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Filing year 2024

NEW SCHOOLS FUND

Oakland, California·EIN 94-3281780·NTEE B110 · Education·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 · Schedule J · 11 reported individuals · Filing year 2024

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
$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
$321k
$341k
Base
$257k
Bonus
$33k
Other
Benefits
$14k
Partner
key employee
$292k
$309k
Base
$224k
Bonus
$23k
Other
Benefits
$35k
Director, Development
$290k
$307k
Base
$212k
Bonus
$27k
Other
Benefits
$31k
Partner, Equitable Investi
highest compensated employee
$275k
$292k
Base
$213k
Bonus
$30k
Other
Benefits
$23k
Director, Research & Learn
highest compensated employee
$273k
$290k
Base
$215k
Bonus
$22k
Other
Benefits
$14k
Director, Operations
$270k
$286k
Base
$202k
Bonus
$22k
Other
Benefits
$23k
Director, Communications
director (operational)
$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

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.

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

Revenue and expenses over time

NEW SCHOOLS FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$49.1M
$54.5M
2023
$41.8M
$36.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in California

Comparable education organizations in California pay their highest-earning executive a median of $148,506.

25th percentile
$76k
Median
$148,506
75th percentile
$230k
90th percentile
$390k

These are education sector-wide figures, not this organization's reported pay. Based on 1,455 organizations across 1,455 filings (2021 – 2023).

See full Education pay data for California
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