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        <ManagementAndGeneralAmt>36887</ManagementAndGeneralAmt>
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      <PayrollTaxesGrp>
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        <ProgramServicesAmt>15043</ProgramServicesAmt>
        <ManagementAndGeneralAmt>35099</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>240347</ProgramServicesAmt>
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      <FeesForServicesAccountingGrp>
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        <ManagementAndGeneralAmt>112760</ManagementAndGeneralAmt>
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        <TotalAmt>368037</TotalAmt>
        <ProgramServicesAmt>332150</ProgramServicesAmt>
        <ManagementAndGeneralAmt>35887</ManagementAndGeneralAmt>
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      <AdvertisingGrp>
        <TotalAmt>106265</TotalAmt>
        <ManagementAndGeneralAmt>106265</ManagementAndGeneralAmt>
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      <OfficeExpensesGrp>
        <TotalAmt>29562</TotalAmt>
        <ManagementAndGeneralAmt>29562</ManagementAndGeneralAmt>
      </OfficeExpensesGrp>
      <InformationTechnologyGrp>
        <TotalAmt>23442</TotalAmt>
        <ManagementAndGeneralAmt>23442</ManagementAndGeneralAmt>
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      <OccupancyGrp>
        <TotalAmt>89990</TotalAmt>
        <ManagementAndGeneralAmt>89990</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>45731</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>12671</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>4710</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>7067</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>1466</ManagementAndGeneralAmt>
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        <EOYAmt>9341</EOYAmt>
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        <EOYAmt>5758885</EOYAmt>
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        <EOYAmt>9938171</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>-3489934</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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      <AuditCommitteeInd>1</AuditCommitteeInd>
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        <CurrentTaxYearMinus2YearsAmt>12499871</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>42648530</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>11417880</CurrentTaxYearAmt>
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      <TotalCalendarYear170Grp>
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        <CurrentTaxYearMinus1YearAmt>42648530</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>11417880</CurrentTaxYearAmt>
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      <GrossInvestmentIncome170Grp>
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        <CurrentTaxYearMinus1YearAmt>1005</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1688</CurrentTaxYearAmt>
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      <First5Years170Ind>X</First5Years170Ind>
      <Form990ScheduleAPartIVGrp>
        <FormAndLineReferenceDesc>SCHEDULE A, PART II</FormAndLineReferenceDesc>
        <ExplanationTxt>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>
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          <AddressLine2>RESTRICTED</AddressLine2>
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          <State>RESTRICTED</State>
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        <EndYearBalanceAmt>9879495</EndYearBalanceAmt>
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        <EndYearBalanceAmt>1747027</EndYearBalanceAmt>
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      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
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        <DepreciationAmt>1772</DepreciationAmt>
        <BookValueAmt>728</BookValueAmt>
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        <DepreciationAmt>35235</DepreciationAmt>
        <BookValueAmt>14469</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>15197</TotalBookValueLandBuildingsAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
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      <RevenueNotReportedAmt>28988</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>11419568</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>11419568</TotalRevenuePerForm990Amt>
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      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>14909502</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
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    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>BRICK ACADEMY</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>PO BOX 995</AddressLine1>
          <City>NEWARK</City>
          <State>NJ</State>
          <ZIPCode>07102</ZIPCode>
        </USAddress>
        <RecipientEIN>270820249</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>100000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>COLLEGE SUMMIT INC</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>1763 COLUMBIA ROAD NW</AddressLine1>
          <City>WASHINGTON</City>
          <State>DC</State>
          <ZIPCode>20009</ZIPCode>
        </USAddress>
        <RecipientEIN>522007028</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>171288</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT FOR THE IMPLEMENTATION OF COLLEGE ACCESS PROGRAMMING TO PREPARE HIGH SCHOOL STUDENTS IN NEWARK FOR COLLEGE AND CAREER.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>COMMUNITY FOUNDATION OF NJ</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>PO BOX 338</AddressLine1>
          <City>MORRISTOWN</City>
          <State>NJ</State>
          <ZIPCode>07963</ZIPCode>
        </USAddress>
        <RecipientEIN>222281783</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>273486</CashGrantAmt>
