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NEW COLLEGE FOUNDATION INC

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Public IRS 990 nonprofit record

NEW COLLEGE FOUNDATION INC

EIN 59-0911744 · Education (B110)

What they do

The Mission of New College Foundation is to Support The Priorities of New College of Florida, Floridas 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.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$34.82spent for every $100 of revenueRevenue covered expenses this year.
$14.30of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$11.82in assets for every $1 spent this yearSome assets cannot be spent right away.
40.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $270,385 for SYDNEY GRUTERS (NCF EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$14,077,675
Expenses$4,901,556
Annual surplus $9,176,119 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$701,166 · 14.3% of expenses
Grants paid$8,944,590 · 182.5% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Revenue$14,077,675
Expenses$4,901,556
Assets$57,947,210
Income$47,554,257
Contributions$5,757,511
Grants given$8,944,590
Average grant$372,691
Management and general$701,166
Stocks and bonds$50,522,962
Accounting fees$32,000
Investing fees$331,637
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SYDNEY GRUTERSNCF EXECUTIVE DIRECTOR · 40 hrs/week $270,385Base $201,000 · Other $69,385
CHRISTIE FITZ-PATRICKTREASURER; CHIEF OF STAFF NEW COLLEGE · 1 hrs/week $40,296Base · Other $40,296

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

SYDNEY GRUTERSNCF EXECUTIVE DIRECTOR

CHRISTIE FITZ-PATRICKTREASURER; CHIEF OF STAFF NEW COLLEGE

GREG DOUGLASDIRECTOR

STUART CLARRYDIRECTOR

ROB BILOTTDIRECTOR

MIKE RAHNDIRECTOR

MARY GRATEHOUSEDIRECTOR

JOSHUA INGRAMDIRECTOR

JJ FERMIN MIRANDASECRETARY

JAMES MCDONALDVICE CHAIR

ADAM KENDALLCHAIR

ERIC ROBINSONDIRECTOR

ELIZABETH MOOREDIRECTOR

DR LANCE KARPDIRECTOR

DEBRA JENKSDIRECTOR

DAVID SMITHDIRECTOR

BRIAN MCCARTHYDIRECTOR

ALICJA AJ JANSONDIRECTOR

About this charity

Recognized since
January 1966
Location
5800 Bay Shore Road, Sarasota, FL 342432109
County
Manatee
In care of
Sydney Gruters
Primary officer
Sydney Gruters, Executive Director

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
MAULDIN & JENKINS LLC
NTEE classification
Education (B110)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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