The Nextgen Foundation Charitable Trust
The Nextgen Foundation Charitable Trust is a private foundation located in Emigrant, Montana. Its website describes a mission of helping people learn to support themselves, with an emphasis on education and training for disadvantaged adults.
The Nextgen Foundation Charitable Trust at a glance
In short: The Nextgen Foundation Charitable Trust gave $591K across 40 grants in 2025 (avg $15K), top state Maryland. 3% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $590,566
- -2.0% vs 2024
- Grants made (2025)
- 40
- -21.6% vs 2024
- Average grant
- $14,764
- +25.0% vs 2024
- Median grant
- $10,000
- Total assets
- $13,378,209
- +3.9% vs 2024
- New grantees (estimate)
- 3% first-time grantees (1 of 40, 2025)
- Primary geography
- Maryland (19% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Nextgen Foundation Charitable Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 66 Deep Creek Road, Livingston, MT 59047
Phone: (410) 568-1500
Website: https://nextgen.foundation
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Nextgen Foundation Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Samaritan's Purse ($65K). Together the top 10 received $340K.
Grant Size Distribution
252 grants across all recorded years
The most common grant size was under $50K: 251 grants of 252 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grants went to recipients in multiple states. Maryland and Montana each accounted for 19% of grant dollars, followed by North Carolina (11%), Indiana (10%), and New York (7%). The listed recipients also included organizations in Massachusetts, Ohio, Florida, Virginia, and Illinois.
Grant Distribution by State
Share of 2025 grant dollars across all 40 itemized grants.
States
Cities
Is The Nextgen Foundation Charitable Trust open to new grantees?
3%
first-time grantees, 2025
In 2025, 1 of 40 grantees (3%) were first-time recipients. First grants averaged $5K; repeat grants $15K. How we count
Medians: $5K first-time, $10K repeat.
- 90% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $591K (2025) to $699K (2023). In 2025 it made 40 grants totaling $591K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Samaritan's Purse Boone, NC | Unrestricted | $65,000 |
| National Trappers Association Bedford, IN | Unrestricted | $40,000 |
| Gerstell Academy Finksburg, MD | Unrestricted | $35,066 |
| Homes for Our Troops Tauton, MA | Unrestricted | $35,000 |
| Tunnel to Towers Foundation Staten Island, NY | Unrestricted | $30,000 |
| US Sportsmen's Alliance Columbus, OH | Unrestricted | $30,000 |
| Wounded Warrior Project Jacksonville, FL | Unrestricted | $30,000 |
| NRA Foundation Fairfax, VA | Unrestricted | $25,000 |
| Ronald McDonald House Charities Baltimore, MD | Unrestricted | $25,000 |
| Turning Point USA Lemont, IL | Unrestricted | $25,000 |
Ready to take the next step with The Nextgen Foundation Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $13,378,209 | $704,453 | $604,061 | $590,566 | 40 | $590,566 | $696,658 | $660,965 |
| 2024 | $12,872,167 | $474,966 | $603,652 | $602,597 | 51 | $602,597 | $473,911 | $590,566 |
| 2023 | $11,786,585 | $493,498 | $723,963 | $699,315 | 56 | $699,315 | $481,851 | $602,597 |
| 2022 | $13,828,311 | $802,854 | $644,523 | $619,060 | 53 | $619,060 | $797,391 | $699,316 |
| 2021 | $13,789,317 | $385,925 | $680,745 | $664,582 | 52 | — | $375,562 | $619,059 |
Under IRS private-foundation payout rules, The Nextgen Foundation Charitable Trust reported a distributable amount of $661K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s website says its mission is to teach people who need help how to make a living independently. It describes supporting and operating educational institutions and training programs for disadvantaged adults, and acting as a conduit between donors and those causes.
The 2025 recipients illustrate a range of supported work. Samaritan’s Purse describes its work as providing spiritual and physical aid to people facing hardship around the world. Gerstell Academy describes itself as an educational community focused on students’ learning and development. Homes for Our Troops says it builds and donates adapted homes for severely injured post-9/11 veterans, while Wounded Warrior Project describes services for wounded, ill, and injured veterans, service members, and their families. Other recipients include organizations whose stated work includes trapping and habitat conservation, firearms safety and education, and housing for families of seriously ill children.
Grantmaking
In 2025, the foundation made 40 grants totaling $590,566. Grants ranged from $2,500 to $65,000, with a median of $10,000. All listed grants were described as unrestricted. The largest awards included $65,000 to Samaritan’s Purse, $40,000 to the National Trappers Association, $35,066 to Gerstell Academy, $35,000 to Homes for Our Troops, and $30,000 each to Tunnel to Towers Foundation, US Sportsmen’s Alliance, and Wounded Warrior Project.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Robert E. Smith as president and secretary, and Paul O. Wallace as treasurer.
The Nextgen Foundation Charitable Trust is led by Robert E. Smith, President & Secretary since 2025 (on filings since 2021); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert E. Smith
President & Secretary
President → President & Secretary, 2025
On filings since 2021
4 hrs/week
No compensation reported
Paul O. Wallace
Treasurer
On filings since 2021
0.3 hrs/week
No compensation reported
Former officers (1)
- Former: Melissa W. Smith (2021–2024) — Secretary
Data from IRS Form 990 filings, 2021–2025. "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 Nextgen Foundation Charitable Trust
How much does The Nextgen Foundation Charitable Trust give each year?
The Nextgen Foundation Charitable Trust gave $591K across 40 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $603K across 51 grants.
What is The Nextgen Foundation Charitable Trust's typical grant size?
The Nextgen Foundation Charitable Trust's median grant in 2025 was $10,000, and its average grant was $14,764, across 40 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Nextgen Foundation Charitable Trust that year got $5K on average.
Where does The Nextgen Foundation Charitable Trust give grants?
The Nextgen Foundation Charitable Trust's top state is Maryland, with 19% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Montana (19%) and North Carolina (11%). The most frequent recipient cities were Baltimore, MD (7 grants), Livingston, MT (3 grants), Bedford, IN (2 grants) and Bozeman, MT (2 grants).
Does The Nextgen Foundation Charitable Trust give general operating support?
Yes: 100% of The Nextgen Foundation Charitable Trust's 2025 grants with a stated purpose (40 of 40) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Nextgen Foundation Charitable Trust's largest grantees?
The Nextgen Foundation Charitable Trust's largest 2025 grantees include Samaritan's Purse ($65,000), National Trappers Association ($40,000) and Gerstell Academy ($35,066), according to its 2025 IRS Form 990-PF. Together they received 24% of its itemized 2025 grant dollars.
How large is The Nextgen Foundation Charitable Trust?
The Nextgen Foundation Charitable Trust reported $13.4M in total assets on its 2025 IRS Form 990-PF. It paid out $591K in qualifying distributions that year, against a required minimum of $661K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Nextgen Foundation Charitable Trust fund?
The foundation’s website says its mission is to teach people who need help how to make a living independently. It describes supporting and operating educational institutions and training programs for disadvantaged adults, and acting as a conduit between donors and those causes. See mission & focus areas ↑
How do I apply for a grant from The Nextgen Foundation Charitable Trust?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Nextgen Foundation Charitable Trust's EIN?
The Nextgen Foundation Charitable Trust's EIN (Employer Identification Number) is 31-1480932. IRS Form 990 filing data is available on this page for 2021–2025.
Does The Nextgen Foundation Charitable Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 4, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 14, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in The Nextgen Foundation Charitable Trust's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Nextgen Foundation Charitable Trust funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-nextgen-foundation-charitable-trust-morg_1b3238c896dc4b728aa0d3218e4597a7
BibTeX
@misc{grantable_311480932_2026,
author = {{Grantable}},
title = {{The Nextgen Foundation Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-nextgen-foundation-charitable-trust-morg_1b3238c896dc4b728aa0d3218e4597a7},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Nextgen Foundation Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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