New Rochelle Fund For Educational Excellence

What New Rochelle Fund For Educational Excellence does

The New Rochelle Fund for Educational Excellence is a 501(c)(3) nonprofit foundation established in 1996 (tax-exempt since 1998) that supplements the operating budget of the City School District of New Rochelle (CSDNR) through a portfolio of educational enrichment programs delivered almost entirely by volunteers with faculty support and one part-time staff member (Executive Director Anne Todd). Its core programs include Chess Instruction (free after-school chess for 3rd–4th graders via NSCF instructors), the Grants Program (awarded $163K+ across 130+ projects since 2018), Poetry Out Loud (annual poetry recitation, grades 3–6, running 27–28 years), the Museum of Arts & Culture (on-site museum at NRHS), SAT/ACT Prep Classes (subsidized Applerouth bootcamp at $250, $30 for financial-aid students), and the Civics Fair (in partnership with the City of New Rochelle and NRHS Social Studies). Revenue is generated entirely from philanthropic sources: individual donations, bequests and legacy gifts (including a $350K Arnelle gift and ~$1M Pasciuti gift in 2024), corporate matching programs (via Double the Donation), stock donations, and proceeds from the annual Foundation Awards Gala and Pancake Breakfast. The Fund is governed by a Board that includes the CSDNR Superintendent ex officio, the Board of Education President, the NRHS Principal, parents, teachers, and community leaders — embedding the organization structurally inside the district it serves.

Name

New Rochelle Fund For Educational Excellence

Legal name

New Rochelle Fund for Educational Excellence

Website

https://nredfund.org

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

The New Rochelle Fund for Educational Excellence is a 501(c)(3) nonprofit foundation, established in 1996 and run by volunteers, that funds and delivers educational enrichment programs — chess, poetry, civics, museum, test prep, and classroom grants — exclusively for students in the City School District of New Rochelle.

Ownership category

akta.pro rank

Product category

Educational Enrichment Services

NAICS

Grantmaking and Giving Services (81321), Educational Services (611), Educational Support Services (6117)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Education Grantmaking Foundations (BPAGAKAK)

akta.pro secondary industries

K–12 Support & School Improvement Nonprofits (BPAGADAB), After-School, Tutoring & Academic Enrichment Nonprofits (BPAGADAC), College Access, Scholarships & Student Success Nonprofits (BPAGADAE), Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Educational enrichment programs
• Nonprofit foundation services
• School grant funding
• College test preparation
• Community fundraising events

Headquarters

HQ city

New Rochelle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Individual Donations: Tax-deductible donations from individuals supporting educational enrichment programs
2. Bequests and Legacy Gifts: Planned giving and estate donations including the $350,000 H. Jesse Arnelle gift and $1 million Edward C. Pasciuti Legacy Gift
3. Annual Foundation Awards Gala: Annual fundraising event that generates revenue while honoring distinguished alumni and community leaders
4. Corporate Matching Gifts: Corporate matching gift programs where employers match employee donations
5. Stock Donations: Gifts of stocks and investment holdings to Vanguard investments account

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

The New Rochelle Fund for Educational Excellence is a 501(c)(3) nonprofit foundation that funds and delivers supplemental educational enrichment programs for students in the City School District of New Rochelle. Its offerings include Chess Instruction, a Grants Program for innovative school projects, Poetry Out Loud, the Museum of Arts & Culture, subsidized SAT/ACT Prep Classes, a Civics Fair, and community fundraising events (Foundation Awards Gala and Pancake Breakfast). Programs are carried out almost entirely by volunteers with faculty support and one part-time staff member.

Product overview

The New Rochelle Fund for Educational Excellence operates as a 501(c)(3) non-profit foundation that supports the City School District of New Rochelle through educational enrichment programs. The organization offers a portfolio of programs including Chess Instruction (free afterschool chess for grades 3-4), Grants Program (funding innovative school projects), Poetry Out Loud (annual poetry competition), Museum of Arts & Culture (on-site museum at NRHS), SAT/ACT Prep Classes (low-cost test preparation), Civics Fair (civic readiness program), Foundation Awards Gala (annual recognition event), and Pancake Breakfast (community fundraising event). These programs are carried out almost entirely by volunteers with faculty support and one part-time staff member.

