nonprofit logo

New Schools Fund

Newschools Venture Fund

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

EIN: 943281780 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

Overview

What is New Schools Fund?

New Schools Fund is a venture philanthropy organization based in Oakland, California, with a team of 56 employees. Their mission revolves around enhancing public education by identifying and supporting promising education ventures across the country. Through a combination of financial assistance and additional resources, including access to research, participation in a cohort, convenings, and management assistance, New Schools Fund invests in innovative public schools, diverse leaders, learning solutions, and racial equity. Their investment areas aim to create a nationwide network of education entrepreneurs committed to bridging the achievement gap.


Official website here: www.newschools.org

Is New Schools Fund legitimate?

New Schools Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Schools Fund 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: $1,700,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,621,482

For more financial information, click here


Official website here: www.newschools.org

What is the mission statement of New Schools Fund?

The New Schools Fund is dedicated to enhancing public education by identifying and backing promising education ventures in the country. Their mission is to build a nationwide network of education entrepreneurs, all committed to bridging the achievement gap. Through their venture funding and support, they provide financial assistance as well as additional resources, such as research access, cohort participation, and management assistance. Their investment areas include innovative public schools, diverse leaders, learning solutions, and racial equity.


Official website here: www.newschools.org

Who is the CEO of New Schools Fund?

Chris Lozier is the Ceo (Thru 12/22) of New Schools Fund. The CEO's salary of New Schools Fund is $150,006 and their total compensation is $583,316.


Official website here: www.newschools.org

What is the revenue of New Schools Fund?

New Schools Fund's revenue in 2022 was $74,508,851.


Official website here: www.newschools.org

Who are the executives of New Schools Fund and what are their salaries?

The average compensation at New Schools Fund during 2022 was $148,608. There are 56 employees and 11 volunteers at New Schools Fund.

Here are 22 key members and their salaries (New Schools Fund's CEO's salary is $150,006 and their total compensation is $583,316):

    Stacey Childress (Ceo (Thru 12/22)) [Trustee/Director]
  • Compensation: $150,006
  • Related: $399,999
  • Other: $33,311

    • Frances Messano (President/Secretary)
  • Compensation: $448,938
  • Related: $0
  • Other: $29,880

    • Heather Mcmanus (Chief People Officer)
  • Compensation: $294,002
  • Related: $0
  • Other: $27,318

    • Danielle Kristine Toussaint (Chief External Affairs Officer)
  • Compensation: $293,306
  • Related: $0
  • Other: $21,947

    • Amy Omand (Cfo/Treasurer (Thru 12/22))
  • Compensation: $273,198
  • Related: $0
  • Other: $18,059

    • Mia Howard (Managing Partner)
  • Compensation: $232,676
  • Related: $0
  • Other: $27,882

    • Cameron White (Partner)
  • Compensation: $220,510
  • Related: $0
  • Other: $39,814

    • Lionel Bialis-White (Partner)
  • Compensation: $220,647
  • Related: $0
  • Other: $34,389

    • Katiusca Moreno (Senior Partner, Diverse Leaders)
  • Compensation: $224,355
  • Related: $0
  • Other: $27,666

    • Jason Atwood (Director)
  • Compensation: $220,050
  • Related: $0
  • Other: $24,128

    • Christopher Lozier (Chief Operating Officer)
  • Compensation: $120,255
  • Related: $0
  • Other: $17,546

    • Paula Sneed (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brook Byers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Gabrieli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisette Nieves (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Stavis (Board Member (Thru 12/8/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ime Archibong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cori Duncan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Wolfson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angel Morales (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Boyers (Board Member (As Of 11/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newschools.org

    Where can I find the form 990 for New Schools Fund?

    The New Schools Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newschools.org

    Learn more at the official website: www.newschools.org

    Mission Statement of New Schools Fund

    The New Schools Fund is a mission-driven organization dedicated to enhancing public education in the United States. By identifying and supporting the most promising education ventures in the country, this venture fund aspires to create a nationwide network of education entrepreneurs who are committed to closing the achievement gap.

    Through philanthropic investments, the New Schools Fund provides financial assistance to innovative educators and teams, enabling them to bring their groundbreaking ideas to life. The organization's support extends beyond financial resources, offering additional advantages such as access to research, participation in a cohort, management assistance, and the organization of convenings. The New Schools Fund's investment areas focus on innovative public schools, diverse leaders, learning solutions, and racial equity.

    Empowered by the New Schools Fund's backing, these education pioneers are reimagining the way students learn and grow. With the organization's unwavering commitment to education and its innovative approach to investing in educational ventures, the New Schools Fund is making a significant impact on public education and the lives of students across the country.

    Impact

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




    Thursday, August 15, 2024

    New Schools Fund's impact can be seen in the innovative public schools, diverse leaders, learning solutions, and efforts towards racial equity that they support. By providing venture funding and support to educators and organizations that are reimagining education, New Schools Fund is actively working to improve public education. Through their investments and additional resources such as research access and management assistance, New Schools Fund is contributing to the creation of a nationwide network of education entrepreneurs committed to closing the achievement gap. Their focus on identifying and supporting promising education ventures is shaping the landscape of education in the country.





    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: $1,807,772
  • Program Service Revenue: $1,165,440
  • Gross Receipts: $76,757,653

    • Assets and Liabilities:
  • Total Assets: $72,482,557
  • Total Liabilities: $3,913,596
  • Net Assets: $68,568,961
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    IET-PROGRAM SERVICE FE

    Revenue

    $1,165,440

    Organization Details

    Founding Year

    1998

    Principal Officer

    Chris Lozier

    Main Address

    1616 FRANKLIN STREET 2ND FLOOR, OAKLAND, CA, 94612

    NTEE Category

    Code: B12 - Education

    If you are a representative of New Schools Fund 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.