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Futureus Foundation is a private trust based in COVINGTON, LA. The foundation received its IRS ruling in 2003. The principal officer is Gary Mize. It holds total assets of $5K. Annual income is reported at $87K. Total assets have decreased from $77K in 2010 to $2K in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. According to available records, Futureus Foundation has made 13 grants totaling $526K, with a median grant of $25K. Annual giving has grown from $17K in 2020 to $354K in 2022. Individual grants have ranged from $2K to $100K, with an average award of $40K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Texas, Louisiana, District of Columbia, which account for 85% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
Futureus Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in TX, LA, DC.
Futureus Foundation has distributed a total of $526K across 13 grants. The median grant size is $25K, with an average of $40K. Individual grants have ranged from $2K to $100K.
The application deadline is NO DEADLINE. As determined by the trustees.
Futureus Foundation is headquartered in COVINGTON, LA. While based in LA, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lee D Barberito | Trustee | $0 | $0 | N/A |
| Kenton Mcdonald | Trustee | $0 | $0 | N/A |
Total Giving
$110K
Total Assets
$2K
Fair Market Value
$2K
Net Worth
$2K
Grants Paid
$110K
Contributions
$111K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$526K
Average Grant
$40K
Median Grant
$25K
Unique Recipients
6
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Md Anderson Cancer CenterOVARIAN CANCER RESEARCH | Houston, TX | $100K | 2022 |
| Community Initiatives FoundationDONATION | Baton Rouge, LA | $55K | 2022 |
| Preston HickeyEDUCATION | Covington, LA | $20K | 2022 |
| Rostro De CristoDONATION | Braintree, MA | $2K | 2022 |
| Economic Strategy InstitutePUBLIC POLICY RESEARCH | Washington, DC | $25K | 2021 |
| Families In NeedNEEDY FAMILY RESCUE EFFORTS FOR CORPUS CHRISTI, TEXAS COMMUNITY | Corpus Christi, TX | $7K | 2020 |
NEW ORLEANS, LA
METAIRIE, LA
LAFAYETTE, LA