Nonprofit · EIN 94-3077353
FUTURE 500
Also known as GLOBAL FUTURES FOUNDATION
Tax-exempt · SAN FRANCISCO, CA 94108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,019,796 | $960,886 | $58,910 | $1,452,351 | $369,339 | $1,083,012 |
| December 31, 2023 | 990 | $1,170,572 | $1,219,992 | -$49,420 | $1,220,973 | $196,871 | $1,024,102 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $39,335
- Program service revenue
- $948,221
- Investment income
- $32,240
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $450,335
- Salaries, compensation and benefits (total)
- $748,188
- Professional fundraising fees
- $0
- Accounting fees
- $28,658
- Occupancy
- $2,557
- Program services (functional)
- $710,770
- Management and general (functional)
- $202,880
- Fundraising (functional)
- $47,236
Balance sheet and other
- Total assets, start of year
- $1,220,973
- Total assets, end of year
- $1,452,351
- Total liabilities, end of year
- $369,339
- Net assets, end of year
- $1,083,012
- Net assets without donor restrictions
- $1,083,012
- Gross receipts
- $1,019,796
- Employees
- 10
- Volunteers
- 0
- Year formed
- 1995
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIK WOHLGEMUTH | CEO/DIRECTOR Trustee or director | 40 | $225,693 |
| WILLIAM SHIREMAN | PRESIDENT Trustee or director, Officer | 10 | $0 |
| P K AGARWAL | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| SABRINA WATKINS | DIRECTOR Trustee or director | 2 | $0 |
| ANN WITSIL | DIRECTOR Trustee or director | 2 | $0 |
| DAWN RITTENHOUSE | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIK WOHLGEMUTH | CEO/DIRECTOR Trustee or director | 40 | $224,000 |
| WILLIAM SHIREMAN | PRESIDENT Trustee or director, Officer | 10 | $196,700 |
| P K AGARWAL | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| SABRINA WATKINS | DIRECTOR Trustee or director | 2 | $0 |
| ANN WITSIL | DIRECTOR Trustee or director | 2 | $0 |
| DAWN RITTENHOUSE | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- FUTURE 500950 MASON ST 1130, SAN FRANCISCO, CA 94108-0000
- Principal officer (990 for 2024)
- ERIK WOHLGEMUTH, 950 MASON ST 1130, SAN FRANCISCO, CA 94108
- Signed the 990
- ERIK WOHLGEMUTH, CEO
- Phone
- (800) 655-2020
- Website
- WWW.FUTURE500.ORG
- Return prepared by
- WMB2 LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3077353 or by the name FUTURE 500.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE ATTACHED STATEMENTPRIMARY MISSIONFUTURE 500 BUILDS TRUST BETWEEN CORPORATIONS, ADVOCATES, INVESTORS, AND PHILANTHROPISTS TO ADVANCE BUSINESS AS A FORCE FOR GOOD. WE ARE EXPERTS IN STAKEHOLDER ENGAGEMENT WITH OVER 25 YEARS OF EXPERIENCE DEPOLARIZING CONFLICT BY BUILDING ALLIANCES BETWEEN ADVERSARIAL STAKEHOLDERS. WE UTILIZE MARKET-BASED APPROACHES TO SOLVE SOCIAL AND ENVIRONMENTAL ISSUES AROUND ENERGY & CLIMATE, FOOD & WATER, MATERIALS & SUPPLY CHAINS, AND PEOPLE & POWER. THROUGH GENUINE STAKEHOLDER ENGAGEMENT, FUTURE 500 ALIGNS THE POWER OF THE PRIVATE SECTOR WITH THE PURPOSE OF ITS MOST CRITICAL STAKEHOLDERS. WE ENVISION A WORLD THAT REALIZES SUSTAINABLE ECONOMIC GROWTH BY ADDRESSING SOCIAL AND ENVIRONMENTAL EXTERNALITIES WITH MARKET-BASED SOLUTIONS. WE UNITE THE CORPORATE, PHILANTHROPIC, AND NGO SECTORS TO BREAK THROUGH GRIDLOCK, ENCOURAGE THOUGHTFUL DIALOGUE, AND ACHIEVE BROAD SYSTEMIC CHANGE. WE FIND THAT UNCOMMON IDEAS OFTEN REVEAL UNCOMMON SOLUTIONS.
Program accomplishments
- ENERGY/CLIMATEFUTURE 500 VIEWS THE ENERGY TRANSITION AS A CRITICAL THREAD ACROSS ALL OUR SUSTAINABILITY PROJECTS. TO THAT END, OUR ORGANIZATION CONTINUOUSLY SEEKS TO BUILD PARTNERSHIPS WITH ENERGY COMPANIES AND ACTIVISTS. WE WORK ACROSS SEVERAL ENERGY SECTORS, INCLUDING, BUT NOT LIMITED TO, COAL, NATURAL GAS, OIL REFINING AND EXPLORATION, AND BIOFUELS. WE BELIEVE THAT SMART, COMPREHENSIVE ENERGY POLICY CAN HELP DRIVE SYSTEMIC CHANGE DOWN THE SUPPLY CHAIN. WE BELIEVE THAT A PRICE ON CARBON IS AN ECONOMIC, SECURITY, FISCAL, AND ENVIRONMENTAL IMPERATIVE. TO HELP DRIVE THIS EFFORT, WE HAVE CRAFTED TWO CORE POLICY PRINCIPLES THAT CAN UNITE THE CROSS-SECTORAL POLITICAL SUPPORT NEEDED FOR CLIMATE POLICY THAT IS FRIENDLY TO PEOPLE, THE ECONOMY, AND THE ENVIRONMENT. FUTURE 500 HAS BROUGHT TOGETHER COMPANIES, NGOS, INVESTORS, AND PHILANTHROPISTS TO SUPPORT THIS POLICY. WE SEE THE ENERGY TRANSITION TOWARD A LOW-CARBON FUTURE AS A DYNAMIC AND EVOLVING ARENA WHERE WE SEEK TO PLAY AN IMPORTANT ROLE IN CONNECTING CORPORATIONS TO THEIR CRITICAL STAKEHOLDERS. WE BELIEVE THAT DIRECT ENGAGEMENT IN AN INCREASINGLY POLARIZED WORLD WILL HELP US MOVE PAST CONFLICT FROM THE COMMUNITY LEVEL TO THE GLOBAL LEVEL TO SOLVE SOME OF OUR SOCIETY'S MOST PRESSING ENERGY ISSUES.Expenses $258,056
- MATERIALS/SUPPLY CHAINSINCE OUR INCEPTION, FUTURE 500 HAS BEEN AT THE FOREFRONT OF RECYCLING POLICY AND MATERIALS STEWARDSHIP. IN FACT, OUR ENGAGEMENT MODEL PULLS FROM THE SUCCESS OF A CORPORATE-NGO ALLIANCE BUILT BY OUR FOUNDER TO PASS THE CA BOTTLE BILL. AS WE LOOK TO THE FUTURE, WE ACKNOWLEDGE THAT THE US AND OTHER GLOBAL GEOGRAPHIES NEED MORE COMPREHENSIVE, CIRCULAR ECONOMY STRUCTURES ENCOMPASSING BROADER WASTE STREAMS THAT HELP SOCIETY IMPROVE RESOURCE RECOVERY AND REUSE. FUTURE 500 HAS PROGRESSED SEVERAL PROCESSES TO DRIVE INNOVATIVE WASTE MANAGEMENT POLICIES FOCUSED ON EXTENDED PRODUCER RESPONSIBILITY (EPR) POLICY, A PROVEN RECYCLING STRUCTURE IMPLEMENTED IN DOZENS OF COUNTRIES ACROSS THE GLOBE. WHAT MIGHT SUCH A POLICY MEAN FOR THE UNITED STATES AND OTHER NATIONS AND STATES? HOW SHOULD GOVERNMENTS AND INDUSTRIES CONTINUE EXPERIMENTING WITH THE POLICY TO TEST EFFECTIVENESS AND SCALE FROM THERE TO NATINAL SOLUTIONS THAT CREATE UNIFYING APPROACHES RATHER THAN A PATCHWORK OF MORE LOCALIZED POLICIES?Expenses $152,922
- PEOPLE/POWERFUTURE 500 FACES A FUTURE OF INCREASING ECOLOGICAL AND ECONOMIC DEFICITS AROUND THE PLANET. CONCURRENTLY, WE ARE AMIDST A GLOBAL TECHNOLOGICAL REVOLUTION TRANSFORMING EVERY ASPECT OF HUMAN LIVES, CAUSING SIGNIFICANT SOCIAL CHANGE. THE AGENT OF THIS REVOLUTION IS A NEW FAMILY OF TECHNOLOGIES - BROADBAND, THE INTERNET, MICROCHIPS, SOFTWARE SUPPORT, AI, AND ADVANCED DATA MEASUREMENT AND ANALYTICS - THAT IS DRAWING THE WORLD TOGETHER INTO A SINGLE, COEXISTING WHOLE FOR THE FIRST TIME. BY UNLEASHING THE INNOVATIVE CAPACITY OF CIVIL SOCIETY AND CORPORATIONS TO USE TECHNOLOGY FOR GOOD, WE CAN POTENTIALLY REVERSE THESE DEFICITS TOWARD THE BETTERMENT OF PEOPLE, PLANET AND PROFIT.Expenses $144,022
- FOOD/WATERAS THE PLANET GROWS MORE CROWDED AND AFFLUENT, PROTECTING THE UNIVERSAL HUMAN RIGHT TO SAFE FOOD AND CLEAN, PLENTIFUL WATER IS STRAINING THE CAPABILITIES OF OUR NATURAL RESOURCES. THIS COMPETITION FOR RESOURCES IS ILLUMINATING THE INTERCONNECTEDNESS OF THE FOOD, WATER, AND ENERGY SYSTEMS. ACTIONS TAKEN IN ONE AREA INHERENTLY IMPACT THE OTHER TWO: THE AGRICULTURE AND ENERGY INDUSTRIES ARE THE MOST SIGNIFICANT GLOBAL CONSUMERS OF FRESH WATER; TRANSPORTING AND HEATING WATER REQUIRES ENORMOUS AMOUNTS OF ENERGY; ENERGY RESOURCE EXTRACTION REDUCES AVAILABLE LAND FOR FOOD PRODUCTION AND MAY CONTAMINATE LOCAL WATER SOURCES. MORE THAN EVER, SUSTAINING OUR FOOD AND WATER SUPPLIES REQUIRES INTEGRATED SOLUTIONS THAT REDUCE EXTERNALITIES AND IMPROVE EFFICIENCY ACROSS SECTORS AND GEOGRAPHIES. TOWARD THIS END, FUTURE 500 WORKS WITH VARIOUS STAKEHOLDERS TO ADVANCE SYSTEMIC SOLUTIONS AT THIS CRITICAL NEXUS OF FOOD, WATER, AND ENERGY. WE ALIGN STAKEHOLDERS TO EXPLORE APPROACHES THAT LEVERAGE THE CORPORATE SUPPLY CHAIN AND POLITICAL POWER TO DRIVE IMPROVED RESOURCE QUALITY AND QUANTITY.Expenses $155,770
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-3077353
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,452,351
- Income (IRS master file)
- $1,019,796
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,019,796 | $960,886 | $1,452,351 | IRS |
| 990 | December 2023 | $1,170,572 | $1,219,992 | $1,220,973 | XML |
| 990 | December 2022 | $1,527,838 | $1,232,266 | $1,296,317 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-3077353).
Questions about FUTURE 500
- What is the EIN of FUTURE 500?
- The employer identification number (EIN) of FUTURE 500 is 94-3077353.
- Is FUTURE 500 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FUTURE 500 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURE 500 file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FUTURE 500 due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUTURE 500 last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FUTURE 500?
- The 990 for the year ended December 31, 2024 names ERIK WOHLGEMUTH.
- Who are the officers and directors of FUTURE 500?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $225,693 (ERIK WOHLGEMUTH, CEO/DIRECTOR).
- How much revenue does FUTURE 500 have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,019,796, expenses of $960,886 and total assets of $1,452,351 at year end.
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