Futures in Education
The mission of Futures in Education is to ensure that the gift of an excellent catholic education continues to be a viable option for current and future generations of deserving students in brooklyn and queens. As a scholarship granting organization, it provides tuition assistance to the neediest of those students, regardless of their religious denomination, through endowment funds and fundraising programs.
Futures in Education at a glance
In short: Futures in Education gave $95K across 4 grants in 2025 (avg $24K), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $95,333
- +3.3% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $23,833
- +3.3% vs 2024
- Median grant
- $17,500
- Total assets
- $16,328,976
- +36.2% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Futures in Education
Open Grants
2 open opportunities from Futures in Education
Who Futures in Education funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was St John's University ($20K). Together the top 2 received $25K.
Organizations only. It also paid 2 individual scholarships ($70,000), which are not listed by name.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 12 grants of 17 (71%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Futures in Education gives
- Giving grew 28% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $56K (2020) to $96K (2023). In 2025 it made 4 grants totaling $95K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 individual scholarships Recipients not named | — | $70,000 |
| St John's University Jamaica, NY | Educational Scholarships | $20,000 |
| St Francis College Brooklyn, NY | Educational Scholarships | $5,333 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $16,328,976 | $10,869,502 | $7,761,656 | $95,333 | 4 | $699,080 |
| 2024 | $11,991,220 | $7,715,662 | $7,388,377 | $92,291 | 4 | $413,900 |
| 2023 | $12,150,556 | $9,429,112 | $7,408,139 | $95,518 | 5 | $430,945 |
| 2022 | $11,513,350 | $8,418,003 | $7,410,168 | $74,228 | 2 | $546,999 |
| 2021 | $11,663,497 | $8,970,011 | $7,343,412 | $92,540 | 2 | $515,950 |
| 2020 | $9,663,115 | $8,686,843 | $8,493,467 | $56,333 | 2 | $139,532 |
About Futures in Education
Based on IRS filings
Futures in Education is a public charity focused on Education, based in Brooklyn, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $16.3M in total assets. In 2025, it awarded 4 grants totaling $95K. Net investment income was $699K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Futures in Education is led by John Notaro, Executive Director on every filing since 2020; none of the 25 officers listed in 2025 report compensation.
Officers on the 2025 filing
John Notaro
Executive Director
On filings since 2020
14 hrs/week
No compensation reported
Veronica Tsang
Chairperson
On filings since 2020
2 hrs/week
No compensation reported
Martin Cottingham Vice
Chairperson
On filings since 2023
2 hrs/week
No compensation reported
Ana Oliveira
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Carlo A. Scissura Esq.
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Christian Garcia
Trustee
On filings since 2020
2 hrs/week
No compensation reported
John G. Duane
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Joseph Sciame
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Lester J. Owens
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Robert B. Catell
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Steven Stella
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Thomas Flood
Trustee
On filings since 2020
2 hrs/week
No compensation reported
William J. Hogan
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Bishop Robert J. Brennan
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Donna Murphy
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Msgr David L. Cassato
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Roseann Paradiso Fodera
Esq. Trustee
Trustee → Esq. Trustee, 2022
On filings since 2021
2 hrs/week
No compensation reported
Willaim Maier
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Carmine Rubino
Trustee
On filings since 2022
2 hrs/week
No compensation reported
Regina Dedick
Trustee
On filings since 2022
2 hrs/week
No compensation reported
Deacon Kevin McCormack
Trustee
On filings since 2024
2 hrs/week
No compensation reported
Reverend Kevin P. Abels
Trustee
On filings since 2024
2 hrs/week
No compensation reported
Julia Mattone Bellow
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Aida Torres
Secretary
On filings since 2020
0.8 hrs/week
No compensation reported
Nicole Steinweiss
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Former officers (12)
- Former: Joseph Mattone Sr. Esq. (2020–2024) — Trustee
- Former: Louis Grassi (2020–2024) — Trustee
- Former: Robert F. Gartland (2020–2024) — Vice Chair
- Former: A. Gail Prudenti (2021–2024) — Trustee
- Former: Msgr Jamie J. (2022–2024) — Gigantiello Trustee
- Former: Martin Cottingham (2020–2022) — Trustee
- Former: Most Rev Nicholas Dimarzio (2020–2022) — Trustee
- Former: Paul Aguggia (2020–2022) — Trustee
- Former: Alex Perez (2020–2021) — Trustee
- Former: John Loconsolo (2020–2021) — Trustee
- Former: Msgr Jamie J. Gigantiello (2020–2021) — Trustee
- Former: Msgr Kieran Harrington (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Futures in Education
How much does Futures in Education give each year?
Futures in Education gave $95K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $92K across 4 grants.
What is Futures in Education's typical grant size?
Futures in Education's median grant in 2025 was $17,500, and its average grant was $23,833, across 4 grants on its 2025 IRS Form 990.
Where does Futures in Education give grants?
Futures in Education gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.
Does Futures in Education give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Futures in Education's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Educational Scholarships" (4 grants).
How large is Futures in Education?
Futures in Education reported $16.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $10.9M.
What is Futures in Education?
Futures in Education is a public charity focused on Education, based in Brooklyn, NY. It holds $16.3M in total assets as of 2025.
What is Futures in Education's EIN?
Futures in Education's EIN (Employer Identification Number) is 20-5496382. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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