FOUNDATION FOR NEWARK'S FUTURE INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR NEWARK'S FUTURE INC (EIN 27-3453412)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-10-22
- IRS object ID
- 201442959349300629
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-22T13:44:43-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232932984 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARENTEBEARD LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 MARKET STREET SUITE 4500 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273453412 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR NEWARK'S FUTURE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 9736391600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 PARK PLACE NO 604 | AddressLine1 |
| City | NEWARK | City |
| State | NJ | State |
| ZIP Code | 07102 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY MCLAIN | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9736391600 | PhoneNum |
| Signature | 2014-10-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIUS GREEN CPA | PreparerPersonNm |
| PTIN | P00350393 | PTIN |
| Phone | 2159720701 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KIMBERLY MCLAIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 PARK PLACE NO 604 | AddressLine1 |
| City | NEWARK | City |
| State | NJ | State |
| ZIP Code | 07102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,419,568 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FOUNDATIONFORNEWARKSFUTURE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TO CREATE A FOUNDATION FOR SYSTEMIC EDUCATIONAL REFORM WITHIN NEWARK, NJ. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $42,648,531 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,417,880 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,005 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,688 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $42,649,536 | PYTotalRevenueAmt |
| CY Total Revenue | $11,419,568 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $34,500,114 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,043,282 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,080,396 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $824,172 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,022,104 | PYOtherExpensesAmt |
| CY Other Expenses | $1,042,048 | CYOtherExpensesAmt |
| PY Total Expenses | $36,602,614 | PYTotalExpensesAmt |
| CY Total Expenses | $14,909,502 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,046,922 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,489,934 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,747,739 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,938,171 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,498,920 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,179,286 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,248,819 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,758,885 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO CREATE A FOUNDATION FOR SYSTEMIC EDUCATIONAL REFORM WITHIN NEWARK, NJ THAT RESULTS IN DEMONSTRABLE HIGH ACADEMIC AND DEVELOPMENTAL ACHIEVEMENT FOR ALL YOUTH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $10,574,506 | ExpenseAmt |
| Grant | $10,125,263 | GrantAmt |
| Desc | SCHOOL LEADERSHIP AND TEACHER QUALITY: THE FOUNDATION FOR NEWARK'S FUTURE SEEKS TO ENSURE THAT NEWARK HAS A TOP NOTCH POOL OF EDUCATOR TALENT FOR TEACHER AND LEADER ROLES IN THE CITY. THE MOST SIGNIFICANT INVESTMENT IN THIS AREA WAS FNF'S SUPPORT AND FUNDING OF THE LABOR CONTRACT BETWEEN NEWARK PUBLIC SCHOOLS AND THE NEWARK TEACHERS UNION. OTHER INITIATIVES IN THE SCHOOL LEADERSHIP AND TEACHER QUALITY PORTFOLIO INCLUDE THE TEACHER INNOVATION FUND FOR TEACHERS TO ACCESS RESOURCES FOR INNOVATIVE PROJECTS AND VARIOUS TEACHER AND PRINCIPAL PIPELINE PROGRAMS TO ENSURE A CONTINUOUS, ROBUST SUPPLY OF TOP TALENT IN THE CITY'S EDUCATION SYSTEM. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,312,802 | ExpenseAmt |
| Grant | $1,289,388 | GrantAmt |
| Desc | SCHOOL OPTIONS AND INNOVATIONS: THE ORGANIZATION SUPPORTS A VARIETY OF SCHOOL MODELS IN THE DISTRICT AND CHARTER SECTORS IN NEWARK. INVESTMENTS INCLUDE START-UP FUNDING AS WELL AS GRANTS FOR INNOVATIVE PROGRAMMING DESIGNED TO IMPROVE EXISTING SCHOOLS. THE FOUNDATION ALSO SUPPORTS VARIOUS EXTENDED LEARNING TIME PROJECTS ACROSS THE DISTRICT SCHOOLS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,026,814 | ExpenseAmt |
| Grant | $858,500 | GrantAmt |
| Desc | CITYWIDE PLANNING AND COORDINATION: THE FOUNDATION SPENDS A SIGNIFICANT AMOUNT OF RESOURCES WORKING IN PARTNERSHIP WITH VARIOUS EDUCATION ENTITIES AND STAKEHOLDERS IN A COLLECTIVE EFFORT TO IMPROVE THE CITY'S EDUCATIONAL SYSTEM. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $948,909 | ExpenseAmt |
| Grant | $770,131 | GrantAmt |
| Desc | OTHER PROGRAMS. OTHER STRATEGIC PRIORITIES FOR THE FOUNDATION INCLUDE EARLY CHILDHOOD EDUCATION, COMMUNITY ENGAGEMENT AND BUILDING, AND NEWARK PUBLIC SCHOOLS OPERATING EXCELLENCE.EARLY CHILDHOOD EDUCATION GOALS INCLUDE PARTNERING WITH LOCAL FOUNDATIONS TO COLLECTIVELY INVEST IN INITIATIVES THAT WILL PRODUCE SYSTEMIC, SUSTAINABLE CHANGES AND IMPROVEMENTS FOR THE INFANT, TODDLER AND PRE-K STUDENTS, WHICH ARE THE FOUNDATION FOR THE K-12 SCHOOL SYSTEM.THE COMMUNITY ENGAGEMENT AND BUILDING PROGRAM AREA INVOLVES WORKING WITH CITY LEADERS, PARENTS AND/OR FAMILIES ON COMMON GOALS AND EDUCATIONAL OUTCOMES FOR THE CITY'S KIDS. IT ALSO INCLUDES WORKING WITH FAMILIES AND COMMUNITIES ON EDUCATION ACTIVITIES.NEWARK PUBLIC SCHOOLS OPERATING EXCELLENCE: THE FOUNDATION FOR NEWARK'S FUTURE PROVIDED A NUMBER OF RESOURCES TO NEWARK PUBLIC SCHOOLS TO ENABLE THE SUPERINTENDENT TO PURSUE THE STRATEGIC PRIORITIES SHE DESIGNATED AS CRITICAL TO BUILD A FOUNDATION FOR DISTRICT TRANSFORMATION, HIGH QUALITY SCHOOLS, AND POSITIVE STUDENT OUTCOMES. FNF'S NPS OPERATING EXCELLENCE PROGRAM ENABLED THE SUPERINTENDENT TO RECRUIT AND SELECT INDIVIDUALS AND ENTITIES ON A SHORT-TERM, PROJECT-BASED BASIS TO WORK ON TASKS THAT COULD NOT GENERALLY BE FUNDED BY EXISTING PUBLIC FUNDS AND WERE DESIGNED TO MAKE THE CENTRAL OFFICE AND DISTRICT ADMINISTRATION AT LARGE A WORLD-CLASS, 21ST CENTURY SYSTEM THAT FOSTERS SUCCESS FOR STUDENTS AND SUPPORT FOR PARENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $948,909 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $770,131 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $13,863,031 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY MCLAIN | PersonNm |
| Phone | 9736391600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 PARK PLACE SUITE 604 | AddressLine1 |
| City | NEWARK | City |
| State | NJ | State |
| ZIP Code | 07102 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| PAUL BERNSTEIN | ||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JENNIFER HOLLERAN | ||||||
| TRUSTEE | 10.00 | Yes (X) | $0 | $0 | $0 | |
| ENRICO GAGLIOTI | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| SENATOR CORY BOOKER | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| DR ROBERT JOHNSON | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| KIMBERLY MCLAIN | ||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | $214,259 | $0 | $46,506 | |
| GREG TAYLOR | ||||||
