2014-10-09T11:49:45-05:00 2013-12-31 462978632 CHAVEZ BAKER & ASSOCIATES 601 UNIVERSITY AVE SACRAMENTO CA 95825 990 2013-01-01 800025786 FUTURE FOUNDATION OF SACRAMENTO INC FUTU 9162419876 425 UNIVERSITY AVE ROOM/SUITE 210 SACRAMENTO CA 95825 MICHAEL J ANDERSON PRESIDENT 9162419876 2014-10-08 true DAVID R CHAVEZ P01059448 9162734808 2014-10-09 2013 2015-11-30 17:44:51Z X ELIZABETH MARLOW 425 UNIVERSITY AVE SACRAMENTO CA 95825 214609 false X WWW.FUTUREFOUNDATIONSACRAMENTO.ORG X 2003 CA THE FUTURE FOUNDATION OF SACRAMENTO, INC. PROVIDES A FUNDED EDUCATION AND AN 8-YEAR MENTORING PROGRAM TO UNDERPRIVILEDGED HIGH SCHOOL AND COLLEGE STUDENTS FROM THE GREATER SACRAMENTO (CA) AREA. 14 14 1 35 0 172830 73815 0 1600 799 52938 71710 227368 146324 54801 88334 0 45446 69658 0 0 42751 18027 142998 176019 84370 -29695 470223 440528 0 470223 440528 THE FUTURE FOUNDATION OF SACRAMENTO, INC. PROVIDES A FUNDED EDUCATION AND AN 8-YEAR MENTORING PROGRAM TO UNDERPRIVILEDGED HIGH SCHOOL AND COLLEGE STUDENTS FROM THE GREATER SACRAMENTO (CA) AREA. false false 88334 88334 THE FOUNDATION PAID 87,354 IN TUITION AND 980 IN BOOKS TO VARIOUS UNIVERSITIES IN THE STATE OF CALIFORNIA AND ILLINIOS FOR STUDENTS IN ITS COLLEGE PROGRAM. 88334 true true false false false false false false false false false false false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 0 0 true 1 true false false false false false true true false false false false false false X 14 14 true false false false false false false true true false false false false false false true false false CA X CHAVEZ BAKER & ASSOCIATES 9162734808 601 UNIVESITY AVE SUITE 288 SACRAMENTO CA 95825 BILL BEVIER BOARD MEMBER 1.00 X 0 0 0 MIKE BUSCHOW BOAD MEMBER 1.00 X 0 0 0 JIM MCCOLM BOARD MEMBER 1.00 X 0 0 0 KARIN LE VICE PRESIDE 5.00 X X 0 0 0 NEFRETIRI COOLEY - BROUGHTON BOARD MEMBER 1.00 X 0 0 0 JOANNE HALL BOARD MEMBER 1.00 X 0 0 0 ELIZABETH MARLOW EXECUTIVE DI 40.00 X 55000 0 0 MICHAEL ANDERSON PRESIDENT 5.00 X 0 0 0 JONATHAN LEDERER CHIEF FINANC 5.00 X 0 0 0 ROBIN BEVIER SECRETARY 5.00 X 0 0 0 55000 false false false 73815 73815 799 799 139995 68285 71710 146324 799 88334 88334 55000 55000 8599 8599 6059 6059 3123 3123 700 700 3245 3245 3537 3537 1400 1400 BANK CHARGES 3045 3045 OTHER 900 900 TAXES & LICENSE 850 850 DUES & SUBSCRIPTIONS 706 706 521 521 176019 88334 87685 0 4898 130765 452425 308253 12900 1500 10 470223 440528 0 0 X 470223 440528 470223 440528 470223 440528 -29695 X false false false X 28977 115370 125590 172830 73815 516582 176174 139075 185191 95161 140794 736395 205151 254445 310781 267991 214609 1252977 67020 174000 209235 208430 75500 734185 67020 174000 209235 208430 75500 734185 518792 197 663 1308 1600 799 4567 197 663 1308 1600 799 4567 205348 255108 312089 269591 215408 1257544 0.41250 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED GOLF TOURNAMENT 139995 139995 40310 7339 20636 139995 139995 40310 7339 20636 68285 71710 true SCHOLARSHIPS 11 88334 SCHEDULE I, PAGE 1, 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 OFFICERS TO DETERMINE THE ANNUAL FUNDING REQUIREMENT FROM THE FUTURE FOUNDATION. FORM 990, PAGE 6, PART VI, LINE 2 ELIZABETH MARLOW EX. DIRECTOR FORM 990, PAGE 6, PART VI, LINE 11B THE FOUNDATION'S FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED AND SENT TO MEMBERS OF THE FOUNDATION'S EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. THE DOCUMENTS ARE NOT REVIEWED BY THE ENTIRE BOARD OF DIRECTORS PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, 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 AFORMENTIONED EXECUTIVE DIRECTOR, THE FOUNDATION CONDUCTED AN INTERVIEW PROCESS AND MET WITH SEVERAL QUALIFIED CANDIDATES. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION IS EXPLORING THE POSSIBILITY OF ADDING A DOCUMENT VAULT THAT WOULD ENABLE THE PUBLIC TO ACCESS THE DOCUMENTS VIA THE FUTURE FOUNDATION OF SACRAMENTO WEB SITE.