Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
NEXT GEN PERSONAL FINANCE
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 218
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALO ALTO, CA94302
A Employer identification number

82-3648278
B Telephone number (see instructions)

(650) 218-8408
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$36,239,691J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 7,395,325
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 372,834 373,984 373,984
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 451,844
b Gross sales price for all assets on line 6a 3,147,600
7 Capital gain net income (from Part IV, line 2)... 2,688,785
8 Net short-term capital gain......... 653
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 0 -1,985 -1,985
12 Total. Add lines 1 through 11........ 8,220,003 3,060,784 372,652
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 2,123,858 0 0 2,123,858
15 Pension plans, employee benefits....... 129,045 0 0 129,045
16a Legal fees (attach schedule)......... Click to see attachment 6,885 0 0 6,885
b Accounting fees (attach schedule)....... Click to see attachment 79,995 11,999 11,999 67,996
c Other professional fees (attach schedule).... Click to see attachment 586,624 0 0 586,624
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 177,026 8,020 8,020 160,852
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,963 0 0
20 Occupancy.............. 214,133 0 0 214,133
21 Travel, conferences, and meetings....... 12,248 0 0 12,248
22 Printing and publications.......... 695 0 0 695
23 Other expenses (attach schedule)....... Click to see attachment 1,988,555 39,170 39,170 1,816,181
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,324,027 59,189 59,189 5,118,517
25 Contributions, gifts, grants paid....... 633,074 633,074
26 Total expenses and disbursements. Add lines 24 and 25 5,957,101 59,189 59,189 5,751,591
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,262,902
b Net investment income (if negative, enter -0-) 3,001,595
c Adjusted net income (if negative, enter -0-)... 313,463
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 758,436 945,431 945,431
2 Savings and temporary cash investments......... 3,001,653 10,396,551 10,396,551
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet85,000
Less: allowance for doubtful accounts bullet0 100,000 85,000 85,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 117,816 77,403 77,403
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 25,945,424 Click to see attachment24,063,920 24,063,920
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 418,364 Click to see attachment655,154 655,154
14 Land, buildings, and equipment: basis bullet30,919
Less: accumulated depreciation (attach schedule) bullet14,687 21,195 Click to see attachment16,232 16,232
15 Other assets (describe bullet) Click to see attachment30,000 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,392,888 36,239,691 36,239,691
Liabilities 17 Accounts payable and accrued expenses.......... 126,441 230,117
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment32,820 Click to see attachment35,642
23 Total liabilities (add lines 17 through 22)......... 159,261 265,759
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 30,233,627 35,973,932
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 30,233,627 35,973,932
30 Total liabilities and net assets/fund balances (see instructions). 30,392,888 36,239,691
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
30,233,627
2
Enter amount from Part I, line 27a .....................
2
2,262,902
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,477,403
4
Add lines 1, 2, and 3 ..........................
4
35,973,932
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
35,973,932
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a REACH LP - ST P 2021-01-01 2021-12-31
b REACH II, LP - LT P 2021-01-01 2021-12-31
c REACH LP - LT P 2020-01-01 2021-12-31
d SONEN GLOBAL P 2021-01-01 2021-12-31
e VANGUARD LT D 2020-01-01 2021-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 653     653
b 18,404     18,404
c 181,121     181,121
d 6,987     6,987
e 2,940,435   458,815 2,481,620
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       653
b       18,404
c       181,121
d       6,987
e       2,481,620
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,688,785
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 653
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 41,722
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 41,722
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 13,967
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 19,467
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 22,255
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.NGPF.COM
    14
    The books are in care ofbulletTIMOTHY RANZETTA Telephone no.bullet (650) 218-8408

