Future Fund for Education Inc
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 grant totaling $10K.
Key facts about Future Fund for Education Inc
In short: Future Fund for Education Inc gave $10K across 1 grant in 2023 (avg $10K). Source: 2023 IRS Form 990-PF.
- EIN
- 83-3955565
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $10,000
- Grants made (2023)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $3,301
Data from IRS Form 990-PF, 2023; updated September 2026.
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.
How Future Fund for Education Inc gives
- In 2023 it paid out 594% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 1 grant totaling $10K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Schoolinka ($10K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Schoolinka | Educational Support to Communities | $10,000 |
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 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Future Fund for Education Inc is led by Matthew S. Tierney, President & Treasurer since 2021 (on filings since 2020); none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Matthew S. Tierney
President & Treasurer
President & Treasury → President & Treasurer, 2021
On filings since 2020
5 hrs/week
No compensation reported
Patricia E. Tierney
Vice President & Secretary
On filings since 2020
5 hrs/week
No compensation reported
Paul E. Tierney
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Future Fund for Education Inc
How much does Future Fund for Education Inc give each year?
Future Fund for Education Inc gave $10K across 1 grant in 2023, according to its 2023 IRS Form 990-PF.
How large is Future Fund for Education Inc?
Future Fund for Education Inc reported $3K in total assets on its 2023 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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