2023-10-16T11:13:07-05:00 2022-12-31 330310569 HASKELL & WHITE LLP 300 SPECTRUM CENTER DR STE 300 IRVINE CA 92618 990 2022-01-01 271276227 THE GEN NEXT FOUNDATION INC GENN 8777704698 2646 DUPONT DRIVE STE 60 507 IRVINE CA 92612 MICHAEL DAVIDSON CEO 8777704698 2023-10-13 1 MICHAEL DAVIDSON 999009999 0 RICK SMETANKA P01677376 9494506200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL DAVIDSON 2646 DUPONT DRIVE STE 60 507 IRVINE CA 92612 1078028 0 X WWW.GENNEXTFOUNDATION.ORG X 2009 CA TO CREATE OPPORTUNITIES FOR AND CONFRONT CHALLENGES FACING FUTURE GENERATIONS IN THE AREAS OF ECONOMIC OPPORTUNITY, EDUCATION, AND GLOBAL SECURITY. 6 5 3 0 0 0 1489143 1060700 0 0 23962 15720 30325 1608 1543430 1078028 0 6388788 0 0 628149 763796 0 0 80033 818164 713066 1446313 7865650 97117 -6787622 7200762 414827 4725 6412 7196037 408415 TO CREATE OPPORTUNITIES AND CONFRONT CHALLENGES FACING FUTURE GENERATIONS IN THE AREAS OF ECONOMIC OPPORTUNITY, EDUCATION, AND GLOBAL SECURITY. 0 0 1694582 546855 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. 5841933 5841933 WORKED WITH STRATEGIC PARTNERS TO FURTHER THE STATED MISSION OF THE GEN NEXT FOUNDATION. 7536515 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 CA X TERESA PERSON 9093740572 2646 DUPONT DRIVE STE 60 507 IRVINE CA 92612 PAUL MAKARECHIAN CHAIRMAN 1.00 X X 0 0 0 DJ BURKE SECRETARY/DIRECTOR 1.00 X X 0 0 0 TODD RUSTMAN TREASURER/DIRECTOR 1.00 X X 0 0 0 JOHN RYDELL DIRECTOR 1.00 X 0 0 0 KEVIN DUNLAP DIRECTOR 1.00 X 0 0 0 BRIAN FERGUSON DIRECTOR 1.00 X 0 0 0 ROMAN TSUNDER DIRECTOR 1.00 X 0 0 0 PIERRE PROSPER DIRECTOR 1.00 X 0 0 0 MICHAEL DAVIDSON CEO 25.00 X 0 0 100000 WADE LAIRSEN PRESIDENT 40.00 X 195000 0 0 195000 0 100000 1 0 1 0 0 1060700 1060700 15720 15720 MISCELLANEOUS REVENUE 459900 1608 1608 1608 1078028 1608 0 15720 6388788 6388788 295000 236000 29500 29500 384920 310183 57703 17034 83876 67378 10757 5741 175090 119574 27758 27758 26481 26481 110757 107109 3648 6267 6267 68827 68827 10551 10551 38356 38356 50655 50655 RETREATS 210404 210404 TEAM DEVELOPMENT 13877 13877 LEADERSHIP PROGRAM COST 1801 1801 7865650 7536515 249102 80033 86004 0 6964758 264827 100000 150000 50000 79248 79248 0 0 7200762 414827 4725 6412 4725 6412 X 7196037 408415 7196037 408415 7200762 414827 -6787622 0 X 0 0 0 X 1096446 1000752 560826 1489143 1060700 5207867 1096446 1000752 560826 1489143 1060700 5207867 1778210 3429657 200 466 1301429 23962 15720 1341777 30325 1608 31933 6581577 0.52110 0.50850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79248 79248 0 0 1 WALKING SOFTER 970 W BROADWAY SUITE E-198 JACKSON WY 83001 853237904 3 5341933 0 MITIGATE THE RISKS OF CLIMATE CHANGE CLIMATE SOLUTIONS 1402 THIRD AAVE SUITE 1200 SEATTLE WA 98101 911123302 3 50000 0 MITIGATE THE RISKS OF CLIMATE CHANGE CRES FORUM 1201 PENNSYLVANIA AVE NW SUITE 200 WASHINGTON DC 20004 472999520 3 150000 0 MITIGATE THE RISKS OF CLIMATE CHANGE DEPLOYUS 177 HUNTINGTON AVE SUITE 1703 PMB 74752 BOSTON MA 02115 472818525 3 150000 0 MITIGATE THE RISKS OF CLIMATE CHANGE GEORGE MASON UNIVERSITY FOUNDATION 4400 UNIVERSITY DR MS 1A3 FAIRFAX VA 22030 541603842 3 150000 0 MITIGATE THE RISKS OF CLIMATE CHANGE GEN NEXT 2646 DUPONT DR STE 60 507 IRVINE CA 92612 262522432 4 546855 0 GENERAL SUPPORT 5 PART I, LINE 2: THE FOUNDATION WILL SELECT PROSPECTIVE VENTURE PARTNERS BASED ON THE OVERALL MISSION OF THE POTENTIAL PARTNER ORGANIZATIONS ALIGNMENT WITH THE MISSION, VISION AND VALUES OF GEN NEXT. ONCE SELECTED THERE IS A VETTING PROCESS THAT IS FOLLOWED TO ENSURE OUTCOMES MEET BOTH ORGANIZATIONS EXPECTATIONS. INDIVIDUAL AGREEMENTS ARE SIGNED WITH EACH ORGANIZATION TO PROVIDE OVERSIGHT OF THE USAGE OF THE FUNDS. X X 0 0 0 0 0 0 0 0 0 WADE LAIRSEN PRESIDENT 195000 0 0 0 0 0 0 0 0 0 195000 0 0 0 MICHAEL DAVIDSON CEO PROMISSORY NOTE X 250000 50000 0 1 0 50000 FUTURE BACK INC CEO 72600 CEO SERVICES 0 MICHAEL DAVIDSON CEO 100000 LOAN FORGIVENESS 0 FORM 990, PART VI, SECTION A, LINE 3 THE CEO POSITION IS CONTRACTED OUT TO FUTURE BACK, INC. MR. MICHAEL DAVIDSON IS THE CONTROL PERSON OF FUTURE BACK, INC. SEE SCHEDULE L, PART IV FOR REQUIRED DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS EMAILED TO THE PRINCIPAL FINANCIAL OFFICER FOR REVIEW. THIS PERSON PERFORMS A REVIEW, DISCUSSES AMONGST THE FINANCE COMMITTEE, AND INFORMS THE RETURN PREPARER OF ANY CHANGES. A COPY OF THE FINAL DRAFT OF THE FORM 990 IS EMAILED TO THE CHIEF EXECUTIVE OFFICER FOR APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT COMMITTEE WHICH ROUTINELY REVIEWS OUTSIDE ACTIVITY BY IDENTIFYING ACTIVITIES WHICH MAY PRESENT A CONFLICT OF INTEREST. IF THERE IS AN ISSUE, THE MATTER WILL BE HANDLED ACCORDING TO THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 WAGE ADJUSTMENTS/BONUS GOALS ARE PRESENTED TO THE FINANCE COMMITEE FOR APPROVAL & INCLUSION IN THE BUDGET FOR THE FISCAL YEAR. THE FINANCE COMMITTEE REVIEWS PERFORMANCE AGAINST GOALS, VALIDATES, & RECOMMENDS COMPENSATION TO THE BOARD FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE ON GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST.