Future Energies Foundation

Organization Overview

Future Energies Foundation is located in Pearland, TX. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Energies Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AS A SCIENTIFIC PLATFORM THAT CAN FOSTER CHANGE IN PUBLIC SOCIETY BY HELPING INNOVATIVE CLEAN TECHNOLOGIES PARTNERS ACCELERATE THEIR SOLUTIONS FOR DEVELOPMENT OF INNOVATIVE SCIENTIFIC SOLUTIONS IN CLEAN ENERGY AND RENEWABLE TECHNOLOGY SPACE

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH THIS PROGRAM, WE DEPLOYED A BATTERY ENERGY STORAGE SYSTEM FOR STUDYING THE IMPACT OF USING INNOVATIVE LITHIUM-ION BATTERY CELLS FOR ENERGY STORAGE AND THEIR LONGEVITY IN EXTREME CONDITIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Vidya Sagar Asalapuram
President
$0
Balu Jegganathan
Vice President
$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$353,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$353,500
Total Program Service Revenue$0
Investment income $0
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 $353,500

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