Building Futures Foundation
- Assets
- $0.0
- Revenue
- $3.4m
- Investments
- $5.6m
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 07/2006
- Data as of
- 03/2021
- EIN
- 20-4746134
Organization Overview
Building Futures Foundation is located in Fremont, CA. The organization was established in 2006. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Building Futures 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 03/2021, Building Futures Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $329.6k during the year ending 03/2021. While expenses have increased by 19.8% 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.
Since 2018, Building Futures Foundation has awarded 127 individual grants totaling $1,412,650. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lin Dee Liu CFO | 40 | $35,000 | |
Eric Liu Secretary | 1 | $0 | |
Yu Sheng Victor Liu CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,772,500 |
| Interest on Savings | $567,899 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,378,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $18,861 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $83,077 |
| Contributions, gifts, grants paid | $246,500 |
| Total expenses and disbursements | $329,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,904 |
| Investments—mortgage loans | $5,625,000 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Building Futures Foundation has awarded $313,100 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Bloomington, IN PURPOSE: DONATION TO SUPPORT EDUCATIONAL FUND | $160,000 |
FRIENDS OF SOOCHOW UNIVERSITY PURPOSE: DONATION TO SUPPORT EDUCATIONAL FUND | $27,000 |
BAKER DEMONSTRATION PURPOSE: DONATION TO SUPPORT EDUCATIONAL FUND | $20,000 |
FU-JEN UNIVERSITY PURPOSE: DONATION TO SUPPORT EDUCATIONAL FUND | $15,000 |
Chicago, IL PURPOSE: DONATION TO SUPPORT EDUCATIONAL FUND | $15,000 |
Los Angeles, CA PURPOSE: DONATION TO SUPPORT EDUCATIONAL FUND | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Building Futures Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Jt Family Foundation Los Gatos, CA PURPOSE: CHARITY GIFT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |