Overview
What is Family Futures?
Family Futures is a nonprofit organization that focuses on fostering financial literacy and preparation in students, from kindergarten to graduation. They offer individual custodial savings accounts that grow in correlation with the students' financial understanding and activities, which are aligned with and supplement state-mandated college and career readiness programs. This initiative aims to empower students with essential financial skills, providing them with a solid foundation for their future.
Official website here: www.familyfuturesva.org
Is Family Futures legitimate?
Family Futures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Futures submitted a form 990EZ, 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.
Official website here: www.familyfuturesva.org
What is the mission statement of Family Futures?
Family Futures' mission is centered around providing individual custodial savings accounts for students, with the growth of these accounts directly linked to their financial knowledge and activities. This alignment is with, and serves to supplement, the state-mandated college and career preparation program from kindergarten through graduation. In essence, Family Futures aims to foster financial literacy in students while simultaneously encouraging savings, ultimately supporting their future educational and career goals.
Official website here: www.familyfuturesva.org
Who is the CEO of Family Futures?
Anne Yeoman is the Executive Director of Family Futures.
Official website here: www.familyfuturesva.org
What is the revenue of Family Futures?
Family Futures's revenue in 2022 was $157,463.
Official website here: www.familyfuturesva.org
Who are the executives of Family Futures and what are their salaries?
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Official website here: www.familyfuturesva.org
Where can I find the form 990EZ for Family Futures?
Family Futures's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.familyfuturesva.org
Learn more at the official website: www.familyfuturesva.org
Mission Statement of Family Futures
Family Futures is an organization that introduces individual custodial savings accounts for students, aiming to foster financial growth in tandem with their educational journey. These accounts, named 'My Future', are designed to augment state-mandated college and career preparation programs, from kindergarten to graduation. The accounts grow in value as students engage in financial knowledge-building activities and tasks aligned with their educational progress. In essence, Family Futures encourages financial literacy and savings among students, complementing their academic development.
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Impact
October, 2024
Family Futures significantly impacts students by providing individual custodial savings accounts known as "my future accounts." These accounts are specifically designed to grow alongside each student's financial knowledge and engagement in activities that complement state-mandated college and career preparation from kindergarten through graduation. By integrating financial literacy with educational development, Family Futures empowers students to cultivate essential skills for their future, ensuring they are better equipped for college and career opportunities. This proactive approach not only fosters financial responsibility but also enhances overall educational outcomes, paving the way for long-term success in the lives of young learners.
This information is meant to be a general summary of Family Futures. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,245
- Gross Receipts: $157,463
Assets and Liabilities:
- Total Assets: $235,633
- Total Liabilities: $64,320
- Net Assets: $171,313
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Organization Details
Phone
(540) 987-3336Principal Officer
Anne Yeoman
Main Address
PO BOX 570, SPERRYVILLE, VA, 22740
Website
www.familyfuturesva.orgNTEE Category
Code: B99 - Education
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