HUDSON COUNTY SCHOOLS OF TECHNOLOGYFOUNDATION A NONPROFIT CORP

What HUDSON COUNTY SCHOOLS OF TECHNOLOGYFOUNDATION A NONPROFIT CORP does

The Hudson County Schools of Technology Foundation (HCST Foundation) is a 501(c)(3) nonprofit corporation incorporated in New Jersey and headquartered at the Thomas A. DeGise Center, 180 9th Street, Jersey City, NJ. Founded in 2009, the Foundation's sole programmatic purpose is to raise private donations and channel them into scholarships, grants, and enrichment activities for students enrolled in the Hudson County Schools of Technology district. It operates with a self-imposed administrative expense cap of 5% or less of its annual budget, directing the remainder toward field trips, academic competitions (Model UN, Model Congress, FCCLA national leadership conferences), performing arts programs, and scholarships.

The Foundation's revenue mechanics are entirely donation-driven. Funding sources include individual contributions accepted via an online donation portal (with preset tiers of $25, $50, and $100 processed through credit card, Apple Pay, and Google Pay), corporate sponsorships, and proceeds from recurring community events including the Fall Festival, Spring Social, Winter Social, and the Business Circle Breakfast networking program. Distribution to students occurs through an online grant application portal and a formal scholarship award request process administered via the Office of Development. The organization is governed by a volunteer Executive Board led by Board President Veronica Park and Treasurer Tamour Kousha (EVP/CFO of Liberty Science Center), with a Board Attorney (Hudson County Counsel) and trustees representing regional institutions (LeFrak Organization, Eastern Millwork, NJ Building & Construction Trades Council, City of Bayonne, Hudson County Government). There is no proprietary technology, no AI capability, and no commercial product — operations are supported by standard web infrastructure and Google Forms-based intake.

Name

HUDSON COUNTY SCHOOLS OF TECHNOLOGYFOUNDATION A NONPROFIT CORP

Legal name

Hudson County Schools of Technology Foundation

Website

https://hcstfoundation.org

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

The Hudson County Schools of Technology Foundation is a 501(c)(3) nonprofit that raises private donations and channels them into scholarships, grants, and enrichment programs for students of the Hudson County Schools of Technology district in New Jersey.

Ownership category

akta.pro rank

Product category

Educational Foundation Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Scholarship & Fellowship Foundations and Trusts (EDADAHAC), College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

Keywords

• Educational foundation services
• Student scholarship programs
• Educational grant funding
• Nonprofit fundraising
• Community education support

Headquarters

HQ city

Jersey City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Donations and Fundraising: The foundation raises funds through donations from individuals, corporations, and community members. As a 501(c)(3) nonprofit organization, all contributions are tax-deductible to the extent permitted by law. The foundation hosts annual fundraising events including Fall Festivals and Spring Socials, and accepts donations through its online donation platform with preset amounts ($25, $50, $100). The foundation was established in 2009 to promote quality and innovative education for the community.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The HCST Foundation is a 501(c)(3) nonprofit that raises charitable contributions from individuals, corporations, and community donors, then redistributes those funds as scholarships and grants to support educational and extracurricular activities (field trips, academic competitions such as Model UN and Model Congress, performing arts programs, and enrichment experiences) for students of the Hudson County Schools of Technology district. Operating with administrative expenses capped at 5% or less, the foundation acts as a charitable intermediary between donors and the HCST educational community.

Product overview

The HCST Foundation is a 501(c)(3) nonprofit organization established in 2009 that operates as a single, unified grant-making and scholarship distribution organization supporting the Hudson County Schools of Technology. The Foundation does not offer separate modular products but rather provides an integrated suite of educational support services including grant programs for student activities (Model UN, Model Congress, performing arts), scholarship awards, and donation processing. The organization allocates its funds efficiently, with only 5% or less directed to administrative expenses, and channels remaining donations directly to student opportunities such as field trips, competitions, scholarships, and enriching experiences. The Foundation's operations are facilitated through online platforms including grant application portals, donation processing forms, and scholarship request systems.

Differentiator

Problem solved

Functional benefit

Products and services

• HCST Foundation Grant Programs Grant programs that fund student activities within the Hudson County Schools of Technology district, including field trips, Model UN conferences, Model Congress competitions (Rutgers and Harvard), and performing arts programs such as dance master classes with external partners. Awarded to schools and programs based on submitted applications.
• Scholarship Award Program Scholarship awards for Hudson County Schools of Technology students with a formal recipient request process through an online Google Form. Designed to provide direct financial support to individual students for post-secondary education.
• Donation Processing Online donation platform accepting various donation amounts ($25, $50, $100) with payment processing via credit card, Apple Pay, and Google Pay. All contributions are tax-deductible to the extent permitted by law under the foundation's 501(c)(3) status.
• Student Competition Support Financial and administrative support for HCST student participation in competitive academic programs including FCCLA national conferences, Model UN (Bergen Academies and NYC), Harvard Model Congress in Boston, and Rutgers Model Congress. Includes travel, registration, and related expenses.
• Grant Application Portal Online grant application system hosted at forms.hcstonline.org for schools and programs to submit funding requests for student educational activities and programs. Managed through the Office of Development, the portal is the primary intake for grant proposals across all HCST schools.

Quantifiable outcome

• 5% or less administrative expense ratio

Named customers4 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Hudson County Schools of TechnologycoreStrategic or Co-development PartnerThe HCST Foundation was established to support the educational and extracurricular activities of students at the Hudson County Schools of Technology. The foundation works closely with the school district to provide scholarships, grants for field trips, competitions, and enrichment experiences.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Jersey City Public Schools Foundation: A local education foundation supporting Jersey City Public Schools students through scholarships, grants, and enrichment funding. Directly comparable as a city/district-aligned 501(c)(3) education nonprofit operating in the same Hudson County ecosystem with similar grantmaking and donor-event fundraising models.
• Foundation for Newark's Future: A place-based education and youth-focused foundation supporting Newark public schools. Comparable as an urban, district-affiliated education foundation using grantmaking to fund enrichment, scholarships, and student success programs in a comparable Northeastern urban community.
• PENCIL (Partnership for Education of New York City): A nonprofit that connects business and community resources with NYC public schools, including grants for enrichment, student programs, and school partnerships. Comparable as a public-school-aligned education foundation providing grants and corporate-engagement programming in an urban district context.

Broad incumbents

• DonorsChoose: A national crowdfunding platform that lets teachers and schools post classroom project requests funded by individual donors. Comparable in mission (funding enrichment activities for public-school students) and donor-revenue model, though operating nationally via digital marketplace rather than local events.
• Hispanic Scholarship Fund: A national nonprofit providing scholarships and education support to Hispanic students. Comparable in core activity (scholarships and student-success funding for underserved students) but operating nationally rather than at a single district.
• Community Foundation of New Jersey: A statewide community foundation managing charitable funds and distributing grants across New Jersey, including education-focused giving. Comparable as a New Jersey-based grantmaking organization supporting schools and youth programs, though operating at much broader scale across causes.
• National Education Foundation (NEF): A national nonprofit that partners with school districts to provide STEM, college readiness, and teacher training through grants and corporate partnerships. Comparable in operating model (district partnerships, grant-funded enrichment, corporate sponsorship engagement), though at significantly larger scale.

Emerging players

• KIPP Foundation: A national network of public charter schools supported by a dedicated foundation that funds enrichment, scholarships, and college persistence programs. Comparable as a school-network-affiliated foundation issuing scholarships and grants to support student success outcomes.

Regional players

• Adler University / NJ-based school-affiliated education foundations (e.g., Bayonne Public Schools Foundation): Smaller city- or district-level education foundations in New Jersey (e.g., Bayonne, Hoboken, Elizabeth) that raise money through events and donations to fund student scholarships, trips, and competitions. Highly comparable structure and operating model within the same regional ecosystem.

Others

• PENCIL Foundation (Tennessee) — note: distinct entity but similar niche: Regional education foundations operating similar models (corporate sponsorship, event fundraising, school-level grants) in other U.S. markets. Comparable as a model-look-alike for community-driven K-12 enrichment funding even though operating in a different geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hudson-county-schools-of-technologyfoundation-a-nonprofit-corp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about HUDSON COUNTY SCHOOLS OF TECHNOLOGYFOUNDATION A NONPROFIT CORP