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EIN 81-4548511

Nextfab Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Philadelphia
State
Pennsylvania
Year formed
2017
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Nextfab Foundation is a corporate foundation based in Philadelphia, PA, that primarily funds technical facilities, training, and related services to support employment and entrepreneurship in economically or conflict-distressed communities. It aims to create a technical training center for the Astrolab project in Greece and develop curriculum to provide advanced training. The foundation made one grant last year, with grantees including Astrolab in Greece.
Total revenues
$723,480
2023
Total expenses
$599,159
2023
Total assets
$302,196
2023
Num. employees
0
2023

Program areas at Nextfab Foundation

Astrolab - creation of a technical training center in greece
Johnstown project (dced grant) - create curriculum to provide advanced technical training and job placement services to students living in economically distressed areas.
Inverclyde project - establish a regional training program in advanced manufacturing targeting the disadvantaged communities in former industrialized sections of glasgow and inverclyde.

Who funds Nextfab Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$70,000

Personnel at Nextfab Foundation

NameTitleCompensation
Evan MalonePresident$0

Financials for Nextfab Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$723,480
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$723,480

Form 990s for Nextfab Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-12990PFView PDF
2019-122021-06-10990PFView PDF
...and 2 more Form 990s
Data update history
January 7, 2024
Posted financials
Added Form 990PF for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 24, 2021
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate operating foundationsCharities
Issues
Foreign affairsInternational development
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2319 Locust St
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
nextfabfoundation.org/ 
Phone
(215) 515-3595
IRS details
EIN
81-4548511
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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