EIN 94-3281780

NewSchools Venture Fund (NSVF)

IRS 501(c) type
501(c)(3)
Num. employees
53
Year formed
1998
Most recent tax filings
2023-12-01
Description
NewSchools Venture Fund works to close the achievement gap by funding and supporting entrepreneurs who are creating innovative solutions to the problems in public education so that all children have the opportunity to succeed in college.
Also known as...
New Schools Fund
Total revenues
$49,069,499
2023
Total expenses
$54,520,195
2023
Total assets
$66,393,420
2023
Num. employees
53
2023

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.

Grants made by NSVF

GranteeGrant descriptionAmount
The Fund For Public SchoolsInnovative Schools$822,500
Black Men TeachDiverse Leaders & Racial Equity$520,000
Watts of Power Foundation CorporationDiverse Leaders & Racial Equity$520,000
...and 109 more grants made totalling $23,100,250

Who funds NewSchools Venture Fund (NSVF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Walton Family FoundationTo 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.$3,940,000
Benificus FoundationGeneral Purpose$3,037,179
Silicon Valley Community Foundation (SVCF)Education$2,500,375
...and 17 more grants received

Personnel at NSVF

NameTitleCompensation
Frances MessanoChief Executive Officer$491,743
Mia HowardManaging Partner , Innovative Schools$264,066
Stacey ChildressBoard Member$0
Chris LozierChief Operating Officer
Christopher LozierChief Operating Officer and Treasurer$304,435
...and 17 more key personnel

Financials for NSVF

RevenuesFYE 12/2023
Total grants, contributions, etc.$45,026,641
Program services$0
Investment income and dividends$1,591,920
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$8,400
Net gain from sale of non-inventory assets$2,401,509
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$41,029
Total revenues$49,069,499

Form 990s for NSVF

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-14990View PDF
2022-122023-10-16990View PDF
2021-122022-09-20990View PDF
2020-122021-09-29990View PDF
2019-122021-02-24990View PDF
...and 12 more Form 990s

Organizations like NSVF

OrganizationLocationRevenue
Proteus FundWaltham, MA$73,102,909
Stand Together FoundationArlington, VA$12,881,613
SME Education FoundationSouthfield, MI$13,500,175
Mississippi State University FoundationMississippi State, MS$194,265,395
Broward College FoundationFort Lauderdale, FL$14,539,033
Washington State University Foundation (WSU)Pullman, WA$106,044,352
University of Rhode Island Foundation and Alumni EngagementKingston, RI$33,495,561
Math for AmericaNew York, NY$24,004,679
LSU Health Sciences Foundation in ShreveportShreveport, LA$19,436,125
Making Waves Foundation (MWF)Richmond, CA$26,832,934
Data update history
January 4, 2025
Received grants
Identified 2 new grant, including a grant for $10,000 from ImpactAssets
November 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 31, 2024
Updated personnel
Identified 4 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $1,250,000 from Carnegie Corporation of New York
August 2, 2024
Received grants
Identified 3 new grant, including a grant for $300,000 from W.K. Kellogg Foundation (WKKF)
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/ 
Phone
(415) 615-6860
Facebook page
newschools 
Twitter profile
@nsvf 
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
2025-03-05
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