Partners For Better Futures is located in Los Altos, CA. The organization was established in 2018. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Partners For Better Futures 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 06/2024, Partners For Better Futures generated $280.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $548.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PARTNERS FOR BETTER FUTURES (PBF) HELPS IMPROVE THE LIVES OF POOR PEOPLE AROUND THE WORLD, PRIMARILY FOCUSING ON CHILDREN AND EDUCATION. PBF DOES THIS BY PARTNERING WITH LOCAL ORGANIZATIONS THAT ARE DEEPLY INVOLVED IN THEIR OWN COMMUNITIES, AND PARTICIPATING IN CAREFULLY EVALUATED PROJECTS AND PROGRAMS. THERE ARE THREE PROGRAMS WITHIN PBF: BUILD A SCHOOL IN BURMA (BSB), BUILD A SCHOOL IN INDIA (BSI), AND APC SCHOOL - PHILIPPINES (APC). PRIOR TO THE PBF'S FOUNDING THESE PROGRAMS HAD EACH OPERATED FOR SEVERAL YEARS THROUGH "FISCAL SPONSORS." IN 2018 THESE OPERATIONS JOINED TOGETHER IN A SHARED PURPOSE, TO HELP PRODUCE BETTER FUTURES FOR UNDER-SERVED PEOPLE AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE "BUILD A SCHOOL IN BURMA" (BSB) PROGRAM MAKES GRANTS TO SUPPORT CONSTRUCTION OF SCHOOL BUILDINGS IN MYANMAR. THESE GRANTS HAVE BEEN FEWER SINCE THE FEBUARY 2021 COUP, WHICH UPENDED MUCH OF THE COUNTRY. THIS YEAR BSB ALSO SUPPORTED EDUCATION FOR MYANMAR REFUGEES, BY MAKING GRANTS FOR CONSTRUCTION OF "COMMUNITY LEARNING CENTERS" IN BORDERING COUNTRIES. BSB ALSO PROVIDED HELP TO SCHOOLS THAT NEEDED NEW FURNITURE TO SUPPORT GROWING ENROLLMENTS, INSTALL SOLAR LIGHTING SYSTEMS, AND REPAIR EXISTING BUILDING. OVERALL, BSB HAS WORKED TO PROVIDE SAFE, SECURE LEARNING ENVIRONMENTS FOR STUDENTS IN POOR, UNDERSERVED COMMUNITIES, INCLUDING REFUGEES.
THE MYANMAR HUMANITARIAN RELIEF PROGRAM PROVIDED HELP TO PEOPLE IN NEED, PARTICULARLY IN BORDER AREAS. FOOD AND OTHER EMERGENCY HELP WAS PROVIDED IN SEVERAL COMMUNITIES WHERE THERE WERE SHORTAGES OF FOOD, MEDICINE, AND BASIC SUPPLIES. GRANTS WERE MADE TO CHURCHES, MONASTIC ORGANIZATIONS, AND LOCAL NGO'S WHO DISTRIBUTED AID DIRECTLY TO PEOPLE.
"APC SCHOOL" PROGRAM MADE GRANTS TO SUPPORT ONGOING OPERATIONS OF APU PALAMGUWAN CULTURAL EDUCATION CENTER (APC) WHICH PROVIDES AN INTEGRATED AND HOLISTIC EDUCATION FOR THE INDIGENOUS CHILDREN AND YOUTH ALONG THE PANTARON RANGE OF MINDANAO, PHILIPPINES. THE APC SCHOOL WORKS TO PROMOTE AND DEEPEN CULTURAL UNDERSTANDING WHILE PROVIDING APPROXIMATELY 400 INDIGENOUS CHILDREN WITH THE KNOWLEDGE AND SKILLS THEY NEED TO CONFIDENTLY RELATE WITH MAINSTREAM PHILIPPINE SOCIETY AND ADVANCE IN THE FORMAL EDUCATION LADDER.
THE BUILD A SCHOOL IN INDIA (BSI) PROGRAM MADE GRANTS TO INCREASE ACCESS TO EDUCATION PRIMARILY TO DISADVANTAGED STUDENTS IN RURAL INDIA. GRANT TO MATA BALAK UTKARSHA PRATISHTHAN, A MULTI-SOCIAL SERVICE ORGANIZATION SERVING A LARGE RURAL AREA, FOR OPERATING COSTS AND FUND DEVELOPMENT. GRANT TO UTKARSH VIDYALAYA, A SCHOOL WITH 1,000 STUDENTS, PRE-KG THROUGH HS, FOR OPERATING COSTS. GRANT FOR OPERATING COSTS OF JNANA PRABODHINI HARALI SCHOOL, 1ST GRADE THROUGH HS, IN A VERY RURAL AREA WITH ABOUT 250 STUDENTS. GRANT FOR OPERATING COSTS TO ANANDAKSAAN LEARNING CENTER. TO INCREASE ENROLLMENT OF DISADVANTAGED STUDENTS. GRANT TO ACTION FOR SELF RELIANCE HOPE. SUPPORT GIRLS EDUCATION 9TH TO 12TH GRADES, INCLUDING SCIENCE, TECHNOLOGY AND ENGLISH. SUPPORT FOR OPERATING COSTS OF COCHLEA PUNE FOR HEARING AND SPEECH, AN ORGANIZATION HELPING CHILDREN WITH SEVERE HEARING IMPAIRMENT. A GRANT TO SONDARA GURUKULAM EDUCATION CENTER FOR NEW CURRICULUM AND EQUIPMENT FOR SCIENCE COURSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Naing Lin Swe Country Director - Burma | Officer | 40 | $0 |
Andrew Lederer President | OfficerTrustee | 25 | $0 |
Daniel Kipp Treasurer | OfficerTrustee | 10 | $0 |
Robert G Cornwell Vice President | OfficerTrustee | 10 | $0 |
Mark Kirchen Secretary | OfficerTrustee | 5 | $0 |
Joyce Mckinney Board Member | Trustee | 1 | $0 |
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 | $270,017 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $270,017 |
Total Program Service Revenue | $0 |
Investment income | $10,825 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $280,842 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
Grants and other assistance to domestic individuals. | $26,265 |
Grants and other assistance to Foreign Orgs/Individuals | $468,978 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $22,250 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,186 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $28 |
Advertising and promotion | $0 |
Office expenses | $452 |
Information technology | $923 |
Royalties | $0 |
Occupancy | $0 |
Travel | $13,171 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $548,358 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $312,194 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $120,557 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $432,751 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $432,751 |
Total liabilities and net assets/fund balances | $432,751 |