NonprofitsNew College Foundation Incorporated

Education

New College Foundation Incorporated

SARASOTA, FL

Total revenue

$14.1M

Total expenses

$4.9M

Net assets

$56.9M

Grants received

$3.9M

113 grants

EIN

590911744

Tax year

2024

Mission

To support the priorities of New College of Florida by cultivating and stewarding donors and managing assets.

Programs

2 programs

New college foundation supports faculty, staff and students at new college and works with commuity members and groups on issues which the arts and humanities bear. To continue to cultivate donor relationships, new college foundation also supports other nonprofit organizations.

Expenses: $419KGrants: $419K

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.

Expenses: $413KGrants: $413K

Financials

FY 2024

Revenue

Contributions & grants$5.8M
Program service revenue$4K
Investment income$8.3M
Other revenue$3K
Total revenue$14.1M

Expenses

Grants paid$3.1M
Salaries & benefits$449K
Fundraising$231K
Other expenses$1.3M
Total expenses$4.9M
Total assets$57.9M
Net assets$56.9M

People

18 listed

NameRoleCompensation

Sydney Gruters

NCF Executive Director

Board

$201K

40 hrs/wk

Christie Fitz-Patrick

Treasurer; Chief of Staff New College

Board

1 hrs/wk

James McDonald

Vice Chair

Board

1 hrs/wk

JJ Fermin Miranda

Secretary

Board

1 hrs/wk

Alicja AJ Janson

Director

Board

1 hrs/wk

Brian McCarthy

Director

Board

1 hrs/wk

David Smith

Director

Board

1 hrs/wk

Debra Jenks

Director

Board

1 hrs/wk

Dr Lance Karp

Director

Board

1 hrs/wk

Adam Kendall

Chair

Board

1 hrs/wk

Eric Robinson

Director

Board

1 hrs/wk

Greg Douglas

Director

Board

1 hrs/wk

Joshua Ingram

Director

Board

1 hrs/wk

Mary Gratehouse

Director

Board

1 hrs/wk

Mike Rahn

Director

Board

1 hrs/wk

Rob Bilott

Director

Board

1 hrs/wk

Stuart Clarry

Director

Board

1 hrs/wk

Elizabeth Moore

Director

Board

1 hrs/wk

Independent contractors

Sarasota Restaurant Enterprises Inc dba Michael's on East

Catering

$136K

Ballard Partners Inc

Lobbying and Public Affairs

$120K

Oak Strategies LLC

Lobbying and public affairs

$120K

Capital City Consulting LLC

Lobbying and public affairs

$111K

Grants received

Showing 113 of 113

FromAmountPurposeYear
$66K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
ANY CHARITABLE PURPOSE
2024
$10K
DONATION
2024
$1K
PROVIDE CASH TO CHARITABLE FUNDS
2024
$1K
EDUCATIONAL GRANT
2024
$25K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
EDUCATION
2023
$5K
Education - Scholarships
2023
$1K
EDUCATIONAL GRANT
2023
$259
PROVIDE CASH TO CHARITABLE FUNDS
2023
$250
OTHER CIVIC / COMMUNITY
2023
$100
CHARITABLE PURPOSE
2023
$300K
To attract and retain high-achieving, low-income students from Sarasota and Manatee counties.
2022
$136K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$103K
To improve equity by helping area students aspire to and attain a bachelor's degree.
2022
$98K
GENERAL SUPPORT, PROGRAM SUPPORT, SCHOLARSHIP SUPPORT
2022
$36K
For grant recipient's exempt purposes
2022
$25K
GENERAL CHARITABLE SUPPORT
2022
$25K
PROGRAM SERVICES
2022
