Building Futures Foundation

Fremont, CA
Tax-exempt since July 2006
EIN: 20-4746134

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Operating Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$994k (2024)

Expenses

$728k (2024)

Total Assets

$9.91M (2024)

Total Liabilities

$250k (2024)

Years with missing data

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2024

Revenue

$994,428

Expenses

$728,136

Net Income

$266,292

Net Assets

$9,659,391

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$700,000	70.4%
Interest Revenue	$145,200	14.6%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$558,920	76.8%
Compensation of Officers*	$60,000	8.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,909,391
Total Liabilities	$250,000
Net Assets	$9,659,391

Compensation

Key Employees and Officers	Compensation	Other
Lin Dee Liu (Cfo)	$60,000	$0
Yu Sheng Victor Liu (Ceo)	$0	$0
Eric Liu (Secretary)	$0	$0

990-PF

Filed on Aug. 16, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2023

Revenue

$934,067

Expenses

$559,358

Net Income

$374,709

Net Assets

$9,393,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$625,000	66.9%
Interest Revenue	$140,965	15.1%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$441,190	78.9%
Compensation of Officers*	$50,000	8.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,493,099
Total Liabilities	$100,000
Net Assets	$9,393,099

Compensation

Key Employees and Officers	Compensation	Other
Lin Dee Liu (Cfo)	$50,000	$0
Yu Sheng Victor Liu (Ceo)	$0	$0
Eric Liu (Secretary)	$0	$0

990-PF

Filed on Aug. 16, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2022

Revenue

$1,445,493

Expenses

$525,146

Net Income

$920,347

Net Assets

$9,018,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$675,000	46.7%
Interest Revenue	$601,280	41.6%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$373,515	71.1%
Compensation of Officers*	$35,000	6.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,018,390
Total Liabilities	$0
Net Assets	$9,018,390

Compensation

Key Employees and Officers	Compensation	Other
Lin Dee Liu (Cfo)	$35,000	$0
Yu Sheng Victor Liu (Ceo)	$0	$0
Eric Liu (Secretary)	$0	$0

990-PF

Filed on Aug. 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2021

Revenue

$3,378,575

Expenses

$329,577

Net Income

$3,048,998

Net Assets

$8,098,042

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,772,500	82.1%
Interest Revenue	$567,899	16.8%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$306,410	93.0%
Compensation of Officers*	$25,000	7.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,098,043
Total Liabilities	$1
Net Assets	$8,098,042

Compensation

Key Employees and Officers	Compensation	Other
Lin Dee Liu (Cfo)	$25,000	$0
Yu Sheng Victor Liu (Ceo)	$0	$0
Eric Liu (Secretary)	$0	$0

990-PF

Filed on Aug. 16, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2020

Revenue

$1,136,192

Expenses

$290,906

Net Income

$845,286

Net Assets

$5,049,045

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$602,500	53.0%
Interest Revenue	$533,692	47.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$290,906	100%
Compensation of Officers*	$20,000	6.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,049,046
Total Liabilities	$1
Net Assets	$5,049,045

Compensation

Key Employees and Officers	Compensation	Other
Lin Dee Liu (Cfo)	$20,000	$0
Yu Sheng Victor Liu (Ceo)	$0	$0
Eric Liu (Secretary)	$0	$0

990-PF

Filed on July 11, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2019

Revenue

$923,845

Expenses

$224,340

Net Income

$699,505

Net Assets

$4,203,759

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$550,000	59.5%
Interest Revenue	$373,845	40.5%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$224,340	100%
Compensation of Officers*	$15,000	6.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,203,760
Total Liabilities	$1
Net Assets	$4,203,759

Compensation

Key Employees and Officers	Compensation	Other
Lin Dee Liu (Cfo)	$15,000	$0
Yu Sheng Victor Liu (Ceo)	$0	$0
Eric Liu (Secretary)	$0	$0

990-PF

Filed on Aug. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2018

Revenue

$915,948

Expenses

$177,265

Net Income

$738,683

Net Assets

$3,561,687

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$582,000	63.5%
Interest Revenue	$333,948	36.5%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$177,265	100%
Compensation of Officers*	$15,000	8.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,561,688
Total Liabilities	$1
Net Assets	$3,561,687

Compensation

Key Employees and Officers	Compensation	Other
Lin Dee Liu (Cfo)	$15,000	$0
Yu Sheng Victor Liu (Ceo)	$0	$0
Eric Liu (Secretary)	$0	$0

990-PF

Filed on Aug. 5, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2016

Revenue

$504,443

Expenses

$106,440

Net Income

$398,003

Net Assets

$2,315,940

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$301,000	59.7%
Interest Revenue	$203,443	40.3%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$106,440	100%
Compensation of Officers*	$10,000	9.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,315,940
Total Liabilities	$0
Net Assets	$2,315,940

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2015

Revenue

$466,808

Expenses

$92,798

Net Income

$374,010

Net Assets

$1,919,598

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$285,000	61.1%
Interest Revenue	$181,808	38.9%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$92,798	100%
Compensation of Officers*	$7,500	8.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,919,599
Total Liabilities	$1
Net Assets	$1,919,598

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2014

Revenue

$314,612

Expenses

$76,336

Net Income

$238,276

Net Assets

$1,547,157

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$200,000	63.6%
Interest Revenue	$114,612	36.4%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,336	100%
Compensation of Officers*	$6,000	7.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,547,157
Total Liabilities	$0
Net Assets	$1,547,157

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2013

Revenue

$363,632

Expenses

$63,021

Net Income

$300,611

Net Assets

$1,310,236

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$260,000	71.5%
Interest Revenue	$103,632	28.5%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$63,021	100%
Compensation of Officers*	$7,500	11.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,310,236
Total Liabilities	$0
Net Assets	$1,310,236

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2012

Revenue

$248,808

Expenses

$43,743

Net Income

$205,065

Net Assets

$1,011,072

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$200,000	80.4%
Interest Revenue	$48,808	19.6%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,743	100%
Compensation of Officers*	$7,000	16.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,011,072
Total Liabilities	$0
Net Assets	$1,011,072

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending March
2011

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending March
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending March
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Updated January 26, 2026

Building Futures Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $994k (2024)

Expenses $728k (2024)

Total Assets $9.91M (2024)

Total Liabilities $250k (2024)

Tax Filings by Year

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending March 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending March 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending March 2017

No Extracted Financial Data

Document Links

990-PF

990-T

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending March 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Revenue

$994k (2024)

Expenses

$728k (2024)

Total Assets

$9.91M (2024)

Total Liabilities

$250k (2024)

Fiscal Year Ending March
2024

Fiscal Year Ending March
2023

Fiscal Year Ending March
2022

Fiscal Year Ending March
2021

Fiscal Year Ending March
2020

Fiscal Year Ending March
2019

Fiscal Year Ending March
2018

Fiscal Year Ending March
2017

Fiscal Year Ending March
2016

Fiscal Year Ending March
2015

Fiscal Year Ending March
2014

Fiscal Year Ending March
2013

Fiscal Year Ending March
2012

Fiscal Year Ending March
2011

Fiscal Year Ending March
2010

Fiscal Year Ending March
2009

Fiscal Year Ending March
2008

Fiscal Year Ending March
2007