EIN 20-5496382

Futures in Education

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2006
Most recent tax filings
2022-08-01
NTEE code, primary
Description
Futures in Education ensures excellent Catholic education remains viable in Brooklyn and Queens by providing tuition assistance, program support, and scholarship programs. Their "Be an Angel to a Student" program connects donors with families in need for tuition assistance, while their Bishop's Scholarship Program promotes enrollment of students from public schools into Catholic schools for families with financial need.
Total revenues
$8,418,003
2022
Total expenses
$7,410,168
2022
Total assets
$11,513,350
2022
Num. employees
0
2022

Program areas at Futures in Education

Diocese of brooklyn scholarship program makes a quality catholic Education available to as many families as possible by offering partial scholarships to families in financial need of tuition assistance for students in pre-k to 8th grade enrolled in catholic grammar schools in brooklyn and queens. in fy'22, the program awarded scholarships to 2,131 students for a total amount of $2,415,033.
Be an angel to a student program a sponsorship program where a donor, an angel, pays a portion of the student's tuition for a family with extraordinary need to help send their children to a catholic school they love. The student sends. Correspondence to the angel throughout the school year, including letters, greetings. And report cards. in fy'22, the program awarded scholarships to 752 students for a total amount of $1,509,571.
Bishop's scholarship program in conjunction with the children's scholarship fund (csf), the program stimulates enrollment of students from public schools into catholic schools for those families with financial need of tuition assistance in line with csf's aim to maximize educational opportunity for all children. in fy'22, the programs awarded scholarships to 1,728 students for a total amount of $2,006,861.

Who funds Futures in Education

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Victoria Loconsolo FoundationFor General Charitable Purposes$312,500
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$110,000
Tiro A Segno FoundationDonation for Tuition$40,000
...and 17 more grants received

Personnel at Futures in Education

NameTitleCompensation
John NotaroExecutive Director$0
Michelle FoxDirector of Programs
Lauren McCormackDirector of Mission Advancement
Aida TorresSecretary and Associate Director of Operations$0
Veronica TsangChairperson / Trustee$0
...and 4 more key personnel

Financials for Futures in Education

RevenuesFYE 08/2022
Total grants, contributions, etc.$8,049,512
Program services$0
Investment income and dividends$208,482
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$338,517
Net income from fundraising events$-202,060
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23,552
Total revenues$8,418,003

Form 990s for Futures in Education

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-15990View PDF
2020-082021-07-15990View PDF
2019-082021-08-23990View PDF
2018-122020-01-27990View PDF
2017-122018-12-22990View PDF
...and 8 more Form 990s
Data update history
June 26, 2023
Updated personnel
Identified 6 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $2,000 from Lostritto Family Foundation
November 22, 2022
Used new vendors
Identified 2 new vendors, including , and
August 3, 2022
Received grants
Identified 3 new grant, including a grant for $13,000 from American Endowment Foundation
April 13, 2022
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
243 Prospect Park West
Brooklyn, NY 11215
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
futuresineducation.org/ 
Phone
(718) 965-7308
IRS details
EIN
20-5496382
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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