Montclair Fund For Educational Excellence Inc
- Assets
- $1.4m
- Revenue
- $481.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Montclair, NJ
- Founding
- 09/1991
- Data as of
- 06/2021
- EIN
- 06-1320335
Organization Overview
Montclair Fund For Educational Excellence Inc is located in Montclair, NJ. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Montclair Fund For Educational Excellence Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montclair Fund For Educational Excellence Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Montclair Fund For Educational Excellence Inc generated $481.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $357.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT MONTCLAIR PUBLIC SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL EXCELLENCE GRANTS - AWARDED TO TEACHERS WHO SUBMIT PROPOSALS FOR INNOVATIVE PROJECTS THAT ENRICH THE CLASSROOM EXPERIENCE FOR STUDENTS. TO SUPPORT REMOTE LEARNING, GRANTS WERE ALSO AWARDED FOR TECH & PRACTICAL TOOLS THAT TEACHERS NEEDED TO EDUCATE FROM THEIR HOMES.
AMERICA TO ME GRANT - MFEE COORDINATES A COMMUNITY-WIDE DISCUSSION SERIES TO DEEPEN RACIAL LITERACY USING THE DOCUMENTARY FILMS, "AMERICA TO ME".
COMMUNITY HEALTH WORK (CHW) - A BROAD COVID VACCINE AWARENESS CAMPAIGN SHAPED BY AND DESIGNED FOR BLACK AND BROWN COMMUNITY MEMBERS. THE CHWS DEVELOPED AND DISTRIBUTED CULTURALLY APPROPRIATE AND BILINGUAL PRINT AND ONLINE MATERIALS ABOUT THE COVID VACCINE, AND ASSISTED IN THE PRESENTATION OF VIRTUAL TOWN HALLS AND MULTIPLE OUTDOOR COMMUNITY EVENTS THAT HIGHLIGHTED COVID SAFETY/VACCINE AWARENESS AND CONNECTED ATTENDEES TO HEALTH AND OTHER RESOURCES. THE CHW INITIATIVE ALSO ORGANIZED SERVICES TO SUPPORT VACCINE REGISTRATION AND TRANSPORTATION FOR VULNERABLE POPULATIONS. HUNDREDS OF PEOPLE WERE INFORMED AND VACCINATED THROUGH THIS INITIATIVE.
GREENWALD PROFESSIONAL DEVELOPMENT GRANT PROGRAM - FUNDS SUPPORT PROFESSIONAL DEVELOPMENT EXPERIENCES FOR MONTCLAIR PUBLIC SCHOOL STAFF THAT STRENGTHEN THEIR SKILLS TO IMPROVE STUDENT ACHIEVEMENT. THESE SUPPORT "OUT OF THE BOX" PROFESSIONAL DEVELOPMENT EXPERIENCES FOR INDIVIDUAL TEACHERS.SOCIAL & EMOTIONAL GRANTS & PROJECTS - SUPPORTS STUDENTS' SOCIAL & EMOTIONAL LEARNING. IN FY2021, GRANTS FUELED MINDFULNESS PRACTICE IN CLASSROOMS, PROGRAMS TO HELP STUDENTS MANAGE EMOTIONS, AND INITIATIVES TO SUPPORT STUDENT SELF-EXPRESSION.NEW AND SOCIAL MEDIA LITERACY PROJECT - WORKING WITH JOURNALIST THERESA GIARRUSSO, MFEE IS PILOTING AN ENGAGING CURRICULUM THAT TEACHES MIDDLE AND HIGH SCHOOL STUDENTS THE CRITICAL SKILLS THEY NEED IN OUR ONLINE WORLD. STUDENTS LEARN CUTTING-EDGE PROCESSES FOR CONFRONTING MISINFORMATION AND DISINFORMATION AND DEVELOP A CRITICAL LENS FOR ANALYZING SOCIAL MEDIA AND ONLINE NEWS.GLOBAL CITIZEN PROJECT - THIS INNOVATIVE PROJECT INSPIRES STUDENTS TO CHANGE THE WORLD, BY UTILIZING ONLINE MEETING PLATFORMS AND DIGITAL TOOLS TO CONNECT MONTCLAIR STUDENTS WITH THEIR PEERS IN FIVE OTHER COUNTRIES TO PLAN GLOBAL COMMUNITY SERVICE PROJECTS, SUCH AS FUNDING BOOKS FOR STUDENTS IN TANZANIA AND A SCHOOL SUPPLY DRIVE FOR STUDENTS IN OTHER COUNTRIES.EXCELLENCE IN EQUITY GRANTS - THIS GRANT, INITIATED IN 2019, IS AWARDED TO PROJECTS THAT ADDRESS ISSUES OF RACIAL AND SOCIO-ECONOMIC EQUITY AWARD IN THE MONTCLAIR PUBLIC SCHOOLS. ARTS OPEN HEARTS - CAMPAIGN TO FUND ARTS PROGRAMS THAT NURTURE SOCIAL/EMOTIONAL AND TEEN MENTAL HEALTH.SHOWUP MONTCLAIR! - A TALENT BATTLE FUNDRAISER THAT HIGHLIGHTS TEEN AND ADULT TALENT IN MONTCLAIR.NAVEGADORES ESCOLARES - THIS PROGRAM MATCHES FAMILIES WITH ENGLISH LANGUAGE LEARNERS (STUDENTS) AND THEIR FAMILIES. THESE FAMILIES GIVE SUPPORT WITH SCHOOL AND EXTRACURRICULAR REGISTRATIONS, ACCESS TO COMMUNITY SUPPORT AND TECHNOLOGY SUPPORT. WE HAVE CURRENTLY MATCHED 35+ NAVEGADORES FAMILIES TO RECEIVE THIS SUPPORT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Masiel Rodriguez-Vars Executive Director | Officer | 30 | $90,678 |
Joyce R Michaelson Founder And Chairperson | OfficerTrustee | 5 | $0 |
Greg Foster Secretary | OfficerTrustee | 5 | $0 |
Matthew Russman Treasurer | OfficerTrustee | 5 | $0 |
Jessica Troupe Co-Vice President | OfficerTrustee | 5 | $0 |
David Oscar Co-President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $298,440 |
| Related organizations | $0 |
| Government grants | $29,497 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,627 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $512,564 |
| Total Program Service Revenue | $0 |
| Investment income | $32,371 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$63,514 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $481,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $144,595 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,003 |
| Compensation of current officers, directors, key employees. | $16,001 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,628 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $268 |
| Office expenses | $13,962 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $298 |
| Insurance | $3,186 |
| All other expenses | $0 |
| Total functional expenses | $357,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,213 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $104 |
| Investments—publicly traded securities | $1,035,518 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,404,835 |
| Accounts payable and accrued expenses | $17,182 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $9,532 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,714 |
| Net assets without donor restrictions | $1,378,121 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,404,835 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Montclair Fund For Educational Excellence Inc has recieved totaling $273,859.
| Awarding Organization | Amount |
|---|---|
Partners For Health Inc Montclair, NJ PURPOSE: TACKLING RACISM & SCHOOL-PARENT NAVIGATOR PROGRAM | $116,677 |
Schumann Fund For New Jersey Inc Montclair, NJ PURPOSE: MONTCLAIR PUBLIC SCHOOLS' TWO-YEAR PARTICIPATION IN THE NATIONAL EQUITY PROJECT'S BUILDING EQUITABLE LEARNING ENVIRONMENTS NETWORK | $50,000 |
Schumann Fund For New Jersey Inc Montclair, NJ PURPOSE: TO SUPPORT THE DEVELOPMENT OF A MONTCLAIR EQUITY LAB TO SUSTAIN RACIAL EQUITY EFFORTS IN MONTCLAIR PUBLIC SCHOOLS | $45,000 |
The Partnership For Maternal And Child Health Of Northern Nj Inc Newark, NJ PURPOSE: SUB-GRANTEE PROGRAM SUPPORT | $14,812 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $11,750 |
Silver Family Foundation Inc Montclair, NJ PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |