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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 Schools Fund

New Schools Fund

Fiscal year ending 2023. Filed on September 14, 2024.

1616 Franklin Street 1st Floor
Of North Carolina At Chapel Hill
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 2023 IRS Form 990 filing, New Schools Fund, a 501(c)(3) charitable organization, reported compensation for 10 out of 53 total employees. Among the employees shown here, the average compensation is $331,040. The highest compensated employee at New Schools Fund is Frances Messano with fiscal year 2023 compensation of $523,266.

Revenue, expenses, and employee compensation

Revenue

$49,069,499

Expenses

$54,520,195

Employee compensation

$10,838,041
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frances Messano
CEO (AS of 1/23)
$523,266
$491,743 No related comp$31,523
Danielle Kristine Toussaint
Chief EXT Affairs OFF (Thru 12/23)
$368,235
$346,251 No related comp$21,984
Christopher Lozier
Chief Operating Officer/Treasurer
$356,184
$304,435 No related comp$51,749
Heather McManus
Chief People Officer
$348,058
$318,633 No related comp$29,425
Delicia Jones
Chief Strategy Officer/Secretary
$337,663
$305,100 No related comp$32,563
Mia Howard
Managing Partner
$294,860
$264,066 No related comp$30,794
Cameron White
Partner
$278,473
$236,516 No related comp$41,957
Maggie Andrews
Development Director
$277,336
$229,934 No related comp$47,402
Jason Atwood
Director, Research and Learning
$267,383
$232,185 No related comp$35,198
Natalie Wilson
Partner, Equitable Investing
$258,941
$228,560 No related comp$30,381

Benchmark Employee Compensation

Non-Employee Board Members

Angel Morales
Board Member
Brook Byers
Board Member
Charlie Wolfson
Board Member
Christopher Gabrieli
Board Member (Thru 8/23)
Cori Duncan
Board Member
Ime Archibong
Board Member
Kim Smith
Board Member
Lisette Nieves
Board Member
Michelle Boyers
Board Member
Paula Sneed
Board Chair
Stacey Childress
Board Member

Contractors

Catalyst Education
Project Consulting
$1,640,200
Bellwether Education Partners
Project Consulting
$1,377,478
Kelvin Education Inc.
Project Consulting
$612,500
Education Analytics Inc.
Project Consulting
$500,000
Nwea
Project Consulting
$273,621

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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