College Club of Northern New Jersey is a nonprofit organization that helps fund educational opportunities for young women and men in Ridgewood, Paterson, and other local towns by providing need-based grants and interest-free loans. 

Please help us by supporting our events!


TWO exciting author events coming up — don't miss out!!


October 25 Author Reception
with Diane Chamberlain
discussing her new book
 The Stolen Marriage

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Ticket prices (including PayPal fee -- thank you!)



***Please check flyer for tax-deductible portion of ticket price***



November 13 Author Luncheon
with Bergen County's own
Mary Higgins Clark
discussing her new book
Every Breath You Take

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Ticket prices (including PayPal fee -- thank you!)
Do you have a seating request?




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Important Message from the President
The proposed changes were voted on at our October meeting and they all passed. These new by-laws and changes will be going into effect soon. An explanation of these changes is provided below. These changes will lower costs as well as create greater efficiency.

  The name for our organization will be COLLEGE CLUB OF   NORTHERN NEW JERSEY. The Board also recommended approval by the membership of the following proposed rewording of our Statement of Purpose in our Bylaws. A vote was taken at our first general membership meeting on Tuesday, October 4th.

NEW WORDING
ARTICLE II
Statement of Purpose
The College Club is a corporation organized and operated exclusively for charitable and educational purposes within the meaning of Section 501(c) (3) of the Internal Revenue Code of 1986, as amended, without profit to any officer or director and the Corporation. The Corporation is incorporated under the laws of the State of New Jersey specifically to develop and expand educational opportunities for study in all phases of higher education through the awarding of annual grants and loans. Subject to the foregoing, the Corporation may also engage in other activities which are permissible by law.
EXPLANATION:
Upon the recommendation of our auditors and lawyers, we are seeking to simplify the corporate structure of College Club. Historically College Club consists of 3 separate entities with 3 separate Tax ID numbers. The Education Fund and the Memorial Scholarship Loan Fund are organized as tax-exempt organizations under Section 501 (C)(3) of the tax code. Contributions to these entities are tax-deductible. College Club itself is organized under Section 501(C) (4). This designation applies to “membership organizations” and while the Club does not pay taxes, contributions are not tax-deductible. This cumbersome organization requires 3 separate tax returns.
By reframing our Statement of Purpose we will be able to apply for 501(c)(3) status for The College Club and combine all 3 units into one single organization. We will not be comingling funds, instead we will be able to maintain separate accounts within the one organization for each of our 3 divisions.
While College Club of Ridgewood is in effect re-incorporating, the Board feels it is appropriate to change our name to reflect the geographic diversity of our membership. Hence, the recommendation to change the organization’s name to College Club of Northern New Jersey.


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