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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.0M
-1.3% YoY
Annual Giving
$92K
-3.4% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$23K
+20.8% YoY
About Futures in Education
Based on IRS filings
Futures in Education is a nonprofit organization focused on Education, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 4 grants totaling $92K. Net investment income was $414K.
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 | $11,991,220 | $12,150,556 | $11,513,350 |
| Revenue | $7,715,662 | $9,429,112 | $8,418,003 |
| Expenses | $7,388,377 | $7,408,139 | $7,410,168 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $413,900 | $430,945 | $546,999 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Open Grants
2 open opportunities from Futures in Education
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cathedral Prep High School ($52,000), Our Lady of Mount Carmel ($15,786), Diocese of Brooklyn ($12,425).
| Recipient | Purpose | Amount |
|---|---|---|
| CATHEDRAL PREP HIGH SCHOOL ELMHURST, NY | EDUCATIONAL SCHOLARSHIPS | $52,000 |
| OUR LADY OF MOUNT CARMEL BROOKLYN, NY | EDUCATIONAL SCHOLARSHIPS | $15,786 |
| DIOCESE OF BROOKLYN BROOKLYN, NY | EDUCATIONAL SCHOLARSHIPS | $12,425 |
| ST FRANCIS COLLEGE BROOKLYN, NY | EDUCATIONAL SCHOLARSHIPS | $12,080 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MS VERONICA TSANG | CHAIRPERSON | 2 | — |
| MR MARTIN COTTINGHAM VICE | CHAIRPERSON | 2 | — |
| MR ROBERT F GARTLAND | VICE CHAIR THRU APR 2024 | 2 | — |
| REVEREND KEVIN P ABELS | TRUSTEE | 2 | — |
| BISHOP ROBERT J BRENNAN | TRUSTEE | 2 | — |
| MR ROBERT B CATELL | TRUSTEE | 2 | — |
| REV MSGR DAVID L CASSATO | TRUSTEE | 2 | — |
| MRS REGINA DEDICK | TRUSTEE | 2 | — |
| MR JOHN G DUANE | TRUSTEE | 2 | — |
| MR THOMAS FLOOD | TRUSTEE | 2 | — |
| MR CHRISTIAN GARCIA | TRUSTEE | 2 | — |
| REV MSGR JAMIE J | GIGANTIELLO TRUSTEE THRU NOV 2023 | 2 | — |
| MR LOUIS GRASSI | TRUSTEE THRU APR 2024 | 2 | — |
| MR WILLIAM J HOGAN | TRUSTEE | 2 | — |
| MR WILLAIM MAIER | TRUSTEE | 2 | — |
| MR JOSEPH MATTONE SR ESQ | TRUSTEE THRU MAR 2024 | 2 | — |
| DEACON KEVIN MCCORMACK | TRUSTEE | 2 | — |
| MRS DONNA MURPHY | TRUSTEE | 2 | — |
| MRS ANA OLIVEIRA | TRUSTEE | 2 | — |
| MR LESTER J OWENS | TRUSTEE | 2 | — |
| MRS ROSEANN PARADISO FODERA | ESQ. TRUSTEE | 2 | — |
| HON A GAIL PRUDENTI | TRUSTEE THRU JUN 2024 | 2 | — |
| MR CARMINE RUBINO | TRUSTEE | 2 | — |
| MR JOSEPH SCIAME | TRUSTEE | 2 | — |
| MR CARLO A SCISSURA ESQ | TRUSTEE | 2 | — |
| MR STEVEN STELLA | TRUSTEE | 2 | — |
| MR JOHN NOTARO | EXECUTIVE DIRECTOR | 14 | — |
| MRS AIDA TORRES | SECRETARY | 0.8 | — |
| MRS NICOLE STEINWEISS | TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Futures in Education?
Futures in Education is a nonprofit organization focused on Education, based in BROOKLYN, NY. It holds $12.0M in total assets as of 2024.
How large is Futures in Education?
As of 2024, Futures in Education holds $12.0M in total assets with $7.7M in annual revenue. It awarded 4 grants totaling $92K in 2024.
Where does Futures in Education operate?
Futures in Education has awarded grants in New York.
What size grants does Futures in Education award?
In 2024, Futures in Education awarded 4 grants totaling $92K — an average of about $23K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Futures in Education'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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