$25K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
PROGRAM SUPPORT, GENERAL SUPPORT
2022
$10K
To support the organization's operational and/or fundraising efforts.
2022
$10K
To support the organization's operational and/or fundraising efforts.
2022
$5K
EDUCATIONAL
2022
$5K
LIBERAL ARTS AND SCIENCES EDUCATION.COMMUNITY SERVICE.
2022
$3K
Program Support
2022
$2K
PROVIDE OPERATING FUNDS
2022
$2K
EDUCATIONAL GRANT
2022
$1K
Donation
2022
$100
CHARITABLE PURPOSE
2022
$198K
GENERAL SUPPORT, PROGRAM SUPPORT, SCHOLARSHIP SUPPORT
2021
$26K
For recipient's exempt purpose
2021
$25K
GENERAL CHARITABLE SUPPORT
2021
$24K
For grant recipient's exempt purposes
2021
$24K
For grant recipient's exempt purposes
2021
$20K
GENERAL SUPPORT, PROGRAM SUPPORT, SCHOLARSHIPS
2021
$20K
CHARITABLE
2021
$16K
GENERAL PURPOSES
2021
$10K
GENERAL/UNRESTRICTED
2021
$5K
NEW MUSIC/NEW COLLEGE
2021
$3K
Donation
2021
$2K
PROVIDE OPERATING FUNDS
2021
$1K
GENERAL/UNRESTRICTED
2021
$1K
EDUCATIONAL
2021
$36
CHARITABLE PURPOSE
2021
$200K
CAPACITY BUILDING SUPPORT
2020
$174K
CAPITAL PURCHASES, ENDOWMENT SUPPORT, GENERAL SUPPORT, PROGRAM SUPPORT, SCHOLARSHIP SUPPORT
2020
$81K
For grant recipient's exempt purposes
2020
$25K
Annual Suuport
2020
$25K
SCIENCE MEDAL PROGRAM
2020
$21K
GENERAL SUPPORT, PROGRAM SUPPORT, SCHOLARSHIP SUPPORT
2020
$21K
GENERAL PURPOSES
2020
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$20K
GENERAL OPERATING
2020
$12K
EDUCATIONAL GRANT
2020
$10K
Cook Library Support
2020
$10K
GENERAL OPERATING
2020
$7K
Donation
2020
$6K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$1K
PROVIDE OPERATING FUNDS
2020
$450
EMPLOYEE MATCHING GRANT
2020
$207K
GENERAL SUPPORT, PROGRAM SUPPORT, SCHOLARSHIP SUPPORT
2019
$40K
TO SUPPORT ORG'S TAX-EXEMPT PURPOSE
2019
$22K
PROGRAM SUPPORT, SCHOLARSHIP SUPPORT
2019
$12K
For grant recipient's exempt purposes
2019
$10K
Cook Library Support
2019
$5K
EMERGENCY ASSISTANCE
2019
$50K
SCIENCE MEDAL PROGRAM
2018
$15K
For grant recipient's exempt purposes
2018
$15K
GENERAL SUPPORT
2018
$10K
GENERAL SUPPORT
2018
$5K
CHARITABLE
2018
$3K
GENERAL PURPOSES
2018
$2K
UNRESTRICTED CHARITABLE DONATION
2018
$500
GENERAL FUND OF COLLEGE
2018
$500
UNRESTRICTED CHARITABLE DONATION
2018
$60K
GENERAL SUPPORT/SCHOLARSHIPS
2017
$17K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$10K
GENERAL SUPPORT
2017

Funded by

$3.9M from 50 funders · 113 grants · 2017–2024

The Community Foundation Of Sarasota Co

$703K · 5 grants · 2019–2023

Charles & Margery Barancik Foundation Inc

$697K · 6 grants · 2020–2022

Gulf Coast Community Foundation Inc

$505K · 8 grants · 2017–2023

National Philanthropic Trust

$417K · 3 grants · 2019–2021

Fidelity Investments Charitable Gift Fund

$208K · 7 grants · 2017–2022

The Bessemer Giving Fund

$200K · 1 grant · 2020

Vanguard Charitable Endowment Program

$181K · 3 grants · 2020–2022

Gs Donor Advised Philanthropy Fund

$150K · 5 grants · 2019–2024

Details

EIN590911744
NTEE codeB110
Subsection03
Ruling date1966-03
Formed1960
Employees10
Volunteers16
NEW COLLEGE FOUNDATION INCORPORATED — Mission, Financials & Grants Received | Grantivo