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Nextgen Foundation Charitable Trust is a private trust based in EMIGRANT, MT. The foundation received its IRS ruling in 1996. It holds total assets of $13.4M. Annual income is reported at $704K. Total assets have grown from $10.5M in 2010 to $12.9M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Maryland. According to available records, Nextgen Foundation Charitable Trust has made 159 grants totaling $1.9M, with a median grant of $10K. Individual grants have ranged from $1K to $35K, with an average award of $12K. The foundation has supported 53 unique organizations. The foundation primarily supports organizations in Maryland, Virginia, Illinois, which account for 55% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$35K
Based on 53 grants from the most recent 990-PF filing.
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.
Nextgen Foundation Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 159 grants. Its grantmaking reaches organizations primarily in MD, VA, IL.
Nextgen Foundation Charitable Trust has distributed a total of $1.9M across 159 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $1K to $35K.
Nextgen Foundation Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Nextgen Foundation Charitable Trust is headquartered in EMIGRANT, MT. While based in MT, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul O Wallace | TREASURER | $0 | $0 | N/A |
| Melissa W Smith | SECRETARY | $0 | $0 | N/A |
| Robert E Smith | PRESIDENT | $0 | $0 | N/A |
Total Giving
$604K
Total Assets
$12.9M
Fair Market Value
$12.9M
Net Worth
$12.9M
Grants Paid
$603K
Contributions
N/A
Net Investment Income
$474K
Distribution Amount
$591K
Total: $772K
Total Grants
159
Total Giving
$1.9M
Average Grant
$12K
Median Grant
$10K
Unique Recipients
53
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Samaritan'S PurseUNRESTRICTED | Boone, NC | $35K | 2022 |
| Elliston Church Of GodUNRESTRICTED | Elliston, VA | $30K | 2022 |
| American Red CrossUNRESTRICTED | Boone, IA | $30K | 2022 |
| Homes For Our TroopsUNRESTRICTED | Tauton, MA | $25K | 2022 |
| Wounded Warrior ProjectUNRESTRICTED | Jacksonville, FL | $25K | 2022 |
| Jerusalem Prayer TeamUNRESTRICTED | Phoenix, AZ | $25K | 2022 |
| National Trappers AssociationUNRESTRICTED | Bedford, IN | $25K | 2022 |
| Ronald Mcdonald House CharitiesUNRESTRICTED | Baltimore, MD | $25K | 2022 |
| Paul'S PlaceUNRESTRICTED | Baltimore, MD | $25K | 2022 |
| Turning Point UsaUNRESTRICTED | Lemont, IL | $25K | 2022 |
| Gerstell AcademyUNRESTRICTED | Finksburg, MD | $20K | 2022 |
| House Of RuthUNRESTRICTED | Baltimore, MD | $20K | 2022 |
| Tunnel To Towers FoundationUNRESTRICTED | Staten Island, NY | $20K | 2022 |
| Susan G Komen FoundationUNRESTRICTED | Dallas, TX | $20K | 2022 |
| Us Sportsmen'S AllianceUNRESTRICTED | Columbus, OH | $20K | 2022 |
| Nra FoundationUNRESTRICTED | Fairfax, VA | $20K | 2022 |
| Maryland Food BankUNRESTRICTED | Baltimore, MD | $15K | 2022 |
| Md Special OlympicsUNRESTRICTED | Baltimore, MD | $15K | 2022 |