Nexgen Foundation Inc
EIN 263645191Total Given 2016–2023
$88K
7 grants · $11K avg/year
based on 8 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$2K
typical micro grants · $2K–$16K
grant size
0%
transactional · single-year
repeat
$0
Assets (2020)
7
Distinct Recipients
About
Cease of operations and dissolution of private foundation. Liquidated/donated all remaining assets to 501(c)(3) organization to further charitable pursuits.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
NexGen Foundation Inc
Phone
(917) 450-3710
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $10K | $0 | $13K | 5 |
| 2017 | N/A | $0 | $39 | N/A |
| 2018 | $31K | $0 | $8 | 1 |
| 2020 | N/A | $0 | $0 | N/A |
| 2022 | N/A | $0 | $0 | N/A |
| 2023 | $47K | $0 | $0 | 1 |
Grant Size Distribution
Based on 7 grants on record
Minimum
$2K
25th Pctl
$2K
Median
$2K
Average
$13K
75th Pctl
$16K
Maximum
$47K
Geographic Distribution
Officers & Directors
DK
Dong Bin Kim
4 yrs
President
Leadership
JC
Jae Heung Choi
4 yrs
Vice President
Leadership
PN
Peter Nahm
4 yrs
Secretary
Leadership
DK
Dong Bin Kim
4 yrs
President
Leadership
JC
Jae Heung Choi
4 yrs
Vice President
Leadership
PN
Peter Nahm
4 yrs
Secretary
Leadership
DK
Dong Bin Kim
4 yrs
President
Leadership
JC
Jae Heung Choi
4 yrs
Vice President
Leadership
PN
Peter Nahm
4 yrs
Secretary
Leadership
DK
Dong Bin Kim
4 yrs
President
Leadership
JC
Jae Heung Choi
4 yrs
Vice President
Leadership
PN
Peter Nahm
4 yrs
Secretary
Leadership
JC
Jay Choi
2 yrs
President
Leadership
BH
Bea Hahn
2 yrs
Vice President
Leadership
PN
Paul Nahm
2 yrs
Secretary
Leadership
BC
Benjamin Choi
President
Leadership
BH
Bea Hahn
2 yrs
Vice President
Leadership
JC
Jay Choi
2 yrs
Treasurer
Leadership
PN
Paul Nahm
2 yrs
Secretary
Leadership
Grants Awarded (7 total)
| Purpose | ||||
|---|---|---|---|---|
| Gospark Inc | Englewood Cliffs, NJ | $46,647 | End of operation. Support to 501(c)(3) charitable organization. | 2023 |
| GoSpark Inc | Leonia, NJ | $31,000 | Korean War Veteran Scholarship | 2018 |
| William J Felder | Bergenfield, NJ | $2,000 | Scholarship | 2016 |
| Cole J Cowher | Roanoke, VA | $2,000 | Scholarship | 2016 |
| Brandon Giovanni | Martinsville, NJ | $2,000 | Scholarship | 2016 |
| Jacob R Heflin | Steplus City, VA | $2,000 | Scholarship | 2016 |
| Matthew Nilan | Valley Cottage, NY | $2,000 | Scholarship | 2016 |