2018-10-26T12:30:27-05:00 2017-12-31 462978632 CHAVEZ SILVA & COMPANY 601 UNIVERSITY AVENUE SUITE 288 SACRAMENTO CA 95825 990 2017-01-01 800025786 FUTURE FOUNDATION OF SACRAMENTO INC FUTU 9162419876 425 UNIVERSITY AVE NO 210 SACRAMENTO CA 95825 ELIZABETH MARLOW EXECUTIVE DIRECTOR 9162419876 2018-08-24 1 DOROTHEA D SILVA P00538308 9162734808 65.78.184.150 2018-08-24 11:39:36 PD P 1C334B870B272CD860AECA172FF67CAB50B1C4F8 1C334B870B272CD860AECA172FF67CAB50B1C4F8 2017 2018-06-14 16:35:46Z ELIZABETH MARLOW 425 UNIVERSITY AVE SACRAMENTO CA 95825 217875 0 X WWW.FUTUREFOUNDATIONSACRAMENTO.ORG X 2003 CA THE FUTURE FOUNDATION OF SACRAMENTO, INC. PROVIDES MENTORING AND SCHOLARSHIP FUNDING TO LOCAL FINANCIALLY QUALIFIED STUDENTS IN SUPPORT OF THEIR COLLEGE EDUCATION. 10 9 1 22 0 0 67208 99190 0 0 1127 1005 81086 58569 149421 158764 106327 62080 0 0 76292 77534 0 0 24129 12067 13114 194686 152728 -45265 6036 444505 465467 3 14929 444502 450538 THE FUTURE FOUNDATION OF SACRAMENTO PROVIDES 7-YEAR MENTORING AND FINANCIAL NEED SCHOLARSHIP FUNDING TO STUDENTS IN THE SACRAMENTO (CA) AREA. 0 0 104386 62080 THE FOUNDATION PAID $62,080 IN TUITION TO VARIOUS UNIVERSITIES IN THE STATE OF CALIFORNIA AND ILLINOIS FOR STUDENTS IN ITS COLLEGE PROGRAM. 104386 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 1 1 0 0 X 10 9 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 CA X ELIZABETH MARLOW 9162419876 C/O 425 UNIVERSITY AVE SUITE 210 SACRAMENTO CA 95825 MICHAEL ANDERSON PRESIDENT 5.00 X X 0 0 0 JONATHAN LEDERER CHIEF FINANCIAL OFFI 5.00 X X 0 0 0 BILL BEVIER BOARD MEMBER 1.00 X 0 0 0 CRAIG YAMAMOTO BOARD MEMBER 1.00 X 0 0 0 ROBERT LUKE BOARD MEMBER 1.00 X 0 0 0 LORI FULLER BOARD MEMBER 1.00 X 0 0 0 ED MILLS BOARD MEMBER 1.00 X 0 0 0 JIM MCCOLM BOARD MEMBER 1.00 X 0 0 0 MIKE BUSCHOW BOARD MEMBER 1.00 X 0 0 0 GRANT NAPEAR HONORARY BOARD MEMBER 1.00 X 0 0 0 ELIZABETH MARLOW EXECUTIVE DIRECTOR 40.00 X 65000 0 7159 65000 0 7159 0 0 0 0 0 99190 99190 1005 1005 117680 59111 58569 58569 158764 0 0 59574 62080 62080 65000 32500 13000 19500 7159 3579 1432 2148 5375 2688 1075 1612 1200 1200 869 869 2338 2338 1715 1715 PAYROLL PROCESSING AND 3165 3165 SUPPLIES 1824 1824 WORKERS COMP INSURANCE 962 962 TRAVEL AND MILEAGE 588 588 453 453 152728 104386 24213 24129 436622 455282 8000 9990 -117 195 444505 465467 3 14929 3 14929 X 444502 450538 444502 450538 444505 465467 6036 0 X 0 0 0 X 73815 129195 69406 57708 99190 429314 140794 134665 176370 146795 117680 716304 214609 263860 245776 204503 216870 1145618 0 75500 106700 201187 103550 486937 75500 106700 201187 103550 486937 658681 799 2629 1073 1127 1005 6633 799 2629 1073 1127 1005 6633 215408 266489 246849 205630 217875 1152251 0.57160 0.41640 0.00580 0.00600 X GOLF TOURNAMENT 117680 117680 37219 15034 4810 2048 117680 117680 37219 15034 4810 2048 59111 58569 0 SCHOLARSHIPS 19 62080 PART I, LINE 2: THE FOUNDATION FOLLOWS A RELATIVELY RIGOROUS SELECTION PROCESS WHEN DETERMINING SCHOLARSHIP RECIPIENTS. THE FOUNDATION'S BOARD OF DIRECTORS IS DIRECTLY INVOLVED IN THE SCREENING AND SELECTION PROCESS, WHILE THE FOUNDATION'S EXECUTIVE DIRECTOR MANAGES THE ONGOING OPERATIONS TO ENSURE THAT STUDENTS ARE MEETING VARIOUS CRITERIA TO MAINTAIN THEIR SCHOLARSHIPS. THE STUDENTS MUST MEET GRADE AND EXTRACURRICULAR ACTIVITY REQUIREMENTS, WHILE THEIR PARENTS MUST REMAIN BELOW A CERTAIN INCOME LEVEL FOR THE STUDENTS TO CONTINUE RECEIVING SCHOLARSHIP FUNDING FOR A MAXIMUM OF $7,000 PER YEAR FOR UP TO FIVE YEARS OF COLLEGE. THE FOUNDATION'S EXECUTIVE DIRECTOR WORKS WITH THE STUDENTS AND FINANCIAL AID OFFICES TO DETERMINE THE ANNUAL FUNDING REQUIREMENTS FROM THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 ELIZABETH MARLOW, EXECUTIVE DIRECTOR FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE FOUNDATION'S EXECUTIVE DIRECTOR WAS DETERMINED BY REVIEWING PUBLICLY AVAILABLE SALARY DATA FOR SIMILAR ROLES AND RESPONSIBILITIES. PRIOR TO HIRING THE AFOREMENTIONED EXECUTIVE DIRECTOR, THE FOUNDATION CONDUCTED AN INTERVIEW PROCESS AND MET WITH SEVERAL QUALIFIED CANDIDATES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 FROM YEARS 2015 THROUGH 2016 ARE CURRENTLY AVAILABLE FOR PUBLIC REVIEW AT HTTP://GIVINGEDGE.GUIDESTAR.ORG/.