2026-04-23T06:52:02-05:00 2025-06-30 334358135 SAX ADVISORS LLC 389 INTERPACE PARKWAY STE 3 PARSIPPANY NJ 07054 990 2024-07-01 222464316 THE PATERSON EDUCATION FOUNDATION INC PATE 9738818914 422 BROADWAY PATERSON NJ 07501 ROSEMARIE GRANT EXECUTIVE DIRECTOR & CEO 9738818914 2026-04-23 1 1 MARQUS WHITE P00053187 9734726250 2026-04-20 2024 2025-03-06 01:10:19Z PATERSON EDUCATION FUND ROSEMARIE GRANT 422 BROADWAY PATERSON NJ 07501 866674 0 X PATERSON-EDUCATION.ORG X 1983 NJ PATERSON EDUCATION FOUNDATION IS INVOLVED IN VARIOUS PROGRAMS TO IMPROVE EDUCATION IN THE PATERSON PUBLIC SCHOOL SYSTEM. 6 6 36 30 0 0 1138511 861297 0 0 373 377 -6396 -1232 1132488 860442 100000 91172 0 0 698867 727828 0 0 7748 210361 219004 1009228 1038004 123260 -177562 415481 199960 106384 70436 309097 129524 X THE PATERSON EDUCATION FUND (PEF) IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO STIMULATE COMMUNITY ACTION FOR CHANGE SO THAT THE PATERSON PUBLIC SCHOOLS ENSURE THAT ALL PATERSON CHILDREN ACHIEVE HIGH STANDARDS.PEF'S GOALS ARE:TO BUILD OUR COMMUNITY'S CIVIC CAPACITY TO SUPPORT, MONITOR AND ADVOCATE EDUCATION REFORM.TO EDUCATE AND ENABLE COMMUNITY LEADERSHIP TO UNDERSTAND AND ACT ON CHANGING EDUCATION NEEDS.TO PROVIDE A FORUM FOR THE COMMUNITY TO EFFECTIVELY PARTICIPATE IN THE DECISION-MAKING PROCESSES CONCERNING EDUCATION.FOUNDED IN 1983, PEF'S ACTIVITIES BUILD AND NOURISH A CONSTITUENCY FOR SYSTEMATIC SCHOOL REFORM BY EDUCATING THE COMMUNITY ON THE IMPORTANCE OF HIGH STANDARDS AND EXPECTATIONS IN PROVIDING QUALITY EDUCATION FOR ALL CHILDREN. PEF CONVENES AND BROKERS RELATIONSHIPS BETWEEN THE PATERSON SCHOOL DISTRICT AND PRIVATE SECTOR ENTITIES INTERESTED IN PUBLIC EDUCATION IN PATERSON. 0 0 487912 THE NITA M. LOWEY 21ST CENTURY COMMUNITY LEARNING CENTERS (21ST CCLC): PEF OPERATES 21ST CENTURY COMMUNITY LEARNING CENTERS IN TWO SCHOOLS, PROVIDING AFTER-SCHOOL AND SUMMER TUTORING, ACADEMIC ENRICHMENT, CULTURAL, ARTISTIC, AND SOCIAL AND EMOTIONAL WELLBEING OPPORTUNITIES. THE PROGRAMS ARE STEAM BASED AND USE INQUIRY-BASED LEARNING TO FULLY ENGAGE STUDENTS IN THEIR OWN GROWTH AND DEVELOPMENT. THE PROGRAM BEGAN IN OCTOBER 2020 AND SERVES 151 STUDENTS IN GRADES 3 THROUGH 8. PROGRAMS SUPPORT: ACADEMIC ENRICHMENT ACTIVITIES THAT CAN HELP STUDENTS MEET STATE AND LOCAL ACHIEVEMENT STANDARDS.A BROAD ARRAY OF ADDITIONAL ENRICHMENT SERVICES DESIGNED TO REINFORCE AND COMPLEMENT THE REGULAR ACADEMIC PROGRAM, SUCH AS: DRUG AND VIOLENCE PREVENTION PROGRAMS, CAREER AND TECHNICAL PROGRAMS, COUNSELING PROGRAMS, ART, MUSIC PROGRAMS, STEM PROGRAMS, AND PHYSICAL ACTIVITY AND NUTRITION EDUCATION PROGRAMS.LITERACY AND RELATED EDUCATIONAL DEVELOPMENT SERVICES TO THE FAMILIES OF CHILDREN WHO ARE SERVED IN THE PROGRAM. 261105 OUR RESTORATIVE PRACTICES STRATEGY PROVIDES TRAINING AND IMPLEMENTATION FOR PATERSON PUBLIC SCHOOLS TO IMPROVE CULTURE AND CLIMATE. BY BUILDING RELATIONSHIPS AND ENGAGING IN SMALL GROUP COMMUNITIES, SCHOOLS ARE EXPERIENCING DECREASES IN DISCIPLINARY INFRACTIONS THAT LEAD TO SUSPENSIONS AND EXPULSIONS. WE ALSO OFFER PROFESSIONAL DEVELOPMENT IN ADVERSE CHILDHOOD EXPERIENCES (ACES), TRAUMA INFORMED CARE, AND HEALING CENTERED ENGAGEMENT. 300 EDUCATORS AND ADMINISTRATORS RECEIVED MASTER TRAINING. THEY IN, TURN TRAINED APPROXIMATELY 1,200 OF THEIR PEERS. THE PROGRAM IMPACTED APPROXIMATELY 10,000 STUDENTS. 123644 91172 PEF IS THE CONVENER FOR PATERSON READS, A CITY-WIDE COALITION USING A COLLECTIVE IMPACT MODEL TO ENGAGE THE COMMUNITY IN ENSURING THAT EVERY PATERSON CHILD READS ON GRADE LEVEL BY THE END OF 3RD GRADE. PATERSON READS ALIGNS COMMUNITY RESOURCES TO IMPROVE SUMMER LEARNING, INCREASE EARLY LEARNING, AND IMPROVE ATTENDANCE BY REDUCING CHRONIC ABSENTEEISM. TALK READ SING PROVIDED TOTE BAGS WITH TIPS AND TOOLS FOR 500 PARENTS OF CHILDREN AGES BIRTH THROUGH THREE. THE INFORMATION HELPS WITH LANGUAGE ACQUISITION AND BRAIN DEVELOPMENT. THIRTY COMMUNITY-BASED ORGANIZATIONS ARE ACTIVE PARTICIPANTS, SERVING MORE THAN 15,000 CHILDREN. PATERSON READS IS PART OF THE NATIONAL GRADE LEVEL READING CAMPAIGN. TALK READ SING IS AN INITIATIVE OF THE CLINTON FOUNDATION 39612 ALL OTHER PROGRAMS: IDEA/DOE STEAM 39612 912273 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 36 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X ROSEMARIE GRANT 9738818914 422 BROADWAY PATERSON NJ 07501 PERRY LIGHTY PRESIDENT 2.00 X X 0 0 0 ERROL KERR TREASURER 2.00 X X 0 0 0 MELISSA BARALT PHD SECRETARY 2.00 X X 0 0 0 DWAYNE A COX MEMBER 2.00 X X 0 0 0 XIANIA FOSTER MEMBER 2.00 X X 0 0 0 RAMON PAGAN PHD MEMBER 2.00 X X 0 0 0 LAURIE W NEWELL PHD MEMBER 2.00 X 0 0 0 ROSEMARIE GRANT EXECUTIVE DIRECTOR & CEO 40.00 X 81533 0 7954 81533 0 7954 0 0 0 0 0 2130 516902 342265 861297 377 377 5000 2130 6232 -1232 -1232 860442 0 0 -855 91172 91172 89193 80274 8919 524654 485407 39247 52983 37842 15141 60998 47774 13224 29000 9315 19685 32714 32714 12120 6000 6120 20058 17998 2060 1056 1056 5216 3912 1304 PROGRAM EXPENSES 82016 79496 171 2349 BOOKS AND MATERIALS 10694 8330 2364 DUES AND SUBSCRIPTIONS 7982 6689 1293 TELEPHONE 6184 3243 2941 11964 2107 4458 5399 1038004 912273 117983 7748 136718 94196 258361 94250 10375 3994 22209 22209 0 0 10027 7520 415481 199960 106384 30436 40000 106384 70436 X 79070 90631 230027 38893 309097 129524 415481 199960 -177562 -2011 0 X X 0 1 X 1 0 X 747066 957025 1141832 1138511 861297 4845731 747066 957025 1141832 1138511 861297 4845731 1002124 3843607 257 257 257 352 377 1500 959 959 165 165 4848355 0.79280 0.73310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10027 -1634 8393 9913 114 10027 10045 -132 9913 11938 -1893 10045 11546 392 11938 1.00000 0 0 22209 22209 0 0 X 864663 -2011 6232 4221 860442 0 860442 1044236 6232 6232 1038004 0 1038004 PART V, LINE 4: PEF'S ENDOWMENT FUND CONSISTS OF AN INVESTMENT FUND ESTABLISHED PRIMARILY FOR SCHOLARSHIPS. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: PEF APPLIES THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS (FASB ASC TOPIC 740) AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX PROVISIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PEF IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PEF BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR FOR THE THREE YEARS PRIOR TO THE CURRENT YEAR END. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 6,232. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 6,232. 0 BLACK LIVES MATTER PATERSON 245 BROADWAY PATERSON NJ 07504 5000 0 PATERSON READS SUMMER LITERACY BOYS & GIRLS CLUB OF PATERSON AND PASSAIC 264 21ST AVENUE PATERSON NJ 07501 208485917 15000 0 PATERSON READS SUMMER LITERACY CAMP YDP 13-15 NORTH 1ST STREET PATERSON NJ 07522 15000 0 PATERSON READS SUMMER LITERACY CIRCLE OF CARE 3 GARRETT MOUNTAIN PLAZA SUITE 200 WOODLAND PARK NJ 07424 13672 0 PATERSON READS SUMMER LITERACY GILMORE MEMORIAL PRESCHOOL 505 EAST 24TH STREET PATERSON NJ 07514 15000 0 PATERSON READS SUMMER LITERACY NEW DESTINY FAMILY SUCCESS CENTER 79 ELLISON STREET PATERSON NJ 07505 208485917 12500 0 PATERSON READS SUMMER LITERACY OASIS A CENTER FOR WOMEN AND CHILDREN 59 MILL STREET PATERSON NJ 07501 15000 0 PATERSON READS SUMMER LITERACY FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE TAX RETURN IS SENT TO THE ORGANIZATION TO REVIEW AT A MEETING OF THE BOARD OF DIRECTORS BEFORE IT IS FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C COPIES OF THE POLICIES ARE DISTRIBUTED AND EMPLOYEES ARE COUNSELED ON ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE TO THE GENERAL PUBLIC ANYTIME UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH IS RESPONSIBLE FOR THE FINANCIAL REPORTING.