New Generation Foundation Inc
TO PROVIDE FUNDING TO SUPPORT THE MISSION AND ACTIVITIES OF THE AUTONOMOUS EDUCATIONAL ORGANIZATIONS, "NAZARBAYEV UNIVERSITY AND "NAZARBAYEV INTELLECTUAL SCHOOLS," EACH A NOT-FOR-PROFIT ENTITY LOCATED IN THE REPUBLIC OF KAZAKHSTAN, AND THEIR ORGANIZATIONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$27.9M
Grant Count
1
Avg Grant Size
$27.9M
About New Generation Foundation Inc
Based on IRS filings
New Generation Foundation Inc is a nonprofit organization focused on International, Foreign Affairs & National Security, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $27.9M. Net investment income was $116K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $30,712,966 | $1,489,115,917 |
| Revenue | $116,471 | $20,892,979 | $12,025,273 |
| Expenses | $30,824,521 | $4,494,980 | $7,755,279 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $116,471 | $20,874,456 | $12,024,673 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL MCCLEARY | CHAIR | 45 | $877,500 |
| NURALY BEKTURGANOV | SECRETARY | 35 | $780,000 |
| ROBERT F ARMAO | DIRECTOR | 30 | $780,000 |
| AIDOS BEKTURGANOV | EXECUTIVE DIRECTOR AND MAN | 40 | — |
| GANBAT CHULUUNKHUU | EXECUTIVE DIRECTOR, NGF NEVADA TRUST | 40 | $156,000 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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