New Futures
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.
New Futures at a glance
- Total assets
- $3,940,715
- +52.4% vs 2023
- Revenue (2024)
- $3,638,628
- +106.4% vs 2023
- Net investment income (2024)
- $113,337
- +108.5% vs 2023
- Expenses (2024)
- $2,359,816
- +10.3% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to New Futures
- Next open deadline
- January 31, 2027 (New Futures Scholars Program)
Open Grants
1 open opportunity from New Futures
Who New Futures funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 3 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Layc Career Academy Washington, DC | Scholarship and Scholar Support Programs | $14,907 |
| College Tracks Bethesda, MD | Scholarship and Scholar Support Programs | $13,560 |
| Liberty's Promise Alexandria, VA | Scholarship and Scholar Support Programs | $11,940 |
Ready to take the next step with New Futures?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,940,715 | $3,638,628 | $2,359,816 | — | — | $113,337 |
| 2023 | $2,585,787 | $1,762,627 | $2,138,726 | — | — | $54,355 |
| 2022 | $2,874,489 | $1,440,926 | $2,176,911 | — | — | $15,372 |
| 2021 | $3,353,001 | $1,588,607 | $1,896,790 | — | — | $13,108 |
| 2020 | $3,346,279 | $3,064,781 | $1,508,158 | $40,407 | 3 | $16,724 |
About New Futures
Based on IRS filings
New Futures is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
New Futures is led by Kim Vinick, Chair since 2024 (on filings since 2020); 5 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Kim Vinick
Chair
Board Member → Secretary, 2023
Secretary → Chair, 2024
On filings since 2020
4 hrs/week
No compensation reported
Griselda Macias
Director of Programs
On filings since 2022
40 hrs/week
$106K (2022) → $112K (2024)
Jamila Williams
Director of People, Culture & Operations
Director of People, Culture & Oper. → Director of People, Culture & Operations, 2024
On filings since 2023
40 hrs/week
$106K (2023) → $110K (2024)
Shiree Skinner
Director of Development & Communications
On filings since 2023
40 hrs/week
$109K (2023) → $111K (2024)
Molly Friesenborg
Director of Scholar Programs
New on the 2024 filing
40 hrs/week
$105K (2024)
Sherrod Williams
Cheif Executive Officer
Chief Executive Officer → Cheif Executive Officer, 2024
On filings since 2023
40 hrs/week
$168K (2023) → $205K (2024)
Elizabeth Haile Hayes
Secretary
Board Member → Secretary, 2024
On filings since 2020
4 hrs/week
No compensation reported
Heather Wathington PhD
Vice Chair
Board Member → Development Chair, 2021
Development Chair → Vice Chair, 2023
On filings since 2020
4 hrs/week
No compensation reported
Kendra Grinnage
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Susan Krause Bell PhD
Treasurer
Chair → Treasurer, 2024
On filings since 2020
4 hrs/week
No compensation reported
Justin Dufour
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Lori Jackson
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Selvon Waldron
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Mary Zmuda
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Jeff Oberstein
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Richa Batra
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (18)
- Former: Jonathan Mathis (2020–2023) — Programs Chair
- Former: Michael Kershow (2020–2023) — Board Member
- Former: Jeffrey Oberstein (2022–2023) — Board Member
- Former: Aurelio Rivera (2023) — Board Member
- Former: Kelly Makimoto-Murphy (2023) — Board Member
- Former: Liya Abarago (2023) — Board Member
- Former: Robert Saum (2023) — Treasurer
- Former: Andrew K. Brown (2020–2022) — Board Member
- Former: Barbara Kafka (2020–2022) — Treasurer
- Former: Julie Green (2020–2022) — Executive Director
- Former: Patience Peabody (2020–2022) — Vice Chair
- Former: Vincena Allen (2020–2022) — Board Member
- Former: Bob Saum (2021–2022) — Board Member
- Former: David Lesser (2020) — Development Chair
- Former: Emily Van Agtmael (2020) — Board Member
- Former: Kaleen Love (2020) — Board Member
- Former: Natasha Rodriguez (2020) — Board Member
- Former: Romana Li (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $205K, to Sherrod Williams (Cheif Executive Officer). 5 officers or directors reported compensation on that filing.
Frequently asked questions about New Futures
How large is New Futures?
New Futures reported $3.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.6M.
What is New Futures?
New Futures is a public charity focused on Human Services, based in Washington, DC. It holds $3.9M in total assets as of 2024.
Where does New Futures operate?
New Futures has awarded grants in District of Columbia, Maryland, Virginia.
What is New Futures's EIN?
New Futures's EIN (Employer Identification Number) is 52-2180378. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
- IRS filings on file for fiscal years 2020–2024
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New Futures down — hundreds of funders to go?