Futureus Foundation

Private foundation · Grantmaker Covington, LA EIN: 27-0004671

Futureus Foundation is a private foundation, based in Covington, LA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5K in total assets. In 2025, it awarded 2 grants totaling $85K.

Futureus Foundation at a glance

In short: Futureus Foundation gave $85K across 2 grants in 2025 (avg $43K), mostly in Louisiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$85,000
-65.9% vs 2024
Grants made (2025)
2
-33.3% vs 2024
Average grant
$42,500
-48.8% vs 2024
Median grant
$42,500
Total assets
$4,882
+49.4% vs 2024
Primary geography
Louisiana (74% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Futureus Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Community Initiatives Foundation: $63KCommunity InitiativesFoundation$63KTerry Amey: $23KTerry Amey$23K

The largest 2025 recipient was Community Initiatives Foundation ($63K). Together the top 2 received $85K.

Grant Size Distribution

15 grants across all recorded years

8<$50K3$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 15 (53%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

Baton RougeCorpus ChristiHoustonBraintreeCovingtonWashington

How Futureus Foundation gives

  • Giving fell 52% from 2022 to 2025. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants2019 2 grants2020 3 grants2021 4 grants2022 3 grants2023 3 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $17K (2020) to $249K (2024). In 2025 it made 2 grants totaling $85K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Community Initiatives Foundation Baton Rouge, LADonation$62,500
Terry Amey Corpus Christi, TXFamilies in Need$22,500
Your AI grants department

Ready to take the next step with Futureus Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying Distributions
2025$4,882$86,825$85,210$85,0002$85,000
2024$3,267$250,750$249,580$249,2503$249,250
2023$2,097$111,000$110,150$110,0003$110,000
2022$1,247$177,000$177,190$177,0004$177,000
2021$1,437$155,000$155,080$155,0003—
2020$1,517$15,000$17,060$17,0002—
2019$3,577$75,000$78,080$78,0003—

Leadership & Key People

Officers and directors from IRS filings

Futureus Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kenton McDonald

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lee D. Barberito

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Futureus Foundation

How much does Futureus Foundation give each year?

Futureus Foundation gave $85K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $249K across 3 grants.

How large is Futureus Foundation?

Futureus Foundation reported $5K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $87K.

Where does Futureus Foundation operate?

Futureus Foundation has awarded grants in District of Columbia, Louisiana, Massachusetts, Texas.

What is Futureus Foundation's EIN?

Futureus Foundation's EIN (Employer Identification Number) is 27-0004671. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 1, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 2, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 18, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 8, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 9, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 24, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 17, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Explore Open Grants

Browse active grant opportunities in Futureus Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in Louisiana

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Futureus Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Futureus Foundation down — hundreds of funders to go?

Want AI to do this for you?