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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education New College Foundation Inc

New College Foundation Inc

Fiscal year ending 2024. Filed on January 17, 2025.

5800 Bay Shore Road
Sarasota, Florida 34243

New College Foundation Inc (EIN: 59-0911744) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, New College Foundation Inc, a 501(c)(3) charitable organization, reported compensation for 2 out of 13 total employees. Among the employees shown here, the average compensation is $175,940. The highest compensated employee at New College Foundation Inc is Sydney Gruters with fiscal year 2024 compensation of $184,964.

Revenue, expenses, and employee compensation

Revenue

$2,007,354

Expenses

$4,961,286

Employee compensation

$472,307
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sydney Gruters
Executive Director
$184,964
$130,885 No related comp$54,079
Michael L Foley
Director Philanthropy - Former
$166,915
$108,447 No related comp$58,468

Benchmark Employee Compensation

Non-Employee Board Members

Adam Kendall
Chair
Benjamin Brown
Director
Brian McCarthy
Director
Christie Fitz-Patrick
Director
Debra Jenks
Director
Dr Lance Karp
Director
Elizabeth Moore
Director
Fermin Miranda
Director
Greg Douglas
Director
Hazel Bradford
Director
James McDonald
Director
Larry Geimer
Treasurer

Contractors

Robert Half
Temp Employee
$151,145
Metz Culinary Management
Catering
$141,806
Capital City Consulting
Lobbying and Public Affairs
$110,917

Mission Statement

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.

Revisions to this organization profile

December 11, 2025:
2025 New College Foundation Inc 990 filed
January 17, 2025:
2024 New College Foundation Inc 990 filed
March 5, 2024:
2023 New College Foundation Inc 990 filed

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