The future of humanity institute is the EA longtermist organisation at oxford run by swedish philosopher Nick Bostrom, who got in trouble for an old racist email and subsequent bad apology. It is the one that is rumored to be shutting down.
The Future of Life institute is the EA longtermist organisation run by swedish physicist Max Tegmarck, who got in trouble for offering to fund a neo-nazi newspaper (He didn't actually go through with it and claimed ignorance). It is the one that got the half a billion dollar windfall.
I can't imagine how you managed to conflate these two highly different institutions.