New Jersey · Nonprofit
FOUNDATIONS INC
FOUNDATIONS INC (New Jersey) receives grants from 53 organizations whose IRS filings report $16,820,528 to it, the largest being WK Kellogg Foundation ($2,180,000). 28 of them have funded it in more than one year.
- Revenue FY2024
- $10M
- Funders on record
- 53
- Grants received
- $17M
- Net assets
- $5.0M
What Foundations Inc does
Mission
Foundations is dedicated to improving the quality of education for our nation's most vulnerable children by strengthening the skills of educators through professional learning. Foundations, inc. Is a not-for-profit educational service organization committed to building the quality of educational opportunities for children, youth, and families in underserved communities through work with public charter schools, school districts, education and community-based organizations, and afterschool program providers. The organization focuses on capacity-building through professional learning, technical assistance, program development, supporting tools, and services. The organization receives its support from various sources including foundation grant programs, government grants, performance contracts, product sales, contributions from foundations, and conference fees.
As stated on its FY2024 Form 990.
Programs
School services - the office of education and innovation provided school-wide professional learning systems, leadership and instructional coaching, curriculum review and redesign, interim school leadership and special education program support to 28 charter and district schools, serving over 20,000 students. In 2025, we provided virtual as well as in-person professional learning and coaching sessions to thousands of educators, primarily in the mid-atlantic region of the country. We also expanded highly effective professional learning sessions for paraeducators in an effort to support the needs of special education students. Our team designed and implemented new teacher inductions programs as well as teacher supervision and evaluation tools and processes. We supported numerous charter schools as they worked to achieve charter renewal status. The office of education and innovation team supported the design and development of instructional programs for numerous grant proposals and implemented and expanded the "academy at penn" program, a college and career readiness model serving one hundred first generation college- bound students in philadelphia.
$3,199,717 spent$3,524,852 earned by the program33% of program spendingThe office of professional learning - the office of professional learning provided in-person and virtual trainings to an estimated 2,700+ participants from 30 states across the nation, the district of columbia, u.s. Virgin islands, and parts of the world. This year, the office has distributed resources to 1090+ afterschool practitioners nationwide. Additionally, the center operated 8 afterschool programs involving 1,400 k through 8th grade students in philadelphia schools.
$2,971,530 spent$2,745,235 earned by the program30% of program spendingThe campaign for grade-level reading - foundations is the fiscal sponsor to the campaign for grade level reading (cglr). The mission of cglr is to disrupt the generational cycle of poverty by improving the prospects for early school success for children growing up in economically challenged, fragile and otherwise marginalized families. Cglr advances this mission by focusing on two critical inflection points: grade-level reading by the end of third grade and, more recently, on-track development by the end of kindergarten. Research, practice and common sense confirm both as critical to the early school success that predicts later school achievement and high school graduation, the first rung of the "success sequence" leading to employment and earnings.
$1,346,409 spent14% of program spendingOther activities: conferences, compensatory education & innovation and development.
$2,251,195 spent$1,493,508 earned by the program23% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $9,768,851.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $3.4M to $4.7M (+39%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 29% · 2018 27% · 2019 15% · 2020 18% · 2021 14% · 2022 10% · 2023 18% · 2024 8%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Linda Romano
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 7 funders to 15 funders, grant income rose $385k → $1.6M.
12 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FOUNDATIONS INC’s funders (the co-funder graph). Top 30 of 53 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FOUNDATIONS INC has a broad base — no single funder exceeds 13% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
27% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOUNDATIONS INC.
Largest funder’s share by year: 2017 65% · 2018 54% · 2019 21% · 2020 21% · 2021 25% · 2022 30% · 2023 31% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
27% of FOUNDATIONS INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
FOUNDATIONS INC draws 84% of its grant income from funders outside New Jersey, across 17 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.2M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding FOUNDATIONS INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7k on record.
- FEDERAL$7k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like FOUNDATIONS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
72%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 3 states
Part of a family of 1 related entity
- The Schwartz Creed Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for FOUNDATIONS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FOUNDATIONS INC?
- FOUNDATIONS INC (New Jersey) receives grants from 53 organizations whose IRS filings report $16,820,528 to it, the largest being WK Kellogg Foundation ($2,180,000). 28 of them have funded it in more than one year.
- How many funders does FOUNDATIONS INC have?
- IRS filings report 53 organizations giving $16,820,528 in grants to FOUNDATIONS INC, 28 of which have funded it in more than one year.
- Who is the largest funder of FOUNDATIONS INC?
- WK Kellogg Foundation is the largest funder on record, with $2,180,000 in grants. The full list of funders is on this page.
- How can an organization like FOUNDATIONS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Foundations →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 53 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing