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Filing year 2024

NEW SCHOOLS FUND

Oakland, California·EIN 94-3281780·NTEE B110 · Education·501(c)(3)
Total revenue
$41.8M
Total assets
$70.9M
Total expenses
$36.1M
Reported officers
21
Mission

TO IMPROVE PUBLIC EDUCATION BY IDENTIFYING AND SUPPORTING THE MOST PROMISING EDUCATION VENTURES IN THE COUNTRY, AND CREATING A NATIONWIDE NETWORK OF EDUCATION ENTREPRENEURS COMMITTED TO CLOSING THE ACHIEVEMENT GAP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$534k
$566k
Base
$456k
Bonus
$46k
Other
Benefits
$9k
Chief Operating Officer/tr
Officer (Unspecified)
$358k
$379k
Base
$282k
Bonus
$28k
Other
Benefits
$35k
Chief People Officer
Key Employee
75th to 90th percentile
$355k
$376k
Base
$295k
Bonus
$30k
Other
Benefits
$7k
Chief Strategy Officer/sec
Officer (Unspecified)
$352k
$373k
Base
$288k
Bonus
$30k
Other
Benefits
$11k
Managing Partner
Key Employee
75th to 90th percentile
$321k
$341k
Base
$257k
Bonus
$33k
Other
Benefits
$14k
Partner
Key Employee
75th to 90th percentile
$292k
$309k
Base
$224k
Bonus
$23k
Other
Benefits
$35k
Director, Development
Above 90th percentile
$290k
$307k
Base
$212k
Bonus
$27k
Other
Benefits
$31k
Partner, Equitable Investi
Highest Compensated Employee
75th to 90th percentile
$275k
$292k
Base
$213k
Bonus
$30k
Other
Benefits
$23k
Director, Research & Learn
Highest Compensated Employee
75th to 90th percentile
$273k
$290k
Base
$215k
Bonus
$22k
Other
Benefits
$14k
Director, Operations
75th to 90th percentile
$270k
$286k
Base
$202k
Bonus
$22k
Other
Benefits
$23k
Director, Communications
Director (Operational)
Above 90th percentile
$265k
$281k
Base
$211k
Bonus
$22k
Other
Benefits
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW SCHOOLS FUND equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
1%
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.

Up 2%
from 2023

From $523k in 2023 to $534k in 2024.

$523k
2023
$534k
2024
In today's dollarsEst.
Down 1% in real terms$570k to $566k

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue fell 15%.

$523k in 2023 to $534k in 2024.
  • Key Employee pay fell 4% from 2023 to 2024.
  • Chief Development Officer pay rose 5% from 2023 to 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 SCHOOLS FUND

What does the Chief Executive Officer of NEW SCHOOLS FUND earn?

In 2024, the Chief Executive Officer of NEW SCHOOLS FUND received $534,315 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW SCHOOLS FUND compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2024 pay of the Chief Executive Officer at NEW SCHOOLS FUND falls in the top 10%. In 2024, the highest total compensation at NEW SCHOOLS FUND equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are NEW SCHOOLS FUND's revenue and expenses?

In 2024, NEW SCHOOLS FUND reported $41.8M in total revenue and $36.1M in total expenses on its IRS Form 990.

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