Imaginable Futures Foundation | Granted Foundation Directory | Granted AI
REDWOOD CITY, CA
Imaginable Futures Foundation Quick Facts
EIN 873273549
Location REDWOOD CITY, CA
Phone (650) 582-2500
Category Philanthropy & Grantmaking
Total Assets $52.2M
Annual Income $54.5M
IRS Ruling Year 2022
Organization Type Non-Operating Foundation
Tax Deductibility Contributions are deductible
About This Foundation Imaginable Futures Foundation is a private corporation based in REDWOOD CITY, CA. The foundation received its IRS ruling in 2022. It holds total assets of $52.2M. Annual income is reported at $54.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Imaginable Futures Foundation has made 195 grants totaling $65.8M, with a median grant of $225K. Annual giving has decreased from $43.6M in 2022 to $22.2M in 2023. Individual grants have ranged from $3K to $1.6M, with an average award of $337K. The foundation has supported 90 unique organizations. The foundation primarily supports organizations in District of Columbia, Massachusetts, California, which account for 30% of all grants. Grantmaking reaches organizations across 20 states. Contributions to this foundation are tax-deductible.
Application Information Preselected Only This foundation typically selects grantees rather than accepting unsolicited proposals.
Frequently Asked Questions What does Imaginable Futures Foundation fund? Imaginable Futures Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 195 grants. Its grantmaking reaches organizations primarily in DC, MA, CA.
How much does Imaginable Futures Foundation give in grants? Imaginable Futures Foundation has distributed a total of $65.8M across 195 grants. The median grant size is $225K, with an average of $337K. Individual grants have ranged from $3K to $1.6M.
How do I apply for a grant from Imaginable Futures Foundation? Imaginable Futures Foundation typically selects its grantees rather than accepting unsolicited proposals.
Where is Imaginable Futures Foundation located? Imaginable Futures Foundation is headquartered in REDWOOD CITY, CA. While based in CA, the foundation distributes grants to organizations across 20 states.
Key People & Compensation (2022) Name Title Compensation Benefits Total Pamela K Omidyar Director $0 $0 $0 Jeffrey R Alvord Director $0 $0 $0 Patricia Christen Director $0 $0 $0 Amy R Klement President $0 $0 $0 Kristina G Mcneff Secretary $0 $0 $0
Financial Overview Total Giving
$26.2M
2023 +33%
Total Assets
$55.5M
2023 -4%
Fair Market Value
$55.5M
2023
Net Investment Income
$21.7M
2023
Distribution Amount
$2.2M
2023
Revenue Sources (2023)
Contributions $21.5M
Dividends $246K
Interest $4K
Capital Gains (Net) $4K Financial Details (2023)
Total Revenue $21.7M
Total Expenses $26.2M
Exempt Purpose Expenses $22.2M
Required Distribution $2.2M
Undistributed Income $0
Grants Approved (Future) $8.9M
Total Liabilities $9.2M
Excise Tax $302K Foundation Classification (2023) Operating Foundation No
Grants to Individuals No
Non-Charity Grants No
Lobbying Activity No
Excess Business Holdings No
Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2023)
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
DC $14M (29)
MA $6.8M (14)
CA $5.3M (15)
NY $4.6M (14)
CT $4.3M (5)
MN $2M (6)
Past Grantees Recipient Location Amount Year Educate General support Denver, CO $600K 2023 Path To support enabling environments for home-based child care Seattle, WA $75K 2023 Third Sector New England IncTo support community-based groups focused child care Boston, MA $1.2M 2023 The Aspen Institute IncTo support Grantees Ascend Programs Postsecondary Success Parents Initiative Washington, DC $1.2M 2023 The Education Trust Inc
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