For The Future Foundation
- Assets
- $328.5k
- Revenue
- $2.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Durango, CO
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 81-1608829
Organization Overview
For The Future Foundation is located in Durango, CO. The organization was established in 2016. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. For The Future Foundation 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, For The Future Foundation generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (60.3%) each year. All expenses for the organization totaled $123.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, For The Future Foundation has awarded 27 individual grants totaling $254,515. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATING TO PUBLIC CHARITIES ACCOUNTING EXPENSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Cox Secretary | 0.5 | $0 | |
Randall Swan Director | 0.5 | $0 | |
Rob Swan President | 0.5 | $0 | |
Laura Swan Director | 0.5 | $0 | |
Justin Bates Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $100 |
| Contributions, gifts, grants paid | $123,745 |
| Total expenses and disbursements | $123,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328,226 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $250 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $328,476 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, For The Future Foundation has awarded $123,745 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Colorado Springs, CO PURPOSE: FAITH BASED DEVELOPMENT; COUNSELING FOR YOUTH IN LOCAL COMMUNITY | $22,597 |
Durango, CO PURPOSE: YOUTH DEVELOPMENT; ENTREPRENEURSHIP EDUCATION HAWK TANK | $15,000 |
CROSS BAR X YOUTH PURPOSE: FAITH BASED DEVELOPMENT; COUNSELING FOR INNER-CITY YOUTH | $14,150 |
Hillsdale, MI PURPOSE: ECONOMIC DEVELOPMENT; PROTECTING CONSTITUTIONAL RIGHTS | $13,480 |
THE HUNDRED CLUB PURPOSE: ECONOMIC DEVELOPMENT; TRAINING AND EDUCATION FOR POLICE DEPARTMENT | $11,416 |
Washington, DC PURPOSE: ECONOMIC DEVELOPMENT; PROTECTING CONSTITUTIONAL RIGHTS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Firespring Foundation Lincoln, NE | $112,088 | $3,882,947 |
Nonprofit Learning Lab Denver, CO | $177,755 | $559,380 |
For The Future Foundation Durango, CO | $328,476 | $2,500 |
Global Mountain Fund Inc Albuquerque, NM | $95,232 | $34,137 |
Nonprofitgo Inc Wichita, KS | $76,539 | $0 |
Lawrence Institute Scottsdale, AZ | $20,224 | $4 |