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Future Founders Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453340650 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Future Founders Foundation?

The Future Founders Foundation, situated in Chicago, Illinois, is a nonprofit organization that fosters entrepreneurship among middle and high school students from underserved neighborhoods. Their mission is to empower these young individuals, providing them with in-school workshops and out-of-school experiences, such as Startup Spring Break and the "Be Your Own Boss" summer internship. The organization believes in the potential of every youth, aiming to equip them with essential entrepreneurial skills. With a team of 11 dedicated individuals, Future Founders Foundation is committed to nurturing the next generation of entrepreneurs.


Official website here: www.futurefounders.com

Is Future Founders Foundation legitimate?

Future Founders Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Founders Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $175,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $469,079

For more financial information, click here


Official website here: www.futurefounders.com

What is the mission statement of Future Founders Foundation?

The Future Founders Foundation's mission is centered around empowering every youth, particularly from underserved communities, to develop entrepreneurial skills. Through in-school workshops and out-of-school experiences such as Startup Spring Break and the "Be Your Own Boss" summer internship, the organization aims to inspire and equip young individuals with the necessary entrepreneurial knowledge.


Official website here: www.futurefounders.com

Who is the CEO of Future Founders Foundation?

Scott Issen is the Founding Cha of Future Founders Foundation.


Official website here: www.futurefounders.com

What is the revenue of Future Founders Foundation?

Future Founders Foundation's revenue in 2022 was $1,843,017.


Official website here: www.futurefounders.com

Who are the executives of Future Founders Foundation and what are their salaries?

The average compensation at Future Founders Foundation during 2022 was $58,626. There are 11 employees and 200 volunteers at Future Founders Foundation.

Here are 7 key members and their salaries:

    Scott Issen (President &) [Trustee/Director]
  • Compensation: $168,952
  • Related: $0
  • Other: $0

    • Brad Keywell (Founding Cha) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Vandeboom (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Burud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Goldfine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Hoyt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Getz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.futurefounders.com

    Where can I find the form 990 for Future Founders Foundation?

    The Future Founders Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.futurefounders.com

    Learn more at the official website: www.futurefounders.com

    Mission Statement of Future Founders Foundation

    Future Founders Foundation, with a strong belief in every youth's potential, is committed to fostering entrepreneurship among middle and high school students from underserved neighborhoods in Chicago. The organization's mission is to empower these young individuals by providing them with opportunities to discover entrepreneurship and develop essential entrepreneurial skills. This is achieved through a combination of in-school workshops and out-of-school experiences, such as Startup Spring Break and the "Be Your Own Boss" Summer Internship. These initiatives not only inspire creativity and innovation but also equip these students with the necessary tools to navigate the world of entrepreneurship. By investing in Chicago's future leaders, Future Founders Foundation is contributing to a more diverse and dynamic entrepreneurial landscape.

    Impact

    This information is meant to be a general summary of Future Founders Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Future Founders Foundation empowers middle and high schoolers from Chicago's most underserved neighborhoods to discover entrepreneurship and develop entrepreneurial skills. Through in-school workshops and out-of-school experiences like Startup Spring Break and the "Be Your Own Boss" summer internship, the organization is making a significant impact by instilling a mindset of creativity, innovation, and self-empowerment in youth. By fostering an entrepreneurial spirit in these young individuals, Future Founders Foundation is helping to create a future generation of aspiring entrepreneurs who are equipped with the skills and confidence to succeed in the business world.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,673
  • Program Service Revenue: $97,106
  • Gross Receipts: $1,843,017

    • Assets and Liabilities:
  • Total Assets: $2,133,444
  • Total Liabilities: $582,524
  • Net Assets: $1,550,920
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE

    Revenue

    $97,106

    Organization Details

    Founding Year

    2011

    Principal Officer

    Scott Issen

    Main Address

    1 N DEARBORN ST 5TH FLOOR, CHICAGO, IL, 60602

    NTEE Category

    Code: B82 - Education

    If you are a representative of Future Founders Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.