EIN 27-1276227

The Gen Next Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Year formed
2009
Most recent tax filings
2022-12-01
Description
The Gen Next Foundation creates opportunities and confronts challenges facing future generations in the areas of economic opportunity, education, and global security. Its venture philanthropy platform supports, informs, and aligns private sector leaders and NGOs in a model that ensures maximum impact. The foundation's programs work with strategic partners to further its mission.
Total revenues
$1,078,028
2022
Total expenses
$7,865,650
2022
Total assets
$414,827
2022
Num. employees
3
2022

Program areas at The Gen Next Foundation

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.

Grants made by The Gen Next Foundation

GranteeGrant descriptionAmount
Walking SofterMitigate the Risks of Climate Change$5,341,933
Gen NextGeneral Support$546,855
Citizens for Responsible Energy Solutions ForumMitigate the Risks of Climate Change$150,000
...and 3 more grants made

Who funds The Gen Next Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$310,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$310,000
Schwab Charitable FundPublic, Societal Benefit$221,000
...and 2 more grants received

Personnel at The Gen Next Foundation

NameTitleCompensation
Michael DavidsonChief Executive Officer$0
Paul MakarechianChairman$0
Todd RustmanTreasurer and Director$0
Wade LairsenPresident$195,000
Dj BurkeSecretary and Director$0
...and 1 more key personnel

Financials for The Gen Next Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,060,700
Program services$0
Investment income and dividends$15,720
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,608
Total revenues$1,078,028

Form 990s for The Gen Next Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-16990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
2018-122020-02-03990View PDF
...and 8 more Form 990s
Data update history
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Thatcher Foundation
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 1, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Social sciences
Characteristics
Provides grantsConducts researchState / local levelTax deductible donationsAccepts online donations
General information
Address
2646 Dupont Dr 507 Ste 60
Irvine, CA 92612
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Orange County, CA
Website URL
gennextfoundation.org/ 
Phone
(877) 770-4698
IRS details
EIN
27-1276227
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V20: Social Science Research Institutes, Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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