For the Future Foundation FY2022 filing

Tax-deductible

Durango, CO501(c)(3)Foundations & GrantmakersEIN 81-1608829

The specific purpose of this Organization is to identify, fund and improve nonprofit entities registered under section 501(c)(3) of the Internal Revenue Code which are located in and around the underserved rural county of La Plata, Colorado and teh United States Territory of Puerto Rico. The organization reserves the right to expand or contract its area of operations at any time and for any reason with board approval.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $42K a year · 28% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
23 mo
of spending, in cash
Looks good: 22.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$250K
×100 vs prior year
Spent
$199K
Net assets
$380K
By yearFY2020–FY2024
Revenue
$250K
FY2022▲ ×100
Revenue by fiscal year
FY2020$256K
FY2021$2K
FY2022$250K
FY2023$0
FY2024$250K
Expenses
$199K
FY2022▲ +60%
Expenses by fiscal year
FY2020$145K
FY2021$124K
FY2022$199K
FY2023$211K
FY2024$290K
Net assets
$380K
FY2022▲ +16%
Net assets by fiscal year
FY2020$450K
FY2021$328K
FY2022$380K
FY2023$169K
FY2024$128K

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 100% · $198K Operating & administrative 0% · $181

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See For the Future Foundation executive salaries →

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Programs and updates

Funds and improves rural nonprofits in La Plata County, Colorado, and Puerto Rico.

Provided by the organization

This section is blank until For the Future Foundation claims this page.

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3 program services account for $144K of program spending, described in the organization's own filed words · FY2020.
01

Faith Based Development

Sponsorship of community development and support by faith based organizations

$124Kprogram expense
02

Local Economic Development

Sponsorship of local economic forum and research in addition to local education

$11Kprogram expense
03

Youth Development

Sponsorship of K12 Academic Programs and Capital needs.

$9Kprogram expense

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 23 grants · $270K · 2024–2024
Summit Church PRFY2024$48,000
Young LifeCO · FY2024$40,910
Cross Bar X YouthFY2024$33,000
Turning PointFY2024$24,000
Men of Nehemiah INCTX · FY2024$12,000
Heritage FoundationFY2024$12,000
Hillsdale College FundingFY2024$11,100
Operation BlessFY2024$11,000
Love the NationsFY2024$10,500
The Palmas Academy INCPR · FY2024$10,000
Mexico MedicalFY2024$10,000
Shoreline City DallasFY2024$5,000
St ColumbaFY2024$5,000
Oneness Needs EveryoneCO · FY2024$2,400
Vines FoundationFY2024$1,400
Palmas ChurchFY2024$1,000
The 100 Club INCTX · FY2024$1,000
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV10
Average grantPart XV$12K
Median grantPart XV$10K
Largest grantPart XV$48K
Top cause focusNTEEYouth Development (13%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$250K
Gifts and grants$250K
Money out
$199K
Grants paid$198K
Running costs$181
Owns and owes
$380K
net assets
Cash and savings$380K
Total assets$380K
Liabilities$0
People
5
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$250K
Total revenue$250K
Assets in detailEnd of year
Cash and savings together$380K
Total assets$380K
Liabilities$0
Net assets$380K
Operations
Employees0
Volunteers3
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $250K$290K−$40K$128K 990 PDF
FY2023 $0$211K−$211K$169K 990 PDF
FY2022 Viewing $250K$199K$51K$380K 990 PDF
FY2021 $2K$124K−$121K$328K 990 PDF
FY2020 $256K$145K$110K$450K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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