Nexgen Foundation Inc
Nexgen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Englewood Cliffs, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $47K.
Key facts about Nexgen Foundation Inc
- EIN
- 26-3645191
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $46,647
- Grants made (2023)
- 1
- Average grant
- $46,647
- Median grant
- $46,647
- Primary geography
- New Jersey (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
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Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$47K
Grant Count
1
Avg Grant Size
$47K
About Nexgen Foundation Inc
Based on IRS filings
Nexgen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Englewood Cliffs, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $47K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2023 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $49,404 | $49,404 |
| Revenue | — | — | — |
| Expenses | $49,404 | — | — |
| Qualifying Distributions | $46,647 | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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 2023
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest recipients include Gospark Inc ($46,647).
| Recipient | Purpose | Amount |
|---|---|---|
| Gospark Inc Englewood Cliffs, NJ | End of operation. Support to 501(c)(3) charitable organization. | $46,647 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2023 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dong Bin Kim | President | — | — |
| Jae Heung Choi | Vice President | — | — |
| Peter Nahm | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nexgen Foundation Inc?
Nexgen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Englewood Cliffs, NJ. It holds — in total assets as of 2023.
Where does Nexgen Foundation Inc operate?
Nexgen Foundation Inc has awarded grants in New Jersey.
What size grants does Nexgen Foundation Inc award?
In 2023, Nexgen Foundation Inc awarded 1 grant totaling $47K — an average of about $47K per grant, based on its IRS Form 990 filings.
What is Nexgen Foundation Inc's EIN?
Nexgen Foundation Inc's EIN (Employer Identification Number) is 26-3645191. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.