Hoboken Public Education Foundation Corporation

Overview

The Hoboken Public Education Foundation Corporation is a 501(c)(3) nonprofit organization dedicated to enhancing the public education experience in Hoboken, New Jersey. Established in 2015, it functions as an all-volunteer, parent-run body that leverages private funding to support the Hoboken Public District Schools.

Mission and Objectives

The foundation's mission is to strengthen and enrich the educational environment in Hoboken through innovative programs and community engagement. It aims to encourage involvement from parents, community members, and local businesses, fostering a spirited support system for the schools. Additionally, it provides a platform for making tax-deductible contributions to benefit Hoboken's schools.

Operational Structure

As of recent updates, the foundation has appointed its first Executive Director, Allison Strobel, in 2024. She brings extensive experience in nonprofit and public sector leadership, having worked on significant projects such as developing broadband infrastructure in affordable housing. The foundation is led by a board of dedicated volunteers, including co-founders like Jackie Dowd-Prince and Erica Gavin, who manage operations, fundraising, and strategic partnerships.

Financial Overview

In the fiscal year ending June 2023, the foundation reported revenues of approximately $479,000, primarily from contributions. Expenses totalled about $488,000. The organization maintains zero liabilities and holds total assets of around $448,000[3].

Achievements and Impact

Since its inception, the Hoboken Public Education Foundation has successfully raised nearly $2 million to support local education initiatives[1]. Events such as galas have been instrumental in raising significant funds, such as a notable gala that raised $120,000[5]. The foundation continues to seek corporate donations and community support to further its mission in enhancing educational opportunities in Hoboken.

Governance

Key figures in the governance include board members like Cindy Smith, Melinda Fried, Amy Warshawsky, and Nicole Jala, who all contribute without compensation[3]. The leadership team also includes Vice President Hannah Gordon, who oversees fundraising and events, and Secretary Susan DeRise[4].

Community Engagement

Through its efforts, the foundation aims to foster a sense of community and encourage participation from both individuals and businesses. Its role in promoting educational excellence and providing additional resources to Hoboken’s public schools is pivotal in enriching the educational experience for students.

[1] https://www.idealist.org/en/nonprofit/b7e814e97dc44da9a4d81a98fc67d1d9-hoboken-public-education-foundation-hoboken [2] https://www.hobokenpef.org [3] https://projects.propublica.org/nonprofits/organizations/475008870 [4] https://www.hobokenpef.org/who-we-are [5] https://www.hoboken.k12.nj.us/whats_new/hoboken_public_education_foundation