Stem Next Opportunity Fund
Stem Next Opportunity Fund
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About this organization
Mission
Building Inclusion and Opportunity for Millions of Young People and Closing the Gender Gap in STEM Careers
About
STEM Next Opportunity Fund is a national leader, strategic guide, policy advocate, and investor that is bringing about a transformative expansion of high-quality and inclusive STEM learning opportunities. To support this national effort, the STEM Next Opportunity Fund focuses on three main areas to achieve the highest impact: strategic grantmaking, scaling high-quality STEM learning, and increasing STEM awareness. STEM Next supports and works with partner organizations developing initiatives and networks of STEM learning regionally, statewide, and nationally. STEM Next makes targeted investments in the organizations and programs that have demonstrated impact and the potential to expand their successes. These investments contribute to an extensive infrastructure that leverages the nation's largest youth-serving organizations. In 2018, STEM Next Opportunity Fund increased its STEM system-building investments and provided resources, tools, and materials to 33 afterschool state networks. Through these activities, state networks reached over 800,000 youth and 100,000 afterschool and summer programs with high-quality STEM learning experiences. STEM Next Opportunity Funds support for the STEM Learning Ecosystem initiative allowed it to grow from 54 communities across the country to 84. Working with organizations like Girl Scouts of the USA, STEM Next supported a pilot program to increase the capacity of the Girl Scout Councils to provide high-quality STEM learning to troops and support the troop leaders in facilitating STEM programming. Because of the successes of this pilot and the support of STEM Next Opportunity Fund, the program is scaling across the Girl Scouts organization. Research shows the impact these STEM capacity building investments have made for mostly low-income youth in afterschool. Looking at youth outcomes from 160 programs across 11 state afterschool networks supported by STEM Next, a study conducted by Harvards Program in Education, Afterschool and Resiliency (PEAR) and Texas Tech Universitys Institute for Measurement, Methodology, Analysis and Policy, showed that more than 70% of students reported positive gains in STEM areas such as science interest, career interest, science identity, and 21st century skills. More than 95% of program facilitators felt their students made significant improvements in skills and confidence in math, science, and social settings.
Interesting data from their 2019 990 filing
The non-profit's mission, as documented in the filing, is “Building inclusion and opportunity for millions of young people and closing the gender gap in stem careers.”.
When explaining its purpose, the activities were described as: “Stem next opportunity fund is a national leader, strategic guide, policy advocate, and investor that is bringing about a transformative expansion of high-quality and inclusive stem learning opportunities.”.
- The non-profit is legally allowed to operate in the state of CA, as reported.
- The filing provides the non-profit's address in 2019 as 2305 HISTORIC DECATUR RD 100, SAN DIEGO, CA, 92106.
- The non-profit has a total of 5 employees, as reported on their form for 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$793,794.
- The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 4 independent voting members.
- The organization has a professional fund raiser.
- The organization was formed in 2016.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $642,299 in salary, compensation, and benefits to its employees.
- The organization pays $450,177 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.