Illinois · Nonprofit
EQUITECH FUTURES FOUNDATION
EQUITECH FUTURES FOUNDATION (Illinois) receives grants from 4 organizations whose IRS filings report $872,000 to it, the largest being THE PATRICK J MCGOVERN FOUNDATION INC ($600,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $162k
- Funders on record
- 4
- Grants received
- $872k
- Net assets
- $19k
What Equitech Futures Foundation does
Mission
To promote scientific and technological progress throughout the world through research, training, and strategic engagement, particularly focusing on underserved communities.
As stated on its FY2025 Form 990.
Program
Select and train highly motivated undergraduates and graduates to practice emerging skills in data science and artificial intelligence. Offer scholarship support for upskilling coursework and collaborative projects.
$418,993 spentof which $403,100 as grants100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $418,993.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $276k to $21k (−93%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
99% of EQUITECH FUTURES FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $250k → $560k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of EQUITECH FUTURES FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
EQUITECH FUTURES FOUNDATION leans on a few funders — its largest provides 69% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
29% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund EQUITECH FUTURES FOUNDATION.
Largest funder’s share by year: 2022 80% · 2023 71% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
EQUITECH FUTURES FOUNDATION draws 100% of its grant income from funders outside Illinois, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $250k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
EQUITECH FUTURES FOUNDATION's funding base is broadening — from 2 funders to 3 as grant income climbed.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like EQUITECH FUTURES FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for EQUITECH FUTURES FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds EQUITECH FUTURES FOUNDATION?
- EQUITECH FUTURES FOUNDATION (Illinois) receives grants from 4 organizations whose IRS filings report $872,000 to it, the largest being THE PATRICK J MCGOVERN FOUNDATION INC ($600,000). 2 of them have funded it in more than one year.
- How many funders does EQUITECH FUTURES FOUNDATION have?
- IRS filings report 4 organizations giving $872,000 in grants to EQUITECH FUTURES FOUNDATION, 2 of which have funded it in more than one year.
- Who is the largest funder of EQUITECH FUTURES FOUNDATION?
- THE PATRICK J MCGOVERN FOUNDATION INC is the largest funder on record, with $600,000 in grants. The full list of funders is on this page.
- How can an organization like EQUITECH FUTURES FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing