The Next Step Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $73K in total assets. In 2023, it made $250 in qualifying distributions. Net investment income was $335.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$73K
+122.6% YoY
Revenue
$41K
+94.2% YoY
Qualifying Distributions
$250
-88.4% YoY
Expenses
$829
-61.4% YoY
About The Next Step Foundation Inc
Based on IRS filings
The Next Step Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $73K in total assets. In 2023, it made $250 in qualifying distributions. Net investment income was $335.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $73,245 | $32,900 | $13,850 |
| Revenue | $41,174 | $21,200 | $14,340 |
| Expenses | $829 | $2,150 | $490 |
| Qualifying Distributions | $250 | $2,150 | $490 |
| Net Investment Income | $335 | — | — |
| Distributable Amount | $3,501 | $723 | $217 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONN KIM | MEMBER | 1 | — |
| TODD MCADAMS | MEMBER | 1 | — |
| SCOTT W FAULKNER | MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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