Public Charity

THE NEW COMMON SCHOOL FOUNDATION

THE NEW COMMON SCHOOL FOUNDATION is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $7.2M revenue, $7.3M expenses, $44.2M total assets. 35 publicly reported grants to this organization, totaling roughly $2.9M, appear in IRS filings.

EIN: 383326860 DETROIT, MI Student Services NTEE: B80 Latest filing: 2024
Total Revenue$7.2M
Total Expenses$7.3M
Total Assets$44.2M
Grant Records35
Funding Total$2.9M
Filing Years2019–2024

Mission

THE FOUNDATION'S PURPOSE IS TO EXPLORE THE PROMOTION OF EXCELLENCE IN EDUCATION, BOTH PUBLIC AND PRIVATE, WITH THE EXPANDED USE OF VOLUNTEERS AND TUTORS, THE DEVELOPMENT OF FUNDING SOURCES, THE TRANSFORMATION OF TEACHING AND LEARNING, THE FORMATION OF CHARACTER IN THE JESUIT TRADITION OF HOLINESS, AND SEEKING EFFORTS TO DEVELOP ONE OR ALL OF WHAT THE REV. DR. MARTIN LUTHER KING CALLED THE THREE DIMENSIONS OF THE COMPLETE LIFE, ALONE IN OR IN PARTNERSHIP WITH SECULAR AND RELIGIOUS ORDERS. FURTHER TO PROMOTE DIRECT GRANTS, CONTRIBUTIONS, LOANS AND/OR OTHER FUND ASSISTANCE TO LOCAL AND NATIONAL RELIGIOUS ORGANIZATIONS, NONPROFIT ORGANIZATIONS AND TO PUBLIC CHARTER SCHOOL MANAGEMENT COMPANIES TO ACCOMPLISH THE FOREGOING; AND TO RECEIVE AND ADMINISTER FUNDS FOR SUCH PURPOSES.

Where $100 goes at The New Common School Foundation

How The New Common School Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$12 Management running the organization
$8 Fundraising raising the next dollar

Inside the $80 for programs

$80
The New Common School Foundation (the foundation) is helping to research, develop, create, and support a new common school for public school students
All program spending · Reported in the filing: 2,500 students
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Carol Mansfield
CHAIRMAN Jeffrey T Neilson
DIRECTOR OF FINANCE Mary Ann Johnson
PRESIDENT/TREASURER W Clark Durant Iii

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,723,753 12 grants
General Support
$815,494 17 grants
Human & Social Services
$11,000 1 grant
Unspecified
$379,500 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.2M $7.3M $44.2M
2023 $5.2M $4.2M $45.3M
2022 $7.0M $5.3M $44.4M
2020 $3.3M $3.6M $33.4M
2019 $8.6M $3.1M $33.4M

Between 2019 and 2024, reported annual revenue declined from $8.6M to $7.2M (-16%), with total assets most recently reported at $44.2M.

Interactive year-over-year charts and full filing details available with membership.

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