Funding Futures Foundation is a private foundation focused on Education, based in GAINESVILLE, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $24K in total assets. In 2024, it awarded 5 grants totaling $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24K
+635.2% YoY
Annual Giving
$15K
-50.6% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$3K
-60.5% YoY
Under IRS private-foundation payout rules, Funding Futures Foundation reported a distributable amount of $847 for 2024 — the minimum it must pay out in qualifying distributions.
About Funding Futures Foundation
Based on IRS filings
Funding Futures Foundation is a private foundation focused on Education, based in GAINESVILLE, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $24K in total assets. In 2024, it awarded 5 grants totaling $15K.
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 | $24,050 | $3,271 | $24,234 |
| Revenue | $36,000 | $9,850 | $48,253 |
| Expenses | $15,221 | $30,813 | $25,519 |
| Qualifying Distributions | $15,221 | $30,813 | $25,519 |
| Net Investment Income | — | — | — |
| Distributable Amount | $847 | $516 | $589 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include David Martinez ($5,000), Lanie Breaux ($3,721), With Love It's a Small World ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIANNA CARR MAGNOLIA, TX | COLLEGE TUITION AND FEES | $2,000 |
| REBECCA WOODWARD GORDONVILLE, TX | COLLEGE TUITION AND FEES | $2,000 |
| DAVID MARTINEZ GUNTER, TX | COLLEGE TUITION AND FEES | $5,000 |
| LANIE BREAUX DENISON, TX | COLLEGE TUITION AND FEES | $3,721 |
| WITH LOVE IT'S A SMALL WORLD FRISCO, TX | DONATION | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONALD REEDY | DIRECTOR | 1 | — |
| RICHARD REEDY | DIRECTOR | 1 | — |
| RICK COHAGAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Funding Futures Foundation?
Funding Futures Foundation is a private foundation focused on Education, based in GAINESVILLE, TX. It holds $24K in total assets as of 2024.
How large is Funding Futures Foundation?
As of 2024, Funding Futures Foundation holds $24K in total assets with $36K in annual revenue. It awarded 5 grants totaling $15K in 2024.
Where does Funding Futures Foundation operate?
Funding Futures Foundation has awarded grants in Texas.
What size grants does Funding Futures Foundation award?
In 2024, Funding Futures Foundation awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Funding Futures Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Funding Futures Foundation reported a distributable amount of $847 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Funding Futures Foundation'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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