Future Standard Foundation
Accepts applications
Future Standard Foundation is a private foundation in Philadelphia, Pennsylvania. In tax year 2024 it gave $815,446 in 138 grants; the typical grant was $1,125 and the largest $100,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$815,446
- Number of grants138
- Typical grant$1,125
- Largest grant$100,000
- Assets$86,457
- New grantees84%
Giving in 2024 was up from $246,801 the year before.
84% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $782,320 | 56 | $6,751 |
| 2023 | $246,801 | 36 | $17,320 |
| 2024 | $815,446 | 138 | $86,457 |
How to apply
| Contact | Aldercy Lam 201 Rouse Blvd, Philadelphia, PA 19112 |
|---|---|
| Phone or email | (215) 495-1150 |
| What to submit | All requests should be submitted with description of organization, description of request, sponsorship levels and organization's tax determination letter. |
What Future Standard Foundation funds
Where it gives
Its grants went to recipients in 21 states, the most to Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 75 | $549,547 |
| New York | 21 | $104,311 |
| Massachusetts | 7 | $50,851 |
| Georgia | 3 | $50,500 |
| Texas | 11 | $30,852 |
| Rhode Island | 1 | $10,000 |
| Maryland | 1 | $5,000 |
| Minnesota | 1 | $3,750 |
| California | 1 | $3,500 |
| Illinois | 2 | $2,550 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Philadelphia Financial Scholars | General support | $100,000 |
| Philadelphia Soccer 2026 | General support | $45,000 |
| Child Mind Institute | General support | $25,000 |
| The Weitzman National Museum of American Jewish History | General support | $25,000 |
| Anti-Defamation League | General support | $25,000 |
| Team Impact | General support | $25,000 |
| Boys & Girls Clubs of America | General support | $25,000 |
| The Studio Museum in Harlem | General support | $25,000 |
| The Philadelphia Citizen | General support | $25,000 |
| Team Impact | General support | $25,000 |
| Boys & Girls Clubs of America | General support | $25,000 |
| Anti-Defamation League | General support | $25,000 |
| The Franklin Institute | General support | $20,000 |
| First Tee Ny | General support | $15,000 |
| American Heart Association | General support | $15,000 |
| Ny Police and Fire Widows' & Children's Benefit Fund Inc | General support | $15,000 |
| Global Citizen | General support | $15,000 |
| Philadelphia Financial Scholars | General support | $14,000 |
| Economy League of Greater PHL | General support | $12,500 |
| Independence Historical Trust | General support | $12,500 |
| Children's Hospital of Philadelphia | General support | $11,567 |
| Philadelphia Financial Scholars | General support | $11,567 |
| The Philadelphia Citizen | General support | $10,000 |
| Girl Scouts of Eastern Pennsylvania | General support | $10,000 |
| The Barnes Foundation | General support | $10,000 |
| National Alliance on Mental Illness of New York City Inc | General support | $10,000 |
| Women's Way | General support | $10,000 |
| Anti-Defamation League | General support | $10,000 |
| Philadelphia Museum of Art | General support | $10,000 |
| University of the Arts | General support | $10,000 |
| Please Touch Museum | General support | $10,000 |
| The Herren Project | General support | $10,000 |
| Independence Historical Trust | General support | $10,000 |
| The Forum of Executive Women | Fund initiatives and philadelphia-focused reports that work toward the vision that women will achieve equitable representation in leadership, influence, and power in the workplace and beyond. | $10,000 |
| Community College of Philadelphia Found | General support | $6,000 |
| Community College of Philadelphia Found | General support | $6,000 |
| Anti-Defamation League | General support | $5,000 |
| Make the World Better | General support | $5,000 |
| Eagles Autism Challenge Inc | General support | $5,000 |
| Achieveability | General support | $5,000 |
Officers and trustees
- Michael Forman
- Michael Gerber
- Laura Sparks
- Stephen Sypherd
- Phil Browne
Questions people ask
Does Future Standard Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Future Standard Foundation give?
$815,446 in tax year 2024, across 138 grants, with a typical grant of $1,125.
Who runs Future Standard Foundation?
Its 2024 filing lists Michael Forman (Chairman), Michael Gerber (President (End 2024)), Laura Sparks (President (Beg 2024)) and Stephen Sypherd (Secretary) among 5 officers and trustees.
What does Future Standard Foundation fund?
Based on its grants, mainly education, youth programs and arts and culture.