Overview
What is New Generation Foundation Inc?
New Generation Foundation Inc is a nonprofit organization based in Las Vegas, Nevada, with a mission to support the educational and related activities of two autonomous entities, Nazarbayev University and Nazarbayev Intellectual Schools, located in Kazakhstan. In 2022, the Foundation established the necessary infrastructure and distributed funds to these organizations to further their missions. The Foundation, with a team of five employees, aims to provide crucial financial backing to these not-for-profit educational institutions and their affiliated organizations.
Is New Generation Foundation Inc legitimate?
New Generation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Generation 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: $745,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,270
For more financial information, click here
What is the mission statement of New Generation Foundation Inc?
The New Generation Foundation Inc is focused on providing funding to support the missions and activities of two autonomous educational organizations: Nazarbayev University and Nazarbayev Intellectual Schools. Both entities are not-for-profit and are based in Kazakhstan. The Foundation's goal is to help these organizations thrive through financial assistance. In the year 2022, the Foundation worked on establishing the necessary infrastructure to facilitate future educational and related activities. Additionally, funds were distributed to educational organizations in Kazakhstan, contributing to the Foundation's mission.
Who is the CEO of New Generation Foundation Inc?
Aidos Bekturganov is the Jhllc Manager, Chair And Ceo of New Generation Foundation Inc. The CEO's salary of New Generation Foundation Inc is $325,000 and their total compensation is $325,000.
What is the revenue of New Generation Foundation Inc?
New Generation Foundation Inc's revenue in 2022 was $12,025,273.
Who are the executives of New Generation Foundation Inc and what are their salaries?
The average compensation at New Generation Foundation Inc during 2022 was $164,508. There are 5 employees and 5 volunteers at New Generation Foundation Inc.
Here are 12 key members and their salaries (New Generation Foundation Inc's CEO's salary is $325,000 and their total compensation is $325,000):
- Compensation: $325,000
- Related: $0
- Other: $0
- Compensation: $268,250
- Related: $0
- Other: $0
- Compensation: $152,065
- Related: $0
- Other: $0
- Compensation: $58,104
- Related: $0
- Other: $0
- Compensation: $33,439
- Related: $0
- Other: $0
- Compensation: $24,356
- Related: $0
- Other: $0
- Compensation: $0
- Related: $3,557
- Other: $0
- Compensation: $0
- Related: $553,084
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $80,042
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Generation Foundation Inc?
New Generation Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Generation Foundation Inc
New Generation Foundation Inc is a philanthropic organization dedicated to funding the mission and activities of two autonomous educational entities: Nazarbayev University and Nazarbayev Intellectual Schools, both located in Kazakhstan and operating as not-for-profit organizations. The Foundation's primary objective is to support these educational institutions and their affiliated organizations in their pursuit of excellence.
In 2022, New Generation Foundation Inc continued its efforts by establishing the necessary infrastructure to facilitate future educational and related activities. Furthermore, the Foundation distributed funds to various educational organizations in Kazakhstan, remaining committed to its mission of providing financial assistance to these entities.
Nazarbayev University and Nazarbayev Intellectual Schools are key players in the educational landscape of Kazakhstan. With a not-for-profit status, they focus on delivering high-quality education and contributing to the development of the community. The New Generation Foundation Inc plays an essential role in fueling their growth and ensuring their continued success. Through its financial support, the Foundation enables these organizations to expand their reach and provide even more opportunities for students in Kazakhstan.
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Impact
October, 2024
New Generation Foundation Inc plays a crucial role in enhancing the educational landscape of Kazakhstan through its support of Nazarbayev University and Nazarbayev Intellectual Schools. By providing funding, the foundation enables these autonomous educational organizations to further their missions and implement innovative programs that can significantly impact students and educators.
In 2022, New Generation Foundation Inc focused on establishing a robust framework to facilitate ongoing educational initiatives, ensuring that the necessary infrastructure is in place for future growth and development. The funds distributed to various educational entities help create enriching learning environments and foster academic excellence, ultimately contributing to a more educated and skilled populace in Kazakhstan.
The foundation's efforts directly support the advancement of not-for-profit education in the region, paving the way for enhanced educational opportunities that can lead to improved social and economic outcomes. By investing in these educational organizations, New Generation Foundation Inc promotes a culture of knowledge and innovation, thus playing a pivotal role in shaping the future of education in Kazakhstan.
This information is meant to be a general summary of New Generation 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 2022.
- Investment Income: $12,024,673
- Gross Receipts: $12,025,273
Assets and Liabilities:
- Total Assets: $1,489,115,917
- Total Liabilities: $260,665
- Net Assets: $1,488,855,252
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Organization Details
Founding Year
2019
Phone
(703) 953-5214Principal Officer
Aidos Bekturganov
Main Address
1810 E SAHARA AVE 587, LAS VEGAS, NV, 89104
NTEE Category
Code: Q12 - International
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