Overview
What is New Jersey Press Foundation C/O Corporation Service Company?
The New Jersey Press Foundation C/O Corporation Service Company is a nonprofit organization dedicated to fostering the development of future journalists and informed citizens. They carry out this mission through various initiatives such as offering journalism internships, granting scholarships, and managing the New Jersey Collegiate Press Association. Another significant program is Newspapers-in-Education (NIE), which aims to incorporate newspapers into educational settings. By implementing these programs, the foundation works to emphasize the significance of a free press in our democracy and contributes to shaping the next generation of media professionals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The New Jersey Press Foundation has earned an 87% rating from Charity Navigator, reflecting a solid performance primarily in Accountability & Finance. This high score demonstrates the organization's commitment to responsible financial practices and transparency. With a focus on maintaining an independent board and having no material diversion of assets, the foundation showcases strong governance.
The foundation's strengths lie in its independent board composition, with 90% of members being independent, and effective policies such as a conflict of interest policy and a whistleblower policy. Additionally, it maintains a low liabilities to assets ratio of 0.81%, indicating sound financial health. The program expense ratio of 64.54% suggests that a significant portion of its funding is directed towards its mission-related activities, though there may still be room for improvement in this area.
While the organization demonstrates a commendable level of accountability and operational integrity, the program expense ratio may imply that a smaller portion of its budget is being utilized directly for programs compared to some other nonprofits. Overall, the New Jersey Press Foundation appears to be a responsible and well-managed organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey Press Foundation C/O Corporation Service Company legitimate?
New Jersey Press Foundation C/O Corporation Service Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Press Foundation C/O Corporation Service Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,005
For more financial information, click here
What is the mission statement of New Jersey Press Foundation C/O Corporation Service Company?
The New Jersey Press Foundation, managed by Corporation Service Company, is dedicated to nurturing the upcoming generation of journalists and well-informed citizens. A key part of their mission involves advocating for the significance of a free press in our democracy. They accomplish this through various significant programs, such as journalism internships, scholarships, and the administration of the New Jersey Collegiate Press Association. Additionally, they oversee the Newspapers-in-Education program, which aims to incorporate journalism into educational curriculums.
Who is the CEO of New Jersey Press Foundation C/O Corporation Service Company?
Mark Blum is the Chairman of New Jersey Press Foundation C/O Corporation Service Company.
What is the revenue of New Jersey Press Foundation C/O Corporation Service Company?
New Jersey Press Foundation C/O Corporation Service Company's revenue in 2022 was $62,499.
Who are the executives of New Jersey Press Foundation C/O Corporation Service Company and what are their salaries?
There 11 volunteers at New Jersey Press Foundation C/O Corporation Service Company.
Here are 10 key members and their salaries:
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Where can I find the form 990 for New Jersey Press Foundation C/O Corporation Service Company?
New Jersey Press Foundation C/O Corporation Service Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Jersey Press Foundation C/O Corporation Service Company
The New Jersey Press Foundation, an esteemed organization, is dedicated to nurturing the development of future journalists, well-informed citizens, and advocating for the significance of a free press in our democracy. They accomplish this mission through various significant programs. Among these initiatives, they offer journalism internships, providing aspiring reporters with hands-on experience in the field. Furthermore, they grant scholarships to deserving students pursuing careers in journalism, thereby fostering talent and promoting academic excellence.
In addition to these education-focused efforts, the New Jersey Press Foundation also administers the New Jersey Collegiate Press Association. This association serves as a platform for student journalists to showcase their work, learn from one another, and engage in meaningful discussions about the role of the press in society. Lastly, the foundation runs a Newspapers-in-Education (NIE) program, which aims to integrate newspapers into the classroom curriculum, thereby fostering a culture of informed citizenship among students.
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Impact
August, 2024
The New Jersey Press Foundation, operating under the umbrella of the Corporation Service Company, plays a crucial role in shaping the future of journalism and fostering a well-informed society. By providing opportunities for aspiring journalists through internships and scholarships, supporting newspapers-in-education programs, and overseeing the New Jersey Collegiate Press Association, the foundation actively contributes to the development of the next generation of journalists and advocates for the crucial role of a free press in our democracy. Its impact is felt through the growth and empowerment of individuals entering the field of journalism and the promotion of a strong, independent press for the betterment of society.
This information is meant to be a general summary of New Jersey Press Foundation C/O Corporation Service Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $54,050
- Gross Receipts: $154,349
Assets and Liabilities:
- Total Assets: $1,871,090
- Total Liabilities: $15,300
- Net Assets: $1,855,790
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Organization Details
Founding Year
1962
Phone
(609) 406-0600Principal Officer
Mark Blum
Main Address
100 CHARLES EWING BLVD 160, EWING, NJ, 08628
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