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Filing year 2024

New College Foundation Inc

Sarasota, Florida·EIN 59-0911744·NTEE B110 · Education·501(c)(3)
Total revenue
$14.1M
Total assets
$57.9M
Total expenses
$4.9M
Reported officers
18
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Florida.

Ncf Executive Director
Above 90th percentile
$270k
$287k
Base
$201k
Bonus
Other
Benefits
Treasurer; Chief of Staff New College
Officer (Unspecified)
$40k
$43k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at New College Foundation Inc equaled 6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Fell 11%
over 2 years

From $305k in 2022 to $270k in 2024.

$305k
2022
$185k
2023
$270k
2024
In today's dollarsEst.
Down 18% in real terms$349k to $287k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 46% from 2023 to 2024, while revenue rose 601%.

$185k in 2023 to $270k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about New College Foundation Inc

What does the Chief Executive Officer of New College Foundation Inc earn?

In 2024, the Chief Executive Officer of New College Foundation Inc received $270,385 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Florida: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at New College Foundation Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Florida, the 2024 pay of the Chief Executive Officer at New College Foundation Inc falls in the top 10%. In 2024, the highest total compensation at New College Foundation Inc equaled 6% of the organization's total expenses. The median for education organizations is 7%.

What are New College Foundation Inc's revenue and expenses?

In 2024, New College Foundation Inc reported $14.1M in total revenue and $4.9M in total expenses on its IRS Form 990.

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