Fund for the Future

Private foundation · Grantmaker New York, NY EIN: 95-4275876

Fund for the Future is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $216K in total assets. Net investment income was $9K.

Key facts about Fund for the Future

EIN
95-4275876
Latest 990 filing
Form 990-PF, 2025
Total assets
$215,868

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$216K

+4.4% YoY

Revenue

$9K

-84.3% YoY

Net Investment Income

$9K

+4.4% YoY

Expenses

$132

-99.9% YoY

Under IRS private-foundation payout rules, Fund for the Future reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.

How Fund for the Future gives

  • Giving grew 1136% from 2021 to 2024. Method
  • In 2024 it paid out 933% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

New YorkMiami

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2021 1 grant2022 0 grants2023 4 grants2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $9K (2021) to $115K (2024). In 2024 it made 4 grants totaling $115K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 6 (83%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$215,868$206,735$265,535
Revenue$9,265$58,873$3,794
Expenses$132$117,673$4,525
Qualifying Distributions—$115,060$4,500
Net Investment Income$9,265$8,873$3,794
Distributable Amount$10,291$12,332$12,915

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Fund for the Future is led by Michael Douglas, Chairman & Secretary since 2022 (on filings since 2021) — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Michael Douglas

    Chairman & Secretary

    Chairman → Chairman & Secretary, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Joseph Horacek III (2021) — Secretary
  • Former: Robert A. Harabedian (2021) — Vice President

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.

Frequently asked questions about Fund for the Future

How large is Fund for the Future?

Fund for the Future reported $216K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $9K.

Where does Fund for the Future operate?

Fund for the Future has awarded grants in Florida, New York.

How much is Fund for the Future required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Fund for the Future reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fund for the Future's EIN?

Fund for the Future's EIN (Employer Identification Number) is 95-4275876. IRS Form 990 filing data is available on this page for 2021–2025.

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

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