The Finance Committee of the NJBSF is charged with assisting our Treasurer with the placement of the funds in our endowment. In the 2008-2009 fiscal year, the NJBSF total net worth for its assets reached its first major milestone, $100,000. The Committee meets annually to make recommendations to the Board of Trustees on the allocation of funds in growth and cash assets to drive the endowment to the long-term goal of The Foundation to fully fund the Jersey Boys State program in perpetuity.
The Legacy Scholarship Program and Corporate Donations are a large part of how this committee hopes
to reach this lofty goal through an aggressive yet steady, calculated growth plan.