FOR DONORS & FAMILIES
Help promising companies succeed
Your donation supports a portfolio of companies developing solutions across health, climate, materials, accessibility, and financial wellbeing. Our team brings the opportunities together and manages the coordination.
You give through one of our donor-advised fund partners and receive a charitable acknowledgment for an eligible new gift. Approved portfolio investments provide funding for the companies’ development and growth.
No obligation–No sales pitch–No fees from you on the call.
Key Benefits of NRP Strategy
Your Giving. Their Innovation. A Greater Opportunity for Impact.
Supporting innovation through philanthropy doesn't have to be complicated. We work with charitable partners to connect eligible contributions with approved investments in companies developing solutions to important challenges.

01. Make a Charitable Contribution
Give through one of our participating donor-advised fund partners. Eligible new gifts receive a charitable acknowledgment from the receiving organization.

02. Support Promising
Companies
Our charitable partners review and approve investments that provide companies with funding for research, development, testing, and growth.

03. Extend
the Impact
If investments generate proceeds, those funds return to the charitable account, where they can support additional approved investments or grants to charities.
NextRound is different because 100% of your dollars go to work immediately in the hands of innovators
$500 Billion goes to Charity each year.
About 20% gets wasted on fundraising events and administration.
The world has real problems that need solving and the entrepreneur class can solve them.
YOU can fund them and get the SAME charitable tax receipt.
No obligation–No sales pitch–No fees from you.
WHO is NRP?Passionate professionals who enable innovators.
NextRound impact philanthropy is a service designed to help donors build
a charitable vehicle exactly tailored to their specific philanthropic requirements.
Trust and CredibilityWith decades of experience in impact investing, our team—including Michael Porteous, Frank McGillicuddy, and Daniella Tedesco—has successfully curated multi-million-dollar portfolios for clients like you.
Trust NRP to align your philanthropic vision with measurable results.
Key Benefits of NRP Strategy
NextRound Philanthropy (NRP) shows you how to invest foundation assets in a risk-reduced method which allows for innovative impact in the sector(s) of your choice.
-
Mission Alignment:
Invest in companies solving challenges that align with your values in health, climate, and sports tech. -
Financial Growth:
Generate returns to sustain your foundation’s philanthropic goals. -
Tax Advantages:
Donations made to your 501(c)(3) qualify for full tax deductions. -
Diversification:
Spread investments across multiple startups at different stages to reduce risk and maximize impact. -
Performance-Based:
No upfront fees—NRP only receives compensation after the foundation assets deployed this way have positive results. NRP receives compensation from investors in follow-on rounds, not the investors in the current round.
STAY CONNECTED TO THE IMPACT
Be as Involved as You Want.
Your giving can be more than a financial contribution. It can connect you to the people, ideas, and innovations shaping the future.
Follow company progress, meet founders and our team, or explore opportunities for laboratory visits when available.
We coordinate the ongoing relationships and updates, allowing you to choose the level of engagement that works best for you.
$500 Billion goes to Charity each year.
About 20% gets wasted on fundraising events and administration.
NextRound is different because 100% of your dollars go to work immediately in the hands of innovators
Our DAF partner is a 501(c)(3) organization and is thereby eligible to receive tax-deductible contributions in accordance with IRS Code section 170. Their 990 filings will be included in the due diligence package which will be given to those who are seriously interested in participating.
Their principals and consultants have expertise in planned giving/major gifts, investment management, financial planning, risk management, real estate transactions, tangible personal property donations, emergency assistance funds, donor advised funds and actuarial consulting. They’ve been providing charities with practical risk management solutions for non-cash donations and charitable gift annuities, since 2003.
Do you give $2,000,000 or more to charity?
Tell us your passion. We will do the rest
AND YOU WILL GET YOUR TAX DEDUCTION
Cures for diseases like cancer and Alzheimer’s will not come from traditional charities but from scientists in private early stage companies.
The many possible solutions to the climate crisis will come from entrepreneurs NOT the government
Join these talented and efficient people and get the IRS to help you
Tell us your passion. We will do the rest
AND YOU WILL GET YOUR
TAX DEDUCTION
Watch Our Video
Cures for diseases like cancer and Alzheimer’s will not come from traditional charities but from scientists in private early stage companies.
The many possible solutions to the climate crisis will come from entrepreneurs NOT the government
Join these talented and efficient people and get the IRS to help you
PURPOSE
WHAT does NRP do?
NRP helps you fund your passions with tax deductible contributions.
At NextRound Philanthropy (NRP), we empower you to turn your passions into meaningful impact. By using Donor-Advised Funds (DAFs), we offer a flexible and tax-deductible way to invest in startups that are addressing real-world challenges in healthcare, climate, and technology.
With NRP, you maintain full control over where your contributions go, ensuring they align with the issues that matter most to you. Instead of simply donating, you’re helping fund practical solutions that can make a tangible difference in areas that truly need support.
WHY does NRP matter?
You can get your tax deduction and have impact.
ABOUT US
Transformational and not transactional -- this is a new form of impact philanthropy.
In today’s evolving philanthropic landscape, Donor-Advised Funds (DAFs) are revolutionizing the way companies grow and investors give. DAFs offer a flexible, tax-efficient solution for funding high-impact businesses while ensuring donors maintain control over their contributions.
Traditional charity models often have high overhead costs, reducing the portion of donations that reach the intended cause. Donor-Advised Funds (DAFs) offer a more efficient alternative by enabling contributions of assets—stocks, cash, or securities—while providing immediate tax benefits. Most importantly, donors retain control over the timing and allocation of their funds, ensuring their contributions have a direct and meaningful impact across critical sectors.
How It Works
You directly fund the Innovator of your choice who then issues you securities, which you in turn donate to a Donor Advised Fund for your full tax deduction.
-
Fund Innovators:
Your 501(c)(3) contributes funds to innovative companies tackling transformative challenges. -
Gain Ownership:
Contributions translate into ownership stakes, ensuring your foundation reaps returns. -
Realize Returns:
When companies succeed, your foundation benefits financially, allowing you to reinvest in future philanthropy.
OUR GUIDING PRINCIPLES
True progress and innovation comes at the hands of entrepreneurs NOT bureaucracies or governments.
- Stop expecting cancer to be cured by the NIH or any charitable organization.
- Climate change will not be halted or reversed by government mandates alone.
- These problems will be solved with contributions from entrepreneurs.
- AND we have figured out how you can get the IRS to help YOU participate in the solutions.
OUR GUIDING PRINCIPLES
You want to solve a problem?
Want to send less money to Washington D.C.?
Harness the endless energy and creative spirit of the entrepreneurial class.
If the last 200 years of economic history have taught us anything, it’s that invention and practical solutions come out of the private sector – the for profit private sector.
To have an impact we think the best way is to partner with an entrepreneur not a professional fundraiser who’s not really changing much.
FACT: Charities receive almost $500 BILLION DOLLARS A YEAR and on average less that 80 cents on the dollar actually go to the cause.
FACT: The engine of innovation in the USA is being starved of capital as firms become more risk averse
FACT: You can make the IRS your non-dilutive co-investor by following their rules.
So what can you do?
That’s where NRP comes into play.
We can listen to what you truly want to put your annual charitable dollars towards, and build a vehicle to do exactly that and ensure that you get the same charitable tax deduction you always do.
THE FINE PRINT.
THE FINE PRINT.
ACHIVEMENTS
25 Years of Glory
HOW IT WORKS
Our Process
We listen
Our Network
Introduction
Contribution
Donation
Closing
During all of these steps NRP will be there to help.
You pay no fees to NRP and at no time does your money or the securities touch NRP.
EXPERT TEAM
Meet the people behind NextRound
Michael Porteous
PRESIDENT AND CO-FOUNDER
Michael has a 39 year career
in finance spanning institutional trading
with some of the largest
banks in the world as
well as portfolio management and
investment banking. He is the
proud father of two daughters
and devoted hockey fan.
Michael has a 39 year career in finance spanning institutional trading with some of the largest banks in the world as well as portfolio management and investment banking. He is the proud father of two daughters and devoted hockey fan.
Francis McGillicuddy
CO-FOUNDER
Francis
has
25 years of wholesale repo and funding
trading where many situations involved international
tax arbitrage. Since leaving his banking
career, he has worked in High-Net-Worth
tax planning, taking less travelled paths
in Private Placement Life Insurance, structured
partnerships and philanthropy. Francis loves being
outdoors in all weather and finds
joy in simple pleasures such as
dog walking or canoeing on flat
water.
Daniella Tedesco
CO-FOUNDER
Daniella
has a background in public policy.
She began her career leading messaging strategies
for bipartisan political campaigns, helping candidates
translate complex policies into compelling narratives
for broader audiences. Today, she brings that
expertise to the investment world, helping
founders bridge the communication gap between
innovation and funding. Her work focuses on
aligning early-stage companies with mission-driven
capital sources to scale their impact. Outside
of work, Daniella enjoys hiking coastal
trails and discovering California’s emerging food
scenes.
Daniella
has a background in public policy.
She began her career leading messaging strategies
for bipartisan political campaigns, helping candidates
translate complex policies into compelling narratives
for broader audiences. Today, she brings that
expertise to the investment world, helping
founders bridge the communication gap between
innovation and funding. Her work focuses on
aligning early-stage companies with mission-driven
capital sources to scale their impact. Outside
of work, Daniella enjoys hiking coastal
trails and discovering California’s emerging food
scenes.
Janser
Bob
CHIEF TECHNOLOGY OFFICER
Janser Bob is an AI data
scientist and entrepreneur with over
10 years of experience in
digital marketing, specializing in AI
automation to streamline business operations and
marketing strategies. Outside of his
professional work, he is also
a licensed pilot, skydiver and
passionate kitesurfer, embracing adventure and
precision both in the air
and on the water.
David
Clark
Climate Tech Advisor
David is an expert in clean
energy investments and climate tech innovation.
He advises on market viability, regulatory
impact, and scaling early-stage ventures.
He has extensive experience guiding sustainability-driven
companies from concept to commercialization. He
is a husband and father of
three and in his free
time can be found running
a trail, on a lake
fishing, or composing at the piano.
Dr. Randall
Hyer
Biotech & Pharma Advisor
Randy is a former executive
for Merck, Moderna, and Novartis
with multiple FDA approvals in
vaccines, biologics, and biosimilars.
MD, PhD, MPH—expert in
biotech due diligence, regulatory
pathways, and clinical validation.
Laura is a serial entrepreneur with a successful track record of launching innovative and companies across the USA, UK, MENA, and China. Currently Laura is the Founder and CEO of Vivan Therapeutics, enabling clinical decision support and personalized cancer treatment. Laura is also a Director of the My Personal Therapeutics Foundation, with a mission to identify life saving therapeutics for children with rare diseases, provide access to personalized therapeutics and to support cancer R&D. Laura enjoys traveling and spending time with her 3 children.
Bruce
Makous
Advisor
Bruce Makous, MA, ChFC, CAP,
CFRE, is a nationally recognized
advancement leader with 42 years
in major gifts and planned
giving. He most recently served
as Chief Advancement Officer at
Society for Science and has
held senior roles at the
American Association for Cancer Research,
Drexel University, and the ACLU
of Pennsylvania. Named by The
NonProfit Times as one of
the most influential fundraisers in
the U.S., he brings deep
expertise in donor-advised funds and
complex charitable planning.
Bruce Makous, MA, ChFC, CAP,
CFRE, is a nationally recognized
advancement leader with 42 years
in major gifts and planned
giving. He most recently served
as Chief Advancement Officer at
Society for Science and has
held senior roles at the
American Association for Cancer Research,
Drexel University, and the ACLU
of Pennsylvania. Named by The
NonProfit Times as one of
the most influential fundraisers in
the U.S., he brings deep
expertise in donor-advised funds and
complex charitable planning.
Advisor
Successful operator and entrepreneur with
investments in over 200 companies
and 30+ space companies. Space
commercialization expert who speaks frequently
in media and other appearances.
Current COO of Xplore, a
space company providing low-cost,
high value commercial satellite data.
