Next Gen Personal Finance (NGPF) is a 501(c)(3) nonprofit organization headquartered in Palo Alto, California, with additional offices in Burlingame. Founded in 2014, NGPF operates as an operating foundation dedicated to revolutionizing personal finance education in American schools. The organization serves as the leading provider of personal finance curriculum and professional development for educators across the United States.
Key facts about Next Gen Personal Finance
- EIN
- 82-3648278
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,135,436
- Grants made (2024)
- 20
- Average grant
- $56,772
- Median grant
- $52,432
- New grantees (estimate)
- 13% first-time grantees (2 of 16, 2024)
- Total assets
- $39,852,108
- Primary geography
- North Carolina (23% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Next Gen Personal Finance funds
By grant dollars, the top recipient states for Next Gen Personal Finance's 20 itemized 2024 grants were North Carolina (23%), California (23%) and New York (12%). The most frequent recipient cities were Sacramento, CA (4 grants). None of its 20 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support Financial Education in District" (11 grants) and "To Support Teacher Professional Development in the State" (5 grants).
Is Next Gen Personal Finance open to new grantees?
13%
first-time grantees, 2024
In 2024, 2 of 16 grantees (13%) were first-time recipients. First grants averaged $20K; repeat grants $69K. How we count
Medians: $20K first-time, $64K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Next Gen Personal Finance
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$39.9M
+48.6% YoY
Annual Giving
$1.1M
-18.8% YoY
Grant Count
20
-16.7% YoY
Avg Grant Size
$57K
-2.6% YoY
Mission & Focus Areas
Mission: To guarantee all high school students in the U.S. benefit from a high quality course in personal finance taught by a highly qualified teacher by the year 2030.
NGPF's work centers on four primary approaches:
- Curriculum Development: Five turnkey courses designed to enable any teacher to deliver high-quality personal finance instruction
- Professional Development: Comprehensive training programs in multiple formats to build educator confidence and effectiveness in teaching personal finance
- Advocacy: Supporting legislative efforts to establish personal finance education requirements in schools
- Partnerships: Collaborating with states and districts to implement personal finance course policies
Grantmaking
NGPF has committed over $10 million in grants since 2019. The organization offers multiple grant programs throughout the year:
Review Cycle
- **California Access to Financial Education (CAFE) Grant:** Stipends for up to 1,000 high school teachers and grants for districts to hire personal finance specialists
Ready to take the next step with Next Gen Personal Finance?
Geographic Focus
Where this funder awards grants
NGPF funds initiatives across multiple states with particular emphasis on:
- California
- Florida
- New Mexico
- Oregon
- States with recent personal finance education legislation
The organization's reach extends to 30 states that guarantee personal finance courses.
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $39,852,108
- Total Revenues: $15,200,316
- Total Expenses: $5,534,881
- Staff: 26 employees
2023 Financial Data:
- Total Assets: $26,825,549
- Total Giving: $1,399,092
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $39,852,108 | $26,825,549 | $27,853,558 |
| Revenue | $15,200,316 | $2,684,507 | $1,742,444 |
| Expenses | $5,534,881 | $7,134,858 | $5,425,049 |
| Qualifying Distributions | $5,410,622 | $6,309,510 | $5,433,712 |
| Net Investment Income | $7,275,823 | $2,839,632 | $675,175 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
310 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Fund for Public Schools ($135,000), Guilford County Schools ($132,083), San Francisco Unified School District ($130,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FUND FOR PUBLIC SCHOOLS New York City, NY | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $135,000 |
| GUILFORD COUNTY SCHOOLS Greensboro, NC | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $132,083 |
| SAN FRANCISCO UNIFIED SCHOOL DISTRICT San Francisco, CA | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $130,000 |
| CHARLOTTE-MECKLENBURG SCHOOL DISTRICT Charlotte, NC | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $125,088 |
| FLORIDA ATLANTIC UNIVERSITY Atlanta, GA | TO SUPPORT TEACHER PROFESSIONAL DEVELOPMENT IN THE STATE | $83,000 |
| DETROIT PUBLIC SCHOOLS COMMUNITY Detroit, MI | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $80,216 |
| PHILADELPHIA FINANCIAL SCHOLARS Philadelphia, PA | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $67,500 |
| CAFE STIPENDS Sacramento, CA | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $62,000 |
| DENVER PUBLIC SCHOOLS Denver, CO | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $60,358 |
| SCHOOL BOARD OF MIAMI-DADE PUBLIC SCHOOLS Miami, FL | SUPPORT FINANCIAL EDUCATION IN DISTRICT | $59,863 |
Leadership & Key People
Leadership team and compensation from IRS filings
Co-Founder: Tim Ranzetta, who began the organization's work in 2010 at Eastside College Prep in East Palo Alto and co-founded NGPF in 2014 with Jessica Endlich.
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Timothy Ranzetta | President | 60 | — |
| David Weill | Secretary and Treasurer | 1 | — |
| Jessica Endlich | Co-Founder | 40 | $346,100 |
Recent News & Activity
Recent developments and announcements
NGPF has launched multiple state-specific grant initiatives to support the implementation of newly enacted personal finance education requirements. The organization continues to expand its grant programs in response to legislative changes requiring personal finance courses in high schools.
State Agencies Announce Financial Education Grant RecipientsThe organization maintains an endowment matching program for donations, doubling the impact of contributions made by supporters.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Next Gen Personal Finance fund?
**Mission:** To guarantee all high school students in the U.S. benefit from a high quality course in personal finance taught by a highly qualified teacher by the year 2030. NGPF's work centers on four primary approaches: • **Curriculum Development:** Five turnkey courses designed to enable any teacher to deliver high-quality personal finance instruction • **Professional Development:** Comprehensive training programs in multiple formats to build educator confidence and effectiveness in teaching …
How do I apply for a grant from Next Gen Personal Finance?
NGPF has committed over $10 million in grants since 2019. The organization offers multiple grant programs throughout the year: **Active Grant Programs:** • **New Mexico Personal Financial Literacy (PFL) Grant:** Stipends for 50 public high school teachers completing professional development • **Oregon Personal Finance Education (PFE) Grant:** Stipends for public high school educators completing professional development • **California Challenge Grant:** Supports high schools adding personal fina…
Where does Next Gen Personal Finance make grants?
NGPF funds initiatives across multiple states with particular emphasis on: • California • Florida • New Mexico • Oregon • States with recent personal finance education legislation The organization's reach extends to 30 states that guarantee personal finance courses.
What size grants does Next Gen Personal Finance award?
In 2024, Next Gen Personal Finance awarded 20 grants totaling $1.1M — an average of about $57K per grant, based on its IRS Form 990 filings.
What is Next Gen Personal Finance's EIN?
Next Gen Personal Finance's EIN (Employer Identification Number) is 82-3648278. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.