EIN 26-2700185

NextFifty Initiative

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Year formed
2008
Most recent tax filings
2023-12-01
NTEE code, primary
Description
NextFifty Initiative is an independent, Colorado-based, organization, dedicated to funding mission-driven initiatives that improve community services for older adults.
Also known as...
Total Community Options Foundation; Innovage Foundation
Total revenues
$9,574,875
2023
Total expenses
$12,204,798
2023
Total assets
$244,297,749
2023
Num. employees
12
2023

Program areas at NextFifty Initiative

Through 5/12/16, innovage foundation focused on securing broad-based community support for the programs and services of total community options, inc. dba innovage. The foundation educated the community and obtained financial support from a variety of funding sources to include individuals, corporations, and foundations. The foundation's operations were fully subsidized by innovage, which ensured that 100% of all contributions were utilized for program support as directed by the donor. In addition to donor cultivation and recognition, the foundation worked collaboratively within the organization to ensure that gifts were administered appropriately and in accordance with donor intent. As of 5/13/16, the foundation is now operating under a new model, as Nextfifty Initiative. Nextfifty's renewed purpose is to promote independence and dignity for the aging population, to include the needs of low and moderate income persons, encompassing individuals with physical, cognitive, and/or behavioral disabilities, by encouraging and supporting innovative, affordable and coordinated services and initiatives. Nextfifty Initiative is now an independent, Colorado based, nonprofit organization, dedicated to funding mission-driven initiatives that improve community services for the elderly population and caregivers. This newly formed foundation will seek, vet and fund game-changing breakthroughs to improve and sustain quality of life for people in the second 50 years of their life via grants and financial support to organizations committed to the elderly population and their caregivers. The Nextfifty Initiative will provide stringent measures for all outcomes, educate about proven initiatives and advocate for transformational change for all people in their second 50 years. We consider ourselves an engine for innovation that transforms aging. Our work will impact life for generations to come.
Grants returned to nfi

Grants made by NextFifty Initiative

GranteeGrant descriptionAmount
ITNAmericaTechnology Infrastructure for America's Volunteer Driver Center Portal$250,000
Dodge County Hospital AuthorityGeorgia Black Belt Care Management Services$249,880
Colorado Latino Leadership Advocacy & Research OrganizationConducting Innovative Community-Based Participatory Research Among Older Latino Coloradan Adults$245,000
...and 107 more grants made totalling $6,320,976

Personnel at NextFifty Initiative

NameTitleCompensation
Peter KaldesPresident and Chief Executive Officer
Su ChaeDirector, Finance and Accounting$160,643
Amy DalyDirector of Communic$118,919
Bria WardDirector of People$169,743
Chandra Matthews JergensonDirector of Programs$166,054
...and 14 more key personnel

Financials for NextFifty Initiative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$4,705,950
Net rental income$0
Net gain from sale of non-inventory assets$4,798,328
Gross sales of inventory$0
Miscellaneous revenues$70,597
Total revenues$9,574,875

Form 990s for NextFifty Initiative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-24990PFView PDF
2022-122023-10-10990PFView PDF
2021-122022-11-12990PFView PDF
2020-122021-09-22990PFView PDF
2019-122021-06-11990PFView PDF
...and 10 more Form 990s
Data update history
October 22, 2024
Used new vendors
Identified 2 new vendors, including , and
April 19, 2024
Updated personnel
Identified 6 new personnel
November 28, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 28, 2023
Updated personnel
Identified 6 new personnel
November 26, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedFundraising eventsCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
2000 S Colorado Blvd Tower 1 5500
Denver, CO 80222
Metro area
Denver-Aurora-Lakewood, CO
County
Denver County, CO
Website URL
next50foundation.org/ 
Phone
(303) 547-1800
Facebook page
NextFiftyInitiative 
Twitter profile
@50initiative 
IRS details
EIN
26-2700185
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Revoked
FTB status revoked
Not revoked
AG Registration Number
CT0198264
FTB Entity ID
3581891
AB 488 data last updated ("as-of") date
2024-11-06
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