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Ohio · Nonprofit

NEWARK CAMPUS DEVELOPMENT FUND

NEWARK CAMPUS DEVELOPMENT FUND (Ohio) receives grants from 22 organizations whose IRS filings report $15,460,763 to it, the largest being THE GILBERT REESE FAMILY FOUNDATION ($10,300,000). 14 of them have funded it in more than one year.

Revenue FY2025
$31M
Funders on record
22
Grants received
$15M
Net assets
$86M
14/22 repeat funderspeak grant-dependency 65%
01What it does

What Newark Campus Development Fund does

Mission

The mission of the Newark Campus Development Fund, a perpetual, locally controlled source of funding, is to support the newark campus of the ohio state university and central ohio technical college by funding scholarships, grants, innovative projects and capital improvements that are not provided by any other state resource.

As stated on its FY2025 Form 990.

Program

  1. The Newark Campus Development Fund (ncdf) acts as a conduit for generous donors to assist the growing needs of the newark campus. Established in 1983, ncdf has provided more than $59 million in scholarships, grants and capital investments. Capital projects funded include the construction of the everett reese bell tower, the j gilbert reese technology center, the john and christine warner library and student center and the john and mary alford center for science and technology, as well as providing funds for technological equipment, parking, and campus beautification.the headcount at ohio state newark is 2,877 and 1,966 at cotc for autumn semester 2025. These students face increasing difficulties paying for books & tuition, juggling minimum wage jobs and college courses, as well as living expenses of young families. Unrestricted scholarship and grant funds help the most to meet the needs of students. The ncdf supports projects and scholarship needs that state and federal resources cannot.in the academic year ending on june 30, 2025, the ncdf funded 737 scholarships and 12 grants.

    $3,262,270 spentof which $3,209,142 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $3,262,270.

02The organization over time

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.

100 = 20172017 Revenue 100 ($3.0M) Expenses 100 ($1.4M) Net assets 100 ($43M)2018 Revenue 143 ($4.2M) Expenses 171 ($2.4M) Net assets 97 ($42M)2019 Revenue 166 ($4.9M) Expenses 363 ($5.0M) Net assets 104 ($45M)2020 Revenue 181 ($5.4M) Expenses 401 ($5.5M) Net assets 103 ($44M)2021 Revenue 254 ($7.5M) Expenses 333 ($4.6M) Net assets 129 ($56M)2022 Revenue 182 ($5.4M) Expenses 315 ($4.3M) Net assets 107 ($46M)2023 Revenue 190 ($5.6M) Expenses 394 ($5.4M) Net assets 106 ($45M)2024 Revenue 176 ($5.2M) Expenses 295 ($4.0M) Net assets 127 ($55M)2025 Revenue 1061 ($31M) Expenses 274 ($3.8M) Net assets 200 ($86M)
'17'18'19'20'21'22'23'24'25
Revenue (1061)Expenses (274)Net assets (200)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $55M to $86M (+57%).

$43M
$42M
$45M
$44M
$56M
$46M
$45M
$55M
$86M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 1% · 2022 1% · 2023 1% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

84% of NEWARK CAMPUS DEVELOPMENT FUND’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$1.6M
’17
$1.9M
’18
−$56k
’19
−$123k
’20
$3.0M
’21
$1.1M
’22
$239k
’23
$1.2M
’24
$28M
’25
6.2
months of
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.

Chief executive

Jennifer Roberts

Executive director

Board chair

Robert Montagnese

Chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed131313131415141515
Joined·+0+0+0+1+1+0+2+0
No longer listed·00000110
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 11 funders, grant income rose $230k → $3.5M.

7 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% 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 NEWARK CAMPUS DEVELOPMENT FUND’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

NEWARK CAMPUS DEVELOPMENT FUND leans on a few funders — its largest provides 67% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEWARK CAMPUS DEVELOPMENT FUND.

67%
largest funder
80%
top three
~2
effective funders

Largest funder’s share by year: 2017 87% · 2018 72% · 2019 31% · 2020 34% · 2021 46% · 2022 71% · 2023 71% — diversifying over time.

“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

50% of NEWARK CAMPUS DEVELOPMENT FUND's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

100% of NEWARK CAMPUS DEVELOPMENT FUND's grant income comes from Ohio funders.

OH
MO

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 6 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.

04Its place in the field

Against its field

NEWARK CAMPUS DEVELOPMENT FUND runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin88% · top quartile
Months of reserve6.2mo · above the median
Revenue growth (annualized)34% · top quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like NEWARK CAMPUS DEVELOPMENT FUND

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 Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 1%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

43%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for NEWARK CAMPUS DEVELOPMENT FUND: 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.

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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 NEWARK CAMPUS DEVELOPMENT FUND?
NEWARK CAMPUS DEVELOPMENT FUND (Ohio) receives grants from 22 organizations whose IRS filings report $15,460,763 to it, the largest being THE GILBERT REESE FAMILY FOUNDATION ($10,300,000). 14 of them have funded it in more than one year.
How many funders does NEWARK CAMPUS DEVELOPMENT FUND have?
IRS filings report 22 organizations giving $15,460,763 in grants to NEWARK CAMPUS DEVELOPMENT FUND, 14 of which have funded it in more than one year.
Who is the largest funder of NEWARK CAMPUS DEVELOPMENT FUND?
THE GILBERT REESE FAMILY FOUNDATION is the largest funder on record, with $10,300,000 in grants. The full list of funders is on this page.
How can an organization like NEWARK CAMPUS DEVELOPMENT FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 22 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 22, 2026. What this page cannot tell you · view filing