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.
Key facts about New College Foundation Inc
In short: New College Foundation Inc gave $3.1M across 1 grant in 2025 (avg $3.1M), mostly in Florida. Source: 2025 IRS Form 990.
- EIN
- 59-0911744
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $3,108,611
- Grants made (2025)
- 1
- Average grant
- $3,108,611
- Median grant
- $3,108,611
- Total assets
- $57,947,210
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · 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
How New College Foundation Inc gives
- Giving grew 415% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About New College Foundation Inc
Based on IRS filings
New College Foundation Inc is a public charity focused on Education, based in Sarasota, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $57.9M in total assets. In 2025, it awarded 1 grant totaling $3.1M. Net investment income was $8.3M.
Focus Areas
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
Ready to take the next step with New College Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $388K (2023) to $3.1M (2025). In 2025 it made 1 grant totaling $3.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was New College of Florida ($3.1M).
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $100–250K range: 6 grants of 15 (40%).
Giving History
Grant recipients and amounts by year
| 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 |
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 |
| Net Investment Income | $8,313,578 | $-261,406 | $1,580,915 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 21, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 25, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 20, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 17, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 11, 2025)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
New College Foundation Inc is led by Sydney Gruters, Ncf Executive Director since 2025 (on filings since 2024); 1 of 18 officers listed in 2025 is compensated.
Officers on the 2025 filing
Sydney Gruters
Ncf Executive Director
Executive Director → Ncf Executive Director, 2025
On filings since 2024
40 hrs/week
$131K (2024) → $201K (2025)
Adam Kendall
Chair
Director → Vice Chair, 2023
Vice Chair → Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Debra Jenks
Director
On filings since 2023
1 hr/week
No compensation reported
Brian McCarthy
Director
On filings since 2024
1 hr/week
No compensation reported
Elizabeth Moore
Director
On filings since 2024
1 hr/week
No compensation reported
Greg Douglas
Director
On filings since 2024
1 hr/week
No compensation reported
Lance Karp
Director
On filings since 2024
1 hr/week
No compensation reported
Rob Bilott
Director
On filings since 2024
1 hr/week
No compensation reported
Alicja AJ Janson
Director
New on the 2025 filing
1 hr/week
No compensation reported
David Smith
Director
New on the 2025 filing
1 hr/week
No compensation reported
Eric Robinson
Director
New on the 2025 filing
1 hr/week
No compensation reported
Joshua Ingram
Director
New on the 2025 filing
1 hr/week
No compensation reported
Mary Gratehouse
Director
New on the 2025 filing
1 hr/week
No compensation reported
Mike Rahn
Director
New on the 2025 filing
1 hr/week
No compensation reported
Stuart Clarry
Director
New on the 2025 filing
1 hr/week
No compensation reported
Christie Fitz-Patrick
Treasurer & Chief of Staff New College
Director → Treasurer & Chief of Staff New College, 2025
On filings since 2024
1 hr/week
No compensation reported
James McDonald
Vice Chair
Director → Vice Chair, 2025
On filings since 2024
1 hr/week
No compensation reported
JJ Fermin Miranda
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (55)
- Former: Michael L. Foley (2020–2024) — Director Philanthropy - Former
- Former: Monica Van Buskirk (2020–2024) — Secretary
- Former: Susan Burns (2020–2024) — Director
- Former: Larry Geimer (2022–2024) — Treasurer
- Former: Benjamin Brown (2024) — Director
- Former: Fermin Miranda (2024) — Director
- Former: Hazel Bradford (2024) — Director
- Former: Henry Smyth (2019–2023) — Director
- Former: Maryanne Young (2019–2023) — Vice President of Advancement
- Former: Nancy Winship (2019–2023) — Director
- Former: Sue A. Jacobson (2019–2023) — Director
- Former: Glenn P. Hendrix (2020–2023) — Director
- Former: Janene Amick (2020–2023) — Director
- Former: John F. Schlegel (2020–2023) — Director
- Former: Kevin Hughes (2020–2023) — Associate Vice President Advancement
- Former: Ronald P. McDonough (2020–2023) — Director of Finance & Comptroller
- Former: Dan Stults (2021–2023) — Chair
- Former: Declan Sheehy (2022–2023) — Director Philanthropy
- Former: Marcia Crawley (2022–2023) — Director Philanthropy
- Former: Margee Ensign (2022–2023) — Director
- Former: Caitlyn Sanderson (2023) — Director of Prospect Management
- Former: Matthew Spalding (2023) — Director
- Former: Alison Gardner (2019–2022) — Chair
- Former: Charlene Lenger (2019–2022) — Director
- Former: Christine Jennings (2019–2022) — Director
- Former: Francine Blum (2019–2022) — Director
- Former: John W. Bean (2019–2022) — Director
- Former: Karin Gustafson (2019–2022) — Director
- Former: Ray Burgman (2019–2022) — 1st Vice Chair
- Former: Renee Hamad (2019–2022) — Director
- Former: Sharon Landesman Ramey (2019–2022) — Director
- Former: Beverly Bartner (2020–2022) — Director
- Former: Charles F. Raeburn (2020–2022) — Director
- Former: George Quarterman (2020–2022) — Secretary
- Former: Mary Ruiz (2021–2022) — Director
- Former: Esther Barazzone (2022) — Director
- Former: Lori Ferguson (2022) — Director
- Former: Charles H. Hamilton (2019–2021) — Director
- Former: Robert E. Turffs (2019–2021) — Director
- Former: Felice Schulaner (2019–2020) — Director
- Former: George Augustin (2019–2020) — Treasurer
- Former: Steve Jacobson (2020) — Director
- Former: Bj Creighton (2019) — Director -
- Former: Cindy Hill (2019) — Director
- Former: David Lipsey (2019) — Director
- Former: Jonathan Smiga (2019) — Director
- Former: Kathy Coffee (2019) — Director -
- Former: Kenneth Misemer (2019) — Director
- Former: Kim Vickers (2019) — Assistant Director
- Former: Michael Pender (2019) — Director -
- Former: Patrick Hennigan (2019) — Director -
- Former: Robert Lincoln (2019) — Treasurer
- Former: Ron P. McDonough (2019) — Director of Finance
- Former: Thomas White (2019) — Director
- Former: Vicki Raeburn (2019) — Director -
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $201K, to Sydney Gruters (NCF Executive Director).
Frequently asked questions about New College Foundation Inc
How much does New College Foundation Inc give each year?
New College Foundation Inc gave $3.1M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $537K across 3 grants.
How large is New College Foundation Inc?
New College Foundation Inc reported $57.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $14.1M.
What is New College Foundation Inc?
New College Foundation Inc is a public charity focused on Education, based in Sarasota, FL. It holds $57.9M in total assets as of 2025.
Where does New College Foundation Inc operate?
New College Foundation Inc has awarded grants in Florida, New Jersey.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching New College Foundation Inc by hand.
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New College Foundation Inc down — hundreds of funders to go?