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New York BBB Wise Giving Report for


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Expiration Date:
Formerly known as:
Public Education Needs Civic Involvement in Learning
30 West 26th Street, 5th Floor
New York, NY 10010
Web Site:
Year, State Incorporated:
1995, New York
Stated Purpose:
" PENCIL inspires innovation and improves student achievement by connecting business leaders and public schools. Our programs share a common premise: by bringing together the best ideas, talent and resources across sectors, we can create real change in our schools. "

Evaluation Conclusions

The Better Business Bureau of New York requested but did not receive complete information on the organization’s Board of Directors meetings, finances, solicitation materials, and fundraising disclosures and is unable to verify the organization's compliance with the following 4 Standards for Charity Accountability: 3, 14, 15, and 19.
PENCIL meets the remaining 16 Standards for Charity Accountability.


PENCIL is a unique organization that strategically partners businesses and public schools to improve student achievement. We focus on bringing the talent, skills, and resources of business professionals into schools in a meaningful way-every partnership is tailored to the school need and business expertise, and we provide support every step of the way to ensure success. Our two core programs, the school-business Partnership Program and a summer internship program for high school students, give business professionals tangible, and flexible, ways to be involved and see results.


Chief Executive Officer:
Mr. David Weiner, President
Chair of the Board:
Mr. Howard Chatzinoff
Board Size:
Paid Staff Size:

Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Fund Raising

Method(s) Used:

Fundraising costs were 17.4% of related contributions. (Related contributions, which totaled $4,051,371, are donations received as a result of fund raising activities.)
This organization incurred joint costs of $134,059. Of those costs $25,666 was allocated to program expenses, $108,393 was allocated to fund raising expenses.

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.



Source of Funds  



Special event income, net


In-kind contributions


Investment gain


Interest and other income


Fee income


Total Income


Program Expenses  

Program services

Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses




Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 17%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $4,949,073
Ending net assets 5,036,159
Total liabilities 311,737

Total assets



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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.