| PRESIDENT & CEO (THRU MARCH 2013) | 40.00 | Yes (X) | $147,937 | $0 | $12,542 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $362,196 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $59,048 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HOGAN LOVELLS US LLP | |||||
| COLUMBIA SQUARE 555 THIRTEENTH ST | WASHINGTON | DC | 20004 | LEGAL SUPPORT FOR GRANTMAKING | $170,573 |
| JARRAD TOUSSANT | |||||
| 50 CHRISTOPHER COLUMBUS APT 203 | JERSEY CITY | NJ | 07302 | CITY-WIDE COORDINATION | $150,000 |
| THE PARTHENON GROUP | |||||
| 50 ROWES WHARF | BOSTON | MA | 02110 | NEWARK PUBLIC SCHOOLS CONSULTING | $130,284 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $11,417,880 | AllOtherContributionsAmt |
| Total Contributions | $11,417,880 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,688 | TotalRevenueColumnAmt |
| Exclusion | $1,688 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,419,568 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,688 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,758,785 | TotalAmt |
| Program Services | $12,758,785 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,497 | TotalAmt |
| Program Services | $284,497 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,244 | TotalAmt |
| Program Services | $126,373 | ProgramServicesAmt |
| Management And General | $294,871 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,856 | TotalAmt |
| Program Services | $85,457 | ProgramServicesAmt |
| Management And General | $199,399 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,234 | TotalAmt |
| Program Services | $4,570 | ProgramServicesAmt |
| Management And General | $10,664 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,696 | TotalAmt |
| Program Services | $15,809 | ProgramServicesAmt |
| Management And General | $36,887 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,142 | TotalAmt |
| Program Services | $15,043 | ProgramServicesAmt |
| Management And General | $35,099 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,347 | TotalAmt |
| Program Services | $240,347 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,760 | TotalAmt |
| Management And General | $112,760 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $368,037 | TotalAmt |
| Program Services | $332,150 | ProgramServicesAmt |
| Management And General | $35,887 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,265 | TotalAmt |
| Management And General | $106,265 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,562 | TotalAmt |
| Management And General | $29,562 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,442 | TotalAmt |
| Management And General | $23,442 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,990 | TotalAmt |
| Management And General | $89,990 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,731 | TotalAmt |
| Management And General | $45,731 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,671 | TotalAmt |
| Management And General | $12,671 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,710 | TotalAmt |
| Management And General | $4,710 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| DUES AND SUBSCRIPTIONS | $7,067 | $7,067 |
| MISCELLANEOUS | $1,466 | $1,466 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,909,502 | TotalAmt |
| Program Services | $13,863,031 | ProgramServicesAmt |
| Management And General | $1,046,471 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $451,784 | BOYAmt |
| EOY | $471,910 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,582,527 | BOYAmt |
| EOY | $7,550,766 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,670,402 | BOYAmt |
| EOY | $1,890,957 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,409 | BOYAmt |
