Future Fund for Education Inc is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $3K in total assets. In 2023, it awarded 1 grants totaling $10K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$3K
-95.7% YoY
Annual Giving
$10K
Grant Count
1
Avg Grant Size
$10K
Under IRS private-foundation payout rules, Future Fund for Education Inc reported a distributable amount of $3K for 2023 — the minimum it must pay out in qualifying distributions.
About Future Fund for Education Inc
Based on IRS filings
Future Fund for Education Inc is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $3K in total assets. In 2023, it awarded 1 grants totaling $10K.
Focus Areas
Ready to take the next step with Future Fund for Education Inc?
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,301 | $76,878 | $323,055 |
| Revenue | $22,021 | $43,351 | $160,064 |
| Expenses | $30,687 | $33,633 | $304,604 |
| Qualifying Distributions | $20,326 | — | — |
| Net Investment Income | — | $129 | $-60,685 |
| Distributable Amount | $3,422 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Schoolinka ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHOOLINKA | EDUCATIONAL SUPPORT TO COMMUNITIES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW S TIERNEY | PRESIDENT & TREASURER | 5 | — |
| PAUL E TIERNEY | VICE PRESIDENT | 5 | — |
| PATRICIA E TIERNEY | VICE PRESIDENT & SECRETARY | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Future Fund for Education Inc?
Future Fund for Education Inc is a private foundation focused on Education, based in NEW YORK, NY. It holds $3K in total assets as of 2023.
How large is Future Fund for Education Inc?
As of 2023, Future Fund for Education Inc holds $3K in total assets with $22K in annual revenue. It awarded 1 grants totaling $10K in 2023.
What size grants does Future Fund for Education Inc award?
In 2023, Future Fund for Education Inc awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Future Fund for Education Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Future Fund for Education Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Future Fund for Education Inc's EIN?
Future Fund for Education Inc's EIN (Employer Identification Number) is 83-3955565. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Future Fund for Education Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Future Fund for Education Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Future Fund for Education Inc to a real strategy.