EIN 59-0911744

New College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
14
State
Year formed
1960
Most recent tax filings
2023-06-01
Description
To provide a quality education to students of high ability who, because of their ability, deserve a program of study that is both demanding and stimulating.
Total revenues
$4,698,283
2023
Total expenses
$5,938,762
2023
Total assets
$49,806,812
2023
Num. employees
14
2023

Program areas at New College Foundation

The New College Foundation provides scholarship support to New College students, helping them to attend New College of Florida. The financial support the students receive allows them to experience a personalized approach to their education and enables these academically talented students to thrive and realize their full potential, preparing them to assume leadership roles in their scholarly, civic, artistic, and commercial endeavors.
New College Foundation provides academic program funding to help maintain the 10-1 student-to-faculty ratio which allows students from over 38 states and 20 countries to develop a personal relationship and work one-on-one with faculty to design their education program and research projects. As a direct result, New College of Florida produces more fulbright scholars per capita than harvard or yale (3 in 2015 and 4 in 2016) and is recognized nationally for the number of its students it sends to the country's premier law, business and medical schools. Foundation funding is also provided to the jane cook bancroft library, to community programs, such as New topics and New music, and to the novo collegiate scholarship and to international programs, such as daughters for life.
New College Foundation funding is provided for academic chairs, professorships and faculty salaries, allowing New College of Florida to attract faculty of the highest caliber and reputation. All classes are taught by faculty with a ph.d. or equivalent degree. Foundation funding also supports innovative faculty research and development which lies at the heart of academic leadership.

Who funds New College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$135,750
Gulf Coast Community FoundationEducation$105,792
The Community Foundation of SarasotaGeneral Support, Program Support, Scholarship Support$98,292
...and 14 more grants received

Personnel at New College Foundation

NameTitleCompensation
Margee Ensign '73Editor in Chief
Maryanne YoungVice President of Advancement$208,870
Susan Burns '76Vice President, Programs and Services
Ron McDonoughDirector of Finance and Compliance - Foundation and Advancement$97,573
Ronald P McDonoughDirector of Finance and Comp$102,790
...and 17 more key personnel

Financials for New College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,890,865
Program services$0
Investment income and dividends$538,513
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$47,928
Net gain from sale of non-inventory assets$1,042,402
Net income from fundraising events$149,747
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$28,828
Total revenues$4,698,283

Form 990s for New College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-05990View PDF
2022-062023-02-07990View PDF
2021-062021-12-20990View PDF
2020-062021-04-13990View PDF
2019-062020-08-10990View PDF
...and 10 more Form 990s

Organizations like New College Foundation

OrganizationLocationRevenue
University of the Southwest (USW)Hobbs, NM$17,030,000
Central Christian College of KansasMcpherson, KS$14,622,092
Villa Maria College of BuffaloBuffalo, NY$14,246,954
Pontifical College Josephinum (PCJ)Columbus, OH$9,268,888
Montserrat College of ArtBeverly, MA$15,865,147
Calumet College of St. Joseph (CCSJ)Whiting, IN$18,209,280
Webb InstituteGlen Cove, NY$12,318,061
Keystone CollegeLa Plume, PA$21,691,443
Pennsylvania Academy of the Fine Arts (PAFA)Philadelphia, PA$17,455,345
Hartford International University for Religion and PeaceHartford, CT$8,691,207
Data update history
September 26, 2024
Updated personnel
Identified 8 new personnel
July 12, 2024
Received grants
Identified 4 new grant, including a grant for $10,000 from Boscia Family Foundation
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 3 new personnel
May 19, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
SchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsLobbyingFundraising eventsOperates internationallyEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
5800 Bay Shore Rd
Sarasota, FL 34234
Metro area
North Port-Sarasota-Bradenton, FL
County
Sarasota County, FL
Website URL
ncf.edu 
Phone
(941) 487-5000
IRS details
EIN
59-0911744
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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