Imaginable Futures Foundation

REDWOOD CITY, CA EIN: 87-3273549 Website

Imaginable Futures Foundation is a private grantmaking foundation based in Redwood City, California. Established in 2022, it operates as a 501(c)(3) organization dedicated to advancing equity in education. The foundation works with partner organizations to build and strengthen educational systems that enable all learners to thrive, with particular attention to historically underserved populations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$52.2M

-5.8% YoY

Annual Giving

$22.0M

-0.8% YoY

Grant Count

-22.2% YoY

Avg Grant Size

$349K

+27.6% YoY

Under IRS private-foundation payout rules, Imaginable Futures Foundation reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Vision: A future where learning sparks opportunity and thriving belongs to everyone.

Mission: Support organizations and their collaborative efforts to build and strengthen equity in education, enabling all learners to thrive.

The foundation focuses on two primary areas within the United States:

Early Childhood Care and Parental Support: Investing in solutions that ensure parents and their young children receive the education and care support they need to thrive. The foundation recognizes that millions of parents face impossible trade-offs between raising children and pursuing education or training opportunities.
Postsecondary Education for Student Parents: Supporting systems that serve the estimated one in five current U.S. college students who are parents, as well as the 12 million more with some college experience but no degree. The foundation addresses fragmented systems that hold back these learners from achieving their educational goals.

The foundation takes a field-strengthening approach, investing in research, capacity, infrastructure, and leadership to ensure lasting change with embedded equity principles.

Grantmaking

The foundation made 57 grants in 2023, with recent grants including:

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Geographic Focus

Where this funder awards grants

The foundation works in three regions:

United States: Primary focus on early childhood care systems and postsecondary education for student parents
Kenya
Brazil

The foundation recognizes that while educational challenges differ across these regions, they often share common root causes. It supports locally led solutions and collaborates with peer funders to build fairer, healthier ecosystems for learning.

Grant Distribution by State

District of Columbia $11.4M (35%)

California $4.6M (14%)

Connecticut $3.4M (11%)

Massachusetts $3.2M (10%)

Maryland $2.0M (6%)

New York $1.9M (6%)

Colorado $1.2M (4%)

Minnesota $1.1M (3%)

+13 more states

Cities

ArlingtonAustinBirminghamBostonCambridgeCantonChapel HillChestnut HillDenverGreenvilleHartfordHonoluluHyattsvilleMill ValleyMilpitasMinneapolisMontgomeryMountain ViewNew HavenNew York

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $52.2 million
Revenue: $25.6 million
Expenses: $22.7 million
Total Liabilities: $2.48 million

As of December 2023:

Total Assets: $55.5 million
Total Revenue: $21.7 million
Total Expenses: $26.2 million
Total Giving: $22.2 million

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$52,225,573	$55,455,566	$57,954,615
Revenue	$25,572,334	$21,712,450	$71,241,385
Expenses	$22,651,093	$26,230,555	$19,743,670
Qualifying Distributions	$22,003,842	$22,173,121	$29,779,122
Net Investment Income	$20,725,752	$21,712,444	$39,163,043
Distributable Amount	$2,063,117	$2,163,969	$415,699

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

150 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include All Our Kin Inc ($1,500,000), Alliance for Early Success ($1,500,000), National Black Child Development Institute Inc ($1,500,000).

Recipient	Purpose	Amount
Acao Educativa Assessoria Pesquisa e Informacao	To support equitable education	$275,000
All Our Kin Inc New Haven, CT	General support	$1,500,000
Alliance for Early Success Washington, DC	To support early childhood education	$1,500,000
Alliance for Middle East Peace Washington, DC	Employee Directed Giving / General Support	$2,500
Amalgamated Charitable Foundation Inc Washington, DC	To support student parents	$250,000
American Council on Education Washington, DC	To support student parents	$300,000
American Friends of the Ocean Clean Up Foundation New York, NY	Employee Directed Giving / General Support	$10,000
Anti-Defamation League New York, NY	Directed giving / general support	$2,500
Ashoka Brasil	To support equitable education	$200,000
ASSOCIAcaO ACADEMIA LATINOAMERICANA DE LIDERANcA	General support	$150,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Pamela K Omidyar	Director	0.02	—
Jeffrey R Alvord	Director	0.58	—
Patricia Christen	Director	1.23	—
Amy R Klement	President	5	—
Kristina G McNeff	Secretary	5	—
Erin M Simmons	Treasurer	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Imaginable Futures Foundation fund?

**Vision:** A future where learning sparks opportunity and thriving belongs to everyone. **Mission:** Support organizations and their collaborative efforts to build and strengthen equity in education, enabling all learners to thrive. The foundation focuses on two primary areas within the United States: • **Early Childhood Care and Parental Support:** Investing in solutions that ensure parents and their young children receive the education and care support they need to thrive. The foundation rec…

How do I apply for a grant from Imaginable Futures Foundation?

The foundation made 57 grants in 2023, with recent grants including: • Third Sector New England (TSNE): $1,200,000 to support community-based groups focused on child care • The Aspen Institute: $1,166,667 to support grantees' Ascend Programs Postsecondary Success Parents Initiative • The Education Trust: $1,050,000 to support student parent policy implementation and research in Texas The foundation supports general operating support, program development, validation, and dissemination of educati…

Where does Imaginable Futures Foundation make grants?

The foundation works in three regions: • **United States:** Primary focus on early childhood care systems and postsecondary education for student parents • **Kenya** • **Brazil** The foundation recognizes that while educational challenges differ across these regions, they often share common root causes. It supports locally led solutions and collaborates with peer funders to build fairer, healthier ecosystems for learning.

What size grants does Imaginable Futures Foundation award?

In 2024, Imaginable Futures Foundation awarded 63 grants totaling $22.0M — an average of about $349K per grant, based on its IRS Form 990 filings.

How much is Imaginable Futures Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Imaginable Futures Foundation reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.