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Nonprofit · EIN 23-7037968

COMMON FUND FOR NON-PROFIT ORGANIZATIONS

Tax-exempt · WILTON, CT 06897

Financials

$306.9M$31.3M2022$173.6M$37.5M2023$288.7M$40.1M2024
Revenue Expenses · by fiscal year end
Financials of COMMON FUND FOR NON-PROFIT ORGANIZATIONS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$288,654,386$40,083,244$248,571,142$3,733,234,804$182,996,258$3,550,238,546
June 30, 2024990$173,624,993$37,541,419$136,083,574$3,563,355,822$84,920,286$3,478,435,536
June 30, 2023990$306,918,859$31,341,280$275,577,579$3,520,694,647$127,280,016$3,393,414,631
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,185,023
Investment income
$257,399,520
Net gain from sales of assets
$200,085,195
Other revenue
$26,069,843

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$5,227,230
Other salaries and wages
$11,995,386
Salaries, compensation and benefits (total)
$20,065,333
Professional fundraising fees
$0
Legal fees
$188,304
Accounting fees
$199,467
Occupancy
$1,725,846
Travel
$587,574
Depreciation
$36,981
Program services (functional)
$40,083,244

Balance sheet and other

Total assets, start of year
$3,563,355,822
Total assets, end of year
$3,733,234,804
Total liabilities, end of year
$182,996,258
Net assets, end of year
$3,550,238,546
Land, buildings and equipment
$602,272
Gross receipts
$1,450,165,950
Employees
72
Volunteers
0
Year formed
1955
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Mark JP AnsonTrustee (ex-officio)
Trustee or director
3$0$3,599,780$300,365
Sharad SamySecretary and Gen Counsel
Officer
40$1,057,843$0$141,979
Dana MoreauChief Financial Officer & COO
Officer
40$1,021,443$0$141,979
Anthony IaleggioChief Marketing Officer
Highest-paid employee
40$586,963$0$102,935
Elaine Mizer PaulsenChief Human Resources Officer
Key employee
40$509,543$0$129,479
Seth ThomsonAssistant Secretary
Officer
40$525,547$0$91,979
Amy P HarlackerManaging Director
Highest-paid employee
40$469,986$0$129,479
David S YoungManaging Director
Highest-paid employee
40$433,379$0$104,479
Brian RondeauChief Risk officer
Highest-paid employee
40$407,277$0$91,979
Violetta CerasuoloChief Compliance Officer
Highest-paid employee
40$397,828$0$54,479
David A ThomasTrustee (Chair)
Trustee or director
3$225,000$0$0
Celeste R BaroneEVP & CFO (UNTIL 10/5/20)
Former
0$0$203,479$0
Mamak ShahbaziTrustee (Until 6/1/2025)
Trustee or director
3$175,000$25,000$0
Kent D DanielTrustee
Trustee or director
3$150,000$25,000$0
Nicole S ArnaboldiTrustee
Trustee or director
3$175,000$0$0
4 more people on this return
NameTitleHours / weekCompensationFrom related orgs
Tobias J MoskowitzTrustee
Trustee or director
3$175,000$0
Jessica H BrennanTrustee
Trustee or director
3$150,000$25,000
Michael J WarrenTrustee
Trustee or director
3$150,000$0
Susan ManskeTrustee
Trustee or director
3$150,000$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK JP ANSONTRUSTEE (EX-OFFICIO)
Trustee or director
3$0$3,583,490$290,032
SHARAD SAMYSECRETARY & GEN COUNSEL
Officer
40$1,050,267$0$135,421
DANA MOREAUCHIEF FINANCIAL OFFICER & COO
Officer
40$1,007,555$0$135,421
ANTHONY IALEGGIOCHIEF MARKETING OFFICER
Highest-paid employee
40$563,837$0$96,377
ELAINE MIZER PAULSENCHIEF HUMAN RESOURCES OFFICER
Key employee
40$505,449$0$122,921
SETH THOMSONASSISTANT SECRETARY
Officer
40$519,421$0$85,421
AMY P HARLACKERMANAGING DIRECTOR
Highest-paid employee
40$426,889$0$122,921
VIOLETTA CERASUOLOCHIEF COMPLIANCE OFFICER
Highest-paid employee
40$505,261$0$28,121
DAVID S YOUNGMANAGING DIRECTOR
Highest-paid employee
40$427,331$0$97,921
BRIAN RONDEAUCHIEF RISK OFFICER
Highest-paid employee
40$406,101$0$85,421
DOUGLAS T BREEDENTRUSTEE(CHAIR)(UNTIL 12/31/23)
Trustee or director
3$205,000$0$0
MAMAK SHAHBAZITRUSTEE, VICE CHAIR
Trustee or director
3$167,500$25,000$0
CELESTE R BARONEEVP & CFO (UNTIL 10/5/20)
Former
0$0$177,782$0
NICOLE S ARNABOLDITRUSTEE
Trustee or director
3$167,500$0$0
DAVID A THOMASTRUSTEE (CHAIR)(FROM 01/01/24)
Trustee or director
3$167,500$0$0
JESSICA H BRENNANTRUSTEE
Trustee or director
3$142,500$6,250$0
MICHAEL J WARRENTRUSTEE
Trustee or director
3$142,500$0$0
KENT D DANIELTRUSTEE
Trustee or director
3$142,500$0$0
TOBIAS J MOSKOWITZTRUSTEE
Trustee or director
3$142,500$0$0
SUSAN MANSKETRUSTEE (FROM 01/01/2024)
Trustee or director
3$0$0$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK JP ANSONTRUSTEE (EX-OFFICIO)
Trustee or director
3$0$3,989,856$162,242
SHARAD SAMYSECRETARY & GEN COUNSEL
Officer
40$1,082,467$0$84,688
DANA MOREAUCHIEF FINANCIAL OFFICER & COO
Officer
40$1,024,475$0$84,688
ANTHONY IALEGGIOCHIEF MARKETING OFFICER
Highest-paid employee
40$565,113$0$65,938
ELAINE MIZER PAULSENCHIEF HUMAN RSRCES OFFICER
Key employee
40$499,987$0$78,438
SETH THOMSONASSISTANT SECRETARY
Officer
40$504,032$0$59,688
DAVID S YOUNGMANAGING DIRECTOR
Highest-paid employee
40$430,478$0$65,938
AMY P HARLACKERMANAGING DIRECTOR
Highest-paid employee
40$411,551$0$78,438
BRIAN RONDEAUCHIEF RISK OFFICER
Highest-paid employee
40$397,000$0$59,688
LAMBRINA MATHEWSCCO & ASSOCIATE GEN COUNSEL
Highest-paid employee
40$380,043$0$55,992
CELESTE R BARONEEVP & CFO (UNTIL 10/5/20)
Former
0$0$303,135$0
DOUGLAS T BREEDENTRUSTEE, CHAIR
Trustee or director
3$185,000$0$0
MICHAEL J WARRENTRUSTEE, VICE CHAIR
Trustee or director
3$160,000$0$0
ROBERT LITTERMANTRUSTEE (UNTIL 12/31/2022)
Trustee or director
3$160,000$0$0
NICOLE S ARNABOLDITRUSTEE
Trustee or director
3$160,000$0$0
MAMAK SHAHBAZITRUSTEE
Trustee or director
3$135,000$25,000$0
DAVID A THOMASTRUSTEE
Trustee or director
3$135,000$0$0
TOBIAS MOSKOWITZTRUSTEE
Trustee or director
3$135,000$0$0
JESSICA H BRENNANTRUSTEE
Trustee or director
3$135,000$0$0
KENT D DANIELTRUSTEE (FROM 01/01/2023)
Trustee or director
3$0$0$0

Address and contacts

Address (IRS master file)
15 OLD DANBURY ROAD, WILTON, CT 06897-2500
In care of
% JONATHAN SPONGBERG
Principal officer (990 for 2024)
DANA J MOREAU, 601 MERRITT 7 4TH FLOOR, NORWALK, CT 06851
Signed the 990
DANA MOREAU, COO/CFO
Phone
(203) 563-5000
Return prepared by
PwC US Tax LLP

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • THE COMMON FUND FOR NON-PROFIT ORGANIZATIONS ("COMMONFUND") IS A NON-PROFIT CORPORATION, EXEMPT UNDER SECTION 501(F) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED (THE "CODE"), FORMED TO ENABLE COLLEGES, UNIVERSITIES AND INDEPENDENT SCHOOLS TO JOIN TOGETHER IN OBTAINING PROFESSIONAL MANAGEMENT OF THEIR ENDOWMENTS AND LONG-TERM INVESTMENT FUNDS. PURSUANT TO SECTION 501(F) OF THE CODE, COMMONFUND IS ORGANIZED AND OPERATED SOLELY TO HOLD, COMMINGLE, AND COLLECTIVELY INVEST AND REINVEST THE MONEY CONTRIBUTED BY ITS MEMBER SCHOOLS IN STOCKS AND SECURITIES TO COLLECT INCOME THEREFROM AND TO TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO ITS MEMBER SCHOOLS.
    Expenses $40,083,244 · revenue $288,654,386

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7037968
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,733,234,804
Income (IRS master file)
$1,450,165,950

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$288,654,386$40,083,244$3,733,234,804IRS
990-TJune 2025–––IRS
990June 2024$173,624,993$37,541,419$3,563,355,822IRS
990-TJune 2024–––IRS
990June 2023$306,918,859$31,341,280$3,520,694,647XML
990-TJune 2023–––IRS
990June 2022$356,693,263$30,050,008$3,612,947,637IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7037968).

Questions about COMMON FUND FOR NON-PROFIT ORGANIZATIONS

What is the EIN of COMMON FUND FOR NON-PROFIT ORGANIZATIONS?
The employer identification number (EIN) of COMMON FUND FOR NON-PROFIT ORGANIZATIONS is 23-7037968.
Is COMMON FUND FOR NON-PROFIT ORGANIZATIONS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to COMMON FUND FOR NON-PROFIT ORGANIZATIONS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMON FUND FOR NON-PROFIT ORGANIZATIONS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COMMON FUND FOR NON-PROFIT ORGANIZATIONS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMON FUND FOR NON-PROFIT ORGANIZATIONS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COMMON FUND FOR NON-PROFIT ORGANIZATIONS?
The 990 for the year ended June 30, 2025 names DANA J MOREAU.
Who are the officers and directors of COMMON FUND FOR NON-PROFIT ORGANIZATIONS?
The 990 for the year ended June 30, 2025 lists 19 people; 17 received compensation from the organization.
How much revenue does COMMON FUND FOR NON-PROFIT ORGANIZATIONS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $288,654,386, expenses of $40,083,244 and total assets of $3,733,234,804 at year end.

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