THE FOUNDATION'S PURPOSE IS TO EXPLORE THE PROMOTION OF EXCELLENCE IN EDUCATION, BOTH PUBLIC AND PRIVATE, WITH THE EXPANDED USE OF VOLUNTEERS AND TUTORS, THE DEVELOPMENT OF FUNDING SOURCES, THE TRANSFORMATION OF TEACHING AND LEARNING, THE FORMATION OF CHARACTER IN THE JESUIT TRADITION OF HOLINESS, AND SEEKING EFFORTS TO DEVELOP ONE OR ALL OF WHAT THE REV. DR. MARTIN LUTHER KING CALLED THE THREE DIMENSIONS OF THE COMPLETE LIFE, ALONE IN OR IN PARTNERSHIP WITH SECULAR AND RELIGIOUS ORDERS. FURTHER TO PROMOTE DIRECT GRANTS, CONTRIBUTIONS, LOANS AND/OR OTHER FUND ASSISTANCE TO LOCAL AND NATIONAL RELIGIOUS ORGANIZATIONS, NONPROFIT ORGANIZATIONS AND TO PUBLIC CHARTER SCHOOL MANAGEMENT COMPANIES TO ACCOMPLISH THE FOREGOING; AND TO RECEIVE AND ADMINISTER FUNDS FOR SUCH PURPOSES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.2M
Annual Giving
$2.9M
Grant Count
8
Avg Grant Size
$359K
About The New Common School Foundation
Based on IRS filings
The New Common School Foundation is a nonprofit organization focused on Education, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44.2M in total assets. In 2024, it awarded 8 grants totaling $2.9M. Net investment income was $200K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $44,150,067 | $44,389,188 | $40,234,956 |
| Revenue | $7,197,675 | $6,997,203 | $5,515,596 |
| Expenses | $7,296,448 | $5,257,084 | $3,634,068 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $200,080 | $45,109 | $12,004 |
| 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 8 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W CLARK DURANT III | PRESIDENT/TREASURER | 60 | $475,000 |
| CAROL MANSFIELD | SECRETARY | 0.5 | — |
| JEFFREY T NEILSON | CHAIRMAN | 0.5 | — |
| MARY ANN JOHNSON | DIRECTOR OF FINANCE | 40 | $171,883 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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