Partnership For The Future Inc

Organization Overview

Partnership For The Future Inc is located in Glen Allen, VA. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Partnership For The Future Inc employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For The Future Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Partnership For The Future Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 8.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PARTNERSHIP FOR THE FUTURE EQUIPS HIGH ACHIEVING HIGH SCHOOL STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAMMING: PARTNERSHIP FOR THE FUTURE (PFF) IS DEDICATED TO HELPING LOW TO MODERATE-INCOME STUDENTS, MOST OF WHOM ARE FIRST GENERATION COLLEGE STUDENTS, BRIDGE THE ACADEMIC, FINANCIAL, AND CULTURAL GAPS THAT ARE KNOW ROADBLOCKS TO ATTENDING AND SUCCESSFULLY COMPLETING COLLEGE AND AS PROFESSIONALS. FOR 2021, 402 STUDENTS FROM LOCAL HIGH SCHOOLS WERE ENROLLED IN THE PFF PROGRAM. LOCAL BUSINESSES PARTNER WITH PFF TO PROVIDE PAID INTERNSHIPS FOR PARTICIPANTS TO ENHANCE THEIR PROFESSIONAL DEVELOPMENT AND FUTURE EMPLOYABILITY. PFF PROVIDES YEAR-ROUND WORKFORCE DEVELOPMENT TRAINING TO PREPARE OUR STUDENTS FOR THEIR SUMMER INTERNSHIP EXPERIENCE. STUDENTS ARE PLACED IN PFF'S INTERNAL CAREER IMMERSION PROGRAM OR AN EXTERNAL INTERNSHIP PLACEMENT MONDAY-THURSDAY AND RECEIVE PERSONAL DEVELOPMENT, FINANCIAL LITERACY, OR CAREER READINESS TRAINING OR ATTEND COLLEGE TOURS ON FRIDAYS.


COLLEGE READINESS, ACADEMIC EXCELLENCE, WORKFORCE DEVELOPMENT, PERSONAL DEVELOPMENT, FINANCIAL LITERACY, AND CULTURAL CAPITAL CONTINUE TO BE THE PRIMARY FOCUS OF OUR YEAR-ROUND PROGRAM. IN ADDITION TO MONTHLY 1:1 MENTORSHIP FROM PFF STAFF AND VOLUNTEERS, OUR HIGH SCHOOL STUDENTS PARTICIPATE IN THREE CULTURAL CAPITAL SESSIONS. WE NURTURE OUR STUDENTS WITH NEW EXPERIENCES, NEW RELATIONSHIPS, AND NEW EDUCATIONAL OPPORTUNITIES DESIGNED TO HELP THEM SUCCEED. OUR PROGRAM IS DESIGNED TO GIVE OUR APPLICANTS A COMPETITIVE EDGE IN THE COLLEGE ADMISSIONS PROCESS AND ENSURE THEY ARE PREPARED TO SUCCESSFULLY COMPLETE COLLEGE AND FOR THE WORKFORCE POST-GRADUATION.


COLLEGE TOURS & FAIRS: PARTICIPANTS ARE EXPOSED TO A VARIETY OF COLLEGES VIA COLLEGE TOURS AND FAIRS. THESE TOURS (BOTH DAY TRIPS & OVERNIGHTS) ALLOW THE STUDENT TO VISIT SOME OF THE BEST SCHOOLS IN VIRGINIA, NORTH CAROLINA, AND MARYLAND. IN ADDITION, THE STUDENTS PARTICIPATE IN A PRIVATE COLLEGE FAIR DESIGNED SPECIFICALLY FOR THEM.


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Board, Officers & Key Employees

Name (title)Compensation
Dionne W Henderson
President & CEO
$136,840
Joi Dean
Vice Chairman
$0
Mary Allen Waller
Treasurer
$0
Austin Welder
Chairman
$0
Chasity Miller
Secretary
$0
John Atkinson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,066,560
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,066,560
Total Program Service Revenue$0
Investment income $603
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $24,549
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,125,328

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Partnership For The Future Inc has recieved totaling $70,000.

Awarding OrganizationAmount
Brookfield Inc

Richmond, VA

PURPOSE: GENERAL

$70,000
View Grant Recipient Profile

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