Future Founders Foundation
Future Founders Foundation
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About this organization
Mission
Future Founders is building the nation’s largest inclusive community of intentional young entrepreneurs and entrepreneurial-minded leaders. Our programs immerse youth in experiences that inspire and empower them to adopt an entrepreneurial mindset and create their own opportunity. We believe this leads to a generation more determined, hopeful and equipped as they engage the future. Since 2005, we have served over 35,000 youth, and our national 18 to 30-year-old founders have generated $139.8M in revenue, secured $85.9M in capital and created 1,027 jobs. Join us as we empower the next generation of business leaders and entrepreneurs.
About
Future Founders Discover is a series of high-energy workshops that teach elementary and high school students how to think like an entrepreneur. Future Founders Ignite provides intensive out-of-class experiences to immerse our most motivated students into the entrepreneurial ecosystem and help them build key skills.
Interesting data from their 2019 990 filing
The filing sets forth the mission of the non-profit as “The organization believes every youth can become an entrepreneur.”.
When detailing its responsibilities, they were listed as: “The organization believes every youth can become an entrepreneur.”.
- The state in which the non-profit is legally permitted to operate is IL.
- The address of the non-profit for 2019 according to the filing is 222 W MERCHANDISE MART PLZ STE 1212, CHICAGO, IL, 60654.
- The number of employees reported by the non-profit on their form as of 2019 is 19.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $128,282.
- The CEO compensation structure within the organization is based on a review and approval from a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 10 independent voting members.
- The organization was formed in 2011.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $481,570 in salary, compensation, and benefits to its employees.
- The organization pays $2,620 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.