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 and racial equity.
Who funds NewSchools Venture Fund (NSVF)
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| National Philanthropic Trust | 2022-06 | Education | $35,000,000 |
| 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 |
| ...and 20 more grants received totalling $59,340,001 |
Personnel at NSVF
| Name | Title | Compensation | Date of data |
|---|
| Stacey Childress | Chief Executive Officer | $150,006 | 2022-12-31 |
| Chris Lozier | Chief Operating Officer | | 2023-10-16 |
| Amy Omand | Chief Financial Officer and Treasurer | $273,198 | 2022-12-31 |
| Danielle Kristine Toussaint | Chief External Affairs Officer | $293,306 | 2022-12-31 |
| Heather McManus | Chief People Officer | $294,002 | 2022-12-31 |
| ...and 27 more key personnel |
Financials for NSVF
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $71,533,539 | $35,927,290 | 99.1% |
| Program services | $1,165,440 | $1,177,819 | -1.1% |
| Investment income and dividends | $1,558,455 | $93,434 | 1568% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $2,100 | $0 | 999% |
| Net gain from sale of non-inventory assets | $249,317 | $4,020,151 | -93.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $74,508,851 | $41,218,694 | 80.8% |
Organizations like NSVF
| Organization | Type | Location | Revenue |
|---|
| Big Shoulders Fund | 501(c)(3) | Chicago, IL | $62,883,883 |
| National College Advising Corps | 501(c)(3) | Raleigh, NC | $30,525,715 |
| Proteus Fund | 501(c)(3) | Amherst, MA | $62,955,408 |
| Institute of International Education | 501(c)(3) | New York, NY | $326,453,880 |
| Propel Education | 501(c)(3) | Birmingham, AL | $43,965,281 |
| Ampact | 501(c)(3) | Minneapolis, MN | $50,180,193 |
| Road Scholar | 501(c)(3) | Boston, MA | $344,940,076 |
| Math For America | 501(c)(3) | New York, NY | $24,004,679 |
| Council on International Educational Exchange / Council International Study Program (CIEE) | 501(c)(3) | South Portland, ME | $119,425,162 |
| Partnership for Education Advancement | 501(c)(3) | New York, NY | $23,831,423 |
Data update history
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Updated personnel
Identified 6 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Provides grantsLobbyingTax deductible donations
General information
- Address
- 1616 Franklin St 2nd 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
- 611710: Educational Support Services
- Parent/child status
- Independent
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