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Foundation Dossiers

Illinois · Private foundation

The Next Foundation Inc

Its FY2023 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$332k
Granted FY2020
3
Grants FY2020
3
Organizations funded FY2020
Read the full brief
Median grant, FY2020
$15,000
Largest grant, FY2020
$310,000
States reached, FY2020
2
Applications
Preselected organizations only
Per its most recent filing; check its own site

Top grantees

Largest recipients by total granted, FY2020 to FY2020, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Judson University a Baptist Institution$310,00011%
Colgate University$7,00010%

Plus 1 recipient with no EIN on record ($15k), not named here.

Compare The Next Foundation Inc with peer funders

About The Next Foundation Inc

How much does The Next Foundation Inc give?
The Next Foundation Inc reported 3 grants totaling $332,000 in its FY2020 IRS filing.
What does The Next Foundation Inc fund?
By grant dollars over FY2020 to FY2020, its largest causes are Education (95%), Recreation & Sports (5%).
Who are The Next Foundation Inc's largest grantees?
By total granted over FY2020 to FY2020: Judson University a Baptist Institution ($310k), Colgate University ($7k).
Does The Next Foundation Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Where is The Next Foundation Inc based?
The Next Foundation Inc is based in IL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 3 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2020, released 2020. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2023) is on record and reports no grant expense, so the figures above are from FY2020, the most recent year this funder made grants.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home