New Jersey Childrens Foundation

Organization Overview

New Jersey Childrens Foundation is located in Newark, NJ. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, New Jersey Childrens Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Childrens Foundation 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 06/2022, New Jersey Childrens Foundation generated $9.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $7.1m during the year ending 06/2022. While expenses have increased by 28.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, New Jersey Childrens Foundation has awarded 66 individual grants totaling $10,243,515. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO INVEST IN PEOPLE, PROGRAMS, AND PARTNERSHIPS THAT WILL IMPROVE PUBLIC EDUCATION SYSTEMS BY PUTTING THE INTERESTS OF CHILDREN FIRST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS WAS NJCF'S FOURTH YEAR OF OPERATION. WE CONTINUED TO SUPPORT SCHOOL LEADERS AND CBO'S THROUGH THE PANDEMIC AS WELL AS MAKE HEADWAY ON OUR ORGANIZATIONAL GOALS.


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Board, Officers & Key Employees

Name (title)Compensation
Kyle Rosenkrans
Executive Director
$188,950
Kennisha Miles
Deputy Director
$128,298
Everett Johnson
Board Chair
$0
Kevin Shafer
Vice Chair
$0
Modia Butler
Board Member
$0
Edward Hui
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sarah Yan
School Support Portfolio
$240,500
Avela Inc
Website Support
$203,000
Center For Learner Equity
Programmatic Support
$118,625
Mercury Public Affairs
Local And Statewide Strategy
$134,000
50can Inc
External Affairs Programmatic Support
$136,869
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$810,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,955,712
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,765,712
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,796,996

Grants Awarded

Over the last fiscal year, New Jersey Childrens Foundation has awarded $4,466,431 in support to 16 organizations.

Grant RecipientAmount

GREAT OAKS LEGACY CHARTER SCHOOL

PURPOSE: TO SUPPORT GOLCS COMMUNITY AND PARENT ENGAGEMENT PROGRAMS, AND GROWTH PLANS.

$2,245,000

Newark, NJ

PURPOSE: TO SUPPORT PROJECT READY PROGRAMS.

$1,517,056

Newark, NJ

PURPOSE: TO SUPPORT KIPP NEW JERSEY'S COMMUNITY AND PARENT ENGAGEMENT PROGRAMS.

$121,000

New York, NY

PURPOSE: TO SUPPORT UNCOMMON SCHOOLS' COMMUNITY AND PARENT ENGAGEMENT PROGRAMS.

$101,000

BRICK EDUCATION NETWORK

Org PageRecipient Profile

Newark, NJ

PURPOSE: TO SUPPORT BRICK'S PARENT ENGAGEMENT PROGRAMS.

$100,000

MARION P THOMAS CHARTER SCHOOL

Org PageRecipient Profile

Newark, NJ

PURPOSE: TO SUPPORT MPTCS PLANNING.

$85,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that New Jersey Childrens Foundation has recieved totaling $2,624,634.

Awarding OrganizationAmount
City Fund

Beaverton, OR

PURPOSE: OPERATING SUPPORT

$1,502,500
Great Schools For All Inc

Newark, NJ

PURPOSE: TO SUPPORT NJCF ADVOCACY PROGRAMS TO PROMOTE EDUCATIONAL OPPORTUNITY.

$1,060,000
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$62,134
View Grant Recipient Profile

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