Gen Next Foundation

Organization Overview

Gen Next Foundation is located in Irvine, CA. The organization was established in 2010. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 12/2022, Gen Next Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gen Next Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Gen Next Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $7.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE OPPORTUNITIES FOR AND CONFRONT CHALLENGES FACING FUTURE GENERATIONS IN THE AREAS OF ECONOMIC OPPORTUNITY, EDUCATION, AND GLOBAL SECURITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VENTURE PHILANTHROPY PLATFORM SUPPORTS, INFORMS, AND ALIGNS PRIVATE SECTOR LEADERS, AND NGOS IN A VENTURE PHILANTHROPY MODEL TO ENSURE OUR VENTURES HAVE THE GREATEST IMPACT.


WORKED WITH STRATEGIC PARTNERS TO FURTHER THE STATED MISSION OF THE GEN NEXT FOUNDATION.


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Board, Officers & Key Employees

Name (title)Compensation
Paul Makarechian
Chairman
$0
Dj Burke
Secretary/director
$0
Todd Rustman
Treasurer/director
$0
John Rydell
Director
$0
Kevin Dunlap
Director
$0
Brian Ferguson
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Emissary Relations Llc
Public Affairs
$154,197
Adnan Kifayat
Director Of Global Security Initiatives
$168,000
Future Back Inc
Management Services
$106,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,060,700
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,060,700
Total Program Service Revenue$0
Investment income $15,720
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,078,028

Grants Awarded

Over the last fiscal year, Gen Next Foundation has awarded $6,388,788 in support to 6 organizations.

Grant RecipientAmount

WALKING SOFTER

PURPOSE: MITIGATE THE RISKS OF CLIMATE CHANGE

$5,341,933

CLIMATE SOLUTIONS

PURPOSE: MITIGATE THE RISKS OF CLIMATE CHANGE

$50,000

CRES FORUM

PURPOSE: MITIGATE THE RISKS OF CLIMATE CHANGE

$150,000

DEPLOYUS

PURPOSE: MITIGATE THE RISKS OF CLIMATE CHANGE

$150,000

GEORGE MASON UNIVERSITY FOUNDATION

PURPOSE: MITIGATE THE RISKS OF CLIMATE CHANGE

$150,000

GEN NEXT

PURPOSE: GENERAL SUPPORT

$546,855
View Grant Profile

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