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RESOURCE GENERATION INC

NEW YORK, NY · EIN 271847561 · Form 990 · FY2024 · NTEE T99 · Philanthropy & Grantmaking · Medium ($1M-$10M) · resourcegeneration.org
revenue
$4.8M
expenses
$4.0M
net assets
$3.7M
employees
26
volunteers
15
program ratio
62%
mission · from form 990

RESOURCE GENERATION ORGANIZES YOUNG PEOPLE WITH WEALTH AND CLASS PRIVILEGE IN THE U.S. TO BECOME TRANSFORMATIVE LEADERS WORKING TOWARDS THE EQUITABLE DISTRIBUTION OF WEALTH, LAND AND POWER.

profile · synthesized from sources

Resource Generation organizes young people aged 18–35 in the U.S. who have wealth and class privilege, supporting them to become transformative leaders committed to redistributing wealth, land, and power. The organization provides leadership development, donor education, and organizing programs focused on racial and economic justice. It operates through local chapters, national campaigns, and partnerships with social justice movements.

named programs · 6 · from sources

What they call their work

College Fellowship
Program providing dedicated support and organizing resources for college students with wealth engaged in social justice philanthropy.
Housing Justice Campaign
National campaign launched in 2024 to organize members around housing justice, including virtual training and chapter-based organizing.
Making Money Make Change (MMMC)
Annual conference bringing together young people with wealth for political education, skill-building, and organizing around redistributing wealth to social justice movements.
Praxis Groups
Small, cross-class peer groups that meet monthly to support members in taking action toward wealth redistribution and anti-racist organizing.
Redistribution Pledge
Commitment program encouraging members to redistribute personal wealth to social justice movements; supported by guidelines and tracking to meet collective goals.
Transformative Leadership Institute
Skill-building program focused on leadership development for young people with wealth engaged in social change and donor organizing.
activities · 3 groups

What they do

  • Nonprofit Sector Research & Data Analysis 1 activity
    • Producing research and educational resources on wealth, class, and philanthropy
      Publishes books, toolkits, reports, and curated resources including "Classified," "Creating Change Through Family Philanthropy," "Money Talks, So Can We," case studies on land reparations, and a resource spreadsheet on land justice. Also published an Annual Report in 2021 and conducted a 2018 Resource Survey documenting member asset holdings.
  • Political Leadership Training for Underrepresented Groups 1 activity
    • Providing political education and leadership development
      Offers political education, skill-building workshops, reflection programs, and accountability cohorts for young people with wealth, including flagship conferences, biennial convenings, and institutes focused on class privilege, identity, giving plans, and social change financial planning. Includes small-group programs for those with over $1M in liquid assets or influence over $10M in family assets.
  • Uncategorized 4 activities
    • Advancing intergenerational advocacy for wealth and land redistribution
      Engages supporters over 35 through webinars, campaigns, and advocacy initiatives such as the Tax Campaign with nationwide Tax Day actions, while promoting core principles like the Redistribution Guidelines that urge members not to profit from wealth. Land justice and equitable land distribution are central outcomes promoted through advocacy.
    • Funding and facilitating wealth redistribution through donor organizing
      Funds and supports transformative investing and strategic redistribution of financial resources by members via the Redistribution Pledge, which commits participants to redistribute at least 10% of personal assets annually. The organization facilitates movement-centered practices that align philanthropy with economic justice goals.
    • Organizing young people with wealth and class privilege
      Organizes individuals aged 18–35 in the U.S. who have access to wealth—defined as being in the top 10% of net wealth for their age group or having current/future wealth through family or high income—to become transformative leaders advancing equitable distribution of wealth, land, and power. Programming centers on cross-class leadership and economic justice alignment.
    • Providing direct support tools for values-aligned financial engagement
      Offers a Financial Professionals Database and the ValuesAdvisor tool to help members identify money coaches, donor advisors, financial advisors, and wealth managers aligned with their values, supporting wealth redistribution and transformative investing. The database is updated regularly with review cycles at least 1–2 times per year.
financials · form 990 · fy2024
revenue
Total revenue$4.84M
Contributions & grants$4.57M94%
Program service revenue$150K3%
Investment income$112K2%
Other revenue$12K
expenses
Total expenses$3.99M
Program expenses62%
Admin / overhead28%
Fundraising10%
Salaries & benefits$2.97M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$3.98M
Cash$1.88M
Investments$1.79M
Liabilities$247K
Net assets$3.73M
Liquid reserves11.0 mo
3 years on record · 2020–2024 · YoY revenue +23.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
YAHYA ALAZRAK EXECUTIVE DIRECTOR 28 $166K
CATHERINE WANG DEVELOPMENT DIRECTOR 32 $165K
board members · 15
  • CARLOS ROJAS ALVAREZ — TREASURER
  • CHARLES LONG — TREASURER (THROUGH 9/2024)
  • CHRIS WESTCOTT — BOARD MEMBER
  • DAVID NICHOLSON — BOARD MEMBER
  • ELIZABETH BALDWIN — BOARD MEMBER
  • EMILY THAI — BOARD MEMBER
  • HOLLY FETTER — BOARD MEMBER
  • JACOB-CLIFTON ALBRITTON — BOARD MEMBER
  • JERROD MACFARLANE — BOARD MEMBER (THROUGH 2/2024)
  • MAC LIMAN — CO-CHAIR
  • OONA CHATTERJEE — CO-CHAIR
  • SARAH FRANK — BOARD MEMBER
  • SIAN MIRANDA SINGH O'FAOLIN — SECRETARY
  • TIFFANY BROWN — BOARD MEMBER
  • TYLER BARBARIN — BOARD MEMBER
relationships · 36

Who they work with

  • 21/64 Partner — Collaborated on planning Next Gen events and participated in foundation summits
  • Adasina Social Capital Network — Cited as an inspiration and aligned practitioner in justice-centered investment strategies.
  • Boston Ujima Project Network — Cited as an inspiration and aligned movement partner in transformative investment and solidarity economy work.
  • Boston Women’s Fund Partner — Collaborated with Comfort Zone (later Resource Generation) in its early formation
  • Bread and Roses Partner — Organization in Philadelphia that inspires redistribution of wealth and decision-making power.
  • Center for Popular Democracy Partner — National campaign partner whose leadership RG follows in its organizing and campaign work.
  • Climate Justice Alliance Network — Cited as an inspiration and aligned network in building a regenerative, justice-centered economy.
  • Donors of Color Network Partner — Partners with Donors of Color Network to advance equitable philanthropy and wealth redistribution.
  • Emerging Practitioners in Philanthropy (EPIP) Partner — Co-led the Dialogue Project and jointly planned Next Gen events
  • FEDCO Seeds Partner — Highlighted for its benefit-sharing program with Nibezun on behalf of Wabanaki tribes, used as an example of Indigenous royalty models.
  • Fund for Democratic Communities Partner — Organization co-managed by Marnie Thompson, featured in redistribution stories.
  • Funding Exchange Coalition — Co-founded the Social Justice Philanthropy Collaborative
  • Haymarket People’s Fund Partner — Partnered with Comfort Zone during organizational development
  • Ingrid Ren Partner — Individual contributor who authored a blog post on intergenerational financial conflict.
  • Justice Funders Network — Cited as an inspiration and collaborative network in reimagining philanthropy and investment for equity.
  • Media Sutra Partner — Collaborated with Resource Generation to co-create and document the Transformative Investment Principles.
  • Movement for Black Lives Partner — Established formal partnership to advance racial and economic justice
  • Movement for Black Lives Partner — National campaign partner whose leadership RG follows in its organizing and campaign work.
  • National Committee for Responsive Philanthropy Coalition — Co-founded the Social Justice Philanthropy Collaborative
  • National Committee for Responsive Philanthropy Partner — Cites research from the National Committee for Responsive Philanthropy on migrant justice funding trends.
  • Native Land Conservancy Partner — Cited as an example of a Native-run land conservation group receiving land donations, used to illustrate successful rematriation.
  • Peace Development Fund Partner — Collaborated with Comfort Zone in early programming and outreach
  • Philanthropic Initiative for Racial Justice Partner — Cites research from the Philanthropic Initiative for Racial Justice on racial justice funding trends.
  • Planting Justice Partner — Collaborated with Sogorea Tè Land Trust on an urban land return to the Ohlone community, referenced as a case study.
  • Popular Democracy Partner — Formal partner in advancing democratic and economic justice initiatives
  • RG’s partners Partner — Source of input on donor practices and collaborators in shaping effective philanthropy.
  • Redistribution Guidelines Network — Framework used to guide members in wealth redistribution
  • Resource Generation Network — Organizing body for young people with wealth engaged in economic and racial justice work.
  • Sogorea Tè Land Trust Partner — Referenced as a model for land return and land tax initiatives in the Bay Area.
  • Solidaire Partner — Collaborates with Solidaire as part of a network of donor organizations focused on wealth redistribution and social justice philanthropy.
+ 6 more
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Cross-Class Leadership and Personal-Structural Integration
    methodology: personal-structural-change-integration
    By integrating personal transformation—such as healing and self-work—with cross-class relationship-building, the organization strengthens movement leadership because addressing internalized class privilege is essential to building authentic solidarity and effective structural change.
  • Intergenerational Redistribution Through Privileged Youth Organizing
    methodology: intergenerational-wealth-redistribution
    By organizing young people (18–35) with wealth and class privilege into a base for collective action, the organization leverages their access to capital and networks to redistribute wealth and power, because sustained engagement of this group enables long-term structural shifts beyond charity.
  • Racial Wealth Justice and Movement-Led Resourcing
    methodology: racial-wealth-justice
    By centering the leadership of Black, Indigenous, and other marginalized communities in determining how resources are allocated, the organization advances systemic change because such communities are best positioned to identify and address the root causes of injustice, countering funder-driven agendas that reproduce racial capitalism.
  • Solidarity-Based Systems Change and Transformative Investing
    methodology: systems-change
    By advancing unrestricted funding, long-term commitments, and mission-aligned investing—including shifting capital to solidarity economies—the organization enables grassroots movements to exercise autonomy and build collective power, because financial sovereignty is foundational to systemic transformation.