Funding Futures Foundation
Funding Futures Foundation is a private foundation focused on Education, based in Gainesville, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $31K in total assets. In 2025, it awarded 8 grants totaling $37K.
Funding Futures Foundation at a glance
In short: Funding Futures Foundation gave $37K across 8 grants in 2025 (avg $5K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $36,737
- +141.4% vs 2024
- Grants made (2025)
- 8
- +60.0% vs 2024
- Average grant
- $4,592
- +50.8% vs 2024
- Median grant
- $3,750
- Total assets
- $30,813
- +28.1% vs 2024
- Primary geography
- Texas (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Funding Futures Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was With Love It's a Small World ($9K).
Organizations only. It also paid 7 individual scholarships ($27,737), which are not listed by name.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Funding Futures Foundation gives
- Giving grew 44% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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 2022 to 2025, annual grant giving ranged from $15K (2024) to $37K (2025). In 2025 it made 8 grants totaling $37K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| With Love It's a Small World Frisco, TX | Donation | $9,000 |
| 7 individual scholarships Recipients not named | — | $27,737 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $30,813 | $43,500 | $36,737 | $36,737 | 8 | $36,737 | $1,400 |
| 2024 | $24,050 | $36,000 | $15,221 | $15,221 | 5 | $15,221 | $847 |
| 2023 | $3,271 | $9,850 | $30,813 | $30,813 | 4 | $30,813 | $516 |
| 2022 | $24,234 | $48,253 | $25,519 | $25,466 | 3 | $25,519 | $589 |
| 2021 | $1,500 | $1,500 | — | — | — | — | $8 |
Under IRS private-foundation payout rules, Funding Futures Foundation reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Funding Futures Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard Reedy
Director
On filings since 2021
1 hr/week
No compensation reported
Rick Cohagan
Director
On filings since 2021
1 hr/week
No compensation reported
Ronald Reedy
Director
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.
Frequently asked questions about Funding Futures Foundation
How much does Funding Futures Foundation give each year?
Funding Futures Foundation gave $37K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 5 grants.
What is Funding Futures Foundation's typical grant size?
Funding Futures Foundation's median grant in 2025 was $3,750, and its average grant was $4,592, across 8 grants on its 2025 IRS Form 990-PF.
Where does Funding Futures Foundation give grants?
Funding Futures Foundation gives mostly in Texas: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (8%).
Does Funding Futures Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Funding Futures Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Tuition and Fees" (7 grants).
How large is Funding Futures Foundation?
Funding Futures Foundation reported $31K in total assets on its 2025 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
What is Funding Futures Foundation?
Funding Futures Foundation is a private foundation focused on Education, based in Gainesville, TX. It holds $31K in total assets as of 2025.
What is Funding Futures Foundation's EIN?
Funding Futures Foundation's EIN (Employer Identification Number) is 87-3780341. 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 5, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Funding Futures Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Funding Futures Foundation's focus areas in our free grants database
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