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Common Fund for NON-Profit Organizations

Public charity990-T FY2023
DBA: % JONATHAN SPONGBERG
Community Development · WILTON, CT · EIN 23-7037968

About

Mission statement to enhance the financial resources of educational organizations (defined under section 170(b)(1)(a)(II) and (IV) of the internal revenue code of 1986, as amended (the "IRC")) and to help them improve investment management practices. Commonfund pursues its mission through the delivery of (1) investment programs designed to generate long-term superior investment performance; (2) insight and educational programs that promote the sharing of BEST practices for nonprofits; and (3) service based on an in-depth understanding of client needs. Commonfund believes that strong financial resources will serve as the underpinning that enables it to implement its mission.

In care of Jonathan Spongberg

Donations are tax-deductible
Category
Community Development
Employees
67
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$306.9M
Expenses
$31.3M
Assets
$3.5B
Liabilities
$127.3M

Financial history

$436.3M$218.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $306.9M · Peak FY2017: $436.3M · Avg: $324.4M

Foreign activity (Schedule F)

Total spent abroad$705.6M
Foreign employees5
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean
North America
East Asia and the Pacific
Europe (Including Iceland and Greenland)
Middle East and North Africa
Russia and the Newly Independent States
South America
South Asia
North America
Europe (Including Iceland and Greenland)
South Asia

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

COMMON FUND FOR NON-PROFIT ORGANIZATIONS
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Address

15 Old Danbury Road
Wilton, CT, 06897-250

Governance

Voting board members9
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compYes
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.