EIN 59-0911744

New College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
14
State
Year formed
1960
Most recent tax filings
2022-06-01
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
$4,354,121
2022
Total expenses
$5,329,272
2022
Total assets
$47,981,303
2022
Num. employees
14
2022

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
The Community Foundation of SarasotaGeneral Support, Program Support, Scholarship Support$197,867
National Philanthropic TrustEducation$100,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$80,900
...and 4 more grants received

Personnel at New College Foundation

NameTitleCompensation
Margee Ensign '73Editor in Chief
Susan Burns '76Vice President, Programs and Services
Maryanne YoungVice President of Advancement , Executive Director of Foundation and Advancement$211,405
Ron McDonoughDirector of Finance and Compliance$97,573
Roxana AguirreDirector of Community Education and Standards
...and 21 more key personnel

Financials for New College Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,062,759
Program services$0
Investment income and dividends$447,800
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$47,466
Net gain from sale of non-inventory assets$1,557,426
Net income from fundraising events$187,707
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$50,963
Total revenues$4,354,121

Form 990s for New College Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-13990View PDF
2019-062020-08-10990View PDF
2018-062019-05-14990View PDF
2017-062018-04-10990View PDF
2016-062017-01-20990View PDF
...and 7 more Form 990s
Data update history
May 14, 2023
Received grants
Identified 1 new grant, including a grant for $174,285 from The Community Foundation of Sarasota
July 28, 2022
Received grants
Identified 1 new grant, including a grant for $200,000 from The Bessemer Giving Fund
July 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 13, 2022
Used new vendors
Identified 6 new vendors, including , , , , , and
May 11, 2022
Updated personnel
Identified 14 new personnel
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
Provides grantsLobbyingFundraising eventsOperates internationallyEndowed supportProvides scholarshipsTax deductible 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
Independent
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