FUTO is founded and owned by Yahoo Games founder and WhatsApp seed investor Eron Wolf. Presumably he is also the source of all the funding for the organization -- at least I could not find information about other funding sources.
FUTO gave $10M to minds.com, a crypto-based facebook clone, where people get cryptocurrency for interacting with site.
Currently, FUTO's job page is looking for someone to write yet another OS:
> "searching for a talented engineer to work with a team of elite Silicon Valley veterans to create a minimalist (less than 50,000 lines of code) bare metal operating system for a single board computer."
> "This position is ideal for a recent graduate looking to avoid the corporate tech world and its focus on high-level app development or an experienced engineer eager to get away from that world. The right candidate might also be an anti-establishment student looking to leave college early."