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California · Nonprofit

NEXTGEN EDUCATION FUND

NEXTGEN EDUCATION FUND (California) receives grants from 55 organizations whose IRS filings report $30,153,915 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,205,890). 22 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$20M
Revenue FY2024
55
Funders on record
$30M
Grants received
$6.4M
Net assets
22/55 repeat funderspeak grant-dependency 53%

Against its field

NEXTGEN EDUCATION FUND has grown faster than three-quarters of the 152 civil rights nonprofits its size.

Operating margin−19% · bottom quartile
Months of reserve3.0mo · below the median
Revenue growth (annualized)203% · top quartile

this organization peer median middle 50% of peers· 152 civil rights nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($725k) Expenses 100 ($472k) Net assets 100 ($253k)2022 Revenue 957 ($6.9M) Expenses 190 ($899k) Net assets 2491 ($6.3M)2023 Revenue 1773 ($13M) Expenses 1919 ($9.1M) Net assets 4030 ($10M)2024 Revenue 2788 ($20M) Expenses 5071 ($24M) Net assets 2548 ($6.4M)
2021202220232024
Revenue (2788)Expenses (5071)Net assets (2548)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of NEXTGEN EDUCATION FUND’s revenue is contributions — more donation-reliant than the typical peer (96% for the typical peer).

This organization
Typical peer · 160 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$253k
21
$6.0M
22
$3.8M
23
$3.7M
24
3.0
months of
reserve
02Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 13 funders to 23 funders, grant income rose $2.6M → $6.8M.

22 of 55 of your funders are donor-advised or pass-through sponsors (tagged DAF)59% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.7M from one payer (the payer shares this organization's board, largest Nextgen Climate America Inc). These are real filings, and they are not money NEXTGEN EDUCATION FUND raised.

From the IRS filings of NEXTGEN EDUCATION FUND’s funders (the co-funder graph). Top 30 of 55 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEXTGEN EDUCATION FUND has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEXTGEN EDUCATION FUND.

31%
largest funder
50%
top three
~8
effective funders

Largest funder’s share by year: 2022 50% · 2023 44%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

59% of NEXTGEN EDUCATION FUND's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $12M that is directly attributable, 51% of it comes from funders outside California, across 12 states.

WA
MN
IL
NY
PA
NJ
CA
CO
MD
DE
DC
TX

In-state vs out-of-state, by year

22
23
California out of state home

Funder states come from each funder’s own filing. $18M arriving through sponsors registered in 10 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 55 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like NEXTGEN EDUCATION FUND

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 2%Fundraising 4%

Governance

8
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 6 states

WI
MI
NY
MA
CA
FL

Part of a family of 2 related entities

  • Nextgen Climate Action · exempt
  • Nextgen Climate Action Committee · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEXTGEN EDUCATION FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEXTGEN EDUCATION FUND?
NEXTGEN EDUCATION FUND (California) receives grants from 55 organizations whose IRS filings report $30,153,915 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,205,890). 22 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NEXTGEN EDUCATION FUND have?
IRS filings report 55 organizations giving $30,153,915 in grants to NEXTGEN EDUCATION FUND, 22 of which have funded it in more than one year.
Who is the largest funder of NEXTGEN EDUCATION FUND?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $9,205,890 in grants. The full list of funders is on this page.
How can an organization like NEXTGEN EDUCATION FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 55funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing