EIN 23-7037968

The Common Fund for Nonprofit Organizations

IRS 501(c) type
501(c)(3)
Num. employees
67
City
Year formed
1955
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Common Fund for Nonprofit Organizations aims to enhance the financial resources of educational organizations as defined under Section 170(b)(1)(a)(ii) and (Iv) of the Internal Revenue Code of 1986, as amended. It also seeks to help them improve their investment management practices. The organization is a non-profit corporation exempt under IRC Section 501(f), headquartered in Wilton, CT and formed to enable colleges, universities and independent schools to obtain professional management.
Total revenues
$306,918,859
2023
Total expenses
$31,341,280
2023
Total assets
$3,520,694,647
2023
Num. employees
67
2023

Program areas at The Common Fund for Nonprofit Organizations

The Common Fund for non-profiNonprofitit Organizations ("commonfund") is a non-profiNonprofitit corporation, exempt under irc section 501(f), formed to enable colleges, universities and independent schools to join together in obtaining professional management of their endowments and long-term investment funds. Pursuant to irc section 501(f), commonfund is organized and operated solely to hold, commingle, and collectively invest and reinvest in stocks and securities, The money contributed by its member schools, and to collect income therefrom and turn over The entire amount thereof, less expenses, to its member schools.

Who funds The Common Fund for Nonprofit Organizations

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Singing Wood FoundationGeneral Support$15,000

Personnel at The Common Fund for Nonprofit Organizations

NameTitleCompensation
Anita HaritonPresident and Chief Executive Officer , Commonfund Securities
Mamak ShahbaziChief Executive Officer and Chief Investment Officer$135,000
Mark AnsonChief Executive Officer and Chief Investment Officer , Commonfund$0
Peter BurnsChief Executive Officer , CF Private Equity
Timothy YatesPresident and Chief Executive Officer , Commonfund Ocio
...and 11 more key personnel

Financials for The Common Fund for Nonprofit Organizations

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$6,406,630
Investment income and dividends$38,569,803
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$242,571,434
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$19,370,992
Total revenues$306,918,859

Form 990s for The Common Fund for Nonprofit Organizations

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-12990View PDF
2021-062022-07-11990View PDF
2020-062021-05-20990View PDF
2019-062020-12-07990View PDF
...and 9 more Form 990s

Organizations like The Common Fund for Nonprofit Organizations

OrganizationLocationRevenue
Third Sector New England (TSNE)Boston, MA$88,378,996
Texas Association of School BoardsAustin, TX$91,430,991
Association of Universities for Research in AstronomyWashington, DC$420,912,916
Halifax StaffingDaytona Beach, FL$295,530,000
Bridgespan GroupBoston, MA$102,484,601
American College of Surgeons (ACS)Chicago, IL$129,513,600
Association of American Medical CollegesWashington, DC$281,470,206
Harvard Medical Faculty PhysiciansBoston, MA$666,628,699
Carnegie Science (CIS)Washington, DC$129,092,421
CogniaAlpharetta, GA$124,301,623
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
July 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from Singing Wood Foundation
July 14, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
Business and community development organizationsCharities
Issues
EducationCommunity improvement
Characteristics
Political advocacyLobbyingOperates internationallyTax deductible donationsAccepts online donations
General information
Address
15 Old Danbury Rd
Wilton, CT 06897
Metro area
Bridgeport-Stamford-Norwalk, CT
County
Western Connecticut Planning Region, CT
Website URL
commonfund.org/ 
Phone
(203) 563-5000
IRS details
EIN
23-7037968
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S50: Nonprofit Management
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Revoked
FTB status revoked
Not revoked
AG Registration Number
089884
FTB Entity ID
1853384
AB 488 data last updated ("as-of") date
2024-10-16
Free account sign-up

Want updates when The Common Fund for Nonprofit Organizations has new information, or want to find more organizations like The Common Fund for Nonprofit Organizations?

Create free Cause IQ account