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Eastside High School in Paterson sits in the middle of a struggling neighborhood, in a city where 25% of the residents are living below the poverty line, according to the 2020 U.S. Census.
Paterson’s poverty rate is more than twice the state average of 10%, which makes the school, built in 1926, a refuge — and now a resource.
On Thursday, Montclair State University president Jonathan Koppell came to Eastside with a $1 million grant and a vision: to make the school into a community hub, offering free meals, health care, and mental health counseling, not just to the 2,000 students, but to their families as well.
The initiative is called One Square Mile, and it is being seeded with a $1 million grant from the Geraldine R. Dodge Foundation. The program was developed by Koppell during his tenure as Dean of the Watts College of Public Service and Community Solutions at Arizona State University, which worked with the Phoenix-area community of Maryvale to address poverty.
Funding nonprofit endowments can be a tool to ensure the stability of an organization, as well as to advance equity and shift power to frontline organizations. However, according to new, forthcoming CEP research, endowment giving represents only a small slice of foundation funding.
The webinar will explore the how and why of endowment funding from both funder and nonprofit perspectives, including U.S. foundation practices in endowment giving, how funding endowments can foster nonprofit sustainability and advance equitable social change, and the Robert Wood Johnson Foundation’s approach to endowment funding as a tool to advance equity.
The panel includes:
Maisha E. Simmons, Assistant Vice President, Equity and Culture, Robert Wood Johnson Foundation (moderator)
Darren Isom, Partner, The Bridgespan Group
Elisha Smith Arrillaga, Vice President of Research, Center for Effective Philanthropy
John Jackson, President and CEO, Schott Foundation for Public Education
COST: Free for CNJG Members and Non Member Grantmakers
All registrants will receive a recording of the webinar after the event.
This program is presented by CEP and The Bridgespan Group and co-hosted by the Robert Wood Johnson Foundation.