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New Jersey Special Investigators Association, Inc.

The NJSIA Education Foundation, Inc.

The NJSIA Education Foundation, Inc. was incorporated as a New Jersey non-profit corporation on September 16, 1996. The Foundation was established by the NJSIA "to undertake, and to aid, promote, develop, and advance, the education, research, study, teaching and practice of Insurance Fraud Investigation and allied field."

To carry out that part of the NJSIA's mission to provide education in the area of insurance fraud awareness and prevention, the Foundation is specifically empowered to retain and employ "instructors/teachers and staff for the implementation of continuing education and research projects... and to improve education or advance educational standards in the area of Insurance Fraud Investigation and allied fields." 

The Foundation sponsors an annual insurance fraud seminar that is attended by nearly 800 persons representing insurance companies, regulatory bodies and law enforcement agencies from the northeastern United States.

On December 9, 1997, the Internal Revenue Service issued an advance ruling, effective September 16, 1996, that the Foundation is exempt from federal income tax under Section 501(a) of the Internal Revenue Code as an organization described in Section 501 (c)(3). 

Donors may deduct contributions to the Foundation as provided in Section 170 of the Internal Revenue Code; provided, however, that contributions are deductible only to the extent that their contributions are gifts, with no consideration received. For example, ticket purchases and similar payments in conjunction with fundraising events may not necessarily qualify as deductible contributions, depending on the circumstances.

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