NewCo Foundation

What NewCo Foundation does

NewCo Foundation is a 501(c)(3) non-profit corporation founded in 2017 by entrepreneurs Dawn and Dave Gross, headquartered in Camarillo, California. The foundation operates as a philanthropic vehicle that incubates ideas, products, services, and companies by funding programs in three core areas: youth entrepreneurship, special-needs support, and community/startup-ecosystem development. It serves high school students in Ventura County through paid, on-campus, student-led enterprise internships delivered via the Student-Led Enterprise (SLE) program and the NextGen Ventures apprenticeship led by Dr. Tiffany Morse. It also administers three annual scholarship funds ($200,000 total) through the Ventura County Community Foundation — StepUp ($50,000 for special-needs students), Young Entrepreneurs ($50,000), and Progressive Civic Leadership ($100,000) — and has provided more than $1 million to Miracle League of the 805 for the construction of Friendship Field and ongoing programs serving visually impaired and other-abled individuals.

The foundation's business model is non-commercial. There is no product, service, or platform sold; the organization generates no revenue, with all activity funded by philanthropic capital from its founders. Distribution is achieved through direct partnerships with six Ventura County school districts (VCSSFA, Ojai USD, Oxnard Union, Conejo USD, Simi Valley USD, Ventura USD), California Lutheran University, the Ventura County Office of Education, and a network of regional and national special-needs organizations including the National Braille Institute, National Braille Press, Eye Shine, and the Connecticut Board of Education Services for the Visually Impaired. The foundation is also a lead sponsor of the Cal Lutheran New Venture Fair and co-sponsors regional hackathons, with select event sponsorship extending to the Philippines. Headcount is 1–10, and the organization has no disclosed subsidiaries, no funding rounds, and no M&A activity.

The foundation has no technology stack, proprietary platform, or AI/ML capabilities; its core technology is "not applicable" per the input. Its competitive position rests on an embedded regional partnership network, founder reputation, and the on-campus delivery model rather than any scalable product. The foundation's growth is best measured in programmatic reach (hundreds of high school interns) and cumulative philanthropic deployment (millions of dollars across special-needs and youth-entrepreneurship programs in Ventura County since inception), with Dr. Tiffany Morse noted as having raised $25 million for Ventura County schools during her prior career in education.

Name

NewCo Foundation

Legal name

NewCo Foundation

Website

https://www.newco.foundation/

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

NewCo Foundation is a 501(c)(3) non-profit founded in 2017 by entrepreneurs Dawn and Dave Gross, funding youth entrepreneurship, special-needs support, and community programs in Ventura County, California through student-led enterprise initiatives and scholarships administered via the Ventura County Community Foundation.

Ownership category

akta.pro rank

Product category

Non-Profit Foundation Programs

NAICS

Grantmaking and Giving Services (81321), Civic and Social Organizations (813410)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Scholarship & Fellowship Foundations and Trusts (EDADAHAC), College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

Keywords

• Philanthropic education programs
• Student entrepreneurship initiatives
• Scholarship fund administration
• Special needs funding
• Non-profit community grants

Headquarters

HQ city

Camarillo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales

Revenue model

1. Philanthropic Giving and Program Funding: As a 501(c)(3) non-profit organization, NewCo Foundation generates no commercial revenue. The foundation operates through the philanthropic capital contributed by founders Dawn and Dave Gross following successful startup companies and venture capital investments. Funds are distributed through scholarships, program sponsorships, and direct grants to supported organizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NewCo Foundation is a 501(c)(3) non-profit that delivers paid entrepreneurial internship programs for high school students (Student-Led Enterprise program and NextGen Ventures) across Ventura County high schools. It also administers three scholarship funds through the Ventura County Community Foundation ($50,000 annually each for special-needs students and young entrepreneurs; $100,000 annually for progressive civic leadership) and provides grants to regional and national organizations supporting visually impaired and other-abled individuals.

Product overview

NewCo Foundation is a 501(c)(3) non-profit organization that operates as a unified portfolio of educational giving programs, not a technology product company. The foundation's core offerings consist of the Student-Led Enterprise (SLE) Program and NextGen Ventures (entrepreneurial apprenticeship), which together provide high school students with paid internship opportunities to build campus-based businesses. These programs are supplemented by three scholarship initiatives—StepUp ($50,000 annual for special-needs students), Young Entrepreneurs ($50,000 annual), and Progressive Civic Leadership ($100,000 annual)—all administered through the Ventura County Community Foundation.

Differentiator

Problem solved

Functional benefit

Brands

• Student-Led Enterprise (SLE): On-campus student-led enterprise programs providing high school students in Ventura County with the opportunity, platform, and funding to participate in paid entrepreneurial internships.
• StepUp Scholarship
• Young Entrepreneurs Scholarship
• Progressive Civic Leadership Scholarship

Products and services

• Student-Led Enterprise (SLE) Program On-campus entrepreneurship program providing high school students in Ventura County with paid internships, hands-on experience building student-led enterprises, and mentorship in product design, marketing, and budgeting.
• NextGen Ventures Entrepreneurial apprenticeship initiative led by Dr. Tiffany Morse providing experiential learning through operating campus-based businesses, with technical, leadership, and communication skills training within an operating business environment for Ventura County high school students.
• StepUp Scholarship A $50,000 annual scholarship fund for Ventura County special-needs students, administered by the Ventura County Community Foundation.
• Young Entrepreneurs Scholarship A $50,000 annual scholarship fund for Ventura County students who are young entrepreneurs, administered by the Ventura County Community Foundation.
• Progressive Civic Leadership Scholarship A $100,000 annual scholarship fund for Ventura County students pursuing a career in public service with an intent to benefit society through progressive civic leadership, administered by the Ventura County Community Foundation.

Quantifiable outcome

• Hundreds of high school students have gained hands-on entrepreneurial experience through student-led enterprise programs
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Ventura County Community FoundationcoreStrategic or Co-development PartnerAdministers all three NewCo Foundation scholarship programs: $50,000 annual special-needs student scholarship, $50,000 annual young entrepreneur scholarship, and $100,000 annual progressive civic leadership scholarship. This partnership enables professional fund management and expanded reach.
• California Lutheran UniversitycoreStrategic or Co-development PartnerNewCo Foundation is a lead sponsor of the annual California Lutheran University New Venture Fair, supporting startup ecosystem development in the region.
• Ventura County School DistrictscoreStrategic or Co-development PartnerPartnership with multiple Ventura County school districts including VCSSFA, Ojai USD, Oxnard Union, Conejo USD, Simi Valley USD, and Ventura USD to deliver student-led enterprise programs on high school campuses.
• Ventura County Office of EducationminorStrategic or Co-development PartnerCo-sponsored hackathon events with VCOE to promote technology and entrepreneurship among students.
• Miracle League of the 805coreStrategic or Co-development PartnerNewCo Foundation provided over $1 million to enable construction of Friendship Field and support ongoing programs for special needs individuals.
• Eye ShineminorOthersRegional organization providing support for visually impaired individuals, supported by NewCo Foundation funding.
• National Braille InstituteminorOthersNational organization providing essential support for visually impaired individuals, supported by NewCo Foundation funding.
• National Braille PressminorOthersNational organization supported by NewCo Foundation for special needs population support.
• Connecticut Board of Education Services for the Visually ImpairedminorOthersState educational services organization supported by NewCo Foundation for special needs population support.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Network for Teaching Entrepreneurship (NFTE): National nonprofit that delivers entrepreneurship education programs to high school students from low-income communities. Highly comparable to NewCo's Student-Led Enterprise and NextGen Ventures model in terms of target audience, pedagogy, and outcomes.
• Junior Achievement: Long-standing nonprofit providing K-12 work readiness, entrepreneurship, and financial literacy programs. Operates student-led enterprise components in schools nationally, directly comparable in mission and delivery model.
• Ashoka: Global nonprofit supporting social entrepreneurs, including youth changemaker programs in schools. Comparable to NewCo in its emphasis on youth-driven entrepreneurship and venture-style programming.
• Ventura County Community Foundation: Regional community foundation that administers NewCo's three scholarship funds and serves the same Ventura County geography. Comparable as a grantmaking vehicle, though broader in cause areas and more established as a funder of last resort.

Broad incumbents

• Ewing Marion Kauffman Foundation: Major national foundation focused on entrepreneurship education and ecosystem building. Much larger and broader in scope than NewCo, but pursues the same underlying thesis of entrepreneurship as a driver of individual and community outcomes.
• California Community Foundation: Large state-level community foundation administering scholarship, grant, and donor-advised programs across California. Operates at a much larger scale but models the same grantmaking-plus-scholarship structure NewCo uses through VCCF.
• 4-H (National 4-H Council): National youth development organization delivering hands-on, experiential learning programs including entrepreneurship and STEM tracks in schools and communities. Comparable to NewCo's experiential entrepreneurship curriculum and youth-development mission.

Regional players

• Boys & Girls Club of Camarillo: Local youth development organization listed as a NewCo partner that operates in the same Ventura County geography with overlapping youth-development mission. Comparable as a regional nonprofit serving the same demographic.

Emerging players

• DreamSpring: Nonprofit small-business lender and entrepreneurship support organization that combines capital, mentoring, and education for aspiring entrepreneurs. Comparable to NewCo's young-entrepreneur scholarship and SLE programs in supporting early-stage entrepreneurship.

Others

• National Braille Institute: National organization providing services for the visually impaired and currently a NewCo grantee. Comparable as a beneficiary/partner rather than a competitor, but reflects the type of established special-needs organization that defines the foundation's giving scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/newco-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NewCo Foundation