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Bright Future Foundation is a private corporation based in FULLERTON, CA. The foundation received its IRS ruling in 2022. It holds total assets of $543K. Annual income is reported at $407K. Total assets have grown from N/A in 2020 to $165K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Bright Future Foundation has made 3 grants totaling $31K, with a median grant of $10K. Individual grants have ranged from $1K to $20K, with an average award of $10K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bright Future Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA, NY.
Bright Future Foundation has distributed a total of $31K across 3 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $1K to $20K.
Bright Future Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (372007510) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Bright Future Foundation is headquartered in FULLERTON, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald F Holly Jr | DIRECTOR/CEO | $0 | $0 | N/A |
| Donald F Holly Sr | DIRECTOR/SECRETARY/CFO | $0 | $0 | N/A |
| Tiffany Smith | DIRECTOR | $0 | $0 | N/A |
| Julio Comacho | DIRECTOR | $0 | $0 | N/A |
Total Giving
$35K
Total Assets
$165K
Fair Market Value
$171K
Net Worth
$165K
Grants Paid
$31K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$9K
Total Grants
3
Total Giving
$31K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope BuildersTRAINING AND MENTORING | Santa Ana, CA | $20K | 2023 |
| MyeventcomTRAINING AND MENTORING | New York, NY | $1K | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA