Montclair Scholarship Fund Inc

Awarding scholarships to college-bound MHS seniors with financial need for more than 60 years.

Mission

Awarding scholarships to college-bound MHS seniors with financial need for more than 60 years. The Montclair Scholarship Fund has no staff but is instead run by an all-volunteer Board of Trustees who serve without compensation. The Montclair Scholarship Fund uses donations from individuals, memorial funds, businesses and organizations to provide college scholarships to deserving students with financial need. All donations are used solely for student scholarships. Incidental expenses of running the organization are covered by a separate fund.

Ruling year info

2016

Co-President

Leeta Jordan

Co-President

Mimi Wrede

Main address

100 Chestnut St

Montclair, NJ 07042 USA

Show more contact info

EIN

22-6047818

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Scholarships

Awarding scholarships to MHS seniors with financial need

Population(s) Served
Social and economic status
Age groups

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of academic scholarships awarded

This metric is no longer tracked.
Totals By Year
Related Program

Scholarships

Type of Metric

Other - describing something else

Direction of Success

Holding steady

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Related Program

Scholarships

Type of Metric

Other - describing something else

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our Goal is to get the Montclair community more engaged with MSF as well as making sure that our funds are more easily distributed to our recipients. Finally last year we distributed $361,000 to the class of 2022 and we hope to increase this to $450,000 for he class of 2023

Previously we required students to fill out a form and bring the form to the bursar. The bursar would then sign the form and send it back to our office. Once we received the form from the bursar we would send the check to the college or university with the name of the student on it. Due to covid this system was not working well. This fall we changed our process by contacting all scholarship recipients, obtaining their student ID numbers as well as the mailing address of the bursar. We now send the bursar the check withe student's name and ID number with a statement that if there is an off-set or if the student is not enrolled the check must be returned to us. This has been VERY successful!

We are engaging the Montclair community by attending and participating in community events. We just entered the town Scarecrow contest. In addition, we plan to speak to PTA council to have each elementary school sponsor a scholarship. Finally we are planning small cultivation events to increase our donor base.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization collecting feedback from the people you serve?

    Suggestion box/email,

  • How is your organization using feedback from the people you serve?

  • With whom is the organization sharing feedback?

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Financials

Montclair Scholarship Fund Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Montclair Scholarship Fund Inc

Board of directors
as of 10/16/2022
SOURCE: Self-reported by organization
Board co-chair

Leeta Jordan


Board co-chair

Mimi Wrede

Organizational demographics

SOURCE: Self-reported; last updated 11/2/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American/African
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data