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Next Octave Foundation is a private corporation based in SOQUEL, CA. The foundation received its IRS ruling in 2023. The principal officer is Kimberly Carter Gamble. It holds total assets of $3.4M. Annual income is reported at $3.7M. Total assets have grown from $554K in 2023 to $3.4M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2023 to 2024. According to available records, Next Octave Foundation has made 8 grants totaling $425K, with a median grant of $50K. Individual grants have ranged from $50K to $75K, with an average award of $53K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Florida, California, Nebraska, which account for 63% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Next Octave Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in FL, CA, NE.
Next Octave Foundation has distributed a total of $425K across 8 grants. The median grant size is $50K, with an average of $53K. Individual grants have ranged from $50K to $75K.
Next Octave Foundation typically selects its grantees rather than accepting unsolicited proposals.
Next Octave Foundation is headquartered in SOQUEL, CA. While based in CA, the foundation distributes grants to organizations across 6 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kimberly Carter Gamble | EXECUTIVE DIRECTOR | $18K | $0 | $18K |
| Foster Gamble | PRESIDENT/CEO | $18K | $0 | $18K |
| Marshall Lefferts | SECRETARY | $2K | $0 | $2K |
| Teresa Collins | CHAIR OF THE BOARD | $2K | $0 | $2K |
| Ray Gale | TREASURER | $2K | $0 | $2K |
| Year | Return Type | |
|---|---|---|
| 2024 | 990PF | — |
| 2023 | 990PF | View |
Total Giving
N/A
Total Assets
$3.4M
Fair Market Value
N/A
Net Worth
$3.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$425K
Average Grant
$53K
Median Grant
$50K
Unique Recipients
8
Most Common Grant
$50K
of 2023 grantees were first-time recipients
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.