| EOY | $9,341 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $52,204 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,007 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,617 | BOYAmt |
| EOY | $15,197 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,747,739 | BOYAmt |
| EOY | $9,938,171 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,498,920 | BOYAmt |
| EOY | $781,664 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,397,622 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,498,920 | BOYAmt |
| EOY | $4,179,286 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$630,676 | BOYAmt |
| EOY | $1,751,679 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,879,495 | BOYAmt |
| EOY | $4,007,206 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,248,819 | BOYAmt |
| EOY | $5,758,885 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,747,739 | BOYAmt |
| EOY | $9,938,171 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$3,489,934 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $2,356,736 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,499,871 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,648,530 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,417,880 | CurrentTaxYearAmt |
| Total | $68,923,017 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $2,356,736 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,499,871 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,648,530 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,417,880 | CurrentTaxYearAmt |
| Total | $68,923,017 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $55,728,201 | SubstantialContributorsTotAmt |
| Public Support Total170 | $13,194,816 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $15 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $356 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,005 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,688 | CurrentTaxYearAmt |
| Total | $3,064 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $68,926,081 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION'S FIRST YEAR OF EXISTENCE WAS A SHORT YEAR. THE ORGANIZATION WAS INCORPORATED ON JULY 26, 2010. THE 2010 TAX YEAR RAN FROM THE DATE OF INCORPORATION OF JULY 26, 2010 THROUGH DECEMBER 31, 2010. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,879,495 | BeginningYearBalanceAmt |
| Contributions | $3,076,007 | ContributionsAmt |
| Grants Or Scholarships | $8,294,196 | GrantsOrScholarshipsAmt |
| Other Expenditures | $654,100 | OtherExpendituresAmt |
| End Year Balance | $4,007,206 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,747,027 | BeginningYearBalanceAmt |
| Contributions | $9,456,778 | ContributionsAmt |
| Grants Or Scholarships | $1,324,310 | GrantsOrScholarshipsAmt |
| End Year Balance | $9,879,495 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| Contributions | $1,747,027 | ContributionsAmt |
| End Year Balance | $1,747,027 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment Balance EOY | 1.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,500 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,772 | DepreciationAmt |
| Book Value | $728 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $49,704 | OtherCostOrOtherBasisAmt |
| Depreciation | $35,235 | DepreciationAmt |
| Book Value | $14,469 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,197 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,448,556 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $28,988 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $28,988 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,419,568 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,419,568 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,938,490 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $28,988 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $28,988 | ExpensesNotReportedAmt |
| Expenses Subtotal | $14,909,502 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,909,502 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | CERTAIN FUNDING TO THE FOUNDATION IS TEMPORARILY RESTRICTED AND RESERVED FOR SPECIFIC PROGRAMMING PURPOSES. THE ORGANIZATION KEEPS THESE FUNDS RESTRICTED UNTIL THEY ARE NEEDED FOR THEIR INTENDED PURPOSE. |
| PART X, LINE 2: | THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT AS TO WHETHER THE UNCERTAINTY WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD. CURRENTLY, ALL OF THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (23 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BRICK ACADEMY | |||||||
| PO BOX 995 | NEWARK | NJ | 07102 | 270820249 | 501(C)(3) | $100,000 | TO ESTABLISH A PRE-K TO 3RD GRADE LITERACY INITIATIVE AT PESHINE AND AVON SCHOOLS THAT SEEKS TO ENSURE CHILDREN ARE AT READING LEVEL BY THIRD GRADE. |
| COLLEGE SUMMIT INC | |||||||
| 1763 COLUMBIA ROAD NW | WASHINGTON | DC | 20009 | 522007028 | 501(C)(3) | $171,288 | SUPPORT FOR THE IMPLEMENTATION OF COLLEGE ACCESS PROGRAMMING TO PREPARE HIGH SCHOOL STUDENTS IN NEWARK FOR COLLEGE AND CAREER. |
| COMMUNITY FOUNDATION OF NJ | |||||||
| PO BOX 338 | MORRISTOWN | NJ | 07963 | 222281783 | 501(C)(3) | $273,486 | TWO ROUNDS OF FUNDING (2012-2013 AND 2013-14) FOR DIRECT GRANTS TO TEACHER TEAMS TO IMPLEMENT INNOVATIVE PROGRAMS IN THEIR SCHOOLS. |
| EDUCATION PIONEERS | |||||||
| 1970 BROADWAY SUITE 1140 | OAKLAND | CA | 94612 | 770602311 | 501(C)(3) | $115,500 | TO PLACE UP TO 30 GRADUATE FELLOWS PER SUMMER IN VARIOUS NEWARK ORGANIZATIONS IN AN EFFORT FOR THEM TO GAIN SKILLS, CONTRIBUTE TO THE NON-PROFIT SECTOR AND CONSIDER FULL-TIME SERVICE TO NEWARK. |
| NEW JERSEY AFTER 3 INC CO MARK VALLI | |||||||
| 391 GEORGE STREET | NEW BRUNSWICK | NJ | 08901 | 200965767 | 501(C)(3) | $465,000 | TO ADMINISTER EXPANDED LEARNING TIME (ELT) PROGRAMS AT 4 NEWARK PUBLIC SCHOOLS--PROVIDING A TOTAL OF NEARLY 1,000 STUDENTS WITH ACADEMIC AND ENRICHMENT PROGRAMMING AFTER THE TRADITIONAL SCHOOL DAY AND TO SUPPORT MY VERY OWN LIBRARY. |
| NEW LEADERS FOR NEW SCHOOLS | |||||||
| 30 WEST 26TH STREET 2ND FLOOR | NEW YORK | NY | 10010 | 043519203 | 501(C)(3) | $200,000 | SUPPORT FOR NEW LEADERS TO WORK WITH NPS ON FACILITATING AND FOSTERING PRINCIPAL EFFECTIVENESS. |
| NEWARK PUBLIC SCHOOLS | |||||||
| 2 CEDAR STREET | NEWARK | NJ | 07102 | 226002140 | 501(C)(3) | $8,542,738 | FUNDING FOR VARIOUS COMPONENTS OF THE COLLECTIVE BARGAINING AGREEMENT BETWEEN NPS AND NTU. |
| PRINCETON CENTER FOR LEADERSHIP TRAINING | |||||||
| 911 COMMONS WAY | PRINCETON | NJ | 08540 | 222962532 | 501(C)(3) | $30,000 | SUPPORT FOR THE IMPLEMENTATION OF PEER GROUP CONNECTION, A PEER-MENTORING PROGRAM, IN 3 NEWARK HIGH SCHOOLS (EAST SIDE, WEST SIDE, AND SCIENCE PARK) DESIGNED TO SUPPORT SUCCESSFUL TRANSITION OF 9TH GRADE STUDENTS FROM MIDDLE SCHOOL TO HIGH SCHOOL. |
| COUNCIL OF NEW JERSEY GRANTMAKERS | |||||||
| 101 WEST STATE STREET | TRENTON | NJ | 08608 | 223470235 | 501(C)(3) | $30,000 | TO SUPPORT THE OPERATION OF THE OFFICE OF THE NEWARK PHILANTHROPIC LIAISON, A PARTNERSHIP BETWEEN THE CITY OF NEWARK AND THE COUNCIL OF NEW JERSEY GRANTMAKERS, IN CONCERT WITH OTHER FUNDERS. |
| EAGLE ACADEMY FOUNDATION CO ONE HUNDRED BLACK MEN INC | |||||||
| 105 EAST 22ND STREET SUITE 625 | NEW YORK | NY | 10010 | 201532382 | 501(C)(3) | $250,000 | TO SUPPORT THE SCHOOL, WHICH EDUCATES BOYS IN GRADES 6-12. EAGLE'S MISSION IS TO PROMOTE ACADEMIC EXCELLENCE AND CHARACTER DEVELOPMENT IN A SINGLE-SEX COMMUNITY FOR NEWARK'S YOUNG MEN THROUGH A RIGOROUS, COLLEGE-PREPARATORY MIDDLE AND HIGH SCHOOL CURRICULUM. |
| FAMILY INTERVENTION SERVICES INC | |||||||
| 86 S HARRISON ST | EAST ORANGE | NJ | 07108 | 222368489 | 501(C)(3) | $60,000 | TO SUPPORT THE COORDINATION AND ALIGNMENT OF EFFORTS UNDERWAY IN NEWARK RELATED TO EDUCATION REFORM, EARLY LEARNING, YOUTH DEVELOPMENT, AND THE PROMOTION OF STRONG FAMILIES AND NEIGHBORHOODS. |
| INSTITUTE FOR INNOVATION IN PUBLIC SCHOOLS | |||||||
| 282 21ST STREET 4 | BROOKLYN | NY | 11215 | 421704113 | 501(C)(3) | $186,000 | TO SUPPORT THE DESIGN AND IMPLEMENTATION OF AN OPEN HIGH SCHOOL ENROLLMENT SYSTEM FOR NEWARK PUBLIC SCHOOLS. |
| IREFORM INC | |||||||
| ONE GATEWAY CENTER FLOOR 3 | NEWARK | NJ | 07102 | 273837303 | 501(C)(3) | $75,000 | TO SUPPORT THE PARENT ACADEMIES OF IREFORM, A NEW ORGANIZATION FOUNDED TO EDUCATE, EMPOWER AND MOBILIZE NEWARK PARENTS AND COMMUNITY MEMBERS TO SUPPORT BOLD CHANGES THAT WILL ENSURE A HIGH QUALITY EDUCATION FOR THEIR CHILDREN. |
| JUMPSTART FOR YOUNG CHILDREN | |||||||
| 308 CONGRESS STREET 6TH FLOOR | BOSTON | MA | 02210 | 043262046 | 501(C)(3) | $100,000 | TO PROVIDE PLANNING AND SCALE UP FUNDS NECESSARY TO BRING THEIR EARLY LEARNING MODEL TO NEWARK'S SOUTH WARD. |
| MONTCLAIR STATE UNIVERSITY | |||||||
| 1 NORMAL AVE 300 COLLEGE HALL | MONTCLAIR | NJ | 07043 | 226017209 | 501(C)(3) | $101,643 | SUPPORT OF NEW TEACHER INDUCTION PROGRAM FOR TEACHING RESIDENTS IN THEIR FIRST THREE (3) YEARS OF TEACHING. |
| NEWARK CHARTER SCHOOL FUND | |||||||
| 9-25 ALLING STREET 2ND FLOOR | NEWARK | NJ | 01702 | 262224940 | 501(C)(3) | $212,500 | SUPPORT FOR THE 2013-2014 SCHOOL YEAR TO GROW HIGH QUALITY CHARTER SCHOOLS WHILE FACILITATING AND IMPROVING DISTRICT-CHARTER COLLABORATION. |
| NEWARK MENTORING MOVEMENT INC | |||||||
| 60 PARK PLACE STE 601 | NEWARK | NJ | 07102 | 455092471 | 501(C)(3) | $20,000 | STARTUP FUNDING FOR A NEW ORGANIZATION DESIGNED TO PROVIDE A COLLECTIVE SUPPORT NETWORK TO THE MANY MENTORING PROGRAMS IN NEWARK. |
| NEWARK TRUST FOR EDUCATION | |||||||
| 744 BROAD STREET | NEWARK | NJ | 07102 | 383663314 | 501(C)(3) | $365,000 | CONTRIBUTION TO THE POOLED SUPPORT FUND, WHICH SUPPORTS VARIOUS NPS SCHOOL MODELS IN NEWARK. |
| ST BENEDICT'S PREP | |||||||
| 520 ML KING BLVD | NEWARK | NJ | 07102 | 221861903 | 501(C)(3) | $50,000 | TO SUPPORT THE IMPLEMENTATION, CODIFICATION, AND DISSEMINATION OF THE ST. BENEDICT'S PREP STUDENT LEADERSHIP MODEL THAT WILL BECOME A GUIDE FOR OTHER SCHOOLS ASPIRING TO ESTABLISH A POSITIVE CULTURE AND STUDENT EMPOWERMENT. |
| NATIONAL EQUITY PROJECT | |||||||
| 1720 BROADWAY 4TH FLOOR | OAKLAND | CA | 94612 | 943222960 | 501(C)(3) | $175,000 | TO PROVIDE COACHING AND MENTORING TO A VARIETY OF NEWARK LEADERS ON BEST PRACTICES IN AUTHENTICALLY ENGAGING THE COMMUNITY ON BOTH EDUCATION AND NEIGHBORHOOD INITIATIVES. |
| THE NEW SCHOOL | |||||||
| 79 FIFTH AVE 17TH FLOOR | NEW YORK | NY | 10003 | 133297197 | 501(C)(3) | $30,000 | A PLANNING GRANT TO EXPLORE THE FEASIBILITY OF AN EXTENDED WEBSITE FOR PARENTS TO REVIEW SCHOOLS, OBTAIN INFORMATION, AND PROVIDE FEEDBACK ON THEIR EXPERIENCES. |
| THE NEW TEACHER PROJECT | |||||||
| 186 JORALEMON STREET STE 300 | BROOKLYN | NY | 11201 | 133850158 | 501(C)(3) | $500,000 | TO SUPPORT THE IMPLEMENTATION OF A TEACHER EVALUATION SYSTEM, DEVELOPMENT OF PROFESSIONAL DEVELOPMENT RESOURCES, AND IDENTIFICATION OF POLICIES AND PRACTICES TO ENABLE NPS TO HAVE A HIGH QUALITY TEACHING FORCE. |
| THE OPHELIA J BERRY FUND DBA PATHWAYS TO COLLEGE | |||||||
| 397 LINDEN STREET | WELLESLEY | MA | 02481 | 260060754 | 501(C)(3) | $80,000 | SUPPORT OF A COLLEGE ACCESS AFTER-SCHOOL PROGRAM AT BARRINGER, EAST SIDE AND WEEQUAHIC HIGH SCHOOLS THAT ADVANCES PERSONAL AND ACADEMIC GROWTH BY HELPING STUDENTS GAIN ACCEPTANCE WHILE PREPARING THEM FOR COLLEGE. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 23 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | VARIOUS - MY VERY OWN LIBRARY | GrantTypeTxt |
| Recipient | 12000 | RecipientCnt |
| Non Cash Assistance | $284,497 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | A RESEARCH-BASED NEWARK LITERACY INITIATIVE THAT PROVIDES STUDENTS THE OPPORTUNITY TO RECEIVE 10 NEW, FREE BOOKS THROUGHOUT THE SCHOOL YEAR. | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS A FORMAL GRANT-MAKING PROCESS. EACH POTENTIAL GRANTEE MUST SUBMIT A PROPOSAL FOR REVIEW AND PROVIDE ANSWERS TO ANY FOLLOW-UP QUESTIONS AS REQUIRED. COMPLETED APPLICATIONS ARE EVALUATED AGAINST THE FOUNDATION'S PRIORITIES, THE GRANTEE'S NEEDS AND THE FUNDING AVAILABLE. THOSE SELECTED TO RECEIVE GRANTS MUST SIGN AN AGREEMENT, PROVIDE VERIFIABLE, IDENTIFYING DOCUMENTATION AND SUBMIT ON-GOING REPORTS TO RECEIVE PAYMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KIMBERLY MCLAIN | ||||||||||||||
| PRESIDENT & CEO | $214,259 | $0 | $0 | $0 | $0 | $0 | $14,998 | $0 | $31,508 | $0 | $260,765 | $0 | $0 | $0 |
| GREG TAYLOR | ||||||||||||||
| PRESIDENT & CEO (THRU MARCH 2013) | $128,785 | $0 | $0 | $0 | $19,152 | $0 | $10,356 | $0 | $2,186 | $0 | $160,479 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | CEO, GREG TAYLOR, RECEIVED A HOUSING AND TRAVEL ALLOWANCE FROM THE FOUNDATION. THE BENEFIT WAS INCLUDED IN HIS TAXABLE COMPENSATION. MR. TAYLOR WAS THE CEO THROUGH MARCH 2013. THE CURRENT CEO DOES NOT RECEIVE A HOUSING AND/OR TRAVEL ALLOWANCE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | THE DECLINE IN GRANTMAKING YEAR-ON-YEAR FOR FNF IS DUE TO THE NEWARK PUBLIC SCHOOL COLLECTIVE BARGAINING LABOR AGREEMENT THAT FNF IS FUNDING. IN 2012, THERE WAS A ONE-TIME PAYMENT OF OVER $30 MILLION IN RELATION TO THE CONTRACT, WHICH INCREASED OUR GRANT ACTIVITY AS COMPARED TO 2013. |
| FORM 990, PART VI, SECTION B, LINE 11 | A COMMITTEE OF THE BOARD REVIEWS THE DRAFT OF THE 990 IN CONJUNCTION WITH MANAGEMENT. ONCE ANY QUESTIONS AND ISSUES HAVE BEEN RESOLVED, THE 990 IS FINALIZED BY THE AUDIT FIRM AND PRESENTED TO THE BOARD FOR FINAL REVIEW AND APPROVAL. UPON REVIEW AND APPROVAL BY A MAJORITY OF BOARD MEMBERS, THE 990 IS ADOPTED AND FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER OF THE GOVERNING BOARD SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH THE POLICY. THE PRESIDENT & CEO MONITORED THE CONFLICT OF INTEREST POLICY AND COLLECTED THE ANNUAL STATEMENTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | SALARIES FOR OFFICERS AND KEY EMPLOYEES ARE SET BY REVIEWING BENCHMARK DATA AND OTHER RELEVANT COMPARABLE DATA POINTS, AND THROUGH DISCUSSION WITH EXTERNAL SEARCH FIRMS WHERE APPLICABLE. ONCE A RECOMMENDATION IS FORMULATED, IT IS PRESENTED TO THE BOARD FOR REVIEW AND FINAL APPROVAL. THE BOARD ALSO ANNUALLY REVIEWS AND APPROVES THE OPERATING BUDGET WHICH INCLUDES SALARIES AND EMPLOYEE BENEFITS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST VIA DIRECTION TO GUIDESTAR OR VIA HARD COPY IF REQUESTED. |
| FORM 990, PART VI, SECTION B, LINE 13: | THE ORGANIZATION IS CREATING A WHISTLEBLOWER POLICY AND EXPECTS TO IMPLEMENT THIS POLICY BY THE END OF 2014. |
| FORM 990, PART VI, SECTION B, LINE 14: | THE ORGANIZATION IS CREATING A DOCUMENT RETENTION AND DESTRUCTION POLICY AND EXPECTS TO IMPLEMENT THIS POLICY BY THE END OF 2014. |
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