Overview
What is The Gen Next Foundation Inc?
The Gen Next Foundation Inc, located in Irvine, California, is a nonprofit organization with a mission to create opportunities and address challenges facing future generations in the realms of economic opportunity, education, and global security. They accomplish this by supporting, informing, and aligning private sector leaders and non-governmental organizations (NGOs) in a venture philanthropy model. Their goal is to ensure that their initiatives have the maximum impact possible. The foundation, with a team of three dedicated individuals, operates within this mission, working tirelessly to make a difference in shaping the future.
Official website here: www.gennextfoundation.org
Is The Gen Next Foundation Inc legitimate?
The Gen Next Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gen Next Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $78,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,388
For more financial information, click here
Official website here: www.gennextfoundation.org
What is the mission statement of The Gen Next Foundation Inc?
The Gen Next Foundation Inc's mission is centered around creating opportunities and overcoming challenges for future generations in the domains of economic opportunity, education, and global security. They achieve this by supporting, informing, and aligning private sector leaders and non-governmental organizations in a venture philanthropy model, ensuring their initiatives yield the maximum impact.
Official website here: www.gennextfoundation.org
Who is the CEO of The Gen Next Foundation Inc?
Michael Davidson is the CEO of The Gen Next Foundation Inc The CEO's salary of The Gen Next Foundation Inc is $0 and their total compensation is $50,000.
Official website here: www.gennextfoundation.org
What is the revenue of The Gen Next Foundation Inc?
The Gen Next Foundation Inc's revenue in 2023 was $1,059,824.
Official website here: www.gennextfoundation.org
Who are the executives of The Gen Next Foundation Inc and what are their salaries?
The average compensation at The Gen Next Foundation Inc during 2023 was $433,196. There is 1 employee and 8 volunteers at The Gen Next Foundation Inc.
Here are 10 key members and their salaries (The Gen Next Foundation Inc's CEO's salary is $0 and their total compensation is $50,000):
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- Other: $50,000
- Compensation: $28,807
- Related: $0
- Other: $0
Official website here: www.gennextfoundation.org
Where can I find the form 990 for The Gen Next Foundation Inc?
The Gen Next Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gennextfoundation.org
Learn more at the official website: www.gennextfoundation.org
Mission Statement of The Gen Next Foundation Inc
The Gen Next Foundation Inc is committed to creating opportunities and addressing challenges faced by future generations in the realms of economic opportunity, education, and global security. This mission-driven organization employs a venture philanthropy platform to bring together private sector leaders and NGOs, aligning their efforts to maximize the impact of their ventures. By leveraging this collaborative approach, The Gen Next Foundation Inc strives to make a significant difference in the lives of upcoming generations, ensuring a more promising future for all.
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Impact
October, 2024
The Gen Next Foundation Inc significantly influences future generations by addressing critical challenges in economic opportunity, education, and global security. By leveraging a venture philanthropy model, the foundation effectively supports and collaborates with private sector leaders and NGOs, ensuring that initiatives are impactful and sustainable.
Their commitment to creating opportunities manifests through various programs aimed at enhancing educational access and fostering economic empowerment. Through strategic alignment and support, the foundation addresses the pressing needs of communities, facilitating pathways for individuals to thrive in an increasingly competitive global landscape.
Moreover, The Gen Next Foundation focuses on fostering collaboration among stakeholders, ensuring that resources are directed toward initiatives with the highest potential for positive outcomes. This approach not only enhances the capacity of existing organizations but also drives innovative solutions that tackle systemic issues affecting future generations.
By prioritizing social research and informed decision-making, the foundation continually evaluates its impact, striving to adapt and refine its strategies to meet the ever-evolving challenges faced by society. The foundation's efforts thus significantly contribute to a brighter, more secure future for the upcoming generations.
This information is meant to be a general summary of The Gen Next Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $15,720
- Gross Receipts: $1,059,824
Assets and Liabilities:
- Total Assets: $414,827
- Total Liabilities: $6,412
- Net Assets: $408,415
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Organization Details
Founding Year
2009
Principal Officer
Michael Davidson
Website
www.gennextfoundation.orgNTEE Category
Code: V22 - Social research
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