Differentiator

Problem solved

Functional benefit

Products and services

• Chess Instruction Free afterschool chess program for third and fourth graders taught by National Scholastic Chess Foundation (NSCF) instructors, with two 10-week sessions per school year focused on critical thinking and social skills.
• Grants Program Grants to schools that supplement instructional needs, fulfill enrichment opportunities, or subsidize new programs in the City School District of New Rochelle.
• Poetry Out Loud Annual poetry celebration for students in grades 3-6 who read original poems to family, teachers, and community members; emceed by the Mayor of New Rochelle and accompanied by a published anthology of student poems.
• Museum of Arts & Culture (MAC) Professional on-site museum experience for NRHS students located in the Arts wing of New Rochelle High School, featuring student-led collaborations and exhibits by established artists with emphasis on alumni artists.
• SAT/ACT Prep Classes Low-cost college test prep bootcamp in partnership with Applerouth offering 15 hours of group instruction plus online access to practice tests and resources. Available to NRHS and Huguenot Academy students at $250 standard, with students needing financial assistance paying only $30.
• Civics Fair Annual civic engagement program held in partnership with the City of New Rochelle and NRHS Social Studies department, featuring projects by students earning the NYS Seal of Civic Readiness.
• Foundation Awards Gala Annual fundraising gala honoring distinguished alumni, community leaders, and educators while awarding cash prizes to outstanding NRHS seniors for excellence and leadership; held in March at the Surf Club on the Sound.
• Pancake Breakfast Community fundraising breakfast event held annually before the New Rochelle Thanksgiving Parade, with school principals and administrators serving pancakes.

Quantifiable outcome

• 130+ projects funded with $163K+ awarded since 2018
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Six partnerships are on record, tiered core, minor and supporting.

• ApplerouthcoreStrategic or Co-development PartnerApplerouth provides college test prep bootcamp curriculum. The Fund partners with Applerouth to offer SAT/ACT prep at New Rochelle High School at a substantially reduced price ($250 vs. standard rates), with students needing financial assistance paying only $30.
• National Scholastic Chess Foundation (NSCF)coreStrategic or Co-development PartnerNSCF provides expert chess instructors for the after-school chess program for 3rd and 4th graders. The 10-week program offers one hour of instruction per week, with instructors promoting critical thinking and social skills.
• City of New RochellecoreStrategic or Co-development PartnerThe City of New Rochelle partners with the Fund for the annual Civics Fair, held in collaboration with the NRHS Social Studies department. The Mayor emcees the Poetry Out Loud event.
• NRHS Social Studies DepartmentcoreStrategic or Co-development PartnerCollaborates with the Fund on the Civics Fair, featuring projects by students earning the NYS Seal of Civic Readiness.
• Jeremy Scheinfeld Foundation for KidsminorStrategic or Co-development PartnerJodi and Robert Scheinfeld, founders of the Jeremy Scheinfeld Foundation for Kids, helped establish Poetry Out Loud. The Fund's Jeremy Scheinfeld Publishing Center publishes student poems.
• Double the DonationsupportingTechnology or IntegrationPower matching gift search tool on the Fund's website that helps donors identify if their employer matches charitable contributions.

Scale indicators6 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• The National Education Foundation: A national nonprofit providing education support programs, teacher training, and student enrichment. Adjacent nonprofit operating in education funding and support, sharing the broader 'education foundation' mission category.
• NEA Foundation: The charitable arm of the National Education Association, awarding grants and supporting educators nationwide. A much larger, national-scale education grantmaking organization that competes for the same donor and program delivery space as local education foundations.

Direct peers

• Scarsdale Education Foundation: A volunteer-driven K-12 education foundation serving Scarsdale Middle School and Scarsdale High School in Westchester County, NY. Closely comparable community-based fundraising and grantmaking model supporting public school enrichment in a single affluent suburb.
• The Public School Foundation of Raleigh: A community-supported 501(c)(3) that funds innovative teacher grants and enrichment programs for Wake County Public Schools. A direct single-district analog with grants and corporate partnership programs similar to the NR Fund.
• San Francisco Public Schools Foundation: A 501(c)(3) that raises private funds to support San Francisco Unified School District programs, teachers, and students. A larger-scale analog of the NR Fund's single-district enrichment grantmaking model.
• Briarcliff Manor Education Foundation: A volunteer-run K-12 education foundation supporting the Briarcliff Manor Union Free School District in Westchester, NY. Closely mirrors the NR Fund's small-staff, district-embedded, grant-and-program model.
• Mamaroneck Schools Foundation: A K-12 education foundation serving the Mamaroneck Union Free School District in Westchester County, NY. Comparable single-district nonprofit grantmaking and enrichment-fund model with similar donor base and program mix.
• DonorsChoose: A national crowdfunding nonprofit that channels donations directly to public school teachers for classroom projects. Operates a similar teacher-grant pipeline as the NR Fund's grants program, but at vastly larger scale and geographic reach.
• AdoptAClassroom: A national 501(c)(3) that crowdsources funding for K-12 classroom supplies and enrichment. Comparable mission of channeling donor dollars to supplement underfunded public school budgets.
• The Fund for Public Schools (NYC): The independent nonprofit that supports New York City public schools through private fundraising, partnerships, and innovation grants. Operates the same fundamental playbook as the NR Fund — district-affiliated enrichment and grantmaking — at massive urban scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/nredfund

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Rochelle Fund For Educational Excellence