New College Foundation Salary

As of August 2026, the average annual salary for employees at New College Foundation in the United States is $81,958. This translates to an approximate hourly wage of $39. Salaries at New College Foundation typically range from $71,897 to $92,881 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at New College Foundation

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Is New College Foundation’s Pay Competitive? Salary Benchmarking Analysis

How does New College Foundation's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Hi Tech Investment Inc $89,299
+9.0%
Reflects structural premiums typical of Hi Tech Investment Inc's large-cap national operations.
Council for Supplier Diversity Inc $94,605
+15.4%
Supported by Council for Supplier Diversity Inc's high-margin contracts allowing higher overhead.
Pacific Mergers Acquisitions Inc $100,164
+22.2%
Reflects a supply-demand imbalance for the specific talent Pacific Mergers Acquisitions Inc targets.
Nu Level Equity $109,889
+34.1%
Driven by niche technical certifications required for Nu Level Equity's specialized projects.
Financial Services Industry $121,514
+48.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at New College Foundation

Considering a career at New College Foundation? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I’ve had access to great training programs and mentorship. It’s a stable, rewarding environment with a positive long-term outlook. Coworkers collaborate well and share knowledge. The learning culture is robust, with continuous training and leadership programs. Cultural awareness training is meaningful, not just checkbox compliance.
Spot bonuses reward exceptional work. Teams work seamlessly together, leveraging diverse expertise to solve complex financial challenges. The technology stack is cutting-edge, enabling us to deliver superior client solutions.
Leadership is respectful but maintains a formal, hierarchical structure. Training programs are provided but can be generic and infrequent. There are occasional team-building events, but mostly it’s a quiet, task-focused environment. Feedback loops are strong, and leadership prioritizes both performance and staff well-being. There is minimal team bonding, and innovation is often viewed as a risk. C...

New College Foundation Overview

Website
www.ncfmhc.org
Founded In
2006
Employees
<25 employees
Industry
Financial Services
Headquarter Address
134 E Church St Martinsville Virginia VA 24112
Revenue
<$5 Million
Phone Number
+1 2764034445
Social Media
About New College Foundation
Incorporated as a private foundation in Virginia in 2006, New College Foundation was established to support the New College Institute and all of its activities and endeavors.

What Benefits Does New College Foundation Offer Beyond Salary?

A competitive compensation package is more than just a salary. New College Foundation offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at New College Foundation.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from New College Foundation, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of New College Foundation salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of New College Foundation

1. What is the typical salary range (low to high) for most roles at New College Foundation?

The typical annual salary range for most roles at New College Foundation is approximately from $71,897 to $92,881. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does New College Foundation pay compared to Hi Tech Investment Inc?

The average annual salary at New College Foundation is $81,958, or an hourly wage of $39, in comparison to Hi Tech Investment Inc which pays $89,299 per year or $43 per hour.

3. Do salaries differ significantly between departments at New College Foundation?

Yes, salaries often differ between departments at New College Foundation due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at New College Foundation?

Experience level is a significant factor in determining salary at New College Foundation, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from New College Foundation in Richmond is fair given the local cost of living?

To determine if a salary offer from New College Foundation in Richmond is fair, first compare the gross salary to our data for similar roles at New College Foundation and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.

6. What factors influence salary increases at New College Foundation?

Salary increases at New College Foundation are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.