    Located atbulletPO BOX 218PALO ALTOCA ZIP+4bullet94302
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    TIMOTHY RANZETTA PRESIDENT
    60.00     		0 0 0
    PO BOX 218
    PALO ALTO,CA94302
    DAVID WEILL TREASURER
    0.25     		0 0 0
    PO BOX 218
    PALO ALTO,CA94302
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    JESSICA ENDLICH CO-FOUNDER
    40.00     		257,065 12,823 0
    PO BOX 218
    PALO ALTO,CA94302
    BRIAN PAGE SR DIR OF PARTNERS &
    40.00     		181,717 7,139 0
    PO BOX 218
    PALO ALTO,CA94302
    YANELY ESPINAL DIRECTOR OF EDUCATIO
    40.00     		169,598 8,240 0
    PO BOX 218
    PALO ALTO,CA94302
    CHRISTINE YOO DIRECTOR OF OPERATIO
    40.00     		153,689 7,444 0
    PO BOX 218
    PALO ALTO,CA94302
    CHRISTIAN SHERILL DIRECTOR OF BUS DEV
    40.00     		138,765 6,673 0
    PO BOX 218
    PALO ALTO,CA94302
    Total number of other employees paid over $50,000...................bullet 12
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    JUMP KICK LLC WEB SERVICES 74,790
    700 LAVACA STREET SUITE 1401
    AUSTIN,TX78701
    MCKINNEY GAME DEVELOPMENT 50,000
    4335 WEST ADAMS BOULEVARD
    LOS ANGELES,CA90018
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 TO REVOLUTIONIZE THE TEACHING OF PERSONAL FINANCE IN ALL SCHOOLS IN ORDER TO IMPROVE THE FINANCIAL LIVES OF THE NEXT GENERATION OF AMERICANS. AS OF 2022, NGPF'S CURRICULUM AND PROFESSIONAL DEVELOPMENT EXTENDS TO 67,000 MIDDLE AND HIGH SCHOOL TEACHERS REACHING MORE THAN 3 MILLION STUDENTS. DISCRETIONARY GRANTS ARE GIVEN TO ORGANIZATIONS WITH SIMILAR MISSIONS TO NEXT GEN PERSONAL FINANCE. 3,954,224
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    22,079,109
    b
    Average of monthly cash balances.......................
    1b
    7,970,298
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,376,590
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,425,997
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    31,425,997
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    471,390
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    30,954,607
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,547,730
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
     
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
    313,463 162,061 0 0 475,524
    b 85% (0.85) of line 2a ......... 266,444 137,752 0 0 404,195
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		5,751,591 4,681,156 0 0 10,432,747
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		633,074 801,828 0 0 1,434,902
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		5,118,517 3,879,328 0 0 8,997,845
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		1,031,820 815,120 0 0 1,846,940
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    TIMOTHY RANZETTA
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    MERRIMACK VALLEY HIGH SCHOOL
    106 VILLAGE STREET
    PENACOOK,NH03303     		  GOV GOLD STANDARD CHALLENGE 10,000
    LUCY GARRETT BECKHAM HIGH SCHOOL
    1560 MATHIS FERRY ROAD
    MOUNT PLEASANT,SC29464     		  GOV GOLD STANDARD CHALLENGE 10,000
    UNIVERSITY OF SOUTHERN MAINE PD
    ABROMSON CENTER PO BOX 9300
    PORTLAND,ME04104     		  GOV STATE PD CREDITS 1,035
    SAHRA JAMGOTCHIAN
    5016 50TH WAY
    WEST PALM BEACH,FL33409     		  GOV STATE PD CREDITS 1,000
    PALM BEACH GARDENS HIGH SCHOOL
    4245 HOLLY DRIVE
    PALM BEACH GARDENS,FL33410     		  GOV FEE GRANT 5,000
    KENTUCKY JUMPSTART COALITION
    PO BOX 4798
    FRANKFORT,KY40604     		  GOV STATE PD CREDITS 2,500
    MAINE TOWNSHIP HIGH SCHOOL DISTRICT 207
    2601 DEMPSTER STREET
    PARK RIDGE,IL60068     		  GOV GOLD STANDARD CHALLENGE 30,000
    ORCHARD PARK CENTRAL SCHOOL DISTRICT
    4040 BAKER ROAD
    ORCHARD PARK,NY14127     		  GOV GOLD STANDARD CHALLENGE 10,000
    ECONOMICS CENTER
    225 CALHOUN STREET SUITE 370
    CINCINNATI,OH45219     		  GOV STATE PD CREDITS 1,250
    TURKEY VALLEY SCHOOL
    3219 STATE HIGHWAY 24
    JACKSON JUNCTION,IA52171     		  GOV GOLD STANDARD CHALLENGE 10,000
    SOUTHERN COLUMBIA HIGH SCHOOL
    800 SOUTHERN DRIVE
    CATAWISSA,PA17820     		  GOV GOLD STANDARD CHALLENGE 10,000
    USD 108
    115 NORTH D STREET
    WASHINGTON,KS66968     		  GOV GOLD STANDARD CHALLENGE 10,000
    MATER DEI PREP HIGH SCHOOL
    538 CHURCH STREET
    MIDDLETOWN,NJ07748     		  PC GOLD STANDARD CHALLENGE 10,000
    THE SYCAMORE SCHOOL
    4600 N FAIRFAX DRIVE SUITE 300
    ARLINGTON,VA22203     		  PC GOLD STANDARD CHALLENGE 10,000
    CHARLOTTE-MECKLENBERG SCHOOLS
    1810 MATTHEWS-MINT HILL ROAD
    MATTHEWS,NC28105     		  GOV GOLD STANDARD CHALLENGE 30,000
    MAPLE RUN UNIFIED SCHOOL DISTRICT
    71 SOUTH MAIN STREET
    ST ALBANS,VT05478     		  GOV GOLD STANDARD CHALLENGE 10,000
    ST HENRY SCHOOLS
    391 E COLUMBUS STREET
    ST HENRY,OH45883     		  GOV GOLD STANDARD CHALLENGE 10,000
    PINNACLE CLASSICAL ACADEMY
    2401 JOES LAKE ROAD
    SHELBY,NC28152     		  GOV GOLD STANDARD CHALLENGE 10,000
    DONORSCHOOSEORG
    PO BOX 7247
    PHILADELPHIA,PA19170     		  PC TO PROVIDE A CREDIT TO TEACHERS FOR CLASSROOM SUPPLIES 100,000
    MONESSEN HIGH SCHOOL
    1245 STATE ROAD
    MONESSEN,PA15062     		  GOV SILVER STANDARD CHALLENGE 1,000
    RANDALL K COOPER HIGH SCHOOL
    2855 LONGBRANCH ROAD
    UNION,KY41091     		  GOV SILVER STANDARD CHALLENGE 1,000
    BRIGHTON HIGH SCHOOL
    270 S 8TH AVENUE
    BRIGHTON,CO80601     		  GOV SILVER STANDARD CHALLENGE 1,000
    ALMONT COMMUNITY SCHOOLS
    4701 HOWLAND ROAD
    ALMONT,MI48003     		  GOV SILVER STANDARD CHALLENGE 1,000
    ALEXIS I DUPONT HIGH SCHOOL
    50 HILLSIDE ROAD
    WILMINGTON,DE19807     		  GOV SILVER STANDARD CHALLENGE 1,000
    WOODBRIDGE HIGH SCHOOL
    14712 WOODBRIDGE ROAD
    GREENWOOD,DE19950     		  GOV SILVER STANDARD CHALLENGE 1,000
    DEFOREST AREA HIGH SCHOOL
    815 JEFFERSON STREET
    DEFOREST,WI53532     		  GOV SILVER STANDARD CHALLENGE 1,000
    PIERCE HIGH SCHOOL
    960 WILDWOOD ROAD
    ARBUCKLE,CA95912     		  GOV SILVER STANDARD CHALLENGE 1,000
    CAB CALLOWAY SCHOOL OF THE ARTS
    100 N DUPONT ROAD
    WILMINGTON,DE19807     		  GOV SILVER STANDARD CHALLENGE 1,000
    READING HIGH SCHOOL
    801 N 13TH STREET
    READING,PA19604     		  GOV SILVER STANDARD CHALLENGE 1,000
    THREE FORKS SCHOOLS
    212 E NEAL STREET
    THREE FORKS,MT59752     		  GOV SILVER STANDARD CHALLENGE 1,000
