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New College Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 590911744 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

Overview

What is New College Foundation Inc?

New College Foundation Inc, situated in Sarasota, Florida, is a dedicated nonprofit organization with a mission to support the priorities of New College of Florida, Florida's designated honors college. By cultivating and stewarding donors and managing assets prudently, they secure financial aid for academically talented students, enabling them to benefit from a personalized educational approach. This scholarship support allows these students to flourish and reach their full potential, preparing them for leadership roles in various scholarly, civic, artistic, and commercial endeavors. Currently, the foundation employs 14 individuals, dedicated to their cause.


Official website here: www.ncf.edu

Is New College Foundation Inc legitimate?

New College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New College Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,076,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $602,780

For more financial information, click here


Official website here: www.ncf.edu

What is the mission statement of New College Foundation Inc?

The New College Foundation's mission is to support the priorities of New College of Florida, a designated honors college. This is achieved by securing funds through cultivating and stewarding individuals, foundations, and corporations, as well as managing assets prudently. The foundation provides scholarship support to New College students, allowing them to attend the university and experience a personalized approach to their education. This financial aid enables academically talented students to thrive and reach their full potential, preparing them for leadership roles in their scholarly, civic, artistic, and commercial pursuits.


Official website here: www.ncf.edu

Who is the CEO of New College Foundation Inc?

Ron Mcdonough is the Principal Officer of New College Foundation Inc.


Official website here: www.ncf.edu

What is the revenue of New College Foundation Inc?

New College Foundation Inc's revenue in 2022 was $4,354,121.


Official website here: www.ncf.edu

Who are the executives of New College Foundation Inc and what are their salaries?

The average compensation at New College Foundation Inc during 2022 was $119,950. There are 14 employees and 43 volunteers at New College Foundation Inc.

Here are 33 key members and their salaries:

    Maryanne Young (Executive Director)
  • Compensation: $204,211
  • Related: $0
  • Other: $94,517

    • Kevin Hughes (Associate Vp Advancement)
  • Compensation: $136,840
  • Related: $0
  • Other: $43,882

    • Declan Sheehy (Director Philanthropy)
  • Compensation: $105,081
  • Related: $0
  • Other: $38,747

    • Marcia Crawley (Director Philanthropy)
  • Compensation: $103,246
  • Related: $0
  • Other: $40,536

    • Michael L Foley (Director Philanthropy)
  • Compensation: $98,148
  • Related: $0
  • Other: $39,690

    • Ronald P Mcdonough (Director Of Finance & Comp)
  • Compensation: $97,961
  • Related: $0
  • Other: $35,732

    • Alison Gardner (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Burgman (1St Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Stults (2Nd Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Geimer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Quarterman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janene Amick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Esther Barazzone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beverly Bartner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John W Bean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francine Blum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margee Ensign (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin Gustafson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Hamad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn P Hendrix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue A Jacobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Jennings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Kendall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlene Lenger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles F Raeburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Landesman Ramey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ruiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John F Schlegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Smyth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Van Buskirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Winship (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ncf.edu

    Where can I find the form 990 for New College Foundation Inc?

    The New College Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ncf.edu

    Learn more at the official website: www.ncf.edu

    Mission Statement of New College Foundation Inc

    New College Foundation Inc, as a mission-driven organization, is dedicated to supporting the priorities of New College of Florida, Florida's designated honors college. This is achieved by cultivating and stewarding donors and managing assets prudently. The foundation's mission is to secure funds through its outreach efforts and the careful management of its assets.

    By fulfilling this mission, New College Foundation Inc provides scholarship support to students attending New College of Florida. This financial assistance enables academically talented students to benefit from a personalized educational approach, fostering their growth and enabling them to excel in their scholarly, civic, artistic, and commercial pursuits. The foundation's work is instrumental in preparing these students for leadership roles, enabling them to make significant contributions to their respective fields.

    Impact

    This information is meant to be a general summary of New College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    New College Foundation Inc's impact lies in its crucial support of New College of Florida students through scholarship provision. By providing financial assistance, the foundation enables academically talented individuals to attend the college and experience a personalized education. This support empowers students to thrive and reach their full potential, preparing them to assume leadership roles in various fields. Through its efforts, New College Foundation Inc plays a significant role in fostering the growth and development of future leaders in scholarly, civic, artistic, and commercial arenas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,005,226
  • Program Service Revenue: $0
  • Gross Receipts: $4,821,101

    • Assets and Liabilities:
  • Total Assets: $47,981,303
  • Total Liabilities: $2,501,181
  • Net Assets: $45,480,122
  • Organization Details

    Founding Year

    1960

    Principal Officer

    Ron Mcdonough

    Main Address

    5800 BAY SHORE ROAD, SARASOTA, FL, 342432109

    NTEE Category

    Code: B110 - Education

    If you are a representative of New College Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.