Program areas at NSVF
Venture funding and support: Newschools raises philanthropic dollars and invests them in entrepreneurs and teams of educators. We find, Fund, and support organizations that are reimagining education. In addition to providing financial assistance, Newschools also provides additional resources including convenings, access to research, participation in a cohort, and managmeent assistance, our investment areas are innovative public Schools, diverse leaders, learning solutions, racial equity and learning differences.
Who funds NewSchools Venture Fund (NSVF)
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Walton Family Foundation | 2022-12 | To Support the Launch of New, Innovative Schools, Grants for Early-Stage Ventures That Will Help Increase the Proportion of Black and Latino Leaders in Education, A Teacher Diversity Request for Proposals, and Greater Communications Capacity. | $6,492,500 |
| Chan Zuckerberg Initiative Foundation | 2022-12 | General Operating Support | $4,000,000 |
| Benificus Foundation | 2022-12 | General Purpose | $3,028,633 |
| ...and 19 more grants received totalling $25,565,001 |
Personnel at NSVF
| Name | Title | Compensation | Date of data |
|---|
| Stacey Childress | Chief Executive Officer | $150,006 | 2022-12-31 |
| Chris Lozier | Chief Operating Officer | | 2024-07-20 |
| Amy Omand | Chief Financial Officer and Treasurer | $273,198 | 2022-12-31 |
| Nour Abdelmonem | Chief of Staff | | 2024-07-20 |
| Danielle Kristine Toussaint | Chief External Affairs Officer | $293,306 | 2022-12-31 |
| ...and 20 more key personnel |
Financials for NSVF
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $45,026,641 | $71,533,539 | -37.1% |
| Program services | $0 | $1,165,440 | -100% |
| Investment income and dividends | $1,591,920 | $1,558,455 | 2.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $8,400 | $2,100 | 300% |
| Net gain from sale of non-inventory assets | $2,401,509 | $249,317 | 863.2% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $41,029 | $0 | 999% |
| Total revenues | $49,069,499 | $74,508,851 | -34.1% |
Organizations like NSVF
| Organization | Type | Location | Revenue |
|---|
| Proteus Fund | 501(c)(3) | Amherst, MA | $62,955,408 |
| SME Education Foundation | 501(c)(3) | Southfield, MI | $13,500,175 |
| Stand Together Foundation | 501(c)(3) | Arlington, VA | $26,989,721 |
| Broward College Foundation | 501(c)(3) | Fort Lauderdale, FL | $14,539,033 |
| Math For America | 501(c)(3) | New York, NY | $24,004,679 |
| University of Rhode Island Foundation and Alumni Engagement | 501(c)(3) | Kingston, RI | $33,495,561 |
| Washington State University Foundation (WSU) | 501(c)(3) | Pullman, WA | $106,044,352 |
| Mississippi State University Foundation | 501(c)(3) | Mississippi State, MS | $194,265,395 |
| Kansas State University Foundation | 501(c)(3) | Manhattan, KS | $185,341,726 |
| The Florida State University Foundation | 501(c)(3) | Tallahassee, FL | $96,038,685 |
Data update history
November 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 21, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $760,000 from Margulf Foundation April 15, 2024
Updated personnel
Identified 9 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsLobbyingTax deductible donationsAccepts online donations
General information
- Address
- 1616 Franklin St 1st Floor
- Oakland, CA 94612
- Metro area
- San Francisco-Oakland-Berkeley, CA
- County
- Alameda County, CA
- Website URL
- newschools.org/Â
- Phone
- (415) 615-6860
- Facebook page
- newschoolsÂ
- Twitter profile
- @nsvfÂ
IRS details
- EIN
- 94-3281780
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1998
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B12: Education Fund Raising and Fund Distribution
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current
- FTB status revoked
- Not revoked
- AG Registration Number
- 107560
- FTB Entity ID
- 2013705
- AB 488 data last updated ("as-of") date
- 2024-10-16
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