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New College Foundation Inc

SARASOTA, FL EIN: 59-0911744 Website

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

2states

Cities

SarasotaSkillman

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$15M202020212022202320242025
Metric202520242023
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

$0$777K$2M$2M$3M4 grants20204 grants20214 grants20223 grants20233 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

New College of Florida$3.1M

Grant Size Distribution

15 grants across all recorded years

1<$50K5$50–100K6$100–250K1$250–500K$500K–1M2$1–5M$5M+

Open Grants

9 open opportunities from New College Foundation Inc

Show all 9 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Sydney GrutersNCF Executive Director$201K

From 2025 filing

NameTitleHoursCompensation
Adam KendallChair1
Christie Fitz-PatrickTreasurer; Chief of Staff New College1
James McDonaldVice Chair1
JJ Fermin MirandaSecretary1
Alicja AJ JansonDirector1
Brian McCarthyDirector1
David SmithDirector1
Debra JenksDirector1
Dr Lance KarpDirector1
Elizabeth MooreDirector1
Eric RobinsonDirector1
Greg DouglasDirector1
Joshua IngramDirector1
Mary GratehouseDirector1
Mike RahnDirector1
Rob BilottDirector1
Stuart ClarryDirector1
Sydney GrutersNCF Executive Director40$201,000

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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