    SPECTRUM CHARTER SCHOOL INC
    4369 NORTHERN PIKE
    MONROEVILLE,PA15146     		  GOV SILVER STANDARD CHALLENGE 1,000
    TYRONE AREA SCHOOL DISTRICT
    1001 CLAY AVENUE
    TYRONE,PA16686     		  GOV GOLD STANDARD CHALLENGE 10,000
    BRANDYWINE HEIGHTS AREA SCHOOL DISTRICT
    200 WEST WEIS STREET
    TOPTON,PA19562     		  GOV GOLD STANDARD CHALLENGE 10,000
    BREATHITT COUNTY BOARD OF EDUCATION
    420 COURT STREET
    JACKSON,KY41339     		  GOV GOLD STANDARD CHALLENGE 10,000
    CEDAR BLUFFS PUBLIC SCHOOL
    110 E MAIN STREET
    CEDAR BLUFFS,NE68015     		  GOV GOLD STANDARD CHALLENGE 2,500
    KISKI AREA SCHOOL DISTRICT
    200 POPLAR STREET
    VANDERGRIFT,PA15690     		  GOV GOLD STANDARD CHALLENGE 10,000
    DESMOND SANDOVAL
    PO BOX 435
    LEADVILLE,CO80461     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    AMANDA HERSHKIN
    22 PINE VALLEY ROAD
    LIVINGSTON,NJ07039     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    ANTONY SOUSS
    1022 BRUCE STREET
    MARINE CITY,MI48039     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    AMELIA CAMERON
    11158 STATE ROUTE 38
    MILFORD CENTER,OH43045     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    ALPHONSO FALTZ JR
    202 SAINT JUSTIN DRIVE
    ABERDEEN,MD21001     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    KAILY KOCH
    1141 GOODSTEIN DRIVE
    CASPER,WY82601     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    EKYOCI LUBAMBO
    29 FRANKLIN SQUARE APARTMENT D
    BURLINGTON,VT05408     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    MACY WILSON
    1065 PARK WEST DRIVE
    GLENWOOD SPRINGS,CO81601     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    JAMIE ATCHINSON
    116 STOWE STREET
    WATERBURY,VT05676     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    ALLEGHENY INTERMEDIATE UNIT
    475 EAST WATERFRONT DRIVE
    HOMESTEAD,PA15120     		  GOV STATE PD CREDITS 479
    STUDENT LEARNING CHARTER SCHOOL AT PENNSBURY
    345 LAKESIDE DRIVE
    LEVITTOWN,PA19054     		  GOV GOLD STANDARD CHALLENGE 2,500
    GATEWAY CHRISTIAN SCHOOL
    1900 N SYCAMORE
    ROSWELL,NM88201     		  PC GOLD STANDARD CHALLENGE 2,500
    THE CHICAGO HIGH SCHOOL FOR THE ARTS
    2714 W AUGUSTA BOULEVARD
    CHICAGO,IL60622     		  GOV SILVER STANDARD CHALLENGE 1,000
    LOCKWOOD SCHOOL DISTRICT #26
    1932 US HWY 87E
    BILLINGS,MT59101     		  GOV SILVER STANDARD CHALLENGE 1,000
    THOMAS CURRIER
    81 EAST STREET
    MANSFIELD,MA02048     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    SOPHIA POSADA
    10 JOHN STREET
    NEEDHAM,MA02494     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    MADISON LONERGAN
    90 GROVE AVENUE
    NORTH KINGSTOWN,RI02852     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    JADEN DEAL
    1106 LEE STREET
    CULPEPER,VA22701     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    GLORIA TEIGLAND
    417 TURNPIKE ROAD
    GOLDEN VALLEY,MN55416     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    SALONI JAIN
    4 HOWLAND FARM ROAD
    EAST GREENWICH,RI02818     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    LUCY VITALI
    13086 SW WORCHESTER PL
    TIGARD,OR97223     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    ALISON DENAMUR
    N11934 POST LAKE DRIVE
    ELCHO,WI54428     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    SAHIL SHUKLA
    16245 NE 12TH COURT UNIT G-88
    BELLEVUE,WA98008     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    NICHOLAS KERKHOFF
    932 WHITE PINE AVENUE
    DE PERE,WI54115     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    BROOKE ARANDA
    4015 ROAD 106
    PASCO,WA99301     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    CARA SAMUELSON
    1950 TABOR AVENUE
    MANSON,IA50563     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    KYLE BATTANI
    7405 OAKWOOD DRIVE
    URBANDALE,IA50322     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    CONNOR WOODS
    370 DOCK ROAD
    WEST CREEK,NJ08092     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    UTAH BEAN
    57 ELM STREET
    BETHEL,ME04217     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    KENDRA JOHNSON
    303 W RAMONA STREET
    HARTFORD,SD57033     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    KINSIE HUFFORD
    8100 W 22ND AVENUE
    LAKEWOOD,CO80214     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    KASSY URBINA
    28 CROSSTIMBERS STREET
    HOUSTON,TX77022     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    SAMUEL WHITE
    1188 NW 22ND STREET
    ALBANY,OR97321     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    DANIEL GUTIERREZ
    386 SYCAMORE WAY DRIVE SE
    GRAND RAPIDS,MI49546     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    MORGAN COUNTY SCHOOL DISTRICT RE-3
    715 WEST PLATTE AVENUE
    FORT MORGAN,CO80701     		  GOV GOLD STANDARD CHALLENGE 10,000
    WEST MARSHALL HIGH SCHOOL SOCIAL STUDIES PROGRAM
    605 3RD STREET NW
    STATE CENTER,IA50247     		  GOV GOLD STANDARD CHALLENGE 5,000
    CAMBRIDGE HIGH SCHOOL
    1401 DEERPATH DRIVE
    CAMBRIDGE,OH43725     		  GOV SILVER STANDARD CHALLENGE 1,000
    DOVER SHERBORN HIGH SCHOOL
    137 FARM ROAD
    DOVER,MA02030     		  GOV SILVER STANDARD CHALLENGE 1,000
    PIEDMONT HIGH SCHOOL
    800 MAGNOLIA AVENUE
    PIEDMONT,CA94611     		  GOV SILVER STANDARD CHALLENGE 1,000
    ELM CREEK PUBLIC SCHOOL
    230 E CALKINS AVENUE
    ELM CREEK,NE68836     		  GOV SILVER STANDARD CHALLENGE 1,000
    FAIRHILL SCHOOL
    16150 PRESTON ROAD
    DALLAS,TX75248     		  GOV GOLD STANDARD CHALLENGE 2,500
    ISD 2169
    2420 28TH STREET
    SLAYTON,MN56172     		  GOV GOLD STANDARD CHALLENGE 10,000
    UNION COUNTY BOARD OF EDUCATION
    4500 US HIGHWAY 60 WEST
    MORGANFIELD,KY42437     		  GOV GOLD STANDARD CHALLENGE 5,000
    NASHUA SCHOOL FCS
    PO BOX 170
    NASHUA,MT59248     		  GOV GOLD STANDARD CHALLENGE 2,500
    UNIVERSAL SCHOOL
    7350 W 93RD STREET
    BRIDGEVIEW,IL60455     		  PC GOLD STANDARD CHALLENGE 2,500
    BOYLE COUNTY BOARD OF EDUCATION
    101 CITATION DRIVE
    DANVILLE,KY40422     		  GOV GOLD STANDARD CHALLENGE 5,000
    MILWAUKEE PUBLIC SCHOOLS
    5225 W VLIET ST
    MILWAUKEE,WI53208     		  GOV FEE GRANT 57,150
    PUBLIC EDUCATION FOUNDATION
    4350 S MARYLAND PARKWAY
    LAS VEGAS,NV89119     		  GOV FEE GRANT 40,000
    HARRIMAN HOUSE LTD
    3 VICEROY COURT
    PETERSFIELD   GU32 3LJ
    UK     		  GOV CLASSROOM GRANT 8,579
    DELL INC
    2215 CHADWICK STREET ROOM 202
    TEMPLE HILLS,MD20748     		  GOV FEE GRANT 1,030
    SHREWSBURY PUBLIC SCHOOLS
    100 MAPLE AVENUE
    SHREWSBURY,MA01545     		  GOV SILVER STANDARD CHALLENGE 1,000
    WESTBY SCHOOL
    PO BOX 109
    WESTBY,MT59275     		  GOV GOLD STANDARD CHALLENGE 2,500
    HILLCREST ACADEMY
    1421 540TH STREET SW
    KALONA,IA52247     		  PC GOLD STANDARD CHALLENGE 2,500
    APPLECOM
    736 E COLLEGE STREET
    LAKE CHARLES,LA70607     		  GOV CLASSROOM GRANT 3,481
    SCHOOL BOARD OF MIAMI-DADE COUNTY
    1450 NE 2ND AVENUE SUITE 615
    MIAMI,FL33132     		  GOV FEE GRANT 77,570
    ST EDMOND CATHOLIC SCHOOL
    2321 6TH AVENUE
    FORT DODGE,IA50501     		  PC GOLD STANDARD CHALLENGE 2,500
    MANITOWOC LUTHERAN HIGH SCHOOL
    4045 LANCER CIRCLE
    MANITOWOC,WI54220     		  PC GOLD STANDARD CHALLENGE 2,500
    PLAYERS PHILANTHROPY FUNDTHE PROSPARITY PROJECT
    1122 KENILWORTH DRIVE SUITE 201
    TOWSON,MD21204     		  PC PROSPARITY PROJECT 5,000
    DANIELLE KNIGHT
    9 COLONEL CONKLIN DRIVE
    STONY POINT,NY10980     		NONE I PERSONAL FINANCE STUDENT OF THE YEAR 500
    INFINITY PCS LLC
    188 E 64TH STREET APARTMENT 3501
    NEW YORK,NY10065     		  GOV GOLD STANDARD CHALLENGE 10,000
    ELLINGTON HIGH SCHOOL
    47 MAIN STREET
    ELLINGTON,CT06029     		  GOV GOLD STANDARD CHALLENGE 10,000
    MONTOURSVILLE AREA HIGH SCHOOL
    50 NORTH ARCH STREET
    MONTOURSVILLE,PA17754     		  GOV GOLD STANDARD CHALLENGE 5,000
    Total .................................bullet 3a 633,074
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 451,844  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 824,678 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    824,678
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    NEXT GEN PERSONAL FINANCE
     
    Employer identification number

    82-3648278
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    NEXT GEN PERSONAL FINANCE
          		Employer identification number
    82-3648278
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    TIMOTHY RANZETTA
     
    PO BOX 218
     
    PALO ALTO, CA94302

    		$ 7,394,825


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    NEXT GEN PERSONAL FINANCE
          		Employer identification number

    82-3648278
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 PUBLICLY TRADED SECURITIES $ 2,394,825 2021-10-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    NEXT GEN PERSONAL FINANCE
          		Employer identification number

    82-3648278
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 79,995 11,999 11,999 67,996

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    C&E - COMPUTER & EQUIPMENT 2019-01-01 5,849 2,339 SL 5.000000000000 1,170 0 1,170  
    DINNING ROOM TABLES 2019-01-01 1,037 415 SL 5.000000000000 207 0 207  
    OFFICE FURNITURE 2019-01-01 2,973 1,189 SL 5.000000000000 595 0 595  
    10 STANDING DESKS 2019-01-01 4,253 1,701 SL 5.000000000000 851 0 851  
    ADVANTAGE FLOORING 2019-01-01 4,694 939 SL 10.000000000000 469 0 469  
    PAINTING & ELECTRIC 2019-01-01 4,147 829 SL 10.000000000000 415 0 415  
    HOT WATER DISPENSER 2019-01-01 435 290 SL 3.000000000000 145 0 145  
    FLOORING FOR OFFICE 2019-01-01 3,958 792 SL 10.000000000000 396 0 396  
    NEW LAPTOP 2019-04-10 2,299 805 SL 5.000000000000 460 0 460  
    DESKTOP COMPUTER 2019-05-14 1,274 425 SL 5.000000000000 255 0 255  

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADOBE INC 199,038 199,038
    AMAZON.COM INC 536,829 536,829
    VANGUARD SMALL CAP GROWTH ETF VBK 993,074 993,074
    VANGUARD SMALL CAP VALUE ETF VBR 3,641,712 3,641,712
    VANGUARD TOTAL INTL STOCK INDEX VXUS 4,449,515 4,449,515
    VANGUARD TOTAL STOCK MARKET ETF VTI 13,440,334 13,440,334
    SALESFORCE.COM INC 171,284 171,284
    SUMO LOGIC INC 73,102 73,102
    BLOOMBOARD, INC SER A2 PFD 25,000 25,000
    EMICS, INC. SERIES A PFD STOCK 140,000 140,000
    FORUS, INC. PREFERRED STOCK 64,032 64,032
    MODERN GUILD PFD STOCK 25,000 25,000
    OPMOSYS, INC PFD 5,000 5,000
    SWING EDU SERIES B 58,337 58,337
    SWING EDU SERIES A 141,663 141,663
    TEACHFX, INC PREFERRED STOCK 100,000 100,000

    TY 2021 InvestmentsOtherSchedule2
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PARTNERSHIP - REACH II LP FMV 166,697 166,697
    PARTNERSHIP - REACH LP FMV 106,807 106,807
    PARTNERSHIP - SONEN GLOBAL SUST. FMV 138,769 138,769
    PARTNERSHIP - REACH III LP FMV 242,881 242,881

    TY 2021 LandEtcSchedule2
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    C&E - COMPUTER & EQUIPMENT 5,849 3,509 2,340 2,340
    DINNING ROOM TABLES 1,037 622 415 415
    OFFICE FURNITURE 2,973 1,784 1,189 1,189
    10 STANDING DESKS 4,253 2,552 1,701 1,701
    ADVANTAGE FLOORING 4,694 1,408 3,286 3,286
    PAINTING & ELECTRIC 4,147 1,244 2,903 2,903
    HOT WATER DISPENSER 435 435 0 0
    FLOORING FOR OFFICE 3,958 1,188 2,770 2,770
    NEW LAPTOP 2,299 1,265 1,034 1,034
    DESKTOP COMPUTER 1,274 680 594 594


    TY 2021 LegalFeesSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 6,885 0 0 6,885


    TY 2021 OtherAssetsSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSITS 30,000 0 0


    TY 2021 OtherExpensesSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 36,039 39,170 39,170 0
    OFFICE EXPENSES 156,967 0 0 156,967
    MARKETING 71,556 0 0 71,556
    GIVEAWAYS/GIFTS 1,223,197 0 0 1,223,197
    RESEARCH 74,501 0 0 74,501
    PROGRAM EVENT 28,070 0 0 28,070
    SPONSORSHIPS 261,890 0 0 261,890
    MISCELLANEOUS EXPENSES 136,335 0 0 0


    TY 2021 OtherIncomeSchedule2
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SONEN GLOBAL   -1,985 -1,985


    TY 2021 OtherIncreasesSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Description Amount
    UNREALIZED GAIN 3,477,403


    TY 2021 OtherLiabilitiesSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARDS 32,820 35,642


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVOCACY 55,000 0 0 55,000
    WEB DEVELOPMENT 159,160 0 0 159,160
    EXTERNAL CONTRACTORS 72,464 0 0 72,464
    GAME DEVELOPMENT 300,000 0 0 300,000


    TY 2021 TaxesSchedule
    Name:
    NEXT GEN PERSONAL FINANCE
    EIN:
    82-3648278
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES & LICENSES 8,950 0 0 796
    PAYROLL TAXES 160,056 0 0 160,056
    FOREIGN TAXES 8,020 8,020 8,020 0