Mission
TO CREATE OPPORTUNITIES AND CONFRONT CHALLENGES FACING FUTURE GENERATIONS IN THE AREAS OF ECONOMIC OPPORTUNITY, EDUCATION, AND GLOBAL SECURITY.
Public Charity
THE GEN NEXT FOUNDATION INC
THE GEN NEXT FOUNDATION INC, of IRVINE, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $258K in revenue, $492K in expenses, $138K in total assets. 22 publicly reported grants to this organization, totaling roughly $1.6M, appear in IRS filings.
EIN: 271276227
IRVINE, CA
Economics
NTEE: V22
Latest filing: 2024
Total Revenue$258K
Total Expenses$492K
Total Assets$138K
Grant Records22
Funding Total$1.6M
Filing Years2019–2024
Where $100 goes at The Gen Next Foundation Inc
How The Gen Next Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$87
Programs
the work itself
$9
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $87 for programs
$44
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
$43
Worked with strategic partners to further the stated mission of The Gen Next Foundation
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 Received
For grant recipient's exempt purposes
$36,000
PUBLIC, SOCIETAL BENEFIT
$30,500
$5,420
For grant recipient's exempt purposes
$30,000
PUBLIC, SOCIETAL BENEFIT
$221,000
Showing up to 5 of 22 total records — full history available with membership.
Officers & Directors
DIRECTOR
Brian Ferguson
SECRETARY
Dj Burke
DIRECTOR
John Rydell
DIRECTOR
Kevin Dunlap
CEO
Michael Davidson
CHAIRMAN
Paul Makarechian
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $258K | $492K | $138K |
| 2023 | $1.1M | $1.1M | $347K |
| 2022 | $1.1M | $7.9M | $415K |
| 2020 | $1.9M | $1.0M | $7.2M |
| 2019 | $1.0M | $942K | $6.4M |
Between 2019 and 2024, reported annual revenue declined from $1.0M to $258K (-74%), with total assets most recently reported at $138K.
Interactive year-over-year charts and full filing details available with membership.