New Schools Fund

Fiscal year ending 2024. Filed on September 29, 2025.

1616 Franklin Street 2nd Floor
Floor
Oakland, California 94612

New Schools Fund (EIN: 94-3281780), also known as Newschools Venture Fund, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, New Schools Fund, a 501(c)(3) charitable organization, reported compensation for 11 out of 39 total employees. Among the employees shown here, the average compensation is $326,040. The highest compensated employee at New Schools Fund is Frances Messano with fiscal year 2024 compensation of $534,315.

Revenue, expenses, and employee compensation

Revenue

$41,832,970

Expenses

$36,108,555

Employee compensation

$8,821,694
Revenue, expenses, and employee compensation over time

Mission Statement

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.

Revisions to this organization profile

September 29, 2025:
2024 New Schools Fund 990 filed
September 14, 2024:
2023 New Schools Fund 990 filed
October 16, 2023:
2022 New Schools Fund 990 filed

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