NonprofitsFutures In Education

Education

Futures In Education

BROOKLYN, NY

Total revenue

$7.7M

Total expenses

$7.4M

Net assets

$11.7M

Grants received

$7.6M

88 grants

EIN

205496382

Tax year

2023

Mission

The mission of futures in education is to ensure that the gift of an excellent catholic education continues to be a viable option for current and future generations of deserving students in brooklyn and queens. As a scholarship granting organization, it provides tuition assistance to the neediest of those students, regardless of their religious denomination, through endowment funds and fundraising programs.

Programs

3 programs

Futures in education 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 12th grade enrolled in catholic elementary and high schools in brooklyn and queens. In fy'24, the program awarded scholarships to 1,689 students for a total amount of $2,023,703.

Expenses: $2.0MGrants: $2.0M

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'24, the program awarded scholarships to 714students for a total amount of $1,501,985.

Expenses: $1.5MGrants: $1.5M

Other needs-based scholarshipsfutures in education provides additional scholarships to high school students and other students in financial need that do not fall into the categories of the three programs listed above.

Expenses: $741KGrants: $125K

Financials

FY 2023

Revenue

Contributions & grants$7.5M
Program service revenue
Investment income$414K
Other revenue
Total revenue$7.7M

Expenses

Grants paid$5.8M
Salaries & benefits
Fundraising$471K
Other expenses$1.6M
Total expenses$7.4M
Total assets$12.0M
Net assets$11.7M

People

29 listed

NameRoleCompensation

MS VERONICA TSANG

CHAIRPERSON

Board

2 hrs/wk

MR MARTIN COTTINGHAM VICE

CHAIRPERSON

Board

2 hrs/wk

MR ROBERT F GARTLAND

VICE CHAIR THRU APR 2024

Board

2 hrs/wk

REVEREND KEVIN P ABELS

TRUSTEE

Board

2 hrs/wk

BISHOP ROBERT J BRENNAN

TRUSTEE

Board

2 hrs/wk

MR ROBERT B CATELL

TRUSTEE

Board

2 hrs/wk

REV MSGR DAVID L CASSATO

TRUSTEE

Board

2 hrs/wk

MRS REGINA DEDICK

TRUSTEE

Board

2 hrs/wk

MR JOHN G DUANE

TRUSTEE

Board

2 hrs/wk

MR THOMAS FLOOD

TRUSTEE

Board

2 hrs/wk

MR CHRISTIAN GARCIA

TRUSTEE

Board

2 hrs/wk

REV MSGR JAMIE J

GIGANTIELLO TRUSTEE THRU NOV 2023

Board

2 hrs/wk

MR LOUIS GRASSI

TRUSTEE THRU APR 2024

Board

2 hrs/wk

MR WILLIAM J HOGAN

TRUSTEE

Board

2 hrs/wk

MR WILLAIM MAIER

TRUSTEE

Board

2 hrs/wk

MR JOSEPH MATTONE SR ESQ

TRUSTEE THRU MAR 2024

Board

2 hrs/wk

DEACON KEVIN MCCORMACK

TRUSTEE

Board

2 hrs/wk

MRS DONNA MURPHY

TRUSTEE

Board

2 hrs/wk

MRS ANA OLIVEIRA

TRUSTEE

Board

2 hrs/wk

MR LESTER J OWENS

TRUSTEE

Board

2 hrs/wk

MRS ROSEANN PARADISO FODERA

ESQ. TRUSTEE

Board

2 hrs/wk

HON A GAIL PRUDENTI

TRUSTEE THRU JUN 2024

Board

2 hrs/wk

MR CARMINE RUBINO

TRUSTEE

Board

2 hrs/wk

MR JOSEPH SCIAME

TRUSTEE

Board

2 hrs/wk

MR CARLO A SCISSURA ESQ

TRUSTEE

Board

2 hrs/wk

MR STEVEN STELLA

TRUSTEE

Board

2 hrs/wk

MR JOHN NOTARO

EXECUTIVE DIRECTOR

Board

14 hrs/wk

MRS AIDA TORRES

SECRETARY

Board

0.8 hrs/wk

MRS NICOLE STEINWEISS

TREASURER

Board

2 hrs/wk

Grants received

Showing 88 of 88

FromAmountPurposeYear
$1M
TUITION ASSISTANCE FOR STUDENTS FROM LOW-INCOME FAMILIES TO ENROLL IN CATHOLIC SCHOOLS
2024
$182K
CHARITABLE CONTRIBUTION
2024
$25K
GENERAL SUPPORT
2024
$15K
SCHOLARSHIP FUND
2024
$6K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
TO SUPPORT SOCIAL AND EDUCATIONAL NEEDS OF LOCAL IMMIGRANTS.
2024
$500
TO ENSURE THE AVAILABILITY OF CATHOLIC EDUCATION FOR ALL STUDENTS
2024
$1M
SUPPORT FUTURES IN EDUCATION SCHOLARSHIP PROGRAM
2023
$310K
FOR GENERAL CHARITABLE PURPOSES
2023
$123K
For grant recipient's exempt purposes
2023
$30K
UNRESTRICTED GENERAL SUPPORT
2023
$20K
Annual Scholarship Dinner Sponsorship
2023
$15K
GENERAL SUPPORT
2023
$15K
ANNUAL SCHORALSHIP FUND
2023
$12K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$6K
EDUCATIONAL SUPPORT
2023
$5K
PROGRAM/OPERATING SUPPORT
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$2K
charitable/EDUCATIONAL
2023
$2M
FUTURES IN EDUCATION SCHOLARSHIP PROGRAM
2022
$315K
FOR GENERAL CHARITABLE PURPOSES
2022
$155K
For grant recipient's exempt purposes
2022
$45K
UNRESTRICTED GENERAL SUPPORT
2022
$9K
GENERAL SUPPORT
2022
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$6K
GENERAL OPERATING
2022
$6K
EDUCATIONAL GRANT
2022
$4K
TO SUPPORT SOCIAL AND EDUCATIONAL NEEDS OF LOCAL IMMIGRANTS
2022
$3K
TO PROMOTE EDUCATION
2022
$250
MIP PAYOUT FOR 11/09/22
2022
$110K
For grant recipient's exempt purposes
2021
$110K
For grant recipient's exempt purposes
2021
$20K
GENERAL SUPPORT
2021
$13K
GENERAL SUPPORT
2021
$7K
For recipient's exempt purpose
2021
$2K
TO SUPPORT SOCIAL AND EDUCATIONAL NEEDS OF LOCAL IMMIGRANTS
2021
$2K
EDUCATIONAL
2021
$2K
Donation
2021
$1M
FUTURES IN EDUCATION SCHOLARSHIP PROGRAM
2020
$263K
FOR GENERAL CHARITABLE PURPOSES
2020
$95K
For grant recipient's exempt purposes
2020
$13K
GENERAL SUPPORT
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$8K
PROGRAM SUPPORT FOR NEEDY STUDENTS
2020
$7K
Donation
2020
$6K
GENERAL OPERATING
2020
$2K
Educational Programs
2020
$2K
TO SUPPORT SOCIAL AND EDUCATIONAL NEEDS OF LOCAL IMMIGRANTS
2020
$36K
For grant recipient's exempt purposes
2019
$20K
General support
2019
$8K
UNRESTRICTED GENERAL SUPPORT
2019
$25
GENERAL OPERATING SUPPORT
2019
$180K
FOR GENERAL CHARITABLE PURPOSES
2018
$28K
General Support
2018
$16K
For grant recipient's exempt purposes
2018
$2K
TO SUPPORT CATHOLIC EDUCATION FOR NEEDY STUDENTS
2018
$1K
GENERAL OPERATING SUPPORT
2018

Funded by

$7.6M from 35 funders · 88 grants · 2017–2024

Mother Cabrini Health Foundation Inc

$5M · 4 grants · 2020–2024

Victoria Loconsolo Foundation Inc

$1.1M · 4 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$645K · 7 grants · 2018–2023

The Mcinerney Family Foundation

$182K · 1 grant · 2024

Morgan Stanley Global Impact Funding Trust Inc

$99K · 5 grants · 2019–2024

National Philanthropic Trust

$93K · 5 grants · 2017–2023

Jewish Communal Fund

$68K · 3 grants · 2018–2021

American Endowment Foundation

$44K · 3 grants · 2020–2023

Details

EIN205496382
NTEE codeB12
Subsection03
Ruling date2007-03
Formed2006
Employees0
Volunteers26
FUTURES IN EDUCATION — Mission, Financials & Grants Received | Grantivo