MISSION: TO CREATE EDUCATIONAL OPPORTUNITIES FOR REWARDING CAREERS. THE ORGANIZATION PROVIDES A PRACTICAL YET INNOVATIVE PROGRAM OF SCHOLARSHIPS, CAREER EDUCATION SERVICES, AND SUPPORT TO LOW-INCOME DC-AREA YOUNG PEOPLE PURSUING SHORTER-TERM POST-SECONDARY EDUCATIONAL OPPORTUNITIES TOWARD FULFILLING CAREERS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
+52.4% YoY
Revenue
$3.6M
+106.4% YoY
Net Investment Income
$113K
+108.5% YoY
Expenses
$2.4M
+10.3% YoY
About New Futures
Based on IRS filings
New Futures is a nonprofit organization focused on Human Services, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. Net investment income was $113K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,940,715 | $2,585,787 | $2,874,489 |
| Revenue | $3,638,628 | $1,762,627 | $1,440,926 |
| Expenses | $2,359,816 | $2,138,726 | $2,176,911 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $113,337 | $54,355 | $15,372 |
| 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 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
1 open opportunity from New Futures
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIM VINICK | CHAIR | 4 | — |
| HEATHER WATHINGTON PHD | VICE CHAIR | 4 | — |
| ELIZABETH HAILE HAYES | SECRETARY | 4 | — |
| SUSAN KRAUSE BELL PHD | TREASURER | 4 | — |
| LORI JACKSON | BOARD MEMBER | 2 | — |
| KENDRA GRINNAGE | BOARD MEMBER | 2 | — |
| JUSTIN DUFOUR | BOARD MEMBER | 2 | — |
| JEFF OBERSTEIN | BOARD MEMBER | 2 | — |
| SELVON WALDRON | BOARD MEMBER | 2 | — |
| MARY ZMUDA | BOARD MEMBER | 2 | — |
| RICHA BATRA | BOARD MEMBER | 2 | — |
| SHERROD WILLIAMS | CHEIF EXECUTIVE OFFICER | 40 | $204,949 |
| MOLLY FRIESENBORG | DIRECTOR OF SCHOLAR PROGRAMS | 40 | $104,560 |
| SHIREE SKINNER | DIRECTOR OF DEV. & COMMUNICATIONS | 40 | $111,335 |
| GRISELDA MACIAS | DIRECTOR OF PROGRAMS | 40 | $112,007 |
| JAMILA WILLIAMS | DIRECTOR OF PEOPLE, CULTURE & OPERATIONS | 40 | $110,277 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with New Futures on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities