Overview of the NJLM Educational Foundation
The Foundation was incorporated in September 2004 under IRS regulations as a 501(c) (3) corporation. The work of the Foundation began in late 2007 with the Mayors’ School Funding Committee focused on the revised school funding formula. The Committee’s work, funded with a generous grant from The Fund for New Jersey, involved more than 50 Mayors and experts. The result was a report and set of recommendations provided to the Governor, Senate President, and Assembly Speaker offering a unique perspective on the impact of revising the school funding formula for the State of New Jersey. The Trustees continue to build on that foundation of work by developing educational programs, in-depth policy papers on critical issues, funding for important projects and a resource for stakeholders who need to communicate on the critical public policy issues affecting local government and New Jersey.