Public Charity

NEW GENERATION FOUNDATION INC

NEW GENERATION FOUNDATION INC, of LAS VEGAS, NV, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $116K in revenue, $30.8M in expenses. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $27.9M.

EIN: 364957734 LAS VEGAS, NV Latest filing: 2024
Total Revenue$116K
Total Expenses$30.8M
Grants Given1
Grant Total$27.9M
Filing Years2020–2024

Mission

TO PROVIDE FUNDING TO SUPPORT THE MISSION AND ACTIVITIES OF THE AUTONOMOUS EDUCATIONAL ORGANIZATIONS, "NAZARBAYEV UNIVERSITY AND "NAZARBAYEV INTELLECTUAL SCHOOLS," EACH A NOT-FOR-PROFIT ENTITY LOCATED IN THE REPUBLIC OF KAZAKHSTAN, AND THEIR ORGANIZATIONS.

Where $100 goes at New Generation Foundation Inc

How New Generation Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$71 Programs the work itself
$29 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $71 for programs

$71
In 2024, the foundation continued to set up the appropriate structure needed to support all the future educational and other related activities in furtherance of its mission
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

NGF NEVADA TRUST
LAS VEGAS, NV · 2024
THE NGF NEVADA TRUST IS A TRUST FORMED BY THE NEW GENERATION FOUNDATION, INC. ("NGF") TO RECEIVE THE REMAINING FUNDS AND ASSETS OF NGF IN CONNECTION WITH ITS DISSOLUTION. THE TRUST IS INTENDED TO RESOLVE ANY OUTSTANDING VALID CLAIMS, OBLIGATIONS, DEBTS, AND EXPENSES, AND TO SUPPORT ANY POTENTIAL LITIGATION RELATED TO NGF AND ITS TRANSACTIONS. ULTIMATELY, THE TRUST AIMS TO DISTRIBUTE ANY REMAINING ASSETS TO NGF'S CHARITABLE BENEFICIARIES, SPECIFICALLY NAZARBAYEV UNIVERSITY AND NAZARBAYEV INTELLECTUAL SCHOOLS IN KAZAKHSTAN, THEREBY FULFILLING NGF'S ORIGINAL MISSION OF SUPPORTING EDUCATIONAL AND SOCIAL DEVELOPMENT PROGRAMS IN KAZAKHSTAN.
$27,928,474

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR AND MAN Aidos Bekturganov
EXECUTIVE DIRECTOR, NGF NEVADA TRUST Ganbat Chuluunkhuu
CHAIR Joel Mccleary
SECRETARY Nuraly Bekturganov
DIRECTOR Robert F Armao

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$27,928,474 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $116K $30.8M —
2023 $20.9M $4.5M $30.7M
2022 $12.0M $7.8M $1.5B
2020 $1.2B $25 $1.6B

Between 2020 and 2024, reported annual revenue declined from $1.2B to $116K (-100%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NV.

NV

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NEW GENERATION FOUNDATION INC

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