GOLD2024

THE SCHOLARSHIP FUND FOR INNER-CITY CHILDREN

Changing Lives Through The Gift Of Education

Newark, NJ   |  https://www.sficnj.org

Mission

The Scholarship Fund for Inner-City Children (SFIC) provides children in need with the opportunity for a quality, values-based education in a safe environment.  The fund provides partial-tuition assistance to economically disadvantaged children attending private and parochial schools within Bergen, Essex, Hudson and Union counties.  Tuition assistance awards are based upon need without regard to gender, ethnicity, race or religion.

Ruling year info

1946

Chief Executive Officer

Dr. Michelle L. Hartman

Main address

171 Clifton Avenue P. O. Box 9500

Newark, NJ 07104-0500 USA

Show more contact info

Formerly known as

The Fund for Educational Advancement

EIN

51-0546401

NTEE code info

Fund Raising and/or Fund Distribution (B12)

Fund Raising and/or Fund Distribution (O12)

IRS filing requirement

This organization is not required to file an annual return with the IRS because it is a church.

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Our organization wants to provide the ability for families, who are economically challenged in our service areas, the option to choose a parochial private school in our service area. Many families would like to send their children to private parochial schools because of various concerns including: Student safety in high crime urban areas Student educational achievement Overall student graduation and attendance rates in the local school districts versus private parochial schools in the areas. Unfortunately, due to their financial challenges (many are at or below the federal poverty levels) they are not capable of following these educational options without some partial tuition assistance.

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?

The Scholarship Fund for Inner-City - General Program

Partial-tuition assistance provided to students to attend elementary and secondary schools within our service area.  Funded with unrestricted donations from individuals, corporations and foundations.

Population(s) Served
Children and youth
Economically disadvantaged people

For students attending elementary and secondary schools.  Funded by restricted donations from individual donors, corporations and foundations for the benefit of designated schools, localities or award recipients.

Population(s) Served
Children and youth
Economically disadvantaged people

One week STEM program where six students from local parochial high schools are chosen to participate in real-world application of STEM principles.

Trainees forge futures, make friends and explore careers. Students chosen for the program are immersed in science, technology, engineering and math education while focusing on college and career preparation. Extended-duration missions give trainees more teamwork experience to prepare for becoming the next generation of space leaders and explorers.

During the five-night program, trainees undergo hands-on drills, team building as well as learn about the mental and physical demands for astronauts, engineers and technologists. The buoyancy of water provides the environment for microgravity exercises in the Underwater Astronaut Trainer, while the Multi-Axis Trainer and 1/6th gravity chair further challenge balance and movement.

Population(s) Served
Students

Where we work

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.

To provide each and every eligible applicant with partial tuition assistance to attend a private parochial school of their choice within the service areas of Bergen, Essex, Hudson and Union counties in New Jersey and to acquire funding from individual, corporate and foundation donors to meet the above goals.

Communicate with school administrators to increase application distribution.
Provide information about our programs to potential applicants and potential donors by:

1. Outreach through social media, email and direct mail.
2. Fundraising events throughout the year
3. Direct mail, social media and website fundraising appeals and general information distribution
4. Phone and direct one on one communication and follow up with school administrators, potential applicants and potential donors.
5. Building a diverse organizational membership that will build on individual, corporate and foundation donors.

We have abundant staffing capabilities for implementing the fundraising and daily administrative duties. We continue to expand by providing professional growth through training.

Our board members participate in networking, fundraising and revenue generation by utilizing their professional and social networks. Our organization is looking to expand the diversity of our board membership and have just developed a Board of Associates which is a group of young professionals to continue the legacy, passionately support our mission and are providing future diversity and growth for our board membership.

We have the office, IT network infrastructure and equipment to develop and maintain our internet and social media strategies.

Our development staff is pursuing new and innovative ways to increase our fundraising goals.

Accomplishments

Utilization of an online application management system.
We've expanded our volunteer and professional networking through a newly established Board of Associates, alumni network and redevelopment of our website.

We've expanded our development team and have implemented additional fundraising resources (silent and live auction events with pre-bidding capabilities) during our Annual Gala.
Automated the silent and live auction events.
Awareness of our mission and responses to our "call to action" through social media and online presence have increased.
Increase in donor relationship via the addition of a Director of Development. We aim to increase donor participation and commitment to the organization.


Looking to Accomplish

Increase our donor and alumni participation and awareness by focusing on developing and expanding our relationship with these groups.
Like to add additional ways for donors to donate (such as donating by text and increasing our alumni participation and donations).

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 using feedback from the people you serve?

    To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

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

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

THE SCHOLARSHIP FUND FOR INNER-CITY CHILDREN
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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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  • Compare nonprofit financials to similar organizations

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

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

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

THE SCHOLARSHIP FUND FOR INNER-CITY CHILDREN

Board of directors
as of 01/30/2024
SOURCE: Self-reported by organization
Board chair

Mr. Joseph J. Hughes

Country Club Services, Inc.

Term: 2020 -

Joseph J. Hughes

Board Chairman, President - Country Club Services

Kevin Cummings

Board Vice-Chairman, Director - Citizens Financial Group

James P. McTernan

Board Treasurer, Managing Director (Retired) - Millenium Partners, LLC

Annette Altamore Davila

Board Secretary, President - Roxbury Realty Corp.

Joseph J. Oakes, III

Board Chairman Emeritus, Chairman, Acorn Financial Services, Inc.

John P. Callahan

Managing Director, Merrion Investment Management

Frank D. Casciano, Esq.

General Counsel - RPM Development Group

Paul S. Doherty, III

Co-Founder & Managing Partner - Hartman, Doherty, Rosa, Berman & Bululia

Cornelius D. Durkin

Administrator - Durkin & Durkin, LLC

Robert E. Harahan, S.T.D.

Rev. Msgr., Retired Pastor - St. Rose of Lima Catholic Church

Kenneth F. Kunzman, Esq.

Sr. Partner - Connell Foley, LLP

Anthony M. Linn

President - PERT Associates, Inc.

Brian D. McAuley

Chairman - Anterix

Roy "Jay" J. Thibodaux, III, Esq.

Partner - Berkowitz, Lichstein, Kuritsky, Giasullo & Gross, LLC

John C. Walton

Chairman - DVUV, LLC

Janine Garvey

Consultant

Michael Rolek

Attorney - Connell Foley, LLP

Caridad F Rigo

Administrative Law Judge - Retired

Christine Pfisterer-Walton

Physician - Northern Jersey Orthopedic Center

Michael Linn

Salvator Bursese

CPA - Smolin, Lupin & Co., LLC

James W Crawford III, Esq.

Vice Admiral, USN (Ret)

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/30/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity
Female

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 01/30/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.