O.
Secretary & Vice President
On filings since 2022
3 hrs/week
$18K (2022) → $20K (2024)
Rosina Bugarin See Sch O.
Treasurer & CFO
Treasurer & Chief Financial Officer → Treasurer & CFO, 2024
On filings since 2022
5 hrs/week
$27K (2022) → $42K (2024)
Former officers (5)
- Former: Michael Mantell--Pres (2022) — Then Senior Advisor · Filing note: Thru
- Former: Helena Choi (2020–2021) — Secretary & Vice President
- Former: Michael A. Mantell (2020–2021) — Director & President
- Former: Rosina Bugarin (2020–2021) — Treasurer & CFO
- Former: Kathleen Welch (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $51K, to AVI Garbow See Sch O (Director & President (End 10/2024)). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Fund for a Better Future Inc
How much does Fund for a Better Future Inc give each year?
Fund for a Better Future Inc gave $10.7M across 30 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $36.0M across 13 grants.
What is Fund for a Better Future Inc's typical grant size?
Fund for a Better Future Inc's median grant in 2024 was $200,000, and its average grant was $357,879, across 30 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Fund for a Better Future Inc that year got $251K on average.
Where does Fund for a Better Future Inc give grants?
Fund for a Better Future Inc gives mostly in District of Columbia: 60% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were California (13%) and Pennsylvania (9%). The most frequent recipient cities were Washington, DC (14 grants), Sacramento, CA (3 grants) and Austin, TX (2 grants).
Does Fund for a Better Future Inc give general operating support?
Not in 2024: none of the 30 grants with a stated purpose on Fund for a Better Future Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Climate and Environmental Advocacy" (18 grants), "Civil Rights and Civic Engagement" (6 grants) and "Support for Social Welfare Activities" (5 grants).
Who are Fund for a Better Future Inc's largest grantees?
Fund for a Better Future Inc's largest 2024 grantees include Sixteen Thirty Fund ($1,500,000), Climate Power ($1,105,882) and Priorities USA ($1,000,000), according to its 2024 IRS Form 990. Together they received 34% of its itemized 2024 grant dollars.
How large is Fund for a Better Future Inc?
Fund for a Better Future Inc reported $14.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.7M.
What does Fund for a Better Future Inc fund?
FBF states that its mission is to promote the common good by upholding democratic values, protecting the environment, promoting health, and advancing social equity. Its 2024 filing describes grants for work addressing climate change, disparities in public health, and environmental protection. See mission & focus areas ↑
How do I apply for a grant from Fund for a Better Future Inc?
Fund for a Better Future Inc has no public application process in the sources Grantable reviewed. Check fundforabetterfuture.org for current guidelines, or contact the foundation directly before submitting a request.
What is Fund for a Better Future Inc's EIN?
Fund for a Better Future Inc's EIN (Employer Identification Number) is 81-2319758. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 20, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 24, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 21, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 16, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Fund for a Better Future Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Sixteen Thirty Fund
Washington, DC
SIXTEEN THIRTY FUND supports social-change projects focused on areas including racial justice, voting access, health care, climate, and democracy, with work across the United States. In 2024, its grants ranged from $5,700 to $27.85 million, with a median of $115,000. It generally requires a written application, but the profile does not say whether it accepts unsolicited requests.
Assets
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Total Given
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Open Society Action Fund Inc
New York, NY
Open Society Action Fund supports domestic and international policy advocacy and organizations working on democracy, civil and human rights, racial and gender justice, reproductive freedom, economic security, and related issues. In 2024, its grants had a median of $400,000, with awards ranging from about $40,000 to $16.4 million; its work spans U.S. issues and regions worldwide, though most reported grant dollars went to recipients in the District of Columbia and New York. The profile does not state whether it accepts unsolicited requests.
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Total Given
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Tides Advocacy
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Tides Advocacy funds social justice, environmental protection, and democracy work, including advocacy and political activity. Its 2024 grants ranged from $5,500 to $3.45 million, with a median of $100,000, and went to organizations across the United States, with the largest shares in Delaware, D.C., New York, California, and Michigan. The profile does not state whether it accepts unsolicited requests.
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Way to Win Action Fund Inc
Washington, DC
Way to Win Action Fund supports advocacy, grassroots organizing, civic engagement, and political campaigns advancing racial and economic justice, with a focus on data-driven, coalition-based strategies. Its 2024 grants ranged from $10,000 to $1.165 million, with a median of $100,000, and went to organizations across the United States, especially in New York and Arizona. No unsolicited-request policy is stated.
Assets
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Total Given
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Advocacy Action Fund Inc
Menlo Park, CA
Advocacy Action Fund supports social welfare work on climate and clean energy, technology and democracy, reproductive healthcare access, and related advocacy, including ballot measures and voter outreach. Its 2024 grants ranged from $12,331 to $10 million, with a median of $250,000; funding went nationwide, with the largest shares to Washington, D.C., and California. The profile does not state whether it accepts unsolicited requests.
Assets
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Grants
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Total Given
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America Votes
Washington, DC
America Votes’ Education Fund makes grants to expand ballot access, voter education and participation, particularly among young people and communities of color, while its broader work supports democracy and voting rights. In 2025, grants ranged from $10,000 to $13.945 million, with a median of $500,000; its work spans more than 20 states, and grant dollars went mostly to recipients in Washington, DC. The profile does not state whether it accepts unsolicited requests.
Assets
$22.3M
Grants
119
Total Given
$168.6M
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Cite this profile
Grantable. (2026). Fund for a Better Future Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/fund-for-a-better-future-inc-morg_027f5d7f64304565a8b2c545dab5eab3
BibTeX
@misc{grantable_812319758_2026,
author = {{Grantable}},
title = {{Fund for a Better Future Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/fund-for-a-better-future-inc-morg_027f5d7f64304565a8b2c545dab5eab3},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Fund for a Better Future Inc'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.
Fund for a Better Future Inc down — hundreds of funders to go?