An aqueous or water-borne precursor liquid for forming an odor-absorbing and anti-fouling heterophasic thermoset polymeric coating is provided. The precursor includes a fluorine-containing polyol precursor having a functionality >about 2 that forms a branched fluorine-containing polymer component defining a first phase in the anti-fouling heterophasic thermoset polymeric coating. The precursor also includes a first precursor that forms a first component including a cyclodextrin present as second phase. The first phase can be a continuous phase and the second phase can be a first discrete phase, or the second phase can be the continuous phase and the first phase can be the first discrete phase. A crosslinking agent, water, and optional acid or base are also present. An emulsifier may also be included. Methods of making an odor-absorbing and anti-fouling heterophasic thermoset polymeric coatings with such precursors are also provided.