        <PurposeOfGrantTxt>TWO ROUNDS OF FUNDING (2012-2013 AND 2013-14) FOR DIRECT GRANTS TO TEACHER TEAMS TO IMPLEMENT INNOVATIVE PROGRAMS IN THEIR SCHOOLS.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>EDUCATION PIONEERS</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>1970 BROADWAY SUITE 1140</AddressLine1>
          <City>OAKLAND</City>
          <State>CA</State>
          <ZIPCode>94612</ZIPCode>
        </USAddress>
        <RecipientEIN>770602311</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>115500</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NEW JERSEY AFTER 3 INC CO MARK VALLI</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>391 GEORGE STREET</AddressLine1>
          <City>NEW BRUNSWICK</City>
          <State>NJ</State>
          <ZIPCode>08901</ZIPCode>
        </USAddress>
        <RecipientEIN>200965767</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>465000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NEW LEADERS FOR NEW SCHOOLS</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>30 WEST 26TH STREET 2ND FLOOR</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10010</ZIPCode>
        </USAddress>
        <RecipientEIN>043519203</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>200000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT FOR NEW LEADERS TO WORK WITH NPS ON FACILITATING AND FOSTERING PRINCIPAL EFFECTIVENESS.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NEWARK PUBLIC SCHOOLS</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>2 CEDAR STREET</AddressLine1>
          <City>NEWARK</City>
          <State>NJ</State>
          <ZIPCode>07102</ZIPCode>
        </USAddress>
        <RecipientEIN>226002140</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>8542738</CashGrantAmt>
        <PurposeOfGrantTxt>FUNDING FOR VARIOUS COMPONENTS OF THE COLLECTIVE BARGAINING AGREEMENT BETWEEN NPS AND NTU.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>PRINCETON CENTER FOR LEADERSHIP TRAINING</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>911 COMMONS WAY</AddressLine1>
          <City>PRINCETON</City>
          <State>NJ</State>
          <ZIPCode>08540</ZIPCode>
        </USAddress>
        <RecipientEIN>222962532</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>30000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>COUNCIL OF NEW JERSEY GRANTMAKERS</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>101 WEST STATE STREET</AddressLine1>
          <City>TRENTON</City>
          <State>NJ</State>
          <ZIPCode>08608</ZIPCode>
        </USAddress>
        <RecipientEIN>223470235</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>30000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>EAGLE ACADEMY FOUNDATION CO ONE HUNDRED BLACK MEN INC</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>105 EAST 22ND STREET SUITE 625</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10010</ZIPCode>
        </USAddress>
        <RecipientEIN>201532382</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>250000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>FAMILY INTERVENTION SERVICES INC</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>86 S HARRISON ST</AddressLine1>
          <City>EAST ORANGE</City>
          <State>NJ</State>
          <ZIPCode>07108</ZIPCode>
        </USAddress>
        <RecipientEIN>222368489</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>60000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>INSTITUTE FOR INNOVATION IN PUBLIC SCHOOLS</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>282 21ST STREET 4</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11215</ZIPCode>
        </USAddress>
        <RecipientEIN>421704113</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>186000</CashGrantAmt>
        <PurposeOfGrantTxt>TO SUPPORT THE DESIGN AND IMPLEMENTATION OF AN OPEN HIGH SCHOOL ENROLLMENT SYSTEM FOR NEWARK PUBLIC SCHOOLS.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>IREFORM INC</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>ONE GATEWAY CENTER FLOOR 3</AddressLine1>
          <City>NEWARK</City>
          <State>NJ</State>
          <ZIPCode>07102</ZIPCode>
        </USAddress>
        <RecipientEIN>273837303</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>75000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>JUMPSTART FOR YOUNG CHILDREN</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>308 CONGRESS STREET 6TH FLOOR</AddressLine1>
          <City>BOSTON</City>
          <State>MA</State>
          <ZIPCode>02210</ZIPCode>
        </USAddress>
        <RecipientEIN>043262046</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>100000</CashGrantAmt>
        <PurposeOfGrantTxt>TO PROVIDE PLANNING AND SCALE UP FUNDS NECESSARY TO BRING THEIR EARLY LEARNING MODEL TO NEWARK'S SOUTH WARD.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>MONTCLAIR STATE UNIVERSITY</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>1 NORMAL AVE 300 COLLEGE HALL</AddressLine1>
          <City>MONTCLAIR</City>
          <State>NJ</State>
          <ZIPCode>07043</ZIPCode>
        </USAddress>
        <RecipientEIN>226017209</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>101643</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT OF NEW TEACHER INDUCTION PROGRAM FOR TEACHING RESIDENTS IN THEIR FIRST THREE (3) YEARS OF TEACHING.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NEWARK CHARTER SCHOOL FUND</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>9-25 ALLING STREET 2ND FLOOR</AddressLine1>
          <City>NEWARK</City>
          <State>NJ</State>
          <ZIPCode>01702</ZIPCode>
        </USAddress>
        <RecipientEIN>262224940</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>212500</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT FOR THE 2013-2014 SCHOOL YEAR TO GROW HIGH QUALITY CHARTER SCHOOLS WHILE FACILITATING AND IMPROVING DISTRICT-CHARTER COLLABORATION.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NEWARK MENTORING MOVEMENT INC</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>60 PARK PLACE STE 601</AddressLine1>
          <City>NEWARK</City>
          <State>NJ</State>
          <ZIPCode>07102</ZIPCode>
        </USAddress>
        <RecipientEIN>455092471</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>20000</CashGrantAmt>
        <PurposeOfGrantTxt>STARTUP FUNDING FOR A NEW ORGANIZATION DESIGNED TO PROVIDE A COLLECTIVE SUPPORT NETWORK TO THE MANY MENTORING PROGRAMS IN NEWARK.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NEWARK TRUST FOR EDUCATION</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>744 BROAD STREET</AddressLine1>
          <City>NEWARK</City>
          <State>NJ</State>
          <ZIPCode>07102</ZIPCode>
        </USAddress>
        <RecipientEIN>383663314</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>365000</CashGrantAmt>
        <PurposeOfGrantTxt>CONTRIBUTION TO THE POOLED SUPPORT FUND, WHICH SUPPORTS VARIOUS NPS SCHOOL MODELS IN NEWARK.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>ST BENEDICT'S PREP</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>520 ML KING BLVD</AddressLine1>
          <City>NEWARK</City>
          <State>NJ</State>
          <ZIPCode>07102</ZIPCode>
        </USAddress>
        <RecipientEIN>221861903</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>50000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NATIONAL EQUITY PROJECT</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>1720 BROADWAY 4TH FLOOR</AddressLine1>
          <City>OAKLAND</City>
          <State>CA</State>
          <ZIPCode>94612</ZIPCode>
        </USAddress>
        <RecipientEIN>943222960</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>175000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>THE NEW SCHOOL</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>79 FIFTH AVE 17TH FLOOR</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10003</ZIPCode>
        </USAddress>
        <RecipientEIN>133297197</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>30000</CashGrantAmt>
        <PurposeOfGrantTxt>A PLANNING GRANT TO EXPLORE THE FEASIBILITY OF AN EXTENDED WEBSITE FOR PARENTS TO REVIEW SCHOOLS, OBTAIN INFORMATION, AND PROVIDE FEEDBACK ON THEIR EXPERIENCES.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>THE NEW TEACHER PROJECT</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>186 JORALEMON STREET STE 300</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11201</ZIPCode>
        </USAddress>
        <RecipientEIN>133850158</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>500000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>THE OPHELIA J BERRY FUND DBA PATHWAYS TO COLLEGE</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>397 LINDEN STREET</AddressLine1>
          <City>WELLESLEY</City>
          <State>MA</State>
          <ZIPCode>02481</ZIPCode>
        </USAddress>
        <RecipientEIN>260060754</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>80000</CashGrantAmt>
        <PurposeOfGrantTxt>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.</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>23</Total501c3OrgCnt>
      <TotalOtherOrgCnt>0</TotalOtherOrgCnt>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>VARIOUS - MY VERY OWN LIBRARY</GrantTypeTxt>
        <RecipientCnt>12000</RecipientCnt>
        <NonCashAssistanceAmt>284497</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>FMV</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>A RESEARCH-BASED NEWARK LITERACY INITIATIVE THAT PROVIDES STUDENTS THE OPPORTUNITY TO RECEIVE 10 NEW, FREE BOOKS THROUGHOUT THE SCHOOL YEAR.</NonCashAssistanceDesc>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>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>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <HousingAllowanceOrResidenceInd>X</HousingAllowanceOrResidenceInd>
      <WrittenPolicyRefTAndEExpnssInd>1</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>0</SubstantiationRequiredInd>
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <Form990OfOtherOrganizationsInd>X</Form990OfOtherOrganizationsInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>0</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>0</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>0</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>0</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>0</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>KIMBERLY MCLAIN</PersonNm>
        <TitleTxt>PRESIDENT &amp; CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>214259</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>14998</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>31508</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>260765</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>GREG TAYLOR</PersonNm>
        <TitleTxt>PRESIDENT &amp; CEO (THRU MARCH 2013)</TitleTxt>
        <BaseCompensationFilingOrgAmt>128785</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>19152</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>10356</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>2186</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>160479</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 1A</FormAndLineReferenceDesc>
        <ExplanationTxt>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>
      </SupplementalInformationDetail>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART III, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>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 &amp; CEO MONITORED THE CONFLICT OF INTEREST POLICY AND COLLECTED THE ANNUAL STATEMENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 13:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION IS CREATING A WHISTLEBLOWER POLICY AND EXPECTS TO IMPLEMENT THIS POLICY BY THE END OF 2014.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 14:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION IS CREATING A DOCUMENT RETENTION AND DESTRUCTION POLICY AND EXPECTS TO IMPLEMENT THIS POLICY BY THE END OF 2014.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>