Next Octave Foundation is a private foundation focused on Arts, Culture & Humanities, based in SOQUEL, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 11 grants totaling $575K. Net investment income was $3.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+510.2% YoY
Annual Giving
$575K
+35.3% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$52K
-1.6% YoY
Under IRS private-foundation payout rules, Next Octave Foundation reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
About Next Octave Foundation
Based on IRS filings
Next Octave Foundation is a private foundation focused on Arts, Culture & Humanities, based in SOQUEL, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 11 grants totaling $575K. Net investment income was $3.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $3,378,194 | $553,590 |
| Revenue | $3,664,814 | $1,037,450 |
| Expenses | $842,980 | $484,068 |
| Qualifying Distributions | $675,831 | $456,742 |
| Net Investment Income | $3,561,308 | $1,009,712 |
| Distributable Amount | $87,113 | $3,179 |
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
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Torus Media Llc ($75,000), Andrew Freeman Coherence Education ($50,000), Children's Health Defense ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANDREW FREEMAN COHERENCE EDUCATION SANTA CRUZ, CA | OFFERING OF COURSES TO CHILDREN AND YOUNG ADULTS TO EXPLORE NEW SCIENTIFIC CONCEPTS INCLUDING BASIS OF A UNIFIED FIELD PHILOSOPHY | $50,000 |
| CHILDREN'S HEALTH DEFENSE FRANKLIN LAKES, NJ | HEALTH EDUCATION | $50,000 |
| GOOD OF THE WHOLE INC MINDEN, NE | DEVELOPING AND TESTING ORGANIZATIONAL MODEL FOR EFFECTIVE COLLABORATION | $50,000 |
| LARKEN ROSE PHOENIX, AZ | CREATION OF NEW CONTENT, VISUALS, TECHNOLOGY PROVIDING SELF-DIRECTIVE INTERACTIVE EXPLORATION OF WORLDVIEW TO EXPOSE VALUES AND LOGICAL CONSEQUENCES OF LIVING IN ACCORD WITH THEM. | $50,000 |
| RADIO SHOWCO USA LLC KISSIMMEE, FL | CREATION AND FREE DISTRIBUTION OF A NEW BOOK, WRITTEN AND AUDIO, ON PEACEFUL PARENTING | $50,000 |
| SAFEBLOOD FOUNDATION INC QUINCY, CA | INFRASTRUCTURE FOR SELF-DIRECTED BLOOD TRANSFUSIONS | $50,000 |
| TORUS MEDIA LLC MIAMI, FL | CREATION OF NEW VIDEO AND WRITTEN CONTENT EXPLORING DATA OWNERSHIP, PRIVACY, AND POTENTIAL REMUNERATION FOR CITIZENS FOR SHARING THEIR PERSONAL ONLINE DATA | $75,000 |
| JEREMY HAMMOND WORLDVIEW MEDIA LLC PETOSKEY, MI | DEVELOPING MODEL FOR SELF-SUSTAINING INDEPENDENT JOURNALISM | $50,000 |
| JUDITH RICHARDS - TRTP US INC DOVER, DE | NEW MODEL OF TRAUMA THERAPY | $50,000 |
| PROTECTION OF THE EDUCATIONAL RIGHTS OF KIDS (PERK) NEWBURY PARK, CA | DEVELOPING MODEL FOR SELF-SUSTAINING INDEPENDENT JOURNALISM | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIMBERLY CARTER GAMBLE | EXECUTIVE DIRECTOR | 4.62 | $57,500 |
| FOSTER GAMBLE | PRESIDENT/CEO | 4.62 | $57,500 |
| TERESA COLLINS | CHAIR OF THE BOARD | 0.62 | $1,000 |
| RAY GALE | TREASURER | 0.62 | $1,000 |
| MARSHALL LEFFERTS | SECRETARY | 0.73 | $500 |
| ROB LESLIE | CHAIR OF THE BOARD | 0.62 | $500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Next Octave Foundation?
Next Octave Foundation is a private foundation focused on Arts, Culture & Humanities, based in SOQUEL, CA. It holds $3.4M in total assets as of 2024.
How large is Next Octave Foundation?
As of 2024, Next Octave Foundation holds $3.4M in total assets with $3.7M in annual revenue. It awarded 11 grants totaling $575K in 2024.
Where does Next Octave Foundation operate?
Next Octave Foundation has awarded grants in Arizona, California, Colorado, Delaware, Florida, Michigan, Nebraska, New Jersey, Texas.
What size grants does Next Octave Foundation award?
In 2024, Next Octave Foundation awarded 11 grants totaling $575K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is Next Octave Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Next Octave Foundation reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Next Octave Foundation's EIN?
Next Octave Foundation's EIN (Employer Identification Number) is 92-2959326. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Next Octave Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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