Journal News – May 19, 2011
http://www.lohud.com/apps/pbcs.dll/article?AID=2011105190350
Foundation: New Rochelle Fund for Educational Excellence (New Rochelle School District)
Address: 265 Clove Road, New Rochelle, NY 10801
Website: http://www.nredfund.org/fund/
Contact info: 914-576-4657, susan@nredfund.org
Total revenues 2009 FY: $216,590
Total expenses 2009 FY: $241,950
Paid staff: Two part-time paid staff members; chairwoman / director is paid $30/hour and works, on average, 10 hours/week
Officers: Meredith Hilton, chairwoman; Harry Hagendorf, Deirdre Polow, vice presidents; Brian Rosner, secretary; Linda Kelly, treasurer
Fundraisers: None detailed
Grants, similar amounts paid 2009 FY: Total $173,520; grants, similar amounts paid and expenses include: advertising and promotion ($38,587), information technology ($4,240), SAT course licensing fee ($65,714), Museum of Arts and Culture ($22,915), Agenda Books ($4,435), Chess in Our Schools ($10,000), Circle of Friends ($5,220), Civics Week ($577), Jeremy Scheinfeld Publish ($4,394), Konowitz Music Improv ($8,125), Literary Festival ($3,018), Theatre Workshop ($5,400), Young Engineers ($2,000), Science Speakers ($850), meetings and seminars ($281), dues and fees ($190), miscellaneous ($1,706). The foundation funds projects outside of the school budget. These include: a Kaplan SAT review program that offers college-entrance-exam preparation to all students of the district, either at a reduced fee or through scholarship for those with financial need; a Museum of Arts and Culture at New Rochelle High School that features exhibits for students and the community, and is the only Regents-chartered museum in a school in the state; a Chess in Our Schools program that pays for chess masters to teach elementary school students about the game.
History: Founded in 1996
Other: In 2009 FY, the foundation received $590,854 in gifts, grants, similar amounts paid, contributions and membership fees; $521,070 in gross receipts from admissions, merchandise and services; and $18,484 from financial investments.