Washington, D.C. · Public charity
New Futures
Mission: to create educational opportunities for rewarding careers. The organization provides a practical yet innovative program of scholarships, career education services, and support to low-income dc-area young people pursuing shorter-term post-secondary educational opportunities toward fulfilling careers.
- $469k
- Granted FY2020
- 3
- Itemized grants FY2020
- 3
- Organizations funded FY2020
- 0%
- First-time grantees FY2020
- Itemized, FY2020
- $40k
- The rest is grants the schedule does not break out
- Median grant, FY2020
- $13,560
- Largest grant, FY2020
- $14,907
- Organizations funded a year
- 3 to 11
- FY2018 to FY2020
- States reached, FY2020
- 3
- Total assets, FY2020
- $3.9M
How open it is to new grantees
In FY2020, 0% of the organizations New Futures funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2020, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2020 | 3 | $40k | 0% |
| FY2019 | 5 | $44k | 0% |
| FY2018 | 11 | $339k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2020.
Top grantees
Largest recipients by total granted, FY2018 to FY2020, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Collegetracks Inc | $117,514 | 4 | 5% |
| Latin American Youth Center | $62,400 | 2 | 0% |
| Liberty's Promise | $57,855 | 4 | 3% |
| Layc Career Academy Public Charter School | $47,081 | 4 | 1% |
| The Urban Alliance Foundation Inc | $41,200 | 1 | 0% |
| The Next Step Public Charter School | $31,200 | 1 | 0% |
| Jubilee Jobs Inc | $27,336 | 3 | 3% |
| Covenant House Washington DC | $15,600 | 2 | 0% |
| Year Up Inc | $7,800 | 2 | 0% |
| New York Avenue Foundation | $7,800 | 1 | n/a |
Show all 11 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Collegetracks Inc | $117,514 | 4 | 5% |
| Latin American Youth Center | $62,400 | 2 | 0% |
| Liberty's Promise | $57,855 | 4 | 3% |
| Layc Career Academy Public Charter School | $47,081 | 4 | 1% |
| The Urban Alliance Foundation Inc | $41,200 | 1 | 0% |
| The Next Step Public Charter School | $31,200 | 1 | 0% |
| Jubilee Jobs Inc | $27,336 | 3 | 3% |
| Covenant House Washington DC | $15,600 | 2 | 0% |
| Year Up Inc | $7,800 | 2 | 0% |
| New York Avenue Foundation | $7,800 | 1 | n/a |
| Academy of Hope Adult Public Charter School | $7,500 | 3 | 0% |
Where it is load-bearing
Each grantee by its size and the share of its budget New Futures supplied at peak.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Greater Washington Community Foundation · The Morris and Gwendolyn Cafritz Foundation · Clark-Winchcole Foundation · Network for Good · Corina Higginson Trust Co Laura Ford Trustee · John Edward Fowler Memorial Foundation · World Bank Community Connections Fund · Philip L Graham Fund co Graham Holdings Company · United Way of the National Capital Area · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund
How this is measured
About New Futures
- How much does New Futures give?
- New Futures reported 3 itemized grants totaling $40,407, out of $469,036 in total grant expense reported on the return in its FY2020 IRS filing. It funded between 3 and 11 organizations a year over FY2018 to FY2020.
- What does New Futures fund?
- By grant dollars over FY2018 to FY2020, its largest causes are Education (82%), Youth Development (15%), Human Services (4%).
- Who are New Futures's largest grantees?
- By total granted over FY2018 to FY2020: Collegetracks Inc ($118k), Latin American Youth Center ($62k), Liberty's Promise ($58k).
- Does New Futures fund new organizations?
- In FY2020, 0% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as New Futures?
- Its strongest co-funders, measured against what their size predicts, include Greater Washington Community Foundation, The Morris and Gwendolyn Cafritz Foundation, Clark-Winchcole Foundation.
- Where is New Futures based?
- New Futures is based in DC.
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