Nextfab Foundation

PHILADELPHIA, PA EIN: 81-4548511

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$422K

+39.7% YoY

Annual Giving

$524K

+14.5% YoY

Grant Count

4

+300.0% YoY

Avg Grant Size

$131K

-71.4% YoY

About Nextfab Foundation

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Harrisburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$199K$398K$597K$796K20202021202220232024
Metric202420232022
Total Assets$422,206$302,196$177,875
Revenue$708,226$723,480$673,900
Expenses$588,216$599,159$555,277
Qualifying Distributions$524,439$458,140$477,872
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$131K$262K$393K$524K1 grants20201 grants20211 grants20221 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

ASTROLAB - GREECE$386KPA DEPT OF COMMUNITY AND…$128KINVERCLYDE PROJECT - ROY…$5KAMERICAN UNIVERSITY OF B…$5K

Grant Size Distribution

8 grants across all recorded years

2<$50K$50–100K1$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Astrolab - Greece ($385,880), Pa Dept of Community and Economic Development (dced) Grant ($128,334), Inverclyde Project - Royal Society of Arts Manufactures and Commerce ($5,225).

RecipientPurposeAmount
ASTROLAB - GREECE PROVIDE TECHNICAL FACILITIES, TRAINING AND RELATED SERVICES TO SUPPORT EMPLOYMENT AND ENTREPRENEURSHIP IN ECONOMICALLY OR CONFLICT DISTRESSED COMMUNITIES.$385,880
AMERICAN UNIVERSITY OF BEIRUT DONATION FOR A MAKERSPACE$5,000
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
PA DEPT OF COMMUNITY AND ECONOMIC DEVELOPMENT (DCED) GRANT HARRISBURG, PACREATE A CURRICULUM TO PROVIDE ADVANCED TECHNICAL TRAINING AND JOB PLACEMENT SERVICE TO STUDENTS LIVING IN ECONOMICALLY DISTRESSED AREAS.$128,334

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EVAN MALONEPRESIDENT/TREASURER1
JILL WEBEREXECUTIVE VP/SECRETARY0.15
DAVID LEVINVICE PRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is Nextfab Foundation?

As of 2024, Nextfab Foundation holds $422K in total assets with $708K in annual revenue. It awarded 4 grants totaling $524K in 2024.

Where does Nextfab Foundation operate?

Nextfab Foundation has awarded grants in Pennsylvania.

What size grants does Nextfab Foundation award?

In 2024, Nextfab Foundation awarded 4 grants totaling $524K — an average of about $131K per grant, based on its IRS Form 990 filings.

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.

Explore Open Grants

Browse active grant opportunities in Nextfab Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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