Next Gen Personal Finance
Preselected recipients only
Next Gen Personal Finance is a private foundation in Palo Alto, California. In tax year 2024 it gave $1.1 million in 20 grants; the typical grant was $52,432 and the largest $135,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.1 million
- Number of grants20
- Typical grant$52,432
- Largest grant$135,000
- Assets$39.8 million
- New grantees13%
Giving in 2024 was down from $2.1 million the year before.
13% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2.1 million | 24 | $26.9 million |
| 2024 | $1.1 million | 20 | $39.8 million |
How to apply
Next Gen Personal Finance says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Next Gen Personal Finance funds
Where it gives
Its grants went to recipients in 12 states, the most to North Carolina.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 2 | $257,171 |
| California | 5 | $256,000 |
| New York | 1 | $135,000 |
| Michigan | 2 | $87,716 |
| Georgia | 1 | $83,000 |
| Pennsylvania | 2 | $70,590 |
| Wisconsin | 2 | $60,588 |
| Colorado | 1 | $60,358 |
| Florida | 1 | $59,863 |
| Nevada | 1 | $45,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Fund for Public Schools | Support financial education in district | $135,000 |
| Guilford County Schools | Support financial education in district | $132,083 |
| San Francisco Unified School District | Support financial education in district | $130,000 |
| Charlotte-Mecklenburg School District | Support financial education in district | $125,088 |
| Florida Atlantic University | To support teacher professional development in the state | $83,000 |
| Detroit Public Schools Community | Support financial education in district | $80,216 |
| Philadelphia Financial Scholars | Support financial education in district | $67,500 |
| Individual | Support financial education in district | $62,000 |
| Denver Public Schools | Support financial education in district | $60,358 |
| School Board of Miami-Dade Public Schools | Support financial education in district | $59,863 |
| The Public Education Foundation | Support financial education in district | $45,000 |
| Wisconsin Department of Public Instruction | Support rollout of personal finance guarantee | $37,500 |
| Individual | $33,000 | |
| Individual | $27,000 | |
| Milwaukee Public Schools | Support financial education in district | $23,088 |
| Massachusetts Council for Economic Education | To support teacher professional development in the state | $17,500 |
| Michigan Council for Economic Education | To support teacher professional development in the state | $7,500 |
| Individual | $4,000 | |
| Allegheny Intermediate Unit | Support educators by helping them earn continuing education credits | $3,090 |
| New Hampshire Jumpstart Coalition | To support their annual pd conference | $2,650 |
Officers and trustees
- Timothy Ranzetta
- David Weill
- Jessica Endlich
Questions people ask
Does Next Gen Personal Finance accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Next Gen Personal Finance give?
$1.1 million in tax year 2024, across 20 grants, with a typical grant of $52,432.
Who runs Next Gen Personal Finance?
Its 2024 filing lists Timothy Ranzetta (President), David Weill (Secretary and Treasurer) and Jessica Endlich (Co-Founder).
What does Next Gen Personal Finance fund?
Based on its grants, mainly education.