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The Isidore Newman School Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262208265 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Isidore Newman School Foundation?

The Isidore Newman School Foundation is a nonprofit organization situated in New Orleans, Louisiana. Its primary goal is to support the Isidore Newman School by managing, developing, and investing an endowment fund exclusively for the school's benefit. This financial support aims to ensure the school's long-term prosperity and sustainability.

Is The Isidore Newman School Foundation legitimate?

The Isidore Newman School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Isidore Newman School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Isidore Newman School Foundation?

The Isidore Newman School Foundation's mission is to support the Isidore Newman School by managing, developing, and investing an endowment fund exclusively for the school's benefit. The primary goal of the foundation is to enhance the educational experience and resources available at the school. By administering this fund, the foundation aims to contribute to the school's long-term sustainability and growth. The foundation's activities are focused on benefiting the Isidore Newman School solely, ensuring its continued success and academic excellence.

Who is the CEO of The Isidore Newman School Foundation?

H Merritt Lane Iii is the CEO of The Isidore Newman School Foundation The CEO's salary of The Isidore Newman School Foundation is $0 and their total compensation is $0.

What is the revenue of The Isidore Newman School Foundation?

The Isidore Newman School Foundation's revenue in 2023 was $3,067,056.

Who are the executives of The Isidore Newman School Foundation and what are their salaries?

Here are 17 key members and their salaries (The Isidore Newman School Foundation's CEO's salary is $0 and their total compensation is $0):


Valerie Besthoff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Y Fishman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herman S Kohlmeyer Jr (Chairman Of The Foundation)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Merritt Lane Iii (President Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Hunter Pierson Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry J Blumenthal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl D Berger Sr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tripp Friedler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Goldring (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Saer (Vice President Investments)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter E Sperling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey M Stone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irving Warshauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Weiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Alcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Good (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Isidore Newman School Foundation?

The Isidore Newman School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Isidore Newman School Foundation

The Isidore Newman School Foundation is dedicated to supporting its namesake institution, The Isidore Newman School. This support extends to administering, developing, and investing an endowment fund exclusively for the benefit of the school. The mission of this organization is to ensure the school's long-term financial sustainability and enhance its educational offerings, ultimately contributing to the betterment of the students and the wider community. By managing and growing the endowment fund, The Isidore Newman School Foundation aims to provide a reliable source of funding for the school, enabling it to continue its mission of providing high-quality education.

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Impact




October, 2024

The Isidore Newman School Foundation significantly enhances the educational experience at Isidore Newman School by managing and growing an endowment fund dedicated solely to the institution. This financial stewardship enables the school to provide robust resources and support for its programs, catering to the diverse needs of its students and faculty. The foundation's commitment allows for enhanced academic offerings, scholarships, and facilities improvements, ensuring that the school can maintain its high standards of education and adapt to future challenges. By investing in the school's long-term sustainability, the foundation plays a critical role in fostering an environment where students can thrive academically, socially, and personally in New Orleans.




This information is meant to be a general summary of The Isidore Newman School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,067,056 (2023)
Expenses
$2,374,876 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $797,952
  • Gross Receipts: $13,909,771

Assets and Liabilities:

  • Total Assets: $51,467,441
  • Total Liabilities: $395,328
  • Net Assets: $51,072,113

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Organization Details

Founding Year

2008

Principal Officer

H Merritt Lane Iii

NTEE Category

Code: B11 - Education

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