Future Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST LAFAYETTE, IN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50K
-2.0% YoY
Revenue
$2K
+145.3% YoY
Qualifying Distributions
$3K
-57.1% YoY
Expenses
$3K
-53.5% YoY
Under IRS private-foundation payout rules, Future Initiative Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Future Initiative Inc
Based on IRS filings
Future Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST LAFAYETTE, IN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $2K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $49,889 | $50,911 |
| Revenue | $2,235 | $911 |
| Expenses | $3,255 | $7,000 |
| Qualifying Distributions | $3,000 | $7,000 |
| Net Investment Income | $1,980 | $911 |
| Distributable Amount | $2,850 | $2,472 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH DU | President | 2 | — |
| QIN YANG | CFO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Future Initiative Inc?
Future Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST LAFAYETTE, IN. It holds $50K in total assets as of 2024.
How large is Future Initiative Inc?
As of 2024, Future Initiative Inc holds $50K in total assets with $2K in annual revenue.
How much is Future Initiative Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Future Initiative 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 Initiative Inc's EIN?
Future Initiative Inc's EIN (Employer Identification Number) is 85-3315120. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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