The Bright Future Foundation
The Bright Future Foundation is a private foundation, based in Fullerton, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $734K in total assets. In 2025, it awarded 2 grants totaling $41K. Net investment income was $23K.
Key facts about The Bright Future Foundation
In short: The Bright Future Foundation gave $41K across 2 grants in 2025 (avg $21K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 37-2007510
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $41,274
- Grants made (2025)
- 2
- Average grant
- $20,637
- Median grant
- $20,637
- Total assets
- $733,742
- Primary geography
- California (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$734K
+35.2% YoY
Annual Giving
$41K
+49.7% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$21K
+49.7% YoY
Under IRS private-foundation payout rules, The Bright Future Foundation reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.
How The Bright Future Foundation gives
- In 2025 it paid out 156% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $28K (2024) to $41K (2025). In 2025 it made 2 grants totaling $41K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Hope Builders ($40K). Together the top 2 received $41K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Builders Santa Ana, CA | Training and Mentoring | $40,250 |
| Friends Church Yorba Linda, CA | Kids Programs | $1,024 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $733,742 | $542,808 | $165,276 |
| Revenue | $239,363 | $407,330 | $588 |
| Expenses | $48,429 | $29,798 | $35,313 |
| Qualifying Distributions | $48,429 | $29,798 | $34,725 |
| Net Investment Income | $23,249 | $5,161 | — |
| Distributable Amount | $31,065 | $15,087 | $9,417 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Bright Future Foundation is led by Donald F. Holly Jr., Director & CEO on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Donald F. Holly Jr.
Director & CEO
On filings since 2020
No compensation reported
Donald F. Holly Sr.
Director & Secretary
Director, Secretary & CFO → Director & Secretary, 2023
On filings since 2020
No compensation reported
Julio Comacho
Director
On filings since 2020
No compensation reported
Tiffany Smith
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 The Bright Future Foundation
How much does The Bright Future Foundation give each year?
The Bright Future Foundation gave $41K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $28K across 2 grants.
How large is The Bright Future Foundation?
The Bright Future Foundation reported $734K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets).
Where does The Bright Future Foundation operate?
The Bright Future Foundation has awarded grants in California, New York.
What is The Bright Future Foundation's EIN?
The Bright Future Foundation's EIN (Employer Identification Number) is 37-2007510. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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