Nextfab Foundation
Nextfab Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in Philadelphia, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $422K in total assets. In 2024, it awarded 4 grants totaling $524K.
Nextfab Foundation at a glance
In short: Nextfab Foundation gave $524K across 4 grants in 2024 (avg $131K), top state Pennsylvania. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $524,439
- +14.5% vs 2023
- Grants made (2024)
- 4
- +300.0% vs 2023
- Average grant
- $131,110
- -71.4% vs 2023
- Median grant
- $66,780
- Total assets
- $422,206
- +39.7% vs 2023
- Primary geography
- Pennsylvania (24% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Nextfab Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Astrolab - Greece ($386K). Together the top 4 received $524K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $250–500K range: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How Nextfab Foundation gives
- Giving grew 35% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $387K (2020) to $524K (2024). In 2024 it made 4 grants totaling $524K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Astrolab - Greece | Provide technical facilities, training and related services to support employment and entrepreneurship in economically or conflict distressed communities. | $385,880 |
| Pa Dept of Community and Economic Development (Dced) Grant Harrisburg, PA | Create a curriculum to provide advanced technical training and job placement service to students living in economically distressed areas. | $128,334 |
| Inverclyde Project - Royal Society of Arts Manufactures and Commerce | Establish a regional training program in advanced manufacturing targeting the disadvantaged communities in former industrialized sections of glasgow and inverclyde. | $5,225 |
| American University of Beirut | Donation for a Makerspace | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $422,206 | $708,226 | $588,216 | $524,439 | 4 | $524,439 |
| 2023 | $302,196 | $723,480 | $599,159 | $458,140 | 1 | $458,140 |
| 2022 | $177,875 | $673,900 | $555,277 | $477,872 | 1 | $477,872 |
| 2021 | $59,252 | $488,563 | $432,584 | $389,152 | 1 | $389,152 |
| 2020 | $3,273 | $438,775 | $437,071 | $386,596 | 1 | — |
Leadership & Key People
Officers and directors from IRS filings
Nextfab Foundation is led by Evan Malone, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Evan Malone
President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
David Levin
Vice President
On filings since 2020
No compensation reported
Jill Weber
Executive Vice President & Secretary
On filings since 2020
0.2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Nextfab Foundation
How much does Nextfab Foundation give each year?
Nextfab Foundation gave $524K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $458K across 1 grant.
What is Nextfab Foundation's typical grant size?
Nextfab Foundation's median grant in 2024 was $66,780, and its average grant was $131,110, across 4 grants on its 2024 IRS Form 990-PF.
Where does Nextfab Foundation give grants?
Nextfab Foundation's top state is Pennsylvania, with 24% of the grant dollars itemized on its 2024 IRS Form 990-PF.
Does Nextfab Foundation give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Nextfab Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is Nextfab Foundation?
Nextfab Foundation reported $422K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $708K.
What is Nextfab Foundation?
Nextfab Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in Philadelphia, PA. It holds $422K in total assets as of 2024.
What is Nextfab Foundation's EIN?
Nextfab Foundation's EIN (Employer Identification Number) is 81-4548511. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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