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 2024.
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
Frequently Asked Questions
What is New Futures?
New Futures is a nonprofit organization focused on Human Services, based in WASHINGTON, DC. It holds $3.9M in total assets as of 2024.
How large is New Futures?
As of 2024, New Futures holds $3.9M in total assets with $3.6M in annual revenue.
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.
Explore Open Grants
Browse active grant opportunities in New Futures'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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