Laura is a serial entrepreneur with a successful track record of launching innovative and companies across the USA, UK, MENA, and China. Currently Laura is the Founder and CEO of Vivan Therapeutics, enabling clinical decision support and personalized cancer treatment. Laura is also a Director of the My Personal Therapeutics Foundation, with a mission to identify life saving therapeutics for children with rare diseases, provide access to personalized therapeutics and to support cancer R&D. Laura enjoys traveling and spending time with her 3 children.
Shannon
Lovgren
MANAGING DIRECTOR - WEST COAST
Shannon
has 30+ years of global management
experience working in philanthropy, impact investing,
and sustainable development including organizations such
as Acumen and USAID. She can
be found hiking in the
High Sierra Mountains or by a
river in her free time.
Rachel Perera Weingeist
MANAGING DIRECTOR - EAST COAST
Rachel is a creative connector and strategic
cultural leader with decades of global
experience advancing initiatives across genres, geographies
and disciplines. Known for bridging vision
with operational excellence, directing impactful partnerships
and mobilizing major funding. Rachel advises
organizations and institutions on how to
sustain and scale change. She is
grateful to split her time between
vibrant urban life in New York
and verdant rural Massachusetts.
Laura
Towart
ADVISOR
Laura is a serial entrepreneur with
a successful track record of launching
innovative companies across the USA, UK,
MENA, and China. Currently Laura is
the Founder and CEO of
Vivan Therapeutics, enabling clinical decision support
and personalized cancer treatment. Laura is
also a Director of the My
Personal Therapeutics Foundation, with a mission
to identify life saving therapeutics for
children with rare diseases, provide access
to personalized therapeutics and to support
cancer R&D. Laura enjoys traveling and
spending time with her 3 children.
WHY should you consider NextRound Philanthropy for your tax deductible contribution in 2026?
Your charitable dollars have the biggest impact on what you really care about.
- $500 Billion goes to Charity each year and >20% is lost on fundraising events and administration.
- Innovators often struggle with raising necessary funds for breakthrough research.
- Cures for diseases like cancer and Alzheimer’s have traditionally come from innovators in private early stage companies.
- We face real problems that need innovative solutions—you can join in support of entrepreneurs and get your same charitable tax receipt.
- Would you like to have more impact with your 2024 charitable contributions?
LOCATION
Offices
Toronto
Los Angeles
New York
Seattle
To have more impact with your 2026
tax-deductible charitable contribution,
ACT NOW AND CALL US
To have more impact with your 2026
tax-deductible charitable contribution,
ACT NOW AND CALL US
at NextRound Philanthropy we can walk you through this simple process.
TESTIMONIALS
What People Say About Us?
REQUEST
Free Consultation
LATEST NEWS
Recent News
INFORMATION
Questions about giving
Think of a donor-advised fund, or DAF, as a savings account for charitable giving. DAFs have been around for decades. You donate, receive a tax receipt for an eligible new gift, and the money stays in the account for charitable use.
We work with Neta Foundation and other donor-advised fund and investment partners. Through approved investments, charitable funds can support impact companies. Any investment proceeds flow back into the charitable account to support more companies or grants to charities.
A donor-advised fund partner reviews and approves the investments. The companies receive funding on agreed financing terms to carry out their plans. NextRound coordinates the portfolio and shares progress updates.
- Yes.
Yes. We review suggested companies to assess whether we can help.
Yes. We help coordinate a grant to a participating donor-advised fund partner, subject to both sponsors’ requirements.
The donor-advised fund partner receiving your gift issues a charitable acknowledgment for eligible new contributions. A grant from an existing DAF does not create a second personal deduction.
They return to the charitable account to support further approved investments or grants. They remain dedicated to charitable use.
We explain applicable fees, compensation arrangements, and contribution requirements before you commit.
Affiliate Partners
LET'S EXPLORE WHAT'S POSSIBLE
Your Philanthropic Goals Deserve a Thoughtful Strategy.
Whether you want to support a portfolio of innovative companies, explore a particular cause, or learn how donor-advised funds work, our team is here to help you understand the opportunities.
An introductory conversation to explore your philanthropic interests.






