Totals
- Total revenue
- $258,246
- Total expenses
- $492,141
- Contributions and grants received
- $258,246
- Grants paid
- $40,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $138,086
- Total liabilities, end of year
- $24,644
- Net assets or fund balances, end of year
- $113,442
- Program services expenses (Part IX)
- $437,296
- Management and general expenses
- $54,845
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $437,296
Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$258,246
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $40,000 · program services $40,000
-
7 · Other salaries and wages
total $36,300 · management and general $36,300
-
10 · Payroll taxes
total $42 · management and general $42
-
11c · Fees: accounting
total $4,250 · management and general $4,250
-
11g · Fees: other
total $9,000 · management and general $9,000
-
13 · Office expenses
total $2,403 · management and general $2,403
-
14 · Information technology
total $2,850 · management and general $2,850
-
24a · Other expenses: PROGRAMMING
total $397,296 · program services $397,296
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $347,337 · end of year $138,086
-
17 · Accounts payable and accrued expenses
end of year $9,000
-
19 · Deferred revenue
end of year $15,644
-
27 · Net assets without donor restrictions
beginning of year $347,337 · end of year $113,442
Mission and programs · 2024
Mission
TO CREATE OPPORTUNITIES AND CONFRONT CHALLENGES FACING FUTURE GENERATIONS IN THE AREAS OF ECONOMIC OPPORTUNITY, EDUCATION, AND GLOBAL SECURITY.
-
THE VENTURE PHILANTHROPY PLATFORM SUPPORTS, INFORMS, AND ALIGNS PRIVATE SECTOR LEADERS, AND NGOS IN A VENTURE PHILANTHROPY MODEL TO ENSURE OUR VENTURES HAVE THE GREATEST IMPACT.
Expenses $437,296 · Grants $40,000
-
WORKED WITH STRATEGIC PARTNERS TO FURTHER THE STATED MISSION OF THE GEN NEXT FOUNDATION.
As filed on the 2024 return.
Listed in Part VII
-
PAUL MAKARECHIAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
JOHN RYDELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN DUNLAP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRIAN FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DJ BURKE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
ROMAN TSUNDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PIERRE PROSPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TODD RUSTMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
WADE LAIRSEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 40
-
MICHAEL DAVIDSON
CEO
- Total calculated
- $40,000
- From this org
- $40,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$40,000
COMBINED FEDERAL CAMPAIGN #11454
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503359349301000
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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