Resource Generation

Organization Overview

Resource Generation is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Resource Generation employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resource Generation 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 12/2021, Resource Generation generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RESOURCE GENERATION ORGANIZES YOUNG PEOPLE WITH WEALTH AND CLASS PRIVILEGE IN THE U.S. TO BECOME TRANSFORMATIVE LEADERS WORKING TOWARDS THE EQUITABLE DISTRIBUTION OF WEALTH, LAND AND POWER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NATIONAL ORGANIZINGRESOURCE GENERATION ORGANIZES YOUNG (18-35), WEALTHY PEOPLE FROM ACROSS THE U.S. TO LEVERAGE THEIR RESOURCES, PRIVILEGE AND RELATIONSHIPS TO MAKE LASTING STRUCTURAL CHANGE IN PARTNERSHIP WITH THOSE MOST TARGETED BY INCOME INEQUALITY AND CLASS OPPRESSION. THE BROADER RESOURCE GENERATION COMMUNITY INCLUDES PEOPLE OF ALL AGES AND CLASS BACKGROUNDS WHO SUPPORT THE ROLE THAT YOUNG PEOPLE WITH WEALTH PLAY IN SOCIAL CHANGE. RG HAS 17 CHAPTERS AROUND THE U.S., AND WE FOCUS ON DEVELOPING LEADERS THROUGH STORYTELLING, PEER-LED LEARNING AND ACTION. RG SUPPORTS MEMBERS TO ENGAGE IN COLLECTIVE ACTION THROUGH LOCAL CHAPTERS, NATIONAL CAMPAIGNS, INNOVATIVE FUNDING MODELS, AND IN THEIR FAMILY'S PHILANTHROPY.


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Board, Officers & Key Employees

Name (title)Compensation
Yahya Alazrak
Executive Director (as Of 09/21)
$95,970
Sherry Iimay Ho
Executive Director (through 06/21)
$57,490
Emily Duma
Co-Chair
$0
Mac Liman
Secretary
$0
Crystal Middlestadt
Co-Chair
$0
Rachel Robasciotti
Treasurer
$0

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$3,130,540
Noncash contributions included in lines 1a–1f $308,470
Total Revenue from Contributions, Gifts, Grants & Similar$3,130,540
Total Program Service Revenue$94,596
Investment income $1,251
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,309
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,226,740

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Resource Generation has recieved totaling $863,650.

Awarding OrganizationAmount
Amalgamated Charitable Foundation Inc

Washington, DC

PURPOSE: General operating support

$213,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$104,150
Tides Foundation

San Francisco, CA

PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT

$100,000
Loud Hound Foundation

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$100,000
Bafrayung Fund

New York, NY

PURPOSE: GENERAL OPERATING

$100,000
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL SUPPORT

$53,350
View Grant Recipient Profile

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