The mission of New College Foundation is to support the priorities of New College of Florida, Florida's designated honors college. This is accomplished by securing funds as a result of cultivating and stewarding individuals, foundations, and corporations and through the prudent management of assets.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$57.9M
+15.7% YoY
Annual Giving
$3.1M
+478.7% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$3.1M
+1636.2% YoY
About New College Foundation Inc
Based on IRS filings
New College Foundation Inc is a nonprofit organization focused on Education, based in SARASOTA, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $57.9M in total assets. In 2025, it awarded 1 grants totaling $3.1M. Net investment income was $8.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $57,947,210 | $50,064,126 | $49,806,812 |
| Revenue | $14,077,675 | $2,007,354 | $4,698,283 |
| Expenses | $4,901,556 | $4,961,286 | $5,938,762 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,313,578 | $-261,406 | $1,580,915 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
15 grants across all recorded years
Open Grants
9 open opportunities from New College Foundation Inc
D.C. Tuition Assistance Grant Program (DC TAG)
New College Foundation Inc
Amount
Up to $10,000 per academic year (maximum $50,000 lifetime over five award years)
Deadline
Rolling / Open
NCF Transform Program Scholarship
New College Foundation Inc
Amount
$3,500 per year (renewing)
Deadline
Rolling / Open
Pell Grant
New College Foundation Inc
Amount
Up to $7,395 per academic year
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include New College of Florida ($3,108,611).
| Recipient | Purpose | Amount |
|---|---|---|
| New College of Florida Sarasota, FL | To support New College of Florida via scholarships, education programs, and faculty training | $3,108,611 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Adam Kendall | Chair | 1 | — |
| Christie Fitz-Patrick | Treasurer; Chief of Staff New College | 1 | — |
| James McDonald | Vice Chair | 1 | — |
| JJ Fermin Miranda | Secretary | 1 | — |
| Alicja AJ Janson | Director | 1 | — |
| Brian McCarthy | Director | 1 | — |
| David Smith | Director | 1 | — |
| Debra Jenks | Director | 1 | — |
| Dr Lance Karp | Director | 1 | — |
| Elizabeth Moore | Director | 1 | — |
| Eric Robinson | Director | 1 | — |
| Greg Douglas | Director | 1 | — |
| Joshua Ingram | Director | 1 | — |
| Mary Gratehouse | Director | 1 | — |
| Mike Rahn | Director | 1 | — |
| Rob Bilott | Director | 1 | — |
| Stuart Clarry | Director | 1 | — |
| Sydney Gruters | NCF Executive Director | 40 | $201,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New College Foundation Inc?
New College Foundation Inc is a nonprofit organization focused on Education, based in SARASOTA, FL. It holds $57.9M in total assets as of 2025.
How large is New College Foundation Inc?
As of 2025, New College Foundation Inc holds $57.9M in total assets with $14.1M in annual revenue. It awarded 1 grants totaling $3.1M in 2025.
Where does New College Foundation Inc operate?
New College Foundation Inc has awarded grants in Florida, New Jersey.
What size grants does New College Foundation Inc award?
In 2025, New College Foundation Inc awarded 1 grants totaling $3.1M — an average of about $3.1M per grant, based on its IRS Form 990 filings.
What is New College Foundation Inc's EIN?
New College Foundation Inc's EIN (Employer Identification Number) is 59-0911744. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in New College Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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