For A Bright Future
For A Bright Future Foundation is a 501(c)(3) nonprofit providing scholarships, hands-on Media Lab and FinTech Innovation Lab training, and youth leadership development to underrepresented and underprivileged students across Los Angeles, Miami, and New York City.
- Company typePrivate
- Founded2019
- HeadquartersBoynton Beach, United States
- Headcount1–10
- GTM type—
- OfferingServices
What For A Bright Future does
For A Bright Future Foundation is a 501(c)(3) nonprofit organization founded by Louis Hernandez Jr. (CEO of Black Dragon Capital) and headquartered in the Miami/Boynton Beach, Florida area, with operational presence in Los Angeles and New York City. The foundation provides a portfolio of educational programs targeted at underrepresented and underprivileged children and youth, including eight specialized scholarship tracks (STEM, Healthcare, FinTech Innovation, Veterans & Families, Single Parent Household, Dr. Emma Lerew Education, Creative Arts, and STEAM), the Media Lab hands-on media technology training program (launched 2023 in three locations with 72 students enrolled), the FinTech Innovation Lab (scheduled to launch in 2025 across five pilot locations), and a youth Ambassador Program (12 representatives across three metros). Programs are deployed directly in partner schools (St. John Bosco HS, George Washington HS, NYC magnet schools) and community institutions (North Miami Beach Discovery Library), with technology partners including Grass Valley (AMPP platform), Lenovo, Blackmagic Design, Broadfield Distributing, CIS Group, T2 Computing, MelroseINC, and Envoi supporting the Media Lab.
The foundation's business model is donation-driven rather than revenue-generating: it raises funds through annual 'Warmth of Giving' events in NYC and Miami, corporate sponsorships (Black Dragon Capital, TD Cowen, Amerant Bank, Greenberg Traurig, BECU, PayMaple, Sagewind Capital), individual donations, an active $2 million capital campaign, and grant funding (e.g., $10,000 from Environmental Science Associates in 2025). The founder personally finances the majority of operating costs. All programs are free to beneficiaries; the foundation disburses scholarship funds and funds its own programs. To date the foundation has awarded over 44 scholarships in three years, raised over $1.2 million cumulatively ($650,000 in 2024 alone, including $400,000 at the March 2024 NYC event), and received the 2025 Silver Seal of Transparency from Candid. The organization is governed by 75 senior industry executives on its Board and Committees, with Gina Rogoto serving as Senior Vice President of Programs and Operations following a May 2024 promotion.
For A Bright Future firmographics
Firmographics- Name
- For A Bright Future
- Legal name
- Louis Hernandez Jr.'s Foundation For A Bright Future
- Website
- https://forabrightfuturefoundation.org
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- For A Bright Future Foundation is a 501(c)(3) nonprofit providing scholarships, hands-on Media Lab and FinTech Innovation Lab training, and youth leadership development to underrepresented and underprivileged students across Los Angeles, Miami, and New York City.
- Ownership category
- akta.pro rank
Where For A Bright Future is headquartered
LocationHeadquarters
- HQ city
- Boynton Beach
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
For A Bright Future business model
Business model- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Donations and Fundraising: The foundation raises funds through annual fundraising events (e.g., $400,000 raised at the March 2024 NYC event; $500,000 targeted at the 2024 Miami Warmth of Giving event), corporate sponsorships, individual donations, and an active $2 million capital campaign. Its founder Louis Hernandez Jr. financially supports a majority of operating costs. Total raised to date exceeds $1.2 million, with $650,000 raised in 2024 alone.
- Partnership Grants: The foundation receives grants from partners such as Environmental Science Associates (ESA), which granted $10,000 to fund two scholarships for underrepresented STEM students in 2025.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
For A Bright Future product offering
Product offeringCore offering
For A Bright Future Foundation is a 501(c)(3) nonprofit that provides educational scholarships, hands-on STEAM technology training programs (Media Lab and FinTech Innovation Lab), and youth leadership development to underrepresented and underprivileged children. It funds scholarships across eight specialized categories (STEM, Healthcare, FinTech, Veterans & Families, Single Parent Household, Education, Creative Arts, STEAM) and deploys in-person technology labs at partner schools and community libraries in Los Angeles, Miami, and New York City.
Product overview
For A Bright Future is a nonprofit foundation providing a portfolio of educational programs and financial support for underrepresented and underprivileged children. The core offerings include a comprehensive Scholarship Program (offering 8+ specialized scholarships in STEM, Healthcare, FinTech, Veterans, Single Parent Household, Education, Creative Arts, and STEAM), the Media Lab Program (hands-on media technology training launched 2023 in 3 locations with expansion planned), the FinTech Innovation Lab (financial technology training scheduled for 2025 launch in 5 pilot cities), and the Ambassador Program (leadership development across 3 major cities). Programs are designed to bridge the gap between academic learning and workforce requirements while providing equal educational opportunities.
Differentiator
Problem solved
Functional benefit
Products and services
- Scholarship Program Comprehensive scholarship initiative offering multiple specialized awards including STEM, Healthcare, FinTech Innovation, Veterans & Families, Single Parent Household, Dr. Emma Lerew Education, Creative Arts, and STEAM scholarships for underrepresented and underprivileged students pursuing higher education. Applications accepted through an online portal during open windows.
- Media Lab Program (NextGen Media Creators Lab) Project-based technology training program providing hands-on experience in media technology. Students learn to produce television programs, short films, music, and sports programming using professional-grade equipment (Grass Valley AMPP, Lenovo, Blackmagic Design) while gaining professional references and leadership skills. Deployed in Los Angeles, Miami, and NYC with expansion planned nationwide.
- FinTech Innovation Lab Program (NextGen Finance Lab) Financial technology training lab program designed to create ecosystems for hands-on experience in fintech. Scheduled to launch across five pilot locations to help students develop marketable skills in financial technology.
- Leadership Development / Ambassador Program Youth leadership development initiative featuring 12 ambassadors across Los Angeles, Miami, and New York City. Develops next-generation leaders from underserved communities who represent the foundation, spread awareness, recruit applicants, and serve as peer role models.
Quantifiable outcome
- Over 44 scholarships granted in the last three years to high-potential underserved students
- +3 more outcomes
Companies that use For A Bright Future
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles4 records
For A Bright Future technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
For A Bright Future partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Environmental Science Associates (ESA)coreESA granted $10,000 to For A Bright Future to fund two scholarships for underrepresented STEM students pursuing environmental sciences in 2025. The initiative is aimed at first-generation college students and seeks to empower underserved communities while promoting diversity in STEM fields.
- Greenaccord OnlusminorStrategic partnership to address climate change's disproportionate impact on disadvantaged children. Combines FABF's commitment to supporting vulnerable youth with Greenaccord's expertise in environmental journalism training. Joint initiatives include raising awareness among journalists about climate change's impact on disadvantaged children and promoting editorial and media initiatives dedicated to environmental education.
- New York City Department of EducationcoreFABF secured an alliance with New York City magnet schools whose districts received a five-year grant funding from the Magnet Schools Assistant Program (MSAP). FABF programs are set to deploy in these schools by 2025, extending the foundation's reach into the NYC public school system.
- Grass ValleycoreGrass Valley's software platform AMPP (Agile Media Processing Platform) is integrated into the FABF Media Lab curriculum to enable efficient and flexible workflows for live content creation, management, and distribution. Grass Valley's North America strategic accounts leader, Ayhan Rob Ulke, was appointed Vice-Chair of the Media Lab program.
- Hispanic Educational Technology Services (HETS)coreJoint initiative encompassing curriculum development, training, and program implementation in key cities including Los Angeles, Miami, and New York City. The partnership cultivates a robust environment for diverse talents to flourish in the media sector, facilitates dual credit acquisition for students, and propels funding initiatives through grant collaboration.
- NAB Leadership Foundation (NABLF)corePartnership to revolutionize media education and career pathways for students by developing a comprehensive career pathway bridging high school and higher education in media technology, expanding leadership programs, and exploring funding resources. FABF's Media Lab and Creative Arts Scholarship recipients gain enhanced opportunities to participate in NABLF's Technology Apprenticeship Program, Emerson Coleman Fellowship, and Media Sales Academy.
- Digital JoyminorTracey Shaw, Co-founder and President of Digital Joy and former WWE Executive, serves as FABF Event Chair and leads the Event Committee Initiatives. Digital Joy's involvement includes hosting and event coordination for the Warmth of Giving fundraiser.
- ESI TechnologiescoreESI Technologies provides continuing support to FABF as a technology solutions partner, supporting the organization's mission to help children obtain education and tools needed to succeed while encouraging development of future leaders rooted in STEAM studies. ESI's President and CEO Greg Rokos serves on FABF's Board of Directors.
- North Miami Beach Discovery LibrarycoreLaunch of the Media Lab program at the North Miami Beach Discovery Library in Florida, making STEAM education more accessible to local youth. The library serves as a community hub for hands-on media technology training.
- St. John Bosco High SchoolcoreExpanded partnership with St. John Bosco High School in Los Angeles to select the next 30 schools for the Media Lab program. The partnership provides disadvantaged and underrepresented youth access to cutting-edge technology, teacher and administrator training, workshops, tutorials, and internship/job opportunities in the media sector.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
For A Bright Future competitors and assessment
Company assessmentBroad incumbents
- Scholarship America: Scholarship America is one of the largest U.S. scholarship administrators, managing corporate- and donor-funded scholarships for students. Both organizations administer scholarship programs funded by external donors, but Scholarship America operates at a much larger scale.
- United Negro College Fund (UNCF): UNCF is a large-scale scholarship and education equity nonprofit funding thousands of underrepresented students annually. It is comparable to FABF in its scholarship-centric mission and focus on underserved minority students, but operates at materially larger scale with a multi-hundred-million-dollar budget.
- Jack Kent Cooke Foundation: JKCF provides large scholarship awards and educational support to high-achieving students with financial need. It is comparable to FABF as a scholarship-focused foundation for underserved students, but operates at a substantially larger endowment scale.
Emerging players
- National Society of Black Engineers (NSBE): NSBE supports Black engineering students with scholarships, programs, and career development, with a strong STEM focus. It is comparable to FABF's STEM scholarships and STEAM program focus, though it is a member-based organization at larger scale.
- Bottom Line: Bottom Line provides college access and persistence support to first-generation students from low-income backgrounds. It is comparable to FABF in its mission to serve first-generation and low-income students, with a similar mix of advising and scholarship support.
- Code.org: Code.org is a nonprofit expanding access to computer science education for underrepresented students through school partnerships and curriculum. It is comparable to FABF's Media Lab and FinTech Lab in delivering in-school STEAM technology training to underserved communities.
Direct peers
- Thurgood Marshall College Fund: TMCF provides scholarships, leadership development, and career pathways to students at HBCUs and underserved communities. It is directly comparable to FABF in combining targeted scholarships with leadership development for underrepresented student populations.
- Dell Scholars: Dell Scholars provides multi-year scholarships and wraparound support to low-income, highly motivated college students. Both Dell Scholars and FABF focus on scholarships combined with mentoring and outcomes support for underrepresented students.
- Questbridge: Questbridge connects high-achieving, low-income students to top colleges through full scholarships and a national program. It is comparable to FABF in its mission to bridge low-income students to elite higher education, though it operates at a larger national scale.
- Hispanic Scholarship Fund: HSF is a direct peer that awards scholarships to Hispanic and underrepresented students pursuing higher education, with a focus on STEM and STEAM pathways. Both HSF and FABF combine financial scholarships with leadership development and target similar student demographics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Customer concentration
For A Bright Future social profiles
Digital presenceFor A Bright Future financial estimates
Financial estimateRevenue estimate
Valuation estimate
For A Bright Future leadership team
Management profileNumber of profiles
Profiles8 records
For A Bright Future funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
For A Bright Future M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about For A Bright Future
What does For A Bright Future do?
For A Bright Future Foundation is a 501(c)(3) nonprofit that provides educational scholarships, hands-on STEAM technology training programs (Media Lab and FinTech Innovation Lab), and youth leadership development to underrepresented and underprivileged children. It funds scholarships across eight specialized categories (STEM, Healthcare, FinTech, Veterans & Families, Single Parent Household, Education, Creative Arts, STEAM) and deploys in-person technology labs at partner schools and community libraries in Los Angeles, Miami, and New York City.
Is For A Bright Future a public or private company?
For A Bright Future is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was For A Bright Future founded?
For A Bright Future was founded in 2019. It employs 1 to 10 people.
Where is For A Bright Future based?
For A Bright Future is headquartered in Boynton Beach, United States, in the North America region.
How does For A Bright Future make money?
Two revenue lines are on record. Donations and Fundraising is the primary driver. The others are partnership Grants.
Who are For A Bright Future's main competitors?
Broad incumbents on record are Scholarship America, United Negro College Fund (UNCF) and Jack Kent Cooke Foundation. Emerging players are National Society of Black Engineers (NSBE), Bottom Line and Code.org. Direct peers are Thurgood Marshall College Fund, Dell Scholars, Questbridge and Hispanic Scholarship Fund.
Does For A Bright Future have an API?
No public API is recorded for For A Bright Future.