2025-12-11T14:35:42+00:00 2025-06-30 580692043 Mauldin & Jenkins LLC 1401 Manatee Avenue West Suite 1200 Bradenton FL 34205 990 2024-07-01 590911744 New College Foundation Inc NEWC 9414874801 5800 Bay Shore Road Sarasota FL 342432109 Sydney Gruters Executive Director 9414874672 2025-12-11 true true Brian Carter P00536712 9417474483 2025-12-05 2024 2025-03-06 01:10:19Z Adam Kendall 5800 Bay Shore Road Sarasota FL 342432109 47554257 false X ncf.edu/alumni/foundation/ X 1960 FL To support the priorities of New College of Florida by cultivating and stewarding donors and managing assets. 17 16 10 16 0 2206573 5757511 42000 3500 -261406 8313578 20187 3086 2007354 14077675 3040611 3108611 0 472307 449466 0 231185 1448368 1343479 4961286 4901556 -2953932 9176119 50064126 57947210 1076838 1023154 48987288 56924056 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. false false 3137462 2276868 NEW COLLEGE FOUNDATION FUNDING IS PROVIDED FOR ACADEMIC CHAIRS, PROFESSORSHIPS AND FACULTY SALARIES, ALLOWING NEW COLLEGE OF FLORIDA TO ATTRACT FACULTY OF THE HIGHEST CALIBER AND REPUTATION. ALL CLASSES ARE TAUGHT BY FACULTY WITH A PH.D. OR EQUIVALENT DEGREE. FOUNDATION FUNDING ALSO SUPPORTS INNOVATIVE FACULTY RESEARCH AND DEVELOPMENT WHICH LIES AT THE HEART OF ACADEMIC LEADERSHIP. 418960 418960 NEW COLLEGE FOUNDATION SUPPORTS FACULTY, STAFF AND STUDENTS AT NEW COLLEGE AND WORKS WITH COMMUITY MEMBERS AND GROUPS ON ISSUES WHICH THE ARTS AND HUMANITIES BEAR. TO CONTINUE TO CULTIVATE DONOR RELATIONSHIPS, NEW COLLEGE FOUNDATION ALSO SUPPORTS OTHER NONPROFIT ORGANIZATIONS. 412783 412783 3500 The New College Foundation provides scholarship support to New College students, helping them to attend New College of Florida. The financial support the students receive allows them to experience a personalized approach to their education and enables these academically talented students to thrive and realize their full potential, preparing them to assume leadership roles in their scholarly, civic, artistic, and commercial endeavors. 3969205 true true false true false false false false false true true false false false true true true false false false false false false false true false false true false true false false false false false false false false false false true false false false false true false false false false true 47 0 true 10 true false false false false false true true false false false false false false X 17 16 false false false false false false false true true false false false false true true true true true true true false false FL X X The Organization 9414874801 5800 Bay Shore Road Sarasota FL 342432109 Adam Kendall Chair 1.0 X X 0 0 0 Christie Fitz-Patrick Treasurer; Chief of Staff New College 1.0 39.0 X X 0 206708 40296 James McDonald Vice Chair 1.0 X X 0 0 0 JJ Fermin Miranda Secretary 1.0 X X 0 0 0 Alicja AJ Janson Director 1.0 X 0 0 0 Brian McCarthy Director 1.0 X 0 0 0 David Smith Director 1.0 X 0 0 0 Debra Jenks Director 1.0 X 0 0 0 Dr Lance Karp Director 1.0 X 0 0 0 Elizabeth Moore Director 1.0 X 0 0 0 Eric Robinson Director 1.0 X 0 0 0 Greg Douglas Director 1.0 X 0 0 0 Joshua Ingram Director 1.0 X 0 0 0 Mary Gratehouse Director 1.0 X 0 0 0 Mike Rahn Director 1.0 X 0 0 0 Rob Bilott Director 1.0 X 0 0 0 Stuart Clarry Director 1.0 X 0 0 0 Sydney Gruters NCF Executive Director 40.0 X 201000 0 69385 201000 206708 109681 1 false true false Sarasota Restaurant Enterprises Inc dba Michael's on East 1212 East Ave S Sarasota FL 34239 Catering 135867 Ballard Partners Inc 201 East Park Avenue 5th Fl Tallahassee FL 32301 Lobbying and Public Affairs 120000 Oak Strategies LLC 1845 East Parkway Suite 6 Fleming Island FL 32003 Lobbying and public affairs 120000 Capital City Consulting LLC 101 E College Ave Suite 502 Tallahassee FL 32301 Lobbying and public affairs 110504 1 378074 5379437 45352 5757511 RENTAL INCOME 531110 3500 3500 0 0 0 0 3500 779090 779090 0 0 40802076 33267505 83 7534571 -83 7534488 7534488 203037 378074 208994 -5957 -5957 OTHER INCOME 900003 9043 9043 0 0 0 0 9043 14077675 3500 0 8316664 3108611 3108611 284913 151046 85982 47885 164553 110213 21647 32693 14968 14968 32000 32000 418960 418960 331637 331637 112222 0 11580 100642 146432 101675 44301 456 40022 1693 34699 3630 69939 8578 17961 43400 27322 14680 12642 2785 2035 750 14786 8793 5922 71 14100 14100 60460 60460 29923 6807 23116 DUES AND SUBSCRIPTIONS 27923 22014 3501 2408 0 0 0 0 4901556 3969205 701166 231185 1048922 421170 3266706 5869977 81015 78962 0 0 0 0 84657 44458 2074522 1064841 1055899 1009681 38601001 50522962 5925926 0 0 0 50064126 57947210 190611 401558 477336 221504 0 0 312960 304234 95931 95858 1076838 1023154 X 1773834 1980195 47213454 54943861 48987288 56924056 50064126 57947210 X 9176119 -1208843 -30508 X X false true true false X 6205479 2333619 3167610 2376290 5757511 19840509 0 0 6205479 2333619 3167610 2376290 5757511 19840509 5086783 14753726 539097 495266 586441 958307 779090 3358201 0 39710 50963 28828 16005 9043 144549 23343259 3500 0.63203 0.51926 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - 39710.0, COLUMN B - 50963.0, COLUMN C - 28828.0, COLUMN D - 16005.0, COLUMN E - 9043.0, COLUMN F - 144549.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 418960 418960 418960 418960 4482596 4482596 4901556 4901556 395078 395078 98769 98769 0 0 23882 23882 true 416464 446938 398064 395078 1656544 2484816 107365 113059 259456 418960 898840 104116 111735 99516 98769 414137 621205 0 0 0 0 0 44526927 200100 9323506 3527571 50522962 42430336 552100 3215264 1670773 44526927 39606063 1142107 5256792 3574626 42430336 48533782 42825 -5123300 3847244 39606063 38330041 459195 12925370 3180824 48533782 0.2239 0.7135 0.0626 false false 421832 421832 1520611 950575 570036 132079 114266 17813 1009681 Federal Income Taxes FUNDS HELD ON BEHALF OF OTHERS 21777 LIABILITIES UNDER TRUST AGREEMENTS 74081 95858 X 13662341 -1208843 946660 178486 -83697 13746038 331637 0 331637 14077675 5725573 946660 208994 1155654 4569919 331637 0 331637 4901556 Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION'S ENDOWMENT FUNDS ARE TO BENEFIT NEW COLLEGE OF FLORIDA. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is generally exempt from federal income and state income taxes under Section 501(c)(3) of the Internal Revenue Code and comparable state law. The Foundation is required to pay income taxes on the excess of revenues derived from activities unrelated to the tax exempt purpose of the Foundation over the related expenses. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in value of Trust Annuity - -30508 Special event expenses - 208994 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special event expenses - 208994 Clambake 365933 226046 139887 13997 83079 35120 45545 Socratic 91392 35821 55571 8109 16550 450 6144 1 123786 116207 7579 581111 378074 203037 22106 99629 35570 51689 208994 -5957 true New College of Florida 5800 Bay Shore Road Sarasota FL 34243 900057281 Govt 3108611 To support New College of Florida via scholarships, education programs, and faculty training 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Only current students of New College are awarded scholarships from New College Foundation. These scholarships and students are monitored by the New College Financial Office. Grants are awarded to New College faculty members and are paid directly to the business office of the college. X X false false false false false false false false false Christie Fitz-Patrick Treasurer; Chief of Staff New College 0 201000 0 0 0 5708 0 18500 0 21796 0 247004 0 0 Sydney Gruters NCF Executive Director 201000 0 0 0 0 0 69385 0 0 0 270385 0 0 0 2 9500 Market value X Auction Items 12 35852 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - Number of contributions Other - Auction Items Number of contributions Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION TO SUPPORT THE PRIORITIES OF NEW COLLEGE OF FLORIDA BY CULTIVATING AND STEWARDING DONORS AND MANAGING ASSETS. Form 990, Part III, Line 1 DESCRIPTION OF ORGANIZATION MISSION 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. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ANNUAL AUDIT WAS CONDUCTED BY AN INDEPENDENT CPA FIRM. THE FIRM PRESENTED THE AUDIT REPORT TO THE AUDIT COMMITTEE AND PROVIDED THE OPPORTUNITY FOR FEEDBACK AND QUESTIONS WITH COMMITTEE MEMBERS. THE AUDIT COMMITTEE VOTED TO RECOMMEND THE AUDIT TO THE FULL BOARD. THE AUDIT WAS PRESENTED TO THE FULL BOARD AND A MOTION WAS MADE AND APPROVED TO APPROVE THE AUDIT AND TO FILE THE 990 BASED ON THE AUDITED FINANCIAL DATA. THE 990 IS REVIEWED AND APPROVED BY THE CHAIR OF THE NEW COLLEGE FOUNDATION BOARD OF DIRECTORS. Form 990, Part VI, Line 12c Conflict of interest policy A NEW CONFLICT OF INTEREST STATEMENT IS REQUIRED TO BE COMPLETED AND SIGNED BY ALL BOARD MEMBERS ANNUALLY. THESE FORMS ARE AVAILABLE FOR REVIEW UPON REQUEST OF THE CHAIR OF THE BOARD OF DIRECTORS. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED AND RECOMMENDED BY THE PRESIDENT OF NEW COLLEGE OF FLORIDA. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ARE REVIEWED AND RECOMMENDED BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE PRESIDENT OF THE COLLEGE. IN BOTH CASES, COMPARATIVE DATA, STATE OF FLORIDA SALARY GUIDELINES, AND INDUSTRY STANDARDS ARE USED IN THE DECISION-MAKING PROCESS. Form 990, Part VI, Line 15b Process to establish compensation of other employees COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ARE REVIEWED AND RECOMMENDED BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE PRESIDENT OF THE COLLEGE. IN BOTH CASES, COMPARATIVE DATA, STATE OF FLORIDA SALARY GUIDELINES, AND INDUSTRY STANDARDS ARE USED IN THE DECISION-MAKING PROCESS. Form 990, Part VI, Line 19 Required documents available to the public ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF TRUST AGREEMENTS - -30508; Total - -30508; Form 990, Part XII, Line 2c Change of oversight process or selection process THE AUDIT COMMITTEE REVIEWED AND APPROVED THE DRAFT AUDIT AND RECOMMENDED FOR FULL BOARD APPROVAL PRIOR TO ISSUANCE. NEW COLLEGE OF FLORIDA 5800 BAY SHORE ROAD SARASOTA FL 34243 900057281 EDUCATION FL 501(c)(1) false Charitable Remainder Unitrust - 1 Trust FL New College Trust true false true false false false false false false false true false false false true true true true false false