The Next Foundation Inc
The Next Foundation Inc is a nonprofit organization focused on Youth Development, based in Inverness, IL. IRS filing data is available from 2020 through 2023.
The Next Foundation Inc at a glance
- Revenue (2023)
- $50,000
- Expenses (2023)
- $50,000
- Latest 990 filing
- Form 990 filing, 2023 View filing
Data from IRS Form 990 filing, 2023; updated September 2026.
Who The Next Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 3 grants totaling $332K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Judson University Elgin, IL | To Fund Athletic Opportunities | $310,000 |
| St Viator Arlington Heights, IL | To Fund Athletic Opportunities | $15,000 |
| Colgate University Hamilton, NY | To Fund Athletic Opportunities | $7,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2023 | — | $50,000 | $50,000 | — | — | — | — |
| 2020 | $70,094 | $180,274 | $339,897 | $332,000 | 3 | $41,271 | $6,137 |
Leadership & Key People
Officers and directors from IRS filings
The Next Foundation Inc is led by Thaddeus Scislowski Thaddeus Scislo, President on the 2023 filing; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Thaddeus Scislowski Thaddeus Scislo
President
New on the 2023 filing
No compensation reported
Susan Scislowski
Director
On filings since 2020
No compensation reported
Denise Tokarczyk
Secretary
On filings since 2020
No compensation reported
Ed Grasse
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Thaddeus Scislowski (2020) — President
Data from IRS Form 990 filings, 2020–2023. "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 The Next Foundation Inc
What is The Next Foundation Inc?
The Next Foundation Inc is a nonprofit organization focused on Youth Development, based in Inverness, IL.
Where does The Next Foundation Inc operate?
The Next Foundation Inc has awarded grants in Illinois, New York.
What is The Next Foundation Inc's EIN?
The Next Foundation Inc's EIN (Employer Identification Number) is 82-3579890. IRS Form 990 filing data is available on this page for 2020–2023.
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 2020–2023
Live grants for the work The Next Foundation Inc funds
Youth Development Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Next Foundation Inc's focus areas in our free grants database
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