Connecticut · Nonprofit
NEW LONDON EDUCATION FOUNDATION
NEW LONDON EDUCATION FOUNDATION (Connecticut) receives grants from 13 organizations whose IRS filings report $568,138 to it, the largest being THE RACHAEL RAY FOUNDATION ($200,000). 5 of them have funded it in more than one year.
- Revenue FY2023
- $124k
- Funders on record
- 13
- Grants received
- $568k
- Net assets
- $667k
What New London Education Foundation does
Mission
To facilitate community and business partnerships with the new london public schools in new london, connecticut, to enrich public education, encourage student academic attainment, increase student-achievement initiatives, cultural awareness, professional development for faculty and staff, and comprehensive school improvement. In addition, the organization seeks to promote and initiate programs and opportunities that will enhance and improve public education, and acquire and distribute charitable funds through donations to provide students, teachers and staff with dynamic learning opportunities beyond the conventional resources of public schools.
As stated on its FY2021 Form 990.
Programs
The New London Education Foundation provides scholarships and awards to graduating new london high school seniors to assist them in defraying the educational costs associated with their post secondary education.
$47,116 spent71% of program spendingThe New London Education Foundation supports the new london public schools in a myriad of ways by providing grants to enhance its services to students and staff. Assisting with the purchase of school development are examples of the types of enhanced services the New London Education Foundation provides through its grants.
$18,992 spent29% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $66,108.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $500k to $608k (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
73% of NEW LONDON EDUCATION FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $35k → $23k.
2 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEW LONDON EDUCATION FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEW LONDON EDUCATION FOUNDATION leans on a few funders — its largest provides 35% of grant income and the top three 69%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 43% · 2018 48% · 2019 47% · 2020 87% · 2021 78% · 2022 91% · 2023 89% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
11% of NEW LONDON EDUCATION FOUNDATION's funders are still giving 3 years after their first grant; 38% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
NEW LONDON EDUCATION FOUNDATION draws 67% of its grant income from funders outside Connecticut, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $23k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEW LONDON EDUCATION FOUNDATION runs a healthier operating margin than three-quarters of the 21,636 education nonprofits its size.
this organization peer median middle 50% of peers· 21,636 education nonprofits $100k–$1M, FY2023
Organizations like NEW LONDON EDUCATION FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
86%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NEW LONDON EDUCATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW LONDON EDUCATION FOUNDATION?
- NEW LONDON EDUCATION FOUNDATION (Connecticut) receives grants from 13 organizations whose IRS filings report $568,138 to it, the largest being THE RACHAEL RAY FOUNDATION ($200,000). 5 of them have funded it in more than one year.
- How many funders does NEW LONDON EDUCATION FOUNDATION have?
- IRS filings report 13 organizations giving $568,138 in grants to NEW LONDON EDUCATION FOUNDATION, 5 of which have funded it in more than one year.
- Who is the largest funder of NEW LONDON EDUCATION FOUNDATION?
- THE RACHAEL RAY FOUNDATION is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
- How can an organization like NEW LONDON EDUCATION FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds New London Education →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing