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FUND FOR A BETTER FUTURE INC

EIN 81-2319758 SACRAMENTO, CA

Browse the largest nonprofits in California

Revenue 2024
$7,686,017
Expenses 2024
$14,171,510

Program services were 97.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
NTEE code
S80
Classification
3000
Street
400 CAPITOL MALL STE 2650

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 2650). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

FUND FOR A BETTER FUTURE INC.'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROTECTING THE ENVIRONMENT, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • DURING 2024, THE FUND FOR A BETTER FUTURE INC. (FBF) PROVIDED GRANTS TO ORGANIZATIONS ADVANCING SOLUTIONS TO CLIMATE CHANGE, ADDRESSING DISPARITIES IN PUBLIC HEALTH, AND PROTECTING THE ENVIRONMENT. AS A FISCAL SPONSOR, FBF ALSO PROVIDED ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO PROJECTS FOCUSED ON ENVIRONMENTAL AND SOCIAL CAUSES.

    Expenses $13,745,095 · Grants $10,736,382 · Revenue $1,623

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Jason Burnett

    DIRECTOR & CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Christopher J Elliman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Martha Kongsgaard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Preston Pinkett III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Melissa Roy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Avi Garbow See Sch O

    DIRECTOR & PRESIDENT (END 10/2024)

    Total calculated
    $74,919
    From this org
    $51,095
    From related orgs
    $19,632
    Other
    $4,192
    Hours/week
    3 + 1 related

  • Rosina Bugarin See Sch O

    TREASURER & CFO

    Total calculated
    $73,640
    From this org
    $41,730
    From related orgs
    $21,926
    Other
    $9,984
    Hours/week
    5 + 3 related

  • Helena Choi See Sch O

    SECRETARY & VICE PRESIDENT

    Total calculated
    $30,927
    From this org
    $20,181
    From related orgs
    $6,318
    Other
    $4,428
    Hours/week
    3 + 1 related

  • Matthew Armsby See Sch O

    VP & INTERIM PRES. (BEG 10/2024)

    Total calculated
    $45,432
    From this org
    $38,924
    From related orgs
    $1,680
    Other
    $4,828
    Hours/week
    5 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $7,686,017
    Expenses
    $14,171,510
    Contributions
    $7,633,000
    Grants paid
    $10,736,382
  • 2023
    Revenue
    $41,718,209
    Expenses
    $41,402,425
    Contributions
    $41,617,418
    Grants paid
    $36,010,000
  • 2022
    Revenue
    $56,813,604
    Expenses
    $48,272,228
    Contributions
    $56,655,194
    Grants paid
    $25,848,600

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $69,118,422
    Expenses
    $61,884,286
    Assets (EOY)
    $12,452,035

  • 2020 · 990

    Revenue
    $35,157,267
    Expenses
    $32,664,736
    Assets (EOY)
    $3,674,140

  • 2016 · 990

    Revenue
    $1,630,991
    Expenses
    $1,287,811
    Assets (EOY)
    $452,577

  • 2016 · 990

    Revenue
    $1,630,991
    Expenses
    $1,287,811
    Assets (EOY)
    $452,577

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2015

Tax period
1 January 2015 to 31 December 2015
Principal officer
Michael Mantell
Mailing address
555 Capitol Mall Suite 1095Sacramento CA 95814

As filed, from the IRS e-Postcard file of 9 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

  • SHARED ASCENT FUND

    501(C)(3) · PROMOTE THE COMMON GOOD - DEMOCRATIC VALUES, HEALTH, SOCIAL EQUITY · DE

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.