The California State Capitol

Form 990-PFTax year 2024EIN 20-4746134

Building Futures Foundation

A private foundation in Fremont, CA. Its return for tax year 2024 lists 33 grants and $398,500 paid in grants.

Tax year 2024 (period ending Mar 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $398,500

    Grants listed
    33
    Assets, end of year
    $10,279,578
  • Tax year 2023

    $434,050

    Grants listed
    29
    Assets, end of year
    $9,909,391
  • Tax year 2022

    $354,050

    Grants listed
    31
    Assets, end of year
    $9,493,099
  • Tax year 2021

    $313,100

    Grants listed
    25
    Assets, end of year
    $9,018,390
  • Tax year 2020

    $246,500

    Grants listed
    21
    Assets, end of year
    $8,098,043
  • Tax year 2019

    $258,500

    Grants listed
    18
    Assets, end of year
    $5,049,046
  • Tax year 2018

    $198,500

    Grants listed
    18
    Assets, end of year
    $4,203,760

Grants paid in 2024

33 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. UCLA FoundationLos Angeles, CA

    Donation to support educational fund

    $140,000
  2. Indiana University FoundationBloomington, IN

    Donation to support educational fund

    $50,000
  3. American Red CrossWashington, DC

    Donation to support educational fund

    $40,000
  4. Individual

    Donation to support educational fund

    $25,000
  5. Francis Parker SchoolChicago, IL

    Donation to support educational fund

    $22,500
  6. Fu-Jen UniversityGardena, CA

    Donation to support educational fund

    $15,000
  7. The Marin ArtsSan Rafael, CA

    Donation to support educational fund

    $10,000
  8. High JumpChicago, IL

    Donation to support educational fund

    $10,000
  9. La Fire Department FoundationLos Angeles, CA

    Donation to support educational fund

    $10,000
  10. Reading PartnersOakland, CA

    Donation to support educational fund

    $5,000
  11. Individual

    Donation to support educational fund

    $5,000
  12. Individual

    Donation to support educational fund

    $5,000
  13. Chicago Dance HealthChicago, IL

    Donation to support educational fund

    $5,000
  14. Stuf United FundFlushing, NY

    Donation to support educational fund

    $4,000
  15. TCV Food BankFremont, CA

    Donation to support educational fund

    $4,000
  16. Moms Against PovertyBurlingame, CA

    Donation to support educational fund

    $4,000
  17. Individual

    Donation to support educational fund

    $3,000
  18. Individual

    Donation to support educational fund

    $3,000
  19. Individual

    Donation to support educational fund

    $3,000
  20. Individual

    Donation to support educational fund

    $3,000
  21. Disble Amer Veterans Dav Charitable SVCCold Springs, KY

    Donation to support educational fund

    $3,000
  22. CBC FoundationFremont, CA

    Donation to support educational fund

    $3,000
  23. Individual

    Donation to support educational fund

    $3,000
  24. Individual

    Donation to support educational fund

    $3,000
  25. Tao & Zen Society USACupertino, CA

    Donation to support educational fund

    $3,000
  26. Wounded WarriorJacksonville, FL

    Donation to support educational fund

    $3,000
  27. St Jude Children Reserch HospitalMemphis, TN

    Donation to support educational fund

    $3,000
  28. Operation BlessingVirgina Beach, VA

    Donation to support educational fund

    $3,000
  29. Individual

    DONATION TO SUPPORT EDUCATIONAL [individual]

    $3,000
  30. Cupertino TaichungCupertino, CA

    Donation to support educational fund

    $2,500
  31. Lincoln Park Co-OpChicago, IL

    Donation to support educational fund

    $1,000
  32. Individual

    Donation to support educational fund

    $1,000
  33. Individual

    Donation to support educational fund

    $500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education4 grants $205,00080% of the total
  2. Human services2 grants $44,00017% of the total
  3. Philanthropy and grantmaking2 grants $7,0003% of the total

By State

Grants to organizations with a US address, latest year.

  1. California10 grants $196,500
  2. Indiana1 grant $50,000
  3. District of Columbia1 grant $40,000
  4. Illinois4 grants $38,500
  5. New York1 grant $4,000
  6. Florida1 grant $3,000
  7. Kentucky1 grant $3,000
  8. Tennessee1 grant $3,000
  9. Virginia1 grant $3,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Yu Sheng Victor LiuCEO Hours 1Pay $0
  • Eric LiuSecretary Hours 1Pay $0
  • Lin Dee LiuCFO Hours 40Pay $60,000

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Gareatis FoundationFremont, CA 3 grants Preselected only $195,000 giving
  2. Richard and Peggy Greenfield FoundationCorte Madera, CA 41 grants Preselected only $397,828 giving
  3. Michael J Femino FoundationNewport Coast, CA 33 grants Preselected only $399,500 giving
  4. Carter Family FoundationLaguna Beach, CA 7 grants Preselected only $400,000 giving
  5. Carl F Braun TrustLos Angeles, CA 1 grant Preselected